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REGISTERED NUMBER: 07807519 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

POST19 LIMITED

POST19 LIMITED (REGISTERED NUMBER: 07807519)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


POST19 LIMITED

COMPANY INFORMATION
for the Year Ended 31 August 2024







DIRECTOR: R M Power





REGISTERED OFFICE: The Clock House
Western Court
Bishop's Sutton
Hampshire
SO24 0AA





REGISTERED NUMBER: 07807519 (England and Wales)





ACCOUNTANTS: Fox & Co (Accountants) Ltd
The Clock House
Western Court
Bishop's Sutton.
Alresford
Hampshire
SO24 0AA

POST19 LIMITED (REGISTERED NUMBER: 07807519)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 3,768
Tangible assets 5 26,148 18,636
26,148 22,404

CURRENT ASSETS
Debtors 6 772,554 681,734
Cash at bank and in hand 150,083 197,853
922,637 879,587
CREDITORS
Amounts falling due within one year 7 290,901 187,890
NET CURRENT ASSETS 631,736 691,697
TOTAL ASSETS LESS CURRENT
LIABILITIES

657,884

714,101

CREDITORS
Amounts falling due after more than one
year

8

13,949

23,806
NET ASSETS 643,935 690,295

CAPITAL AND RESERVES
Called up share capital 105 105
Retained earnings 643,830 690,190
SHAREHOLDERS' FUNDS 643,935 690,295

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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.

POST19 LIMITED (REGISTERED NUMBER: 07807519)

BALANCE SHEET - continued
31 August 2024


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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 February 2025 and were signed by:





R M Power - Director


POST19 LIMITED (REGISTERED NUMBER: 07807519)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Post19 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 in respect of the services provided by the company.

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.

Development costs are being amortised evenly over their 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.
Plant and machinery etc - 25% on reducing balance

Fixed assets are stated at their cost prices, less accumulated depreciation and amounts recognised in respect of impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

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.

POST19 LIMITED (REGISTERED NUMBER: 07807519)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued

Trading losses
In accordance with FRS 102 Section 1A, the company accounts for surrendered tax losses to its group companies by recognising compensation received as other income at the time the compensation is agreed and legally enforceable. No income is recognised where no compensation is received. The impact of any loss surrender on the company's tax charge is recognised in the period in which the surrender affects the actual tax liability or creates a change in deferred tax assets or liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 77 ).

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2023
and 31 August 2024 29,195
AMORTISATION
At 1 September 2023 25,427
Charge for year 3,768
At 31 August 2024 29,195
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 3,768

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 35,957
Additions 16,228
Disposals (4,160 )
At 31 August 2024 48,025
DEPRECIATION
At 1 September 2023 17,321
Charge for year 8,716
Eliminated on disposal (4,160 )
At 31 August 2024 21,877
NET BOOK VALUE
At 31 August 2024 26,148
At 31 August 2023 18,636

POST19 LIMITED (REGISTERED NUMBER: 07807519)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 185,000 185,000
Other debtors 587,554 496,734
772,554 681,734

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 4,792 -
Taxation and social security 138,937 85,377
Other creditors 137,172 92,513
290,901 187,890

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 13,949 23,806

9. LEASES

Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future charges, are included in creditors.

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

10. CONTROLLING PARTY

The controlling party is GTM Power Holdings Limited.

Post 19 Limited's principal place of business address is:
4B Romans Industrial Park
East Street
Farnham
GU9 7TH
United Kingdom.

Post 19 Limited's registered office is:
The Clock House
Western Court
Bishop's Sutton
Alresford
SO24 0AA
United Kingdom.