Accounts filed on 30-06-2021


Registered number: 07216212






Halstone Technology Limited


ACCOUNTS

FOR THE YEAR ENDED 30/06/2021
























Prepared By:
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY


Halstone Technology Limited


ACCOUNTS
FOR THE YEAR ENDED 30/06/2021





DIRECTORS
Ian Hall
Samuel Hall


REGISTERED OFFICE
Unit 4 Brock Way
Newcastle
Staffordshire
ST5 6AZ


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07216212



BANKERS
NatWest



ACCOUNTANTS
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY


BALANCE SHEET AT 30/06/2021

			2021		2020
	Notes		£		£

FIXED ASSETS
Tangible assets	3		201		268

CURRENT ASSETS
Stock		5,562		10,505
Debtors	5	153		1,786
Cash at bank and in hand		224,597		170,125
		230,312		182,416
CREDITORS: Amounts falling due within one year	6	36,091		44,360
NET CURRENT ASSETS			194,221		138,056
TOTAL ASSETS LESS CURRENT LIABILITIES			194,422		138,324

CAPITAL AND RESERVES

Called up share capital	7		125		125
Profit and loss account			194,297		138,199
SHAREHOLDERS' FUNDS			194,422		138,324

For the year ending 30/06/2021 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 08/11/2021 and signed on their behalf by




Ian Hall
Director

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.

Equipment		reducing 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. Turnover
Turnover represents the value of goods and services supplied by the company, net of value added tax and trade discounts.




5. DEBTORS	2021	2020
	£	£
Amounts falling due within one year
Trade debtors	153	156
VAT	-	1,630
	153	1,786




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
	£	£
UK corporation tax	13,175	15,835
VAT	2,492	-
Directors current account	8	8
Trade creditors	9,666	17,767
Accruals	750	750
Amounts due to group companies	10,000	10,000
	36,091	44,360




7. SHARE CAPITAL	2021	2020
	£	£
Allotted, issued and fully paid:
125 Ordinary shares of £1 each	125	125
	125	125