Accounts filed on 30-06-2018


Registered number: 07216212






Halstone Technology Limited


ACCOUNTS

FOR THE YEAR ENDED 30/06/2018
























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


Halstone Technology Limited


ACCOUNTS
FOR THE YEAR ENDED 30/06/2018





DIRECTORS
Ian 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
Chartered Certified Accountants
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke-on-Trent
Staffordshire
ST6 1DY


BALANCE SHEET AT 30/06/2018

			2018		2017
	Notes		£		£

FIXED ASSETS
Tangible assets	2		476		634

CURRENT ASSETS
Stock		21,203		17,704
Debtors	4	2,680		5,163
Cash at bank and in hand		68,810		15,036
		92,693		37,903
CREDITORS: Amounts falling due within one year	5	60,217		27,084
NET CURRENT ASSETS			32,476		10,819
TOTAL ASSETS LESS CURRENT LIABILITIES			32,952		11,453

CAPITAL AND RESERVES

Called up share capital	6		100		100
Profit and loss account			32,852		11,353
SHAREHOLDERS' FUNDS			32,952		11,453

For the year ending 30/06/2018 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 08/11/2018 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.




4. DEBTORS	2018	2017
	£	£
Amounts falling due within one year
Trade debtors	2,680	4,845
VAT	-	318
	2,680	5,163




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2018	2017
	£	£
UK corporation tax	5,080	809
VAT	1,421	-
Directors current account	33	33
Trade creditors	43,083	15,642
Accruals	600	600
Amounts due to group companies	10,000	10,000
	60,217	27,084




6. SHARE CAPITAL	2018	2017
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100