Telsonic (UK) Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 8

Telsonic (UK) Limited

Balance Sheet

31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,740,314	877,782
Current assets
Stocks	5	1,033,669	895,432
Debtors	6	1,048,830	1,058,702
Cash at bank and in hand		626,002	341,799
		2,708,501	2,295,933
Creditors: Amounts falling due within one year	7	(2,381,357)	(1,493,687)
Net current assets		327,144	802,246
Total assets less current liabilities		2,067,458	1,680,028
Creditors: Amounts falling due after more than one year	7	(380,000)	-
Provisions for liabilities	8	(113,000)	(157,671)
Net assets		1,574,458	1,522,357
Capital and reserves
Called up share capital		348,526	348,526
Profit and loss account		1,225,932	1,173,831
Shareholders' funds		1,574,458	1,522,357

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 1 July 2026 and signed on its behalf by:
 

......................................... D L Norton Director

......................................... T Schoenenberger Director

Telsonic (UK) Limited

Notes to the Financial Statements

Year Ended 31 December 2025

1	General information

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

The address of its registered office is:
Unit 3, Vitrage Technical Park
27 Witney Road
Nuffield Industrial Estate
Poole
Dorset
BH17 0GL

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' including Section 1A and the Companies Act 2006.

There are no material departures from FRS 102.

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.

These financial statements are presented in Sterling (£).

Going concern

The directors have reviewed the level of core overheads to determine if there is sufficient working capital to meet these requirements, for a period of at least twelve months from the date of approval of these financial statements. Following this review, based on the information available to date the directors are satisfied that the company has sufficient cash balances to meet these requirements and, accordingly, the directors continue to adopt the going concern basis of presentation.

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 value added tax, returns, and discounts.

For the sale of goods, turnover is recognised at the point the risks and rewards of ownership pass onto the customer. Deposits are treated as payments on account and held within creditors until the sale can be recognised in full at the point of final invoice.

Telsonic (UK) Limited

Notes to the Financial Statements

Year Ended 31 December 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

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.

Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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 over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% straight line basis
Fixtures and fittings	15% straight line basis
Motor vehicles	33.33% straight line basis
Office equipment	33.33% straight line basis
Freehold land and buildings	2% straight line basis

Stocks

Stocks and Work in Progress is stated at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs. Costs include all direct costs and an appropriate proportion of fixed and variable overheads.

Telsonic (UK) Limited

Notes to the Financial Statements

Year Ended 31 December 2025

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 obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the 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.

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Long term borrowings; and
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 25 (2024 - 22).

Telsonic (UK) Limited

Notes to the Financial Statements

Year Ended 31 December 2025

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 January 2025	864,595	202,743	178,404	50,425	1,296,167
Additions	822,415	27,545	130,822	11,349	992,131
Disposals	-	-	(135,582)	-	(135,582)
At 31 December 2025	1,687,010	230,288	173,644	61,774	2,152,716
Depreciation
At 1 January 2025	98,533	190,500	96,124	33,228	418,385
Charge for the year	28,036	8,139	50,029	5,822	92,026
Eliminated on disposal	-	-	(98,009)	-	(98,009)
At 31 December 2025	126,569	198,639	48,144	39,050	412,402
Carrying amount
At 31 December 2025	1,560,441	31,649	125,500	22,724	1,740,314
At 31 December 2024	766,062	12,243	82,280	17,197	877,782

Telsonic (UK) Limited

Notes to the Financial Statements

Year Ended 31 December 2025

5

Stocks

	2025  £	2024  £
Stocks and work in progress	1,033,669	895,432

6

Debtors

	2025 £	2024 £
Trade debtors	825,993	856,673
Prepayments	63,869	56,107
Other debtors	158,968	145,922
	1,048,830	1,058,702

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		152,676	248,476
Amounts owed to group	10	552,011	271,626
Taxation and social security		203,082	194,486
Accruals and deferred income		151,650	49,879
Other creditors		1,321,938	729,220
		2,381,357	1,493,687

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	380,000	-

Telsonic (UK) Limited

Notes to the Financial Statements

Year Ended 31 December 2025

8	Deferred tax and other provisions

	Warranties £	Total £
At 1 January 2025	157,671	157,671
Increase (decrease) in existing provisions	(44,671)	(44,671)
At 31 December 2025	113,000	113,000

9	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The bank holds a guarantee dated 16 July 2024 in favour of HM Revenue & Customs for £100,000 (2024: £100,000).

10	Related party transactions

Expenditure with and payables to related parties

2025	Parent £	Entities with joint control £
Purchase of goods	1,345,904	257,712
Transfers under licence agreements	151,510	-
	1,497,414	257,712
Amounts payable to related party	524,080	27,931