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
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
Handscom Limited
Statement of financial position
as at 2 January 2024
Cash at bank and in hand
112,821
251,014
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
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
Handscom Limited
Notes to the Accounts
for the period from 1 January 2023 to 2 January 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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.
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:
4
Tangible fixed assets
Plant & machinery
Charge for the period
4,804
Handscom Limited
Notes to the Accounts
for the period from 1 January 2023 to 2 January 2024
Amounts falling due within one year
Trade debtors
8,630
30,238
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
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
7
Creditors: amounts falling due after more than one year
2024
2022
Amounts owed to group undertakings and other participating interests
-
(90,887)
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).