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REGISTERED NUMBER: 05588215 (England and Wales)















Financial Statements for the Year Ended 31 October 2023

for

Postilion Limited

Postilion Limited (Registered number: 05588215)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Postilion Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: M Awad





REGISTERED OFFICE: 100 High Ash Drive
Alwoodley
Leeds
West Yorkshire
LS17 8RE





REGISTERED NUMBER: 05588215 (England and Wales)





ACCOUNTANTS: Leon & Company
Chartered Accountants
100 High Ash Drive
Alwoodley
Leeds
West Yorkshire
LS17 8RE

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Postilion Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Postilion Limited for the year ended 31 October 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Postilion Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Postilion Limited and state those matters that we have agreed to state to the director of Postilion Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Postilion Limited and its director for our work or for this report.

It is your duty to ensure that Postilion Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Postilion Limited. You consider that Postilion Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Postilion Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Leon & Company
Chartered Accountants
100 High Ash Drive
Alwoodley
Leeds
West Yorkshire
LS17 8RE


Date: .............................................

Postilion Limited (Registered number: 05588215)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,777 23,702

CURRENT ASSETS
Debtors 5 1,200 -
Cash at bank and in hand 2,426 4,037
3,626 4,037
CREDITORS
Amounts falling due within one year 6 14,593 11,037
NET CURRENT LIABILITIES (10,967 ) (7,000 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,810

16,702

CREDITORS
Amounts falling due after more than one
year

7

(3,358

)

(10,638

)

PROVISIONS FOR LIABILITIES (3,378 ) (4,504 )
NET ASSETS 74 1,560

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 64 1,550
SHAREHOLDERS' FUNDS 74 1,560

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Postilion Limited (Registered number: 05588215)

Balance Sheet - continued
31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 August 2024 and were signed by:





M Awad - Director


Postilion Limited (Registered number: 05588215)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Postilion 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.

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 - 33% on reducing balance
Motor vehicles - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2022
and 31 October 2023 1,018 33,065 1,801 35,884
DEPRECIATION
At 1 November 2022 1,015 9,370 1,797 12,182
Charge for year - 5,924 1 5,925
At 31 October 2023 1,015 15,294 1,798 18,107
NET BOOK VALUE
At 31 October 2023 3 17,771 3 17,777
At 31 October 2022 3 23,695 4 23,702

Postilion Limited (Registered number: 05588215)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 1,200 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 2,000 2,000
Hire purchase contracts 4,990 4,519
Taxation and social security 2,653 2,481
Other creditors 4,950 2,037
14,593 11,037

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans 3,358 5,333
Hire purchase contracts - 5,305
3,358 10,638

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
10 Ordinary Shares £1 10 10

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other creditors an amount of £2,715 owed to the director (2022: £33). This loan is interest free and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party are the shareholders Mr M Awad and Mrs J Awad, due to them owning 50% each of the issued share capital.