0 false false false false false false false false false true false false false false false false No description of principal activity 2022-06-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 09939713 2022-06-01 2023-05-31 09939713 2023-05-31 09939713 2022-05-31 09939713 bus:LeadAgentIfApplicable 2022-06-01 2023-05-31 09939713 bus:Director1 2022-06-01 2023-05-31 09939713 core:WithinOneYear 2023-05-31 09939713 core:ShareCapital 2023-05-31 09939713 core:ShareCapital 2022-05-31 09939713 core:RetainedEarningsAccumulatedLosses 2023-05-31 09939713 core:RetainedEarningsAccumulatedLosses 2022-05-31 09939713 core:Non-currentFinancialInstruments 2023-05-31 09939713 core:Non-currentFinancialInstruments 2022-05-31 09939713 bus:Director1 2023-05-31 09939713 bus:Director1 2021-05-31 09939713 bus:Director1 2021-06-01 2022-05-31 09939713 bus:SmallEntities 2022-06-01 2023-05-31 09939713 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 09939713 bus:AbridgedAccounts 2022-06-01 2023-05-31 09939713 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 09939713 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31
COMPANY REGISTRATION NUMBER: 09939713
Postcomm Ltd
Filleted Unaudited Abridged Financial Statements
31 May 2023
Postcomm Ltd
Abridged Financial Statements
Year ended 31 May 2023
Contents
Page
Report to the director on the preparation of the unaudited statutory abridged financial statements
1
Abridged statement of financial position
2
Notes to the abridged financial statements
3
Postcomm Ltd
Report to the Director on the Preparation of the Unaudited Statutory Abridged Financial Statements of Postcomm Ltd
Year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of Postcomm Ltd for the year ended 31 May 2023, which comprise the abridged statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
JAY & JAY PARTNERSHIP LIMITED Chartered Certified Accountants
2 Chesterfield Buildings Westbourne Place Clifton Bristol BS8 1RU
22 August 2023
Postcomm Ltd
Abridged Statement of Financial Position
31 May 2023
2023
2022
Note
£
£
Fixed assets
Investments
4
150,000
150,000
Current assets
Debtors
518,032
415,032
Creditors: amounts falling due within one year
67,000
---------
---------
Net current assets
451,032
415,032
---------
---------
Total assets less current liabilities
601,032
565,032
---------
---------
Capital and reserves
Called up share capital
2
2
Profit and loss account
601,030
565,030
---------
---------
Shareholder funds
601,032
565,032
---------
---------
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006.
These abridged financial statements were approved by the board of directors and authorised for issue on 8 August 2023 , and are signed on behalf of the board by:
Mr T. Norman
Director
Company registration number: 09939713
Postcomm Ltd
Notes to the Abridged Financial Statements
Year ended 31 May 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Chesterfield Buildings, Westbourne Place, Clifton, Bristol, BS8 1RU, United Kingdom.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated abridged financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Investments
£
Impairment
At 1 June 2022
----
At 31 May 2023
----
Carrying amount
At 31 May 2023
150,000
---------
At 31 May 2022
150,000
---------
5. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr T. Norman
( 67,000)
( 67,000)
----
--------
----
--------
2022
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr T. Norman
( 77,000)
77,000
--------
----
--------
----