Company Registration No. 04560525 (England and Wales)
Telemetry International Limited
Unaudited accounts
for the year ended 31 October 2019
Telemetry International Limited
Unaudited accounts
Contents
Telemetry International Limited
Company Information
for the year ended 31 October 2019
Company Number
04560525 (England and Wales)
Registered Office
17 Mill Lane
Crondall
Farnham
Surrey
GU10 5RP
Telemetry International Limited
Statement of financial position
as at
31 October 2019
Tangible assets
6,117
7,341
Cash at bank and in hand
17,242
17,128
Creditors: amounts falling due within one year
30,494
48,008
Net current assets
87,526
72,605
Total assets less current liabilities
93,643
79,946
Creditors: amounts falling due after more than one year
-
4,732
Share premium
1,000
1,000
Profit and loss account
92,643
83,678
Shareholders' funds
93,643
84,678
For the year ending 31 October 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 April 2020 and were signed on its behalf by
S Thomas
Director
Company Registration No. 04560525
Telemetry International Limited
Notes to the Accounts
for the year ended 31 October 2019
Telemetry International Limited is a private company, limited by shares, registered in England and Wales, registration number 04560525. The registered office is 17 Mill Lane, Crondall, Farnham, Surrey, GU10 5RP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2018
9,788
-
9,788
At 31 October 2019
9,788
1,223
11,011
At 1 November 2018
2,447
-
2,447
Charge for the year
2,447
-
2,447
At 31 October 2019
4,894
-
4,894
At 31 October 2019
4,894
1,223
6,117
At 31 October 2018
7,341
-
7,341
Telemetry International Limited
Notes to the Accounts
for the year ended 31 October 2019
Trade debtors
39,790
7,469
6
Creditors: amounts falling due within one year
2019
2018
Trade creditors
8,254
5,026
Taxes and social security
24,093
5,379
Other creditors
25,217
25,194
Loans from directors
(88,058)
(83,607)
7
Creditors: amounts falling due after more than one year
2019
2018
Taxes and social security
-
(4,732)
8
Average number of employees
During the year the average number of employees was 0 (2018: 0).