Teleleads Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 05247309 (England and Wales)

Financial Statements

for the Year Ended 30 September 2022

for

TELELEADS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss D A Effenberg

REGISTERED OFFICE:

Unit 7 Block B

Ridgeway Office Park

Bedford Road

PETERSFIELD

Hampshire

GU32 3QF

REGISTERED NUMBER:

05247309 (England and Wales)

ACCOUNTANTS:

Hunter Simmons Ltd

EMP Building

Unit 1, 4 Solent Road

Havant

Portsmouth

Hampshire

PO9 1JH

FIXED ASSETS

Tangible assets

4

222,636

223,919

CURRENT ASSETS

Debtors

5

30,483

32,632

Cash at bank

119,193

111,085

149,676

143,717

CREDITORS

Amounts falling due within one year

6

36,694

41,130

NET CURRENT ASSETS

112,982

102,587

TOTAL ASSETS LESS CURRENT LIABILITIES

335,618

326,506

CREDITORS

Amounts falling due after more than one year

7

(36,419

)

(43,709

)

PROVISIONS FOR LIABILITIES

(1,020

)

(1,250

)

NET ASSETS

298,179

281,547

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

298,169

281,537

298,179

281,547

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 9 November 2022 and were signed by:

Miss D A Effenberg - Director

1.	STATUTORY INFORMATION

Teleleads Limited 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.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2021 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2021

217,267

62,801

280,068

Additions

-

508

508

At 30 September 2022

217,267

63,309

280,576

DEPRECIATION

At 1 October 2021

-

56,149

56,149

Charge for year

-

1,791

1,791

At 30 September 2022

-

57,940

57,940

NET BOOK VALUE

At 30 September 2022

217,267

5,369

222,636

At 30 September 2021

217,267

6,652

223,919

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

30,483

32,112

Other debtors

-

520

30,483

32,632

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

-

1,131

Taxation and social security

36,155

39,161

Other creditors

539

838

36,694

41,130

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loans

36,419

43,709