REGISTERED NUMBER: 05480084 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ANTHEUS TELECOM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N P Middleton

Mrs K A Middleton

REGISTERED OFFICE:

Merlin Accountany Services Ltd

2nd Floor 33 Longbrook Street

Devon

England

EX4 6AW

REGISTERED NUMBER:

05480084 (England and Wales)

ACCOUNTANTS:

Merlin Accountancy Services Ltd

2nd Floor

33 Longbrook Street

Exeter

Devon

EX4 6AW

FIXED ASSETS

Tangible assets

4

35,847

40,002

CURRENT ASSETS

Debtors

5

113,485

68,294

Cash at bank and in hand

33,402

67,180

146,887

135,474

CREDITORS

Amounts falling due within one year

6

55,038

51,704

NET CURRENT ASSETS

91,849

83,770

TOTAL ASSETS LESS CURRENT LIABILITIES

127,696

123,772

CREDITORS

Amounts falling due after more than one year

7

(1,678

)

(12,139

)

PROVISIONS FOR LIABILITIES

8

(8,962

)

(7,600

)

NET ASSETS

117,056

104,033

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

116,955

103,932

SHAREHOLDERS' FUNDS

12

117,056

104,033

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 16 December 2025 and were signed on its behalf by:

N P Middleton - Director

Mrs K A Middleton - Director

1.	STATUTORY INFORMATION

Antheus Telecom Limited 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 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.

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

188,902

4,995

193,897

Additions

4,809

-

4,809

At 31 March 2025

193,711

4,995

198,706

DEPRECIATION

At 1 April 2024

148,937

4,958

153,895

Charge for year

8,955

9

8,964

At 31 March 2025

157,892

4,967

162,859

NET BOOK VALUE

At 31 March 2025

35,819

28

35,847

At 31 March 2024

39,965

37

40,002

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

113,485

68,294

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

12,424

10,204

Trade creditors

24,305

23,673

Taxation and social security

15,593

15,552

Other creditors

2,716

2,275

55,038

51,704

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,678

12,139

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

8,962

7,600

Deferred

tax

£

Balance at 1 April 2024

7,600

Provided during year

1,362

Balance at 31 March 2025

8,962

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

N P Middleton and Mrs K A Middleton

Balance outstanding at start of year

59,270

106,742

Amounts advanced

104,689

59,270

Amounts repaid

(59,270

)

(106,742

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

104,689

59,270

During the year loans were provided to N P Middleton and Mrs K A Middleton, the directors. Interest of 2.25% (last year: 2.25%) was charged on these loans. There are no terms for repayment.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £60,000 (2024 - £107,000) were paid to the directors .

11.	ULTIMATE CONTROLLING PARTY

The controlling party is N P Middleton.

12.	RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS

2025

2024

£

£

Profit for the financial year

73,023

61,974

Dividends

(60,000

)

(107,000

)

Net addition/(reduction) to shareholders' funds

13,023

(45,026

)

Opening shareholders' funds

104,033

149,059

Closing shareholders' funds

117,056

104,033