IRIS Accounts Production v24.1.9.2 08219314 director 1.10.22 30.9.23 30.9.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh082193142022-09-30082193142023-09-30082193142022-10-012023-09-30082193142021-09-30082193142021-10-012022-09-30082193142022-09-3008219314ns15:EnglandWales2022-10-012023-09-3008219314ns14:PoundSterling2022-10-012023-09-3008219314ns10:Director12022-10-012023-09-3008219314ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3008219314ns10:SmallEntities2022-10-012023-09-3008219314ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3008219314ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3008219314ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3008219314ns10:FullAccounts2022-10-012023-09-3008219314ns10:OrdinaryShareClass12022-10-012023-09-3008219314ns10:RegisteredOffice2022-10-012023-09-3008219314ns5:CurrentFinancialInstruments2023-09-3008219314ns5:CurrentFinancialInstruments2022-09-3008219314ns5:ShareCapital2023-09-3008219314ns5:ShareCapital2022-09-3008219314ns5:RetainedEarningsAccumulatedLosses2023-09-3008219314ns5:RetainedEarningsAccumulatedLosses2022-09-3008219314ns5:FurnitureFittings2022-10-012023-09-3008219314ns5:ComputerEquipment2022-10-012023-09-3008219314ns5:FurnitureFittings2022-09-3008219314ns5:ComputerEquipment2022-09-3008219314ns5:FurnitureFittings2023-09-3008219314ns5:ComputerEquipment2023-09-3008219314ns5:FurnitureFittings2022-09-3008219314ns5:ComputerEquipment2022-09-3008219314ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3008219314ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3008219314ns5:DeferredTaxation2022-10-012023-09-3008219314ns5:DeferredTaxation2023-09-3008219314ns10:OrdinaryShareClass12023-09-30082193141ns10:Director12022-09-30082193141ns10:Director12021-09-30082193141ns10:Director12022-10-012023-09-30082193141ns10:Director12021-10-012022-09-30082193141ns10:Director12023-09-30082193141ns10:Director12022-09-30
REGISTERED NUMBER: 08219314 (England and Wales)




























Unaudited Financial Statements

for the Year Ended 30 September 2023

for

POS Services NW Limited

POS Services NW Limited (Registered number: 08219314)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


POS Services NW Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: P O'Sullivan





REGISTERED OFFICE: Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY





REGISTERED NUMBER: 08219314 (England and Wales)





ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY

POS Services NW Limited (Registered number: 08219314)

Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,640 -

CURRENT ASSETS
Debtors 5 167,288 26,279
Cash at bank 185,643 355,466
352,931 381,745
CREDITORS
Amounts falling due within one year 6 45,778 25,384
NET CURRENT ASSETS 307,153 356,361
TOTAL ASSETS LESS CURRENT
LIABILITIES

311,793

356,361

PROVISIONS FOR LIABILITIES 7 1,450 -
NET ASSETS 310,343 356,361

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 310,243 356,261
SHAREHOLDERS' FUNDS 310,343 356,361

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 director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 July 2024 and were signed by:



P O'Sullivan - Director


POS Services NW Limited (Registered number: 08219314)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

POS Services NW 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 the total invoice value, excluding value added tax but adjusted for the flat rate vat scheme, of sales made during the period and derives from the provision of services falling within the company's ordinary activities.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

POS Services NW Limited (Registered number: 08219314)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2022 - 1,050 1,050
Additions 5,800 - 5,800
At 30 September 2023 5,800 1,050 6,850
DEPRECIATION
At 1 October 2022 - 1,050 1,050
Charge for year 1,160 - 1,160
At 30 September 2023 1,160 1,050 2,210
NET BOOK VALUE
At 30 September 2023 4,640 - 4,640
At 30 September 2022 - - -

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 12,620 12,080
Other debtors 32,567 -
Loan 4,199 7,000
Directors' current accounts 117,902 -
167,288 19,080

Amounts falling due after more than one year:
Loan - 7,199

Aggregate amounts 167,288 26,279

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax 38,978 17,032
Social security and other taxes 148 -
VAT 5,402 5,687
Directors' current accounts - 1,471
Accrued expenses 1,250 1,194
45,778 25,384

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 1,450 -

POS Services NW Limited (Registered number: 08219314)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Provided during year 1,450
Balance at 30 September 2023 1,450

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. ADVANCES TO DIRECTOR

The following advances to a director subsisted during the years ended 30 September 2023 and 30 September 2022:

2023 2022
£    £   
P O'Sullivan
Balance outstanding at start of year - -
Amounts advanced 117,902 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 117,902 -