REGISTERED NUMBER: 06844454 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

DP TELCOM LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G T Clarke

C G Clarke

REGISTERED OFFICE:

Lloyds Bank Chambers

Hustlergate

Bradford

BD1 1UQ

REGISTERED NUMBER:

06844454 (England and Wales)

ACCOUNTANTS:

Rawse, Varley & Co

Chartered Accountants

Lloyds Bank Chambers

Hustlergate

Bradford

BD1 1UQ

FIXED ASSETS

Tangible assets

4

46,424

15,613

CURRENT ASSETS

Debtors

5

146,501

104,327

Cash at bank

45,617

150,111

192,118

254,438

CREDITORS

Amounts falling due within one year

6

122,101

138,163

NET CURRENT ASSETS

70,017

116,275

TOTAL ASSETS LESS CURRENT LIABILITIES

116,441

131,888

CREDITORS

Amounts falling due after more than one year

7

(24,224

)

(12,168

)

PROVISIONS FOR LIABILITIES

(11,605

)

(3,902

)

NET ASSETS

80,612

115,818

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

80,512

115,718

SHAREHOLDERS' FUNDS

80,612

115,818

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 24 December 2025 and were signed on its behalf by:

G T Clarke - Director

1.	STATUTORY INFORMATION

DP Telcom 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.

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 represents the sales value of goods and services supplied for the year, exclusive of value added tax.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation.

Depreciation is calculated to write off the cost less residual value of assets over their estimated useful lives at the following annual rates:

Plant and machinery - 15% of reducing balance

Motor vehicles - 25% of cost

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 taxation

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.

Contract revenue recognition

Revenue relating to contracts is recognised as earned when and to the extent that the company obtains the right to consideration in exchange for the performance of services under contracts with customers. Revenue is generally recognised as contract activity progresses, such that for incomplete contracts it reflects the partial performance of contractual obligations. The amount of profit recognised on incomplete contracts is the lower of the profit earned to date and the appropriate proportion of profit expected at completion. Full provision is made for known or expected losses at completion immediately such losses are identified. The amount by which revenue recognised on incomplete contracts exceeds payments received on account is classified in the balance sheet as "Amounts recoverable on contracts".

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

4,206

24,988

29,194

Additions

1,012

48,739

49,751

At 31 March 2025

5,218

73,727

78,945

DEPRECIATION

At 1 April 2024

1,606

11,975

13,581

Charge for year

508

18,432

18,940

At 31 March 2025

2,114

30,407

32,521

NET BOOK VALUE

At 31 March 2025

3,104

43,320

46,424

At 31 March 2024

2,600

13,013

15,613

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

77,209

79,720

Amounts recoverable on

contracts

67,275

21,924

Prepayments and accrued income

2,017

2,683

146,501

104,327

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,484

10,225

Hire purchase contracts

4,354

-

Trade creditors

36,534

25,455

Corporation tax

1,400

25,458

Social security and other taxes

8,759

13,317

Other creditors

321

321

Directors' current accounts

57,267

59,345

Accrued expenses

2,982

4,042

122,101

138,163

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

1,719

12,168

Hire purchase contracts

22,505

-

24,224

12,168

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100