Total Phone Solutions Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 06718053

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,456		3,981

			3,456		3,981
CURRENT ASSETS
Stocks	5	-		15,000
Debtors	6	1,387		38,535
Cash at bank and in hand		3,351		40,930

		4,738		94,465
Creditors: Amounts Falling Due Within One Year	7	(103,372 )		(110,590 )

NET CURRENT ASSETS (LIABILITIES)			(98,634 )		(16,125 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(95,178 )		(12,144 )

Creditors: Amounts Falling Due After More Than One Year	8		(46,808 )		(79,089 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(688 )		(688 )

NET LIABILITIES			(142,674 )		(91,921 )

CAPITAL AND RESERVES
Called up share capital	9		200		200
Profit and Loss Account			(142,874 )		(92,121 )

SHAREHOLDERS' FUNDS			(142,674)		(91,921)

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Total Phone Solutions Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr David Taylor

Director

15/10/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Total Phone Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06718053 . The registered office is Unit 1 Uttoxeter Business Centre , Dovefields Retail Park , Uttoxeter, Staffordshire , ST14 8AZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	20% Reducing Balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was 11 (2023: 11)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2024	5,240	24,924	26,401	56,565

As at 31 December 2024	5,240	24,924	26,401	56,565

Depreciation
As at 1 January 2024	4,542	22,065	25,977	52,584
Provided during the period	174	266	85	525

As at 31 December 2024	4,716	22,331	26,062	53,109

...CONTINUED

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Total Phone Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	524	2,593	339	3,456

As at 1 January 2024	698	2,859	424	3,981

5. Stocks

	2024	2023
	£	£
Stock	-	15,000

6. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	-	38,535
VAT	1,387	-

	1,387	38,535

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	59,728	9,840
Other taxes and social security	4,486	11,583
VAT	-	37,515
Other creditors	5,277	17,931
Other creditors (1)	5,556	5,556
Other creditors (2)	26,725	26,725
Accruals and deferred income	1,600	1,440

	103,372	110,590

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other creditors	24,537	30,093
Other creditors (1)	22,271	48,996

	46,808	79,089

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	200	200

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