Registration number: 07765069

F & M Telecommunications Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

F & M Telecommunications Ltd

Company Information

Directors

J D Evans M Ramage

Registered office

Cooper House Lower Charlton Estate Shpeton Mallet Somerset BA4 5QE

Accountants

Burton Sweet Limited Chartered Accountants and Financial Advisers Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

F & M Telecommunications Ltd

(Registration number: 07765069)
Balance Sheet
31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	264	384
Tangible assets	5	170	335
Other financial assets	6	40	-
		474	719
Current assets
Debtors	7	156,859	107,210
Cash at bank and in hand		-	73
		156,859	107,283
Creditors: Amounts falling due within one year	8	(88,671)	(80,059)
Net current assets		68,188	27,224
Net assets		68,662	27,943
Capital and reserves
Called up share capital		100	100
Retained earnings		68,562	27,843
Shareholders' funds		68,662	27,943

F & M Telecommunications Ltd

(Registration number: 07765069)
Balance Sheet
31 December 2025

For the financial year ending 31 December 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 May 2026 and signed on its behalf by:
 

......................................... J D Evans Director

F & M Telecommunications Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Cooper House
Lower Charlton Estate
Shpeton Mallet
Somerset
BA4 5QE

These financial statements were authorised for issue by the Board on 13 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the 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 sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

F & M Telecommunications Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 December 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	33% per annum straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Software licences	20% per annnum straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business and are recognised at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

F & M Telecommunications Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 December 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers and are recognised at the transaction price. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 1).

F & M Telecommunications Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 December 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 January 2025	600	600
At 31 December 2025	600	600
Amortisation
At 1 January 2025	216	216
Amortisation charge	120	120
At 31 December 2025	336	336
Carrying amount
At 31 December 2025	264	264
At 31 December 2024	384	384

5	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 January 2025	500	500
At 31 December 2025	500	500
Depreciation
At 1 January 2025	165	165
Charge for the year	165	165
At 31 December 2025	330	330
Carrying amount
At 31 December 2025	170	170
At 31 December 2024	335	335

F & M Telecommunications Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 December 2025

6	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
Additions	40	40
At 31 December 2025	40	40
Impairment
Carrying amount
At 31 December 2025	40	40

7

Debtors

	2025 £	2024 £
Trade debtors	5,290	10,124
Amounts owed by related parties	151,140	96,700
Other debtors	429	386
	156,859	107,210

F & M Telecommunications Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 December 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	17,344	19,737
Trade creditors		8,894	26,653
Taxation and social security		13,671	10,323
Accruals and deferred income		1,380	1,280
Other creditors		47,382	22,066
		88,671	80,059

9	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank overdrafts	17,344	19,737