Telle Systems Ltd - Period Ending 2022-07-31

Telle Systems Ltd

Contents

Company Information	1
Director's Report	2
Accountants' Report	3
Abridged Balance Sheet	4
Notes to the Unaudited Abridged Financial Statements	5

Telle Systems Ltd

Company Information

Director

Mr A G Beer

Company secretary

Mrs J Beer

Registered office

14 Blenheim Close Meopham Gravesend Kent DA13 0PQ

Accountants

R J Financial Accounting Services Ltd Chartered Certified Accountants 220A Stow Hill Newport Gwent NP20 4HA

Telle Systems Ltd

Director's Report for the Year Ended 31 July 2022

The director presents his report and the abridged financial statements for the year ended 31 July 2022.

Director of the company

The director who held office during the year was as follows:

Mr A G Beer

Principal activity

The principal activity of the company is telecommunications contractor

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 13 March 2023
 

......................................... Mr A G Beer Director

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Telle Systems Ltd
for the Year Ended 31 July 2022

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Telle Systems Ltd for the year ended 31 July 2022 as set out on pages 4 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Telle Systems Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Telle Systems Ltd and state those matters that we have agreed to state to the Board of Directors of Telle Systems Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Telle Systems Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Telle Systems Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Telle Systems Ltd. You consider that Telle Systems 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 accounts of Telle Systems 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 accounts.

......................................

R J Financial Accounting Services Ltd
Chartered Certified Accountants
220A Stow Hill
Newport
Gwent
NP20 4HA

13 March 2023

Telle Systems Ltd

(Registration number: 03410628)
Abridged Balance Sheet as at 31 July 2022

	Note	2022 £	2021 £
Current assets
Debtors		2	2
Capital and reserves
Called up share capital		2	2
Shareholders' funds		2	2

For the financial year ending 31 July 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 13 March 2023
 

......................................... Mr A G Beer Director

Telle Systems Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2022

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
14 Blenheim Close
Meopham
Gravesend
Kent
DA13 0PQ

These financial statements were authorised for issue by the director on 13 March 2023.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Depreciation

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance basis

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2021 - 0).