1 April 2024 true No description of principal activity Taxfiler 2024.6 10665083 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10665083 2024-03-31 10665083 business:EntityNoLongerTradingButTradedInPast 2024-04-01 2025-03-31 10665083 2024-04-01 2025-03-31 10665083 business:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10665083 business:FilletedAccounts 2024-04-01 2025-03-31 10665083 2025-03-31 10665083 business:Director1 2024-04-01 2025-03-31 10665083 business:RegisteredOffice 2024-04-01 2025-03-31 10665083 2024-03-31 10665083 core:WithinOneYear 2025-03-31 10665083 core:WithinOneYear 2024-03-31 10665083 core:AfterOneYear 2025-03-31 10665083 core:AfterOneYear 2024-03-31 10665083 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 10665083 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 10665083 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 10665083 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 10665083 core:PreviouslyStatedAmount 2025-03-31 10665083 core:PreviouslyStatedAmount 2024-03-31 10665083 business:SmallEntities 2024-04-01 2025-03-31 10665083 countries:EnglandWales 2024-04-01 2025-03-31 10665083 core:PlantMachinery 2024-04-01 2025-03-31 10665083 core:LandBuildings 2024-03-31 10665083 core:PlantMachinery 2024-03-31 10665083 core:LandBuildings 2025-03-31 10665083 core:PlantMachinery 2025-03-31 10665083 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10665083 (England and Wales)
Telekom Connect Limited Unaudited accounts for the year ended 31 March 2025
Telekom Connect Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Telekom Connect Limited Company Information for the year ended 31 March 2025
Director
Betsy Joy
Company Number
10665083 (England and Wales)
Registered Office
124 City Road London EC1V 2NX England
- 3 -
Telekom Connect Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
219,294
219,294
Current assets
Cash at bank and in hand
36,922
36,922
Creditors: amounts falling due within one year
5
(154,518)
(154,518)
Net current liabilities
(117,596)
(117,596)
Total assets less current liabilities
101,698
101,698
Creditors: amounts falling due after more than one year
6
(19,500)
(19,500)
Provisions for liabilities
Deferred tax
(103)
(103)
Net assets
82,095
82,095
Capital and reserves
Called up share capital
1
1
Profit and loss account
82,094
82,094
Shareholders' funds
82,095
82,095
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 16 January 2026 and were signed on its behalf by
Betsy Joy Director Company Registration No. 10665083
- 4 -
Telekom Connect Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Telekom Connect Limited is a private company, limited by shares, registered in England and Wales, registration number 10665083. The registered office is 124 City Road, London, EC1V 2NX, England.
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
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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
over 5 years
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
218,750
1,883
220,633
At 31 March 2025
218,750
1,883
220,633
Depreciation
At 1 April 2024
-
1,339
1,339
At 31 March 2025
-
1,339
1,339
Net book value
At 31 March 2025
218,750
544
219,294
At 31 March 2024
218,750
544
219,294
- 5 -
Telekom Connect Limited Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
9,000
9,000
Trade creditors
2,072
2,072
Taxes and social security
(6,936)
(6,936)
Other creditors
2,000
2,000
Loans from directors
148,382
148,382
154,518
154,518
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
19,500
19,500
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -