The Phone Box (Shropshire) Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: 10817625

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Stocks	5	2,000		2,000
Debtors	6	348		1,227
Cash at bank and in hand		-		737

		2,348		3,964
Creditors: Amounts Falling Due Within One Year	7	(10,022 )		(6,131 )

NET CURRENT ASSETS (LIABILITIES)			(7,674 )		(2,167 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(7,674 )		(2,167 )

Creditors: Amounts Falling Due After More Than One Year	8		(31,813 )		(18,040 )

NET LIABILITIES			(39,487 )		(20,207 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Income Statement			(39,587 )		(20,307 )

SHAREHOLDERS' FUNDS			(39,487)		(20,207)

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The Phone Box (Shropshire) Limited

Statement of Financial Position (continued)

As At 30 June 2025

For the year ending 30 June 2025 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 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 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 Income Statement.

On behalf of the board

Mr Andrew Durkan

Director

27th August 2025

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

1. General Information

The Phone Box (Shropshire) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10817625 . The registered office is 7 Bellstone, Shrewsbury, Shropshire, SY1 1HX.

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. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. 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.

2.4. 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:

Fixtures & Fittings

25% SLM

2.5. 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: 4 (2024: 4)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 July 2024	1,859

As at 30 June 2025	1,859

Depreciation
As at 1 July 2024	1,859

As at 30 June 2025	1,859

Net Book Value
As at 30 June 2025	-

As at 1 July 2024	-

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The Phone Box (Shropshire) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

5. Stocks

	2025	2024
	£	£
Stock	2,000	2,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	348	323
Prepayments and accrued income	-	868
Other taxes and social security	-	3
Net wages	-	33

	348	1,227

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	6,481	3,002
Other taxes and social security	226	-
VAT	2,547	2,857
Net wages	240	-
Accruals	393	123
Pension	135	149

	10,022	6,131

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

	2025	2024
	£	£
Bounce Back Loan	1,949	4,996
Deferred tax bfwd Corporation tax (Long term liabilities - creditors > 1 year)	57	57
Directors loan account	29,807	12,987

	31,813	18,040

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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