Telecom Holding Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 06900601

		2024		2023
	Notes	$	$	$	$
FIXED ASSETS
Tangible Assets	4		1,135,758		1,198,855

			1,135,758		1,198,855
CURRENT ASSETS
Debtors	5	2,919,553		3,122,227
Investments	6	406,728		406,728
Cash at bank and in hand		66,866		82,026

		3,393,147		3,610,981
Creditors: Amounts Falling Due Within One Year	7	(3,404,184 )		(3,213,880 )

NET CURRENT ASSETS (LIABILITIES)			(11,037 )		397,101

TOTAL ASSETS LESS CURRENT LIABILITIES			1,124,721		1,595,956

Creditors: Amounts Falling Due After More Than One Year	8		(2,964,645 )		(2,965,662 )

NET LIABILITIES			(1,839,924 )		(1,369,706 )

CAPITAL AND RESERVES
Called up share capital	9		861,864		861,864
Profit and Loss Account			(2,701,788 )		(2,231,570 )

SHAREHOLDERS' FUNDS			(1,839,924)		(1,369,706)

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Telecom Holding Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms M Poliukhova

Director

31 December 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Telecom Holding Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06900601 . The registered office is 1st Floor Healthaid House, , Marlborough Hill,, Harrow, HA1 1UD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

5% Straight Line Method

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Tangible Assets

	Plant & Machinery
	$
Cost
As at 1 January 2024	3,223,848

As at 31 December 2024	3,223,848

Depreciation
As at 1 January 2024	2,024,993
Provided during the period	63,097

As at 31 December 2024	2,088,090

Net Book Value
As at 31 December 2024	1,135,758

As at 1 January 2024	1,198,855

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Telecom Holding Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Debtors

	2024	2023
	$	$
Due within one year
Prepayments and accrued income	13,830	12,314
AT Residential Ltd	124,638	109,989
Slough Residential Ltd	2,615,424	2,348,475
Net wages	-	17,493

	2,753,892	2,488,271
Due after more than one year
Agropromsoyuz LLC	-	633,956
Loan - V Monogarov	165,661	-

	165,661	633,956

	2,919,553	3,122,227

6. Current Asset Investments

	2024	2023
	$	$
Shares in subsidiaries	406,728	406,728

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	$	$
Trade creditors	1,307	-
Bank loans and overdrafts	579,890	920,952
Other loans	731,200	731,200
Amounts owed to group undertakings	21,140	21,508
Other creditors	2,065,067	1,521,347
Taxation and social security	5,580	18,873

	3,404,184	3,213,880

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	$	$
Other loans	2,964,645	2,965,662

9. Share Capital

	2024	2023
	$	$
Allotted, Called up and fully paid	861,864	861,864

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