Telemach Info UK Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03449990 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

TELEMACH INFO UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss R H Strawford

REGISTERED OFFICE:

C/O Bracher Rawlins LLP

16 High Holborn

London

WC1V 6BX

REGISTERED NUMBER:

03449990 (England and Wales)

ACCOUNTANTS:

Burnside

Chartered Accountants

61 Queen Square

Bristol

BS1 4JZ

FIXED ASSETS

Investments

4

-

CURRENT ASSETS

Cash in hand

7

TOTAL ASSETS LESS CURRENT
LIABILITIES

7

CAPITAL AND RESERVES

Called up share capital

5

1

Retained earnings

6

SHAREHOLDERS' FUNDS

7

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 31 December 2025 and were signed by:

Miss R H Strawford - Director

1.	STATUTORY INFORMATION

Telemach Info UK 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The company was dormant throughout the current year and previous year.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Financial instruments

Financial assets and liabilities are recognised in the balance sheet when the company becomes party to the contractual provisions of the instrument.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of any direct issue costs.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

COST

At 1 January 2024

and 31 December 2024

62,500

12,500

75,000

PROVISIONS

At 1 January 2024

and 31 December 2024

62,500

12,500

75,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

The investment represents the entire issued share capital of Open Connections Holdings Limited, a company registered in England and Wales, together with a loan note.

In the financial year ended 31 December 2024, Open Connections Holdings Limited did not trade (2023 - did not trade) and had net assets at that date of £1 (2023 - £1). Its principal activity is that of a holding company.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

1

Ordinary share capital

£1

1

6.	CONTINGENT LIABILITIES

Together with Telemach Info International Inc and Open Connections Solutions Limited, Telemach Info UK Limited has joint and several liability for repayment of a $518,000 cash advance loan from Thermo Info Solutions Inc. to Telemach Info International Inc. During October 2004, the repayment terms were renegotiated whereby the amount no longer attracts interest through to October 2014, and these revised terms have been extended indefinitely.

7.	RELATED PARTY DISCLOSURES

The controlling party is E Fourakis.