Company No: 05856157 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	17,743		3,382
		17,743		3,382
Current assets
Stocks		155,530		52,530
Debtors	5	449,967		379,509
Cash at bank and in hand		6,638		6,377
		612,135		438,416
Creditors: amounts falling due within one year	6, 10	( 455,065)		( 334,268)
Net current assets		157,070		104,148
Total assets less current liabilities		174,813		107,530
Creditors: amounts falling due after more than one year	7	0		( 5,210)
Net assets		174,813		102,320
Capital and reserves
Called-up share capital	8	180		180
Capital redemption reserve		20		20
Profit and loss account		174,613		102,120
Total shareholders' funds		174,813		102,320

For the financial year ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of T.S. Comms Limited (registered number: 05856157) were approved and authorised for issue by the Board of Directors on 16 April 2026. They were signed on its behalf by:

Mr S J Rogers Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date. Exchange differences are taken into account when arriving at the operating profit.

Turnover

Turnover comprises of the fair value of consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of the value added tax, returns, rebates and discounts and after eliminating sales within the company.

In respect of long term contracts and contracts for ongoing services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	3 years straight line
Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Leases in which substantially all risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Balance Sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the Profit and Loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal levels of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive oblgation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	12		7

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 October 2024	70,000		70,000
At 30 September 2025	70,000		70,000
Accumulated amortisation
At 01 October 2024	70,000		70,000
At 30 September 2025	70,000		70,000
Net book value
At 30 September 2025	0		0
At 30 September 2024	0		0

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Total
	£		£		£		£		£
Cost
At 01 October 2024	13,714		16,616		2,250		7,872		40,452
Additions	5,006		6,618		3,334		5,857		20,815
At 30 September 2025	18,720		23,234		5,584		13,729		61,267
Accumulated depreciation
At 01 October 2024	13,714		14,837		1,567		6,952		37,070
Charge for the financial year	1,669		2,100		991		1,694		6,454
At 30 September 2025	15,383		16,937		2,558		8,646		43,524
Net book value
At 30 September 2025	3,337		6,297		3,026		5,083		17,743
At 30 September 2024	0		1,779		683		920		3,382

5. Debtors

	2025		2024
	£		£
Trade debtors	168,034		121,718
Other debtors	281,933		257,791
	449,967		379,509

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	7,500		10,377
Trade creditors	176,356		157,653
Taxation and social security	50,049		77,426
Other creditors	221,160		88,812
	455,065		334,268

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		5,210

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
160 Ordinary shares of £ 1.00 each	160		160
20 Ordinary 'A' shares of £ 1.00 each	20		20
	180		180

9. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	5,237		5,237
between one and five years	3,055		8,292
Total future minimum lease payments under non-cancellable operating leases	8,292		13,529

10. Related party transactions

Director - Mr S J Rogers

	2025		2024
	£		£
Opening balance	42,446		2,997
Advances to director	42,600		46,339
Repayments by director	(32,141)		(6,890)
	52,905		42,446

Director - Mr M E Hutchings

	2025		2024
	£		£
Opening balance	44,632		11,981
Advances to director	31,725		38,891
Repayments by director	(6,896)		(6,240)
	69,461		44,632

The outstanding loans are subject to interest at the HMRC official rate, unsecured, and repayable on demand.