07248376falsethe buying and selling of communications equipment2023-06-012024-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-05-31http://www.companieshouse.gov.uk/cd:Director12023-06-012024-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-06-012024-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-06-012024-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-05-31http://www.companieshouse.gov.uk/2023-06-012024-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:FRS1022023-06-012024-05-31http://www.companieshouse.gov.uk/2024-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-06-012024-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-06-012024-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07248376

Handset Solutions Limited

ACCOUNTS
FOR THE YEAR ENDED 31/05/2024


Handset Solutions Limited

ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
DIRECTORS
Philip Ventress
REGISTERED OFFICE
Commer House
Station Road
Tadcaster
North Yorkshire
LS24 9JF
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07248376

Handset Solutions Limited

ACCOUNTS
FOR THEYEARENDED31/05/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Handset Solutions Limited

BALANCE SHEET AT 31/05/2024
20242023
Notes££
FIXED ASSETS
Tangible assets34,9356,135
CURRENT ASSETS
Stock59,75665,538
Debtors536,0429,329
Cash at bank and in hand31,79728,202
127,595103,069
CREDITORS: Amounts falling due within one year662,22841,950
NET CURRENT ASSETS65,36761,119
TOTAL ASSETS LESS CURRENT LIABILITIES70,30267,254
CAPITAL AND RESERVES
Called up share capital73030
Profit and loss account70,27267,224
SHAREHOLDERS' FUNDS70,30267,254
For the year ending 31/05/2024 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 09/02/2025 and signed on their behalf by
.............................
Philip Ventress
Director

Handset Solutions Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
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 section 1A - 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.
Fixtures and Fittingsstraight line 25%
Equipmentstraight line 10%
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. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20242023
No.No.
Average number of employees33

Handset Solutions Limited

3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentTotal
£££
Cost
At 01/06/20236,11622,55028,666
At 31/05/20246,11622,55028,666
Depreciation
At 01/06/20235,58116,95022,531
For the year4008001,200
At 31/05/20245,98117,75023,731
Net Book Amounts
At 31/05/20241354,8004,935
At 31/05/20235355,6006,135
4. STOCK 20242023
££
Stock comprises:
Stock59,75665,538
59,75665,538
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors33,5526,839
Other debtors2,4902,490
36,0429,329

Handset Solutions Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax11,16610,995
VAT8,5206,344
PAYE control2,706410
Directors current account2323
Directors current account1010
Trade creditors31,04821,599
Other creditors7,4551,669
Pension schemes1,050600
Accruals250300
62,22841,950
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
30 Ordinary shares of £1 each3030
3030