Fibrescope Networks Limited - Filleted accounts

Registered number

11593947

Fibrescope Networks Limited

Filleted Accounts

31 August 2025

Fibrescope Networks Limited
Registered number:		11593947
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		377,543			476,265

Current assets
Debtors	4	336,057			183,441
Cash at bank and in hand		118,837			49,592
		454,894			233,033

Creditors: amounts falling due within one year	5	(301,650)			(175,536)

Net current assets			153,244			57,497

Total assets less current liabilities			530,787			533,762

Creditors: amounts falling due after more than one year	6		(231,584)			(309,477)



Net assets			299,203			224,285

Capital and reserves
Called up share capital			2			2
Profit and loss account			299,201			224,283

Shareholders' funds			299,203			224,285

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Adam Moore
Director
Approved by the board on 24 March 2026

Fibrescope Networks Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			26		29


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 September 2024	128,161		649,920		778,081
	Additions	19,757		20,005		39,762
	Disposals	-		(5,995)		(5,995)
	At 31 August 2025	147,918		663,930		811,848

	Depreciation
	At 1 September 2024	77,531		224,285		301,816
	Charge for the year	25,362		125,418		150,780
	On disposals	-		(18,291)		(18,291)
	At 31 August 2025	102,893		331,412		434,305

	Net book value
	At 31 August 2025	45,025		332,518		377,543
	At 31 August 2024	50,630		425,635		476,265


4	Debtors			2025		2024
£					£

	Trade debtors			311,145		160,823
	Other debtors			24,912		22,618
				336,057		183,441


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			8,912		10,000
	Obligations under finance lease and hire purchase contracts			68,649		99,357
	Trade creditors			77,251		19,604
	Taxation and social security costs			135,010		43,238
	Other creditors			11,828		3,337
				301,650		175,536


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			-		9,163
	Obligations under finance lease and hire purchase contracts			231,584		300,314
				231,584		309,477


7	Related party transactions

	Included within other creditors is a balance of £748 (Prior year £1,993), owed by the Company to a director and shareholder. No interest is charged on this balance and is repayable on demand.
	Included within other creditors is a balance of £2,554 (Prior year 1,933), owed by the Company to a director and shareholder. No interest is charged on this balance and is repayable on demand.



8	Controlling party

	The Company is wholly under the control of its joint directors and shareholders.


9	Other information

	Fibrescope Networks Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Olympia House
	196 Broomhill Road
	Brislington
	Bristol
	BS4 5RG