Iphone 5 stuck at activation screen?

I recently found an iphone 5 at a party, the phone is stuck at the activation screen though, i'm not sure what ios it is on but i think its the latest ios 7.1 is there any way around this?
UK EE provider

You should hand the phone in to the person who hosted the party or to the police. It counts that you've stolen the phone since it's now in your possession. If the person who lost the phone reports it to the police, which they have to do in order to get another one if it's insured, then the IMEI number on the phone will be listed on the police database of stolen phones.

Hard reset, find the owner and return.

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