Cleartone Telecoms Ltd - Filleted accounts

Registered number

01266167

Cleartone Telecoms Ltd

Unaudited Filleted Accounts

31 January 2026

Cleartone Telecoms Ltd
Registered number:		01266167
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		82,415			137,658

Current assets
Stocks		1,855,335			1,346,234
Debtors	4	369,683			761,525
Cash at bank and in hand		1,843,338			1,780,022
		4,068,356			3,887,781

Creditors: amounts falling due within one year	5	(1,464,241)			(1,036,060)

Net current assets			2,604,115			2,851,721

Total assets less current liabilities			2,686,530			2,989,379

Creditors: amounts falling due after more than one year	6		(1,255,356)			(1,628,530)



Net assets			1,431,174			1,360,849

Capital and reserves
Called up share capital			51,000			51,000
Profit and loss account			1,380,174			1,309,849

Shareholders' funds			1,431,174			1,360,849

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.




EAR Balding
Director
Approved by the board on 28 October 2026

Cleartone Telecoms Ltd
Notes to the Accounts
for the year ended 31 January 2026


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).

	The company is exempt from the requirement to prepare group accounts because it is itself a subsidiary undertaking. The financial statements therefore present information about the company as an individual undertaking and not about its group.

	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:

	Leasehold property improvements			over 10 years (initial period of lease)
	Motor vehicles			over 4 years
	Plant and machinery			over 2 to 7 years
	Furniture, fittings, and equipment			over 2 to 10 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

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

	Research and development
	Expenditure on research and development is written off in the year it is incurred.

	Approval Fees
	Approval fees required for distribution licences are written off over four years.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					36		36


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2025	47,704		427,560		38,564		513,828
	Additions	-		18,129		598		18,727
	Disposals	-		(57,000)		-		(57,000)
	At 31 January 2026	47,704		388,689		39,162		475,555

	Depreciation
	At 1 February 2025	47,704		298,156		30,310		376,170
	Charge for the year	-		29,814		2,593		32,407
	On disposals	-		(15,437)		-		(15,437)
	At 31 January 2026	47,704		312,533		32,903		393,140

	Net book value
	At 31 January 2026	-		76,156		6,259		82,415
	At 31 January 2025	-		129,404		8,254		137,658


4	Debtors					2026		2025
£							£

	Trade debtors					253,395		678,378
	Deferred tax asset					26,505		4,459
	Other debtors					89,783		78,688
						369,683		761,525


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					357,234		247,560
	Taxation and social security costs					337,142		370,378
	Other creditors					769,865		418,122
						1,464,241		1,036,060


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Amounts owed to group undertakings and undertakings in which the company has a participating interest					1,255,356		1,628,530


7	Pension commitments

	The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £14,539 (2025 - £15,334) were due to the fund. They are included in creditors.


8	Other financial commitments					2026		2025
£							£

	Total future minimum payments under non-cancellable operating leases					179,131		32,569


9	Related party transactions

	During the year the company was charged for management services by Cleartone Group Limited, on normal commercial terms, to the sum of £1,173,989 (2025 - £754,493). The company also incurred license fees from Cleartone Group Limited and Cleartone Software Limited, on normal commercial terms, to the sums of £0 (2025 - £14,877) and £894,033 (2025 - £854,174) respectively. At the balance sheet date, the amount outstanding was £1,255,356 (2025 - £1,628,530) to Cleartone Software Limited.


10	Controlling party

	Cleartone Group Limited, which holds 100% of the shares of Cleartone Telecoms Limited, is the company's immediate and ultimate parent undertaking and Mr RC Hill, who holds 49% of the shares of Cleartone Group Limited is the company's ultimate controlling party. Mr RC Hill also controls 100% of the shares of Boxblade Limited, a company which itself holds 21% of the shares of Cleartone Group Limited. Cleartone Group Limited is a company registered in England and Wales.


11	Other information

	Cleartone Telecoms Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 15 Pontyfelin Industrial Estate
	New Inn
	Pontypool
	Gwent
	NP4 0DQ