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Company Registration No. 11514437 (England and Wales)
PHONE SOURCE LIMITED Unaudited accounts for the year ended 31 August 2022
PHONE SOURCE LIMITED Unaudited accounts Contents
Page
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PHONE SOURCE LIMITED Company Information for the year ended 31 August 2022
Director
Samra Ahmed Mustafa
Company Number
11514437 (England and Wales)
Registered Office
30 DRUMMOND ROAD PORTSMOUTH PO1 4HP ENGLAND
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PHONE SOURCE LIMITED Statement of financial position as at 31 August 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Inventories
1,304 
1,205 
Cash at bank and in hand
1,344 
2,001 
2,648 
3,206 
Creditors: amounts falling due within one year
(2,243)
(4,327)
Net current assets/(liabilities)
405 
(1,121)
Net assets/(liabilities)
405 
(1,121)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
404 
(1,122)
Shareholders' funds
405 
(1,121)
For the year ending 31 August 2022 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 8 April 2024 and were signed on its behalf by
Samra Ahmed Mustafa Director Company Registration No. 11514437
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PHONE SOURCE LIMITED Notes to the Accounts for the year ended 31 August 2022
1
Statutory information
PHONE SOURCE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11514437. The registered office is 30 DRUMMOND ROAD, PORTSMOUTH, PO1 4HP, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
671 
313 
Other creditors
- 
675 
Loans from directors
762 
2,889 
Accruals
810 
450 
2,243 
4,327 
5
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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