TELECOMS ADVISOR LIMITED - Accounts to registrar (filleted) - small 22.3

Unaudited Financial Statements for the Year Ended 31 March 2022

for

TELECOMS ADVISOR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C J Coe

Mrs R A Coe

SECRETARY:

Mrs R A Coe

REGISTERED OFFICE:

35 Croft Road

Thame

OX9 3JF

REGISTERED NUMBER:

07171356 (England and Wales)

ACCOUNTANTS:

Abacus Business Consulting Limited

Thistledown

Wendlebury

Bicester

OX25 2PE

FIXED ASSETS

Tangible assets

4

424

424

Investments

5

16,700

1,200

17,124

1,624

CURRENT ASSETS

Debtors

6

40,473

21,991

Cash at bank

127,027

117,657

167,500

139,648

CREDITORS

Amounts falling due within one year

7

119,033

82,465

NET CURRENT ASSETS

48,467

57,183

TOTAL ASSETS LESS CURRENT LIABILITIES

65,591

58,807

CREDITORS

Amounts falling due after more than one year

8

17,083

22,917

NET ASSETS

48,508

35,890

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

48,507

35,889

SHAREHOLDERS' FUNDS

48,508

35,890

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 3 March 2023 and were signed on its behalf by:

C J Coe - Director

1.	STATUTORY INFORMATION

TELECOMS ADVISOR 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.

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standards for Smaller Entities (effective 2008).

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

-

33% on cost

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 2 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2021

and 31 March 2022

15,496

DEPRECIATION

At 1 April 2021

and 31 March 2022

15,072

NET BOOK VALUE

At 31 March 2022

424

At 31 March 2021

424

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2021

1,200

Additions

15,500

At 31 March 2022

16,700

NET BOOK VALUE

At 31 March 2022

16,700

At 31 March 2021

1,200

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

40,473

21,991

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts

4,584

2,083

Trade creditors

21,320

14,090

Taxation and social security

58,769

42,081

Other creditors

34,360

24,211

119,033

82,465

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loans

17,083

22,917