Registered number
09928430
Hart Phone Box Ltd
Filleted Accounts
31 December 2024
Hart Phone Box Ltd
Registered number: 09928430
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,047 1,164
Current assets
Stocks 14,921 16,046
Debtors 4 6,493 -
Cash at bank and in hand 5,510 4,437
26,924 20,483
Creditors: amounts falling due within one year 5 (5,310) (6,118)
Net current assets 21,614 14,365
Net assets 22,661 15,529
Capital and reserves
Called up share capital 200 200
Profit and loss account 22,461 15,329
Shareholders' funds 22,661 15,529
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mehran Michail Khan
Director
Approved by the board on 11 February 2025
Hart Phone Box Ltd
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts . Turnover includes revenue earned from the sale of goods . Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 10% RBM
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 3
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024 2,702
At 31 December 2024 2,702
Depreciation
At 1 January 2024 1,538
Charge for the year 117
At 31 December 2024 1,655
Net book value
At 31 December 2024 1,047
At 31 December 2023 1,164
4 Debtors 2024 2023
£ £
Other debtors 6,493 -
5 Creditors: amounts falling due within one year 2024 2023
£ £
Accruals 1,200 1,260
Director's account- Mehran Michail 294 294
Taxation and social security costs 1,781 1,848
Other creditors 2,035 2,716
5,310 6,118
6 Other information
Hart Phone Box Ltd is a private company limited by shares and incorporated in England. Its registered office is:
24a The Hart Centre
Fleet, England
GU51 3LA
Hart Phone Box Ltd 09928430 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts April 2024 Mehran Michail Khan No description of principal activity 09928430 2023-01-01 2023-12-31 09928430 core:WithinOneYear 2023-12-31 09928430 core:ShareCapital 2023-12-31 09928430 core:RetainedEarningsAccumulatedLosses 2023-12-31 09928430 2024-01-01 2024-12-31 09928430 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09928430 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 09928430 bus:Director40 2024-01-01 2024-12-31 09928430 1 2024-01-01 2024-12-31 09928430 2 2024-01-01 2024-12-31 09928430 core:PlantMachinery 2024-01-01 2024-12-31 09928430 countries:England 2024-01-01 2024-12-31 09928430 bus:FRS102 2024-01-01 2024-12-31 09928430 bus:FilletedAccounts 2024-01-01 2024-12-31 09928430 2024-12-31 09928430 core:WithinOneYear 2024-12-31 09928430 core:ShareCapital 2024-12-31 09928430 core:RetainedEarningsAccumulatedLosses 2024-12-31 09928430 core:PlantMachinery 2024-12-31 09928430 2023-12-31 09928430 core:PlantMachinery 2023-12-31 iso4217:GBP xbrli:pure