Phonebox Smart Gadgets Ltd - Filleted accounts

Registered number

09944315

Phonebox Smart Gadgets Ltd

Filleted Accounts

31 January 2026

Phonebox Smart Gadgets Ltd
Registered number:		09944315
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Current assets
Debtors	4	130,660			111,657
Cash at bank and in hand		7,297			7,028
		137,957			118,685

Creditors: amounts falling due within one year	5	(90,355)			(79,395)

Net current assets			47,602			39,290

Total assets less current liabilities			47,602			39,290

Creditors: amounts falling due after more than one year	6		-			(1,254)



Net assets			47,602			38,036

Capital and reserves
Called up share capital			100			100
Profit and loss account			47,502			37,936

Shareholders' funds			47,602			38,036

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.




Mr Javed Iqbal
Director
Approved by the board on 29 September 2026

Phonebox Smart Gadgets Ltd
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	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	2026		2025
Number			Number

	Average number of persons employed by the company	0		0


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	At 1 February 2025			3,146
	At 31 January 2026			3,146

	Depreciation
	At 1 February 2025			3,146
	At 31 January 2026			3,146

	Net book value
	At 31 January 2026			-


4	Debtors	2026		2025
£			£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest	122,819		103,816
	Other debtors	7,841		7,841
		130,660		111,657


5	Creditors: amounts falling due within one year	2026		2025
£			£

	Bank loans and overdrafts	1,457		6,216
	Director's account	35,056		35,748
	Trade creditors	43,905		33,874
	Taxation and social security costs	1,528		956
	Other creditors	8,409		2,601
		90,355		79,395


6	Creditors: amounts falling due after one year	2026		2025
£			£

	Bank loans	-		1,254


7	Other information

	Phonebox Smart Gadgets Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Kiosk 17 Britannia Shopping Centre
	Hinckley
	England
	LE10 1RU