07216212falsethat of sales of fixed line telephone systems and online sales of games and accessories2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-06-30http://www.companieshouse.gov.uk/cd:Director12022-07-012023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director22022-07-012023-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-07-012023-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-07-012023-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-06-30http://www.companieshouse.gov.uk/2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/cd:FRS1022022-07-012023-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-07-012023-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-07-012023-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07216212

Halstone Technology Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023

Prepared By:
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

Halstone Technology Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
DIRECTORS
Ian Hall
Samuel Hall
REGISTERED OFFICE
Unit 4 Brock Way
Newcastle
Staffordshire
ST5 6AZ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07216212
BANKERS
NatWest
ACCOUNTANTS
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

Halstone Technology Limited

ACCOUNTS
FOR THEYEARENDED30/06/2023
CONTENTS
Page
Balance Sheet3
Notes To The Accounts4

Halstone Technology Limited

BALANCE SHEET AT 30/06/2023
20232022
Notes££
FIXED ASSETS
Tangible assets3121161
CURRENT ASSETS
Stock2,9013,370
Debtors52,4942,037
Cash at bank and in hand256,573236,867
261,968242,274
CREDITORS: Amounts falling due within one year653,44823,212
NET CURRENT ASSETS208,520219,062
TOTAL ASSETS LESS CURRENT LIABILITIES208,641219,223
CAPITAL AND RESERVES
Called up share capital7125125
Profit and loss account208,516219,098
SHAREHOLDERS' FUNDS208,641219,223
For the year ending 30/06/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 15/11/2023 and signed on their behalf by
Ian Hall
Director

Halstone Technology Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Turnover
Turnover represents the value of goods and services supplied by the company, net of value added tax and trade discounts.
2. EMPLOYEES
20232022
No.No.
Average number of employees22

Halstone Technology Limited

3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/07/2022845845
At 30/06/2023845845
Depreciation
At 01/07/2022684684
For the year4040
At 30/06/2023724724
Net Book Amounts
At 30/06/2023121121
At 30/06/2022161161
4. STOCK 20232022
££
Stock comprises:
Stock2,9013,370
2,9013,370
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors-2,037
UK corporation tax2,494-
2,4942,037

Halstone Technology Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax-5,946
VAT807822
Directors current account88
Trade creditors5,5205,686
Other creditors363-
Accruals750750
Amounts due to group companies46,00010,000
53,44823,212
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
125 Ordinary shares of £1 each125125
125125
8. RELATED PARTY TRANSACTIONS
During the year Halstone Finance Limited charged management charges amounting to £36,000 to Halstone Technology Limited. The balance owed to Halstone Finance Limited at 30 June 2023 was £46,000 (2022 - £10,000).