Businessland IT Telecoms Holdings Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 05601624 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

BUSINESSLAND IT TELECOMS HOLDINGS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

S Wilson

REGISTERED OFFICE:

1 Nelson Mews

Southend on Sea

Essex

SS1 1AL

REGISTERED NUMBER:

05601624 (England and Wales)

ACCOUNTANTS:

Goldwyns Limited

Chartered Accountants

1 Nelson Mews

Southend on Sea

Essex

SS1 1AL

FIXED ASSETS

Tangible assets

4

8,327

10,820

Investment property

5

725,000

733,327

735,820

CURRENT ASSETS

Debtors

18,465

16,144

Cash at bank

7,803

855

26,268

16,999

CREDITORS

Amounts falling due within one year

44,234

340,440

NET CURRENT LIABILITIES

(17,966

)

(323,441

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

715,361

412,379

CREDITORS

Amounts falling due after more than one
year

6

(315,465

)

(12,968

)

PROVISIONS FOR LIABILITIES

(76,961

)

(76,961

)

NET ASSETS

322,935

322,450

CAPITAL AND RESERVES

Called up share capital

9

90

Fair value reserve

10

306,330

Retained earnings

16,515

16,030

SHAREHOLDERS' FUNDS

322,935

322,450

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 July 2026 and were signed by:

S Wilson - Director

1.	STATUTORY INFORMATION

Businessland IT Telecoms Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on cost

Computer equipment

-

33.33% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a fair value reserve.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

and 31 October 2025

26,208

DEPRECIATION

At 1 November 2024

15,388

Charge for year

2,493

At 31 October 2025

17,881

NET BOOK VALUE

At 31 October 2025

8,327

At 31 October 2024

10,820

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

725,000

NET BOOK VALUE

At 31 October 2025

725,000

At 31 October 2024

725,000

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS

2025

2024

£

Repayable by instalments

Bank loans more 5 yr

305,759

1,625

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

5,183

-

Between one and five years

14,685

-

19,868

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

318,305

321,386

The bank loan is secured upon the leasehold deeds of the company.

The Bounce Back loan is secured by a guarantee from the UK Government under the Bounce Back Loan Scheme.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

90

Ordinary Shares

1

90

10.

RESERVES

Fair

value

reserve

£

At 1 November 2024

and 31 October 2025

306,330

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Businessland IT Telecoms Holdings Ltd for the year ended 31 October 2025 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Businessland IT Telecoms Holdings Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Businessland IT Telecoms Holdings Ltd and state those matters that we have agreed to state to the director of Businessland IT Telecoms Holdings Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Businessland IT Telecoms Holdings Ltd and its director for our work or for this report.

It is your duty to ensure that Businessland IT Telecoms Holdings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Businessland IT Telecoms Holdings Ltd. You consider that Businessland IT Telecoms Holdings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Businessland IT Telecoms Holdings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Goldwyns Limited

Chartered Accountants

1 Nelson Mews

Southend on Sea

Essex

SS1 1AL

30 July 2026