REGISTERED NUMBER: 10285987 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

TELECOM ENGINEERING MANAGEMENT SERVICES

LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

7

DIRECTORS:

Mr I C Brotherston

Mr L J Jones

Mrs R Masih

REGISTERED OFFICE:

4 Bracknell Enterprise Centre

Easthampstead Road

Bracknell

Berkshire

RG12 1NF

REGISTERED NUMBER:

10285987 (England and Wales)

ACCOUNTANTS:

Rothmans LLP

Chartered Accountants

10 St Ann Street

Salisbury

Wiltshire

SP1 2DN

FIXED ASSETS

Tangible assets

4

8,594

4,456

CURRENT ASSETS

Stocks

5,846

6,417

Debtors

5

292,408

130,587

Cash at bank

88,331

63,743

386,585

200,747

CREDITORS

Amounts falling due within one year

6

225,613

61,427

NET CURRENT ASSETS

160,972

139,320

TOTAL ASSETS LESS CURRENT LIABILITIES

169,566

143,776

PROVISIONS FOR LIABILITIES

1,314

1,314

NET ASSETS

168,252

142,462

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8

168,152

142,362

168,252

142,462

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 December 2025 and were signed on its behalf by:

Mr I C Brotherston - Director

1.	STATUTORY INFORMATION

Telecom Engineering Management Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

REVENUE RECOGNITION

Revenue is measured as the fair value received or receivable for the provision of telecommunications services provided to the company's customers during the year.

Revenue is recognised upon completion of work at which time the customer signs off the project and the significant risks and rewards of ownership of the work undertaken transfer to the customer.

Profit is recognised on long term contracts when the final outcome can be assessed with reasonable certainty by including turnover and related costs within the profit and loss account dependant on the stage of completion of the contract at the balance sheet date.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost and 15% on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

STOCKS

The company operates a just in time ordering system to purchase major stock items required to complete contracts. Due to the nature of its trade the company also holds stocks of consumable parts that are used in all migrations and installations.

As stock, including consumable parts, are not subject to either technical or physical obsolescence they are valued at cost.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

DEBTORS

Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired.

CASH AND CASH EQUIVALENTS

These comprise cash at bank and other short-term highly liquid bank deposits.

Creditors

Creditors are not interest bearing and are stated at their nominal value.

RESERVES

The movement in the fair value of plant & equipment to open market value at the balance sheet date is recognised in a non-distributable reserve. This reserve, which also contains appropriate depreciation and deferred tax provisions, may not be distributed to the shareholders.

Any movements in the reserve are not liable to corporation tax and an appropriate deferred tax provision is provided within the reserve.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 August 2024

102,007

19,158

1,638

122,803

Additions

6,436

2,801

-

9,237

Disposals

-

(4,492

)

-

(4,492

)

At 31 July 2025

108,443

17,467

1,638

127,548

DEPRECIATION

At 1 August 2024

102,007

14,702

1,638

118,347

Charge for year

1,609

2,367

-

3,976

Eliminated on disposal

-

(3,369

)

-

(3,369

)

At 31 July 2025

103,616

13,700

1,638

118,954

NET BOOK VALUE

At 31 July 2025

4,827

3,767

-

8,594

At 31 July 2024

-

4,456

-

4,456

Cost or valuation at 31 July 2025 is represented by:

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

Valuation in 2023

-

6,666

-

6,666

Cost

108,443

10,801

1,638

120,882

108,443

17,467

1,638

127,548

Tangible fixed assets have been uplifted to fair value. The comparable amounts for revalued assets at original cost were:

2025

2024

£

£

Cost

6,000

6,000

Depreciation

(6,000

)

(6,000

)

Net Book Value

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

214,837

116,101

Other debtors

64,506

5,000

Tax

92

92

Prepayments

12,973

9,394

292,408

130,587

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

152,208

51,197

Social security and other taxes

7,570

-

VAT

42,163

1,840

Other creditors

1,251

1,978

Directors' current accounts

200

200

Accrued expenses

22,221

6,212

225,613

61,427

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

21,000

21,000

Between one and five years

35,000

56,000

56,000

77,000

8.

RESERVES

2025

2024

£

£

Distributable

166,800

139,661

Non - distributable

1,352

2,701

168,152

142,362

Movement in non-distributable reserve

2025

2024

£

£

Balance brought forward

2,701

4,050

Asset disposals

-

-

Fair value uplift

-

-

Movement in depreciation

(1,666

)

(1,666

)

Movement in deferred tax

317

317

Balance carried forward

1,352

2,701

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Telecom Engineering Management Services Ltd for the year ended 31 July 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Telecom Engineering Management Services Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Telecom Engineering Management Services Ltd and state those matters that we have agreed to state to the Board of Directors of Telecom Engineering Management Services Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Telecom Engineering Management Services Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Telecom Engineering Management Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Telecom Engineering Management Services Ltd. You consider that Telecom Engineering Management Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Telecom Engineering Management Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rothmans LLP

Chartered Accountants

10 St Ann Street

Salisbury

Wiltshire

SP1 2DN

15 December 2025