Zircom Data Communications Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02948903

Zircom Data Communications Ltd

Filleted Unaudited Financial Statements

31 December 2025

Zircom Data Communications Ltd

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		200,749	156,078

Current assets

Stock & Work-in-progress		143,726	135,959
Debtors	7	1,441,517	1,033,342
Cash at bank and in hand		894,858	2,941,845
		------------	------------
		2,480,101	4,111,146

Prepayments and accrued income	88,333		63,647

Creditors: amounts falling due within one year	8	773,401		1,155,179
		------------		------------
Net current assets			1,795,033	3,019,614
			------------	------------
Total assets less current liabilities			1,995,782	3,175,692

Provisions

Taxation including deferred tax		28,069	35,744

Accruals and deferred income	138,337	156,060
	------------	------------
Net assets	1,829,376	2,983,888
	------------	------------

Capital and reserves

Called up share capital	9	14,004	14,004
Profit and loss account		1,815,372	2,969,884
		------------	------------
Shareholders funds		1,829,376	2,983,888
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31st 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Zircom Data Communications Ltd

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 16 September 2026 , and are signed on behalf of the board by:

G M Granville

Director

Company registration number: 02948903

Zircom Data Communications Ltd

Notes to the Financial Statements

Year ended 31st December 2025

1. General information

The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is Units 1 & 2 The Croft, Buntsfordgate Business Park, Bromsgrove, Worcestershire, B60 4JE, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents amounts invoiced during the period, exclusive of Value Added Tax, in respect of data communication services.

Income tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold Improvements	-	10% Straight line.
Office Equipment	-	15% Reducing balance.
Motor vehicles	-	25% Reducing balance.
Tools	-	15% Reducing balance.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Stocks & work-in-progress

Stocks and work-in-progress are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity. Trade and other debtors are recognised and carried forward at invoice amounts less provisions for any doubtful debts. Bad debts are written off when identified.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 26 (2024: 28 ).

5. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	146,870	161,413
Adjustments in respect of prior periods	–	( 12,491)
	---------	---------
Total current tax	146,870	148,922
	---------	---------

Deferred tax:

Origination and reversal of timing differences	( 7,675)	( 7,463)
	---------	---------
Tax on profit	139,195	141,459
	---------	---------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is higher than (2024: lower than) the standard rate of corporation tax in the UK of 25 % (2024: 25 %).

	2025	2024
	£	£
Profit on ordinary activities before taxation	502,183	581,538
	---------	---------
Profit on ordinary activities by rate of tax	125,546	145,385
Effect of expenses not deductible for tax purposes	22,494	30,944
Effect of capital allowances and depreciation	717	( 4,449)
Effect of different UK tax rates on some earnings	–	(12,491)
Other tax adjustment to increase/(decrease) tax liability	(1,887)	(10,467)
Deferred tax	(7,675)	(7,463)
	---------	---------
Tax on profit	139,195	141,459
	---------	---------

6. Tangible assets

	Leasehold Improvements	Plant and machinery	Motor vehicles	Tools	Total
	£	£	£	£	£
Cost
At 1st January 2025	230,134	104,738	258,884	97,540	691,296
Additions	–	–	128,108	3,300	131,408
Disposals/impairment	–	–	( 110,405)	–	( 110,405)
	---------	---------	---------	---------	---------
At 31st December 2025	230,134	104,738	276,587	100,840	712,299
	---------	---------	---------	---------	---------
Depreciation
At 1st January 2025	217,034	104,738	154,453	58,993	535,218
Charge for the year	1,821	–	40,217	6,194	48,232
Disposals/impairment	–	–	( 71,900)	–	( 71,900)
	---------	---------	---------	---------	---------
At 31st December 2025	218,855	104,738	122,770	65,187	511,550
	---------	---------	---------	---------	---------
Carrying amount
At 31st December 2025	11,279	–	153,817	35,653	200,749
	---------	---------	---------	---------	---------
At 31st December 2024	13,100	–	104,431	38,547	156,078
	---------	---------	---------	---------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	1,379,429	971,312
Other debtors	62,088	62,030
	------------	------------
	1,441,517	1,033,342
	------------	------------

Other debtors include an amount of £62,088 (2024: £62,030) due from an entity related through common directors and shareholders. The balance was interest-free, unsecured and repayable on demand.

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	429,577	694,353
Corporation tax	146,869	161,359
Social security and other taxes	189,048	213,463
Other creditors	7,907	86,004
	---------	------------
	773,401	1,155,179
	---------	------------

Other creditors include a balance of £4,548 (2024: £74,711) due to the directors of the company.

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	14,004	14,004	14,004	14,004
	--------	--------	--------	--------

10. Employee ownership trust

During the year, an Employee Ownership Trust acquired 60% of the ordinary share capital of the Company from the existing shareholders. The Company made distributions totalling £1,517,500 to the trustee during the year to fund part of the consideration payable by the trustee in connection with the acquisition.

The distributions have been recognised directly in retained earnings.

11. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
G M Granville	( 39,341)	35,768	( 3,573)
P Knight	( 35,370)	34,395	( 975)
	--------	--------	-------
	( 74,711)	70,163	( 4,548)
	--------	--------	-------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
G M Granville	( 134,822)	95,481	( 39,341)
P Knight	( 66,110)	30,740	( 35,370)
	---------	---------	--------
	( 200,932)	126,221	( 74,711)
	---------	---------	--------