Company Registration No. 09576707 (England and Wales)
Telinsol Ltd
Unaudited accounts
for the year ended 30 April 2023
Telinsol Ltd
Unaudited accounts
Contents
Telinsol Ltd
Company Information
for the year ended 30 April 2023
Directors
N Eskandari
S Maddox
Company Number
09576707 (England and Wales)
Registered Office
71-75 SHELTON STREET
COVENT GARDEN
LONDON
WC2H 9JQ
UNITED KINGDOM
Telinsol Ltd
Statement of financial position
as at 30 April 2023
Tangible assets
3,641
4,184
Cash at bank and in hand
6,201
4,727
Creditors: amounts falling due within one year
(139,359)
(347,271)
Net current assets
30,790
79,365
Total assets less current liabilities
34,431
83,549
Creditors: amounts falling due after more than one year
(34,358)
(50,467)
Called up share capital
1
1
Profit and loss account
72
33,081
Shareholders' funds
73
33,082
For the year ending 30 April 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 30 January 2024 and were signed on its behalf by
N Eskandari
Director
Company Registration No. 09576707
Telinsol Ltd
Notes to the Accounts
for the year ended 30 April 2023
Telinsol Ltd is a private company, limited by shares, registered in England and Wales, registration number 09576707. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
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.
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:
Fixtures & fittings
25% Cost
Computer equipment
25% Cost
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2022
20,175
12,105
-
32,280
At 30 April 2023
20,175
12,105
1,781
34,061
At 1 May 2022
20,175
7,921
-
28,096
Charge for the year
-
1,879
445
2,324
At 30 April 2023
20,175
9,800
445
30,420
At 30 April 2023
-
2,305
1,336
3,641
At 30 April 2022
-
4,184
-
4,184
Telinsol Ltd
Notes to the Accounts
for the year ended 30 April 2023
Amounts falling due within one year
Trade debtors
22,996
262,755
Amounts due from group undertakings etc.
40,264
3,428
Other debtors
72,303
127,341
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
42,366
29,406
Trade creditors
5,800
247,694
Taxes and social security
62,649
34,774
Other creditors
4,312
1,775
7
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
-
272
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).