REGISTERED NUMBER: SC654373 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ONSITE TELECOM SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F J MacFadyen

J Macfadyen

REGISTERED OFFICE:

15 Cressland Drive

Glasgow

G45 9HR

REGISTERED NUMBER:

SC654373 (Scotland)

ACCOUNTANTS:

Kean Jarman & Company

Chartered Accountants

27 Ingram Street

Glasgow

G1 1HA

FIXED ASSETS

Tangible assets

4

99,485

92,563

CURRENT ASSETS

Debtors

5

54,871

20,071

Cash at bank and in hand

6,068

11,548

60,939

31,619

CREDITORS

Amounts falling due within one year

6

61,580

26,215

NET CURRENT (LIABILITIES)/ASSETS

(641

)

5,404

TOTAL ASSETS LESS CURRENT LIABILITIES

98,844

97,967

CREDITORS

Amounts falling due after more than one year

7

(55,660

)

(36,973

)

PROVISIONS FOR LIABILITIES

(9,837

)

(13,877

)

NET ASSETS

33,347

47,117

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

33,247

47,017

SHAREHOLDERS' FUNDS

33,347

47,117

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2025 and were signed on its behalf by:

F J MacFadyen - Director

J Macfadyen - Director

1.	STATUTORY INFORMATION

Onsite Telecom Solutions Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

107,574

73,052

2,199

182,825

Additions

-

47,992

-

47,992

Disposals

-

(24,995

)

-

(24,995

)

At 31 March 2025

107,574

96,049

2,199

205,822

DEPRECIATION

At 1 April 2024

50,647

38,112

1,503

90,262

Charge for year

14,232

18,755

174

33,161

Eliminated on disposal

-

(17,086

)

-

(17,086

)

At 31 March 2025

64,879

39,781

1,677

106,337

NET BOOK VALUE

At 31 March 2025

42,695

56,268

522

99,485

At 31 March 2024

56,927

34,940

696

92,563

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

73,052

Additions

47,992

Disposals

(24,995

)

At 31 March 2025

96,049

DEPRECIATION

At 1 April 2024

38,112

Charge for year

18,755

Eliminated on disposal

(17,086

)

At 31 March 2025

39,781

NET BOOK VALUE

At 31 March 2025

56,268

At 31 March 2024

34,940

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

52,205

17,500

VAT

2,426

2,331

Prepayments and accrued income

240

240

54,871

20,071

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

3,292

3,132

Hire purchase contracts

14,552

10,728

Trade creditors

16,574

179

Tax

15,203

2,176

Directors' current accounts

11,959

10,000

61,580

26,215

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

3,292

3,132

Bank loans - 2-5 years

9,876

9,396

Bank loans more 5 yr by instal

1,558

5,595

Hire purchase contracts

40,934

18,850

55,660

36,973

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,558

5,595

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

1

100

100

9.	RELATED PARTY DISCLOSURES

The company directors were owed £11,959 (2024-£10,000) at the year end. The maximum amount outstanding during the year was £11,959.