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Company Registration No. 11276097 (England and Wales)
FIBRE TELECOMS (UK) LTD Unaudited accounts for the year ended 31 March 2025
FIBRE TELECOMS (UK) LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
FIBRE TELECOMS (UK) LTD Company Information for the year ended 31 March 2025
Directors
Jamie Robert Hoare David Anthony Lang Neil Macleod
Company Number
11276097 (England and Wales)
Registered Office
Kingfisher House Rownhams Lane North Baddesley Southampton SO52 9LP United Kingdom
Accountants
TBT Accountancy Ltd Kingfisher House Rownhams Lane North Baddesley Southampton Hampshire SO52 9LP
- 3 -
FIBRE TELECOMS (UK) LTD Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
212,754
334,537
Investments
5
30,000
30,000
242,754
364,537
Current assets
Debtors
6
345,236
182,051
Cash at bank and in hand
278,235
523,052
623,471
705,103
Creditors: amounts falling due within one year
7
(1,031,453)
(566,701)
Net current (liabilities)/assets
(407,982)
138,402
Total assets less current liabilities
(165,228)
502,939
Creditors: amounts falling due after more than one year
8
(175,339)
(243,568)
Provisions for liabilities
Deferred tax
(76,545)
(17,418)
Net (liabilities)/assets
(417,112)
241,953
Capital and reserves
Called up share capital
600
600
Share premium
36,767
36,767
Profit and loss account
(454,479)
204,586
Shareholders' funds
(417,112)
241,953
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 21 November 2025 and were signed on its behalf by
Neil Macleod Director Company Registration No. 11276097
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FIBRE TELECOMS (UK) LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
FIBRE TELECOMS (UK) LTD is a private company, limited by shares, registered in England and Wales, registration number 11276097. The registered office is Kingfisher House, Rownhams Lane, North Baddesley, Southampton, SO52 9LP, United Kingdom.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, VAT and other sales taxes. Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. A defined contribution plan is a pension plan under which the company pays contributions of a fixed percentage into a separate entity. Once the contributions have been paid the company has no further obligations. Contributions payable are recognised in the profit and loss account when due.
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FIBRE TELECOMS (UK) LTD Notes to the Accounts for the year ended 31 March 2025
Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related third parties. Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on a reducing balance
Motor vehicles
25% on a reducing balance
Computer equipment
25% on a reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
19,477
468,420
20,517
508,414
Additions
2,340
87,979
1,509
91,828
Disposals
-
(33,445)
-
(33,445)
At 31 March 2025
21,817
522,954
22,026
566,797
Depreciation
At 1 April 2024
6,352
157,176
10,349
173,877
Charge for the year
4,365
192,896
2,919
200,180
On disposals
-
(20,014)
-
(20,014)
At 31 March 2025
10,717
330,058
13,268
354,043
Net book value
At 31 March 2025
11,100
192,896
8,758
212,754
At 31 March 2024
13,125
311,244
10,168
334,537
5
Investments
Other investments
£
Valuation at 1 April 2024
30,000
Valuation at 31 March 2025
30,000
- 6 -
FIBRE TELECOMS (UK) LTD Notes to the Accounts for the year ended 31 March 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
239,188
90,968
Accrued income and prepayments
-
4,972
Other debtors
106,048
86,111
345,236
182,051
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
30,400
37,781
VAT
310,327
242,130
Obligations under finance leases and hire purchase contracts
111,738
79,690
Trade creditors
278,851
129,542
Taxes and social security
296,558
76,093
Other creditors
3,379
1,265
Accruals
200
200
1,031,453
566,701
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
20,360
43,304
Obligations under finance leases and hire purchase contracts
154,979
200,264
175,339
243,568
9
Loans to directors
All director loans are interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 34 (2024: 31).
- 7 -