| Snetterton Telecom Limited |
| Registered Number:13946907 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Snetterton Telecom Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Snetterton Telecom Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
15,376
5,058
2
15,376
5,058
| Trade and other receivables |
26,483
8,229
3
6,299
| Cash and cash equivalents |
16,802
25,031
32,782
| Trade and other payables: amounts falling due within one |
| year |
(59,186)
(83,914)
4
(26,404)
(58,883)
Net current liabilities
| Total assets less current liabilities |
(43,507)
(21,346)
(43,507)
Net liabilities
(21,346)
2
2
(43,509)
(21,348)
(43,507)
(21,346)
Shareholders' funds
| For the year ended 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 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 proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| L C Read-Farrell Director |
| These financial statements were approved and authorised for issue by the Board on 29 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Snetterton Telecom Limited
Notes to the Financial Statements
Statutory Information
| Snetterton Telecom Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 13946907. |
Snetterton Park, Unit 3F Harling Road
Snetterton
Norwich
Norfolk
NR16 2JU
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax, for telecom services provided. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Going Concern
| At 31 March 2025, the company had net current liabilities of £58,883 (2024: £26,404) and net liabilities of £43,507 |
| (2024: £21,346). The directors have considered the availability of working capital at 31 March 2025 together with the |
| continued support from the company's shareholders and connected businesses, and is of the opinion that this will be |
| sufficient to enable the company to continue operating for at least the 12 months from the date of signing these |
| accounts, and pay its debts as they fall due. The directors have therefore concluded that the accounts should be |
| prepared on a going concern basis. |
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For the year ended 31 March 2025
Snetterton Telecom Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
6,744
16,005
22,749
| Provision for depreciation and impairment |
1,686
Charge for year
5,687
7,373
15,376
5,058
| 3. Trade and other receivables |
2024
2025
5,036
24,722
3,193
1,761
26,483
8,229
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
11,572
12,626
72,342
46,560
83,914
59,186
| 5. Related party transactions |
| During the year the company received loans of £16,875 from a related party. The loans were provided interest free |
| but are repayable on demand. The balance outstanding at the end of the year was £54,042 (2024: £37,167). This is |
| included in Other |
| creditors in note 3 of the accounts. |
| 6. Average number of persons employed |
During the year the average number of employees was 2 (2024 : 2)
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