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REGISTERED NUMBER: 07930469 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 December 2021

for

FP Mailing (HCS) Limited

FP Mailing (HCS) Limited (Registered number: 07930469)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


FP Mailing (HCS) Limited

Company Information
for the Year Ended 31 December 2021







DIRECTORS: J Furmage
C Tiernan





SECRETARY: C Tiernan





REGISTERED OFFICE: Berkshire House
39-51 High Street
Ascot
Berkshire
SL5 7HY





REGISTERED NUMBER: 07930469 (England and Wales)





ACCOUNTANTS: Jacksons Accountants (Ascot) Limited
The Old Bakehouse
Course Road
Ascot
Berkshire
SL5 7HL

FP Mailing (HCS) Limited (Registered number: 07930469)

Statement of Financial Position
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 16,083 4,760
Investments 6 4 4
16,087 4,764

CURRENT ASSETS
Stocks 2,803 2,154
Debtors 7 47,437 132,203
Cash at bank 407,809 352,904
458,049 487,261
CREDITORS
Amounts falling due within one year 8 174,204 285,490
NET CURRENT ASSETS 283,845 201,771
TOTAL ASSETS LESS CURRENT
LIABILITIES

299,932

206,535

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 299,632 206,235
SHAREHOLDERS' FUNDS 299,932 206,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FP Mailing (HCS) Limited (Registered number: 07930469)

Statement of Financial Position - continued
31 December 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2022 and were signed on its behalf by:





J Furmage - Director


FP Mailing (HCS) Limited (Registered number: 07930469)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

FP Mailing (HCS) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
The franchise fee is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Other assets - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

FP Mailing (HCS) Limited (Registered number: 07930469)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2020 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Franchise
fee
£   
COST
At 1 January 2021
and 31 December 2021 269,700
AMORTISATION
At 1 January 2021
and 31 December 2021 269,700
NET BOOK VALUE
At 31 December 2021 -
At 31 December 2020 -

5. TANGIBLE FIXED ASSETS
Fixtures
Office and Motor Other
equipment fittings vehicles assets Totals
£    £    £    £    £   
COST
At 1 January 2021 35,966 14,565 1,625 - 52,156
Additions - - - 15,000 15,000
At 31 December 2021 35,966 14,565 1,625 15,000 67,156
DEPRECIATION
At 1 January 2021 32,154 14,565 677 - 47,396
Charge for year 1,708 - 406 1,563 3,677
At 31 December 2021 33,862 14,565 1,083 1,563 51,073
NET BOOK VALUE
At 31 December 2021 2,104 - 542 13,437 16,083
At 31 December 2020 3,812 - 948 - 4,760

6. FIXED ASSET INVESTMENTS
Shares in
group Unlisted
undertakings investments Totals
£    £    £   
COST
At 1 January 2021
and 31 December 2021 3 1 4
NET BOOK VALUE
At 31 December 2021 3 1 4
At 31 December 2020 3 1 4

FP Mailing (HCS) Limited (Registered number: 07930469)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 26,709 38,811
Amounts owed by group undertakings - 84,695
Other debtors 6,678 6,691
Prepayments 14,050 2,006
47,437 132,203

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Other loans - 26,978
Trade creditors 27,740 30,784
Corporation tax 65,102 63,472
Social security and other taxes 46,540 75,541
Other creditors 26,555 30,724
Directors' current accounts - 41,600
Accrued expenses 8,267 16,391
174,204 285,490

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.21 31.12.20
£    £   
Within one year 34,408 34,408
Between one and five years 2,867 37,275
37,275 71,683