02621718falsewholesale and retail of mobile telephones, corporate contract maintenance and servicing2024-07-012025-06-30http://www.companieshouse.gov.uk/2024-06-30http://www.companieshouse.gov.uk/cd:CompanySecretary12024-07-012025-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-06-30http://www.companieshouse.gov.uk/cd:Director12024-07-012025-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2025-06-30http://www.companieshouse.gov.uk/cd:Director22024-07-012025-06-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-06-30http://www.companieshouse.gov.uk/cd:Director32024-07-012025-06-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-07-012025-06-30http://www.companieshouse.gov.uk/pt:MotorCars2024-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-07-012025-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-07-012025-06-30http://www.companieshouse.gov.uk/pt:MotorCars2025-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-07-012025-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-06-30http://www.companieshouse.gov.uk/2024-07-012025-06-30http://www.companieshouse.gov.uk/2024-06-30http://www.companieshouse.gov.uk/cd:FRS1022024-07-012025-06-30http://www.companieshouse.gov.uk/2025-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2024-07-012025-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-07-012025-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02621718
Halstone Finance Limited
ACCOUNTS
FOR THE YEAR ENDED 30/06/2025
Prepared By:
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY
Halstone Finance Limited
ACCOUNTS
FOR THE YEAR ENDED 30/06/2025
DIRECTORS
Ian Hall
Christine Hall
Samuel Hall
SECRETARY
Christine Hall
REGISTERED OFFICE
Unit 4, Brock Way
Knutton
Newcastle-under-Lyme
Staffordshire
ST5 6AZ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02621718
BANKERS
National Westminster Bank plc
SOLICITORS
Lichfield Reynolds
ACCOUNTANTS
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY
Halstone Finance Limited
ACCOUNTS
FOR THEYEARENDED30/06/2025
CONTENTS
Page
Balance Sheet3
Notes To The Accounts4
Halstone Finance Limited
BALANCE SHEET AT 30/06/2025
20252024
Notes££
FIXED ASSETS
Tangible assets368,59386,001
CURRENT ASSETS
Stock163,71530,862
Debtors5565,530325,762
Cash at bank and in hand304,601100,213
1,033,846456,837
CREDITORS: Amounts falling due within one year6703,573238,408
NET CURRENT ASSETS330,273218,429
TOTAL ASSETS LESS CURRENT LIABILITIES398,866304,430
NET ASSETS398,866304,430
CAPITAL AND RESERVES
Called up share capital79,7029,702
Profit and loss account389,164294,728
SHAREHOLDERS' FUNDS398,866304,430
For the year ending 30/06/2025 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 15/10/2025 and signed on their behalf by
Ian Hall
Director
Halstone Finance Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2025
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 - 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 3 - 5 years%
Motor Carsreducing balance 25%
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.
1e. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
1f. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.
Halstone Finance Limited
1g. Leasing Commitments
Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the term of the lease.
Incentives received to enter into a lease agreement are recognised in the profit and loss account over the shorter of the lease term and the period to the next lease review.
2. EMPLOYEES
20252024
No.No.
Average number of employees1111
3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsMotor CarsTotal
£££
Cost
At 01/07/2024140,894100,409241,303
Additions3,841-3,841
At 30/06/2025144,735100,409245,144
Depreciation
At 01/07/2024136,81618,486155,302
For the year76820,48121,249
At 30/06/2025137,58438,967176,551
Net Book Amounts
At 30/06/20257,15161,44268,593
At 30/06/20244,07881,92386,001
4. STOCK 20252024
££
Stock comprises:
Stock163,71530,862
163,71530,862
Halstone Finance Limited
5. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors505,155218,550
PAYE control-1,269
Other debtors-1,496
Amounts due from group companies20,00070,000
Prepayments27,99726,851
Deferred taxation12,3787,596
565,530325,762
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax33,063-
VAT72,27712,921
PAYE control3,909-
Directors current account32343
Trade creditors521,457198,511
Pension schemes1,098-
Accruals21,44626,933
Amounts due to group companies50,000-
703,573238,408
7. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
9,324 Ordinary shares of £1 each9,3249,324
378 Class B shares of £1 each378378
9,7029,702
8. RELATED PARTY TRANSACTIONS
During the year Halstone (UK) Holdings Limited charged rent amounting to £22,500 and a management charge of £9,000 to Halstone Finance Limited and also provided a loan of £50,000. At 30 June 2025 this company owed £50,000 to Halstone (UK) Holdings Limited (2024 - £nil).
During the year Halstone Technology Limited repaid £50,000 of the loan it had previously received. The balance owed by Halstone Technology Limited at 30 June 2025 was £20,000 (2024 - £70,000).