1 January 2023 false No description of principal activity Taxfiler 2024.5 08323190business:PrivateLimitedCompanyLtd2023-01-012024-01-02 083231902022-12-31 083231902023-01-012024-01-02 08323190business:AuditExempt-NoAccountantsReport2023-01-012024-01-02 08323190business:FilletedAccounts2023-01-012024-01-02 083231902024-01-02 08323190business:Director12023-01-012024-01-02 08323190business:RegisteredOffice2023-01-012024-01-02 083231902022-12-31 08323190core:WithinOneYear2024-01-02 08323190core:WithinOneYear2022-12-31 08323190core:AfterOneYear2024-01-02 08323190core:AfterOneYear2022-12-31 08323190core:ShareCapitalcore:PreviouslyStatedAmount2024-01-02 08323190core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 08323190core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-02 08323190core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 08323190core:PreviouslyStatedAmount2024-01-02 08323190core:PreviouslyStatedAmount2022-12-31 08323190business:SmallEntities2023-01-012024-01-02 08323190countries:EnglandWales2023-01-012024-01-02 08323190core:PlantMachinery2023-01-012024-01-02 08323190core:PlantMachinery2022-12-31 08323190core:PlantMachinery2024-01-02 083231902022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 08323190 (England and Wales)
Handscom Limited Unaudited accounts for the period from 1 January 2023 to 2 January 2024
Handscom Limited Unaudited accounts Contents
Page
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Handscom Limited Company Information for the period from 1 January 2023 to 2 January 2024
Director
Sutharsan Gopalan
Company Number
08323190 (England and Wales)
Registered Office
First Floor 2 Woodberry Grove North Finchley N12 0DR UK
Accountants
Osama Ayub 76 Aveling Close Purley UK Cr8 4dw
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Handscom Limited Statement of financial position as at 2 January 2024
2024 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
4,804 
Current assets
Debtors
328,332 
140,964 
Cash at bank and in hand
112,821 
251,014 
441,153 
391,978 
Creditors: amounts falling due within one year
(74,929)
(116,970)
Net current assets
366,224 
275,008 
Total assets less current liabilities
366,224 
279,812 
Creditors: amounts falling due after more than one year
(22,416)
57,731 
Net assets
343,808 
337,543 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
343,807 
337,542 
Shareholders' funds
343,808 
337,543 
For the period ending 2 January 2024 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 30 September 2024 and were signed on its behalf by
Sutharsan Gopalan Director Company Registration No. 08323190
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Handscom Limited Notes to the Accounts for the period from 1 January 2023 to 2 January 2024
1
Statutory information
Handscom Limited is a private company, limited by shares, registered in England and Wales, registration number 08323190. The registered office is First Floor , 2 Woodberry Grove, North Finchley, N12 0DR, UK.
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 period, 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.
Audit Exemption
For the financial year ended 31 December 2023, the company was entitled to exemption from audit under the Companies Act 2006, s. 477 relating to small companies, and the members have not required the company to obtain an audit of its financial statements for the year in question in accordance with s. 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
Presentation currency
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:
Plant & machinery
20%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
24,537 
At 2 January 2024
24,537 
Depreciation
At 1 January 2023
19,733 
Charge for the period
4,804 
At 2 January 2024
24,537 
Net book value
At 2 January 2024
- 
At 31 December 2022
4,804 
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Handscom Limited Notes to the Accounts for the period from 1 January 2023 to 2 January 2024
5
Debtors
2024 
2022 
£ 
£ 
Amounts falling due within one year
VAT
34,063 
27,126 
Trade debtors
8,630 
30,238 
Other debtors
6,152 
- 
48,845 
57,364 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
279,487 
83,600 
6
Creditors: amounts falling due within one year
2024 
2022 
£ 
£ 
VAT
- 
25,835 
Trade creditors
1,500 
21,158 
Taxes and social security
82,980 
60,777 
Other creditors
(9,551)
4,077 
Loans from directors
- 
5,123 
74,929 
116,970 
7
Creditors: amounts falling due after more than one year
2024 
2022 
£ 
£ 
Trade creditors
- 
33,156 
Amounts owed to group undertakings and other participating interests
- 
(90,887)
Other creditors
22,416 
- 
22,416 
(57,731)
8
Transactions with related parties
Included in the debtors are balances receivable from related companies as below: Chelvaa Homes (PVT) Ltd £125,000 Rehvot Ltd £83,600 Wabbey Estate Ltd £90,886
9
Average number of employees
During the period the average number of employees was 10 (2022: 20).
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