The Federation of Communication Services Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 02749617

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,416		647

			1,416		647
CURRENT ASSETS
Debtors	5	49,199		35,613
Cash at bank and in hand		845,930		900,890

		895,129		936,503
Creditors: Amounts Falling Due Within One Year	6	(44,679 )		(87,172 )

NET CURRENT ASSETS (LIABILITIES)			850,450		849,331

TOTAL ASSETS LESS CURRENT LIABILITIES			851,866		849,978

NET ASSETS			851,866		849,978

Income and Expenditure Account			851,866		849,978

MEMBERS' FUNDS			851,866		849,978

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Ms Margaret Hadfield Director	Mr Itret Latif Director
28/05/2026

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

The Federation of Communication Services Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 02749617 . The registered office is Unit 14, The Stottie Shed, Baker's Yard, Christon Road, Gosforth, Newcastle upon Tyne, NE3 1XD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Turnover represents fees receivable from the company's members, mainly in the form of membership subscriptions.

Turnover is recognised during the period in which the services are supplied and deferred where applicable.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

25% on Cost

2.4. Leasing and Hire Purchase Contracts

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

2.5. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it related to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Factors affecting the tax charge for the year

The company enoys the benefit of "mutual" tax status and accordingly is not liable to taxation in respect of any surpluses arise from charges levied on members. The company is however liable to corporation tax in respect of any surpluses which may arise from services provided to non members, investment income and chargable gains. There were no factors affecting future tax charges.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the income and expenditure account as they become payable in accordance with the rules of the scheme.

1.7. Debtors

Trade debtors represent amounts receivable from member firms, less any impairment.

1.8. Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2024: 8)

Page 2

Page 3

The Federation of Communication Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 January 2025	1,988
Additions	1,586

As at 31 December 2025	3,574

Depreciation
As at 1 January 2025	1,341
Provided during the period	817

As at 31 December 2025	2,158

Net Book Value
As at 31 December 2025	1,416

As at 1 January 2025	647

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	16,004	18,373
Other debtors	33,195	17,240

	49,199	35,613

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	9,602	8,044
Other creditors	30,169	73,562
Taxation and social security	4,908	5,566

	44,679	87,172

7. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Page 3

Page 4

The Federation of Communication Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Audit Information

The auditor's report on the accounts of The Federation of Communication Services Limited for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Mr Andrew Hill FCCA ACA DChA BFP (Senior Statutory Auditor) for and on behalf of HSJ Audit Limited , Statutory Auditor.

HSJ Audit Limited

Severn House

Hazell Drive

Newport

South Wales

NP10 8FY

Page 4