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Company Registration No. 05765038 (England and Wales)
Telemetry Systems Limited Unaudited accounts for the year ended 31 March 2025
Telemetry Systems Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Telemetry Systems Limited Company Information for the year ended 31 March 2025
Directors
B J Greetham S D Thomas
Company Number
05765038 (England and Wales)
Registered Office
17 Mill Lane Crondall Farnham Surrey GU10 8RP
Accountants
Leemook Accounting Services Limited 29 Errington Road Picket Piece Andover Hants SP11 6XF
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Telemetry Systems Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
96,834
68,229
Current assets
Debtors
5
294,852
204,506
Cash at bank and in hand
389,148
392,069
684,000
596,575
Creditors: amounts falling due within one year
6
(64,149)
(10,939)
Net current assets
619,851
585,636
Net assets
716,685
653,865
Capital and reserves
Share premium
2
2
Profit and loss account
716,683
653,863
Shareholders' funds
716,685
653,865
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2025 and were signed on its behalf by
S D Thomas Director Company Registration No. 05765038
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Telemetry Systems Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Telemetry Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 05765038. The registered office is 17 Mill Lane, Crondall, Farnham, Surrey, GU10 8RP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Plant & machinery - 25% straight line
Fixtures & fittings
Fixtures & Fittings - 25% straight line
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2024
86,139
Additions
82,772
Disposals
(39,800)
At 31 March 2025
129,111
Depreciation
At 1 April 2024
17,910
Charge for the year
32,277
On disposals
(17,910)
At 31 March 2025
32,277
Net book value
At 31 March 2025
96,834
At 31 March 2024
68,229
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Telemetry Systems Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
199,850
109,504
Other debtors
2
2
199,852
109,506
Amounts falling due after more than one year
Amounts due from group undertakings etc.
95,000
95,000
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
70,088
32,532
Trade creditors
28,736
58,736
Taxes and social security
158,970
63,412
Loans from directors
(193,645)
(143,741)
64,149
10,939
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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