IRIS Accounts Production v23.4.0.336 06269269 Board of Directors Board of Directors 1.10.22 30.9.23 30.9.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh062692692022-09-30062692692023-09-30062692692022-10-012023-09-30062692692021-09-30062692692021-10-012022-09-30062692692022-09-3006269269ns15:EnglandWales2022-10-012023-09-3006269269ns14:PoundSterling2022-10-012023-09-3006269269ns10:Director12022-10-012023-09-3006269269ns10:Director22022-10-012023-09-3006269269ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3006269269ns10:SmallEntities2022-10-012023-09-3006269269ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3006269269ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3006269269ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3006269269ns10:FullAccounts2022-10-012023-09-300626926912022-10-012023-09-3006269269ns10:CompanySecretary12022-10-012023-09-3006269269ns10:RegisteredOffice2022-10-012023-09-3006269269ns5:CurrentFinancialInstruments2023-09-3006269269ns5:CurrentFinancialInstruments2022-09-3006269269ns5:ShareCapital2023-09-3006269269ns5:ShareCapital2022-09-3006269269ns5:RetainedEarningsAccumulatedLosses2023-09-3006269269ns5:RetainedEarningsAccumulatedLosses2022-09-3006269269ns5:NetGoodwill2022-10-012023-09-3006269269ns5:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3006269269ns5:FurnitureFittings2022-10-012023-09-3006269269ns5:ComputerEquipment2022-10-012023-09-3006269269ns5:NetGoodwill2022-09-3006269269ns5:NetGoodwill2023-09-3006269269ns5:NetGoodwill2022-09-3006269269ns5:FurnitureFittings2022-09-3006269269ns5:ComputerEquipment2022-09-3006269269ns5:FurnitureFittings2023-09-3006269269ns5:ComputerEquipment2023-09-3006269269ns5:FurnitureFittings2022-09-3006269269ns5:ComputerEquipment2022-09-3006269269ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3006269269ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3006269269ns5:DeferredTaxation2022-09-3006269269ns5:DeferredTaxation2022-10-012023-09-3006269269ns5:DeferredTaxation2023-09-30
REGISTERED NUMBER: 06269269 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

PST BEXHILL LIMITED

PST BEXHILL LIMITED (REGISTERED NUMBER: 06269269)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PST BEXHILL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: S D Simmons
Mrs D L Simmons





SECRETARY: Mrs D L Simmons





REGISTERED OFFICE: 29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU





REGISTERED NUMBER: 06269269 (England and Wales)





ACCOUNTANTS: Advanta
Chartered Accountants
29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU

PST BEXHILL LIMITED (REGISTERED NUMBER: 06269269)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,684 2,100
2,684 2,100

CURRENT ASSETS
Debtors 6 89,257 18,805
Cash at bank and in hand 38,499 78,763
127,756 97,568
CREDITORS
Amounts falling due within one year 7 87,676 98,908
NET CURRENT ASSETS/(LIABILITIES) 40,080 (1,340 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,764

760

PROVISIONS FOR LIABILITIES 8 499 -
NET ASSETS 42,265 760

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 42,263 758
SHAREHOLDERS' FUNDS 42,265 760

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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.

PST BEXHILL LIMITED (REGISTERED NUMBER: 06269269)

BALANCE SHEET - continued
30 SEPTEMBER 2023


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 March 2024 and were signed on its behalf by:




S D Simmons - Director



Mrs D L Simmons - Director


PST BEXHILL LIMITED (REGISTERED NUMBER: 06269269)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

PST Bexhill 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 represents commission receivable from the travel operator. It is recognised fourteen weeks before customer travel, when the customer is due to pay the travel operator.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Furniture,fittings & equipment - 25% on reducing balance
Computer equipment - Straight line over 3 years

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 4 ) .

PST BEXHILL LIMITED (REGISTERED NUMBER: 06269269)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 14,500
AMORTISATION
At 1 October 2022
and 30 September 2023 14,500
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 -

5. TANGIBLE FIXED ASSETS
Furniture,fittings Computer
& equipment equipment Totals
£    £    £   
COST
At 1 October 2022 10,932 1,587 12,519
Additions - 1,748 1,748
At 30 September 2023 10,932 3,335 14,267
DEPRECIATION
At 1 October 2022 9,057 1,362 10,419
Charge for year 469 695 1,164
At 30 September 2023 9,526 2,057 11,583
NET BOOK VALUE
At 30 September 2023 1,406 1,278 2,684
At 30 September 2022 1,875 225 2,100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 84,407 11,792
Deferred tax asset - 2,159
Prepayments 4,850 4,854
89,257 18,805

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 16 345
Tax 7,064 14
VAT 16,651 4,507
Other creditors 188 109
Directors' current accounts 62,681 92,787
Accrued expenses 1,076 1,146
87,676 98,908

PST BEXHILL LIMITED (REGISTERED NUMBER: 06269269)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


8. PROVISIONS FOR LIABILITIES
2023
£   
Deferred tax
Deferred tax 499

Deferred
tax
£   
Balance at 1 October 2022 (2,159 )
Provided during year 2,658
Balance at 30 September 2023 499