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Company Registration No. 5550196 (England and Wales)
PS COURIERS (CORNWALL) LIMITED Unaudited accounts for the year ended 31 August 2024
PS COURIERS (CORNWALL) LIMITED Unaudited accounts Contents
Page
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PS COURIERS (CORNWALL) LIMITED Company Information for the year ended 31 August 2024
Director
PAUL STOCKLEY
Company Number
5550196 (England and Wales)
Registered Office
6 PARKWAY ST AUSTELL Cornwall PL25 4HJ
Accountants
SG ACCOUNTANCY 102 TREVERBYN ROAD CARCLAZE IND ESTATE ST AUSTELL CORNWALL PL25 4EW
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PS COURIERS (CORNWALL) LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
43,745 
43,286 
Current assets
Debtors
40,057 
28,160 
Cash at bank and in hand
38,523 
55,282 
78,580 
83,442 
Creditors: amounts falling due within one year
(35,813)
(29,666)
Net current assets
42,767 
53,776 
Total assets less current liabilities
86,512 
97,062 
Creditors: amounts falling due after more than one year
(16,299)
(16,514)
Net assets
70,213 
80,548 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
70,212 
80,547 
Shareholders' funds
70,213 
80,548 
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 May 2025 and were signed on its behalf by
PAUL STOCKLEY Director Company Registration No. 5550196
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PS COURIERS (CORNWALL) LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
PS COURIERS (CORNWALL) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5550196. The registered office is 6 PARKWAY, ST AUSTELL, Cornwall, PL25 4HJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Computer equipment
33% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
2,886 
124,530 
127,416 
Additions
- 
17,490 
17,490 
Disposals
- 
(49,439)
(49,439)
At 31 August 2024
2,886 
92,581 
95,467 
Depreciation
At 1 September 2023
2,221 
81,909 
84,130 
Charge for the year
114 
10,236 
10,350 
On disposals
- 
(42,758)
(42,758)
At 31 August 2024
2,335 
49,387 
51,722 
Net book value
At 31 August 2024
551 
43,194 
43,745 
At 31 August 2023
665 
42,621 
43,286 
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PS COURIERS (CORNWALL) LIMITED Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
40,057 
28,160 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
430 
955 
Taxes and social security
32,711 
19,520 
Other creditors
692 
1,079 
Loans from directors
2,229 
7,762 
Accruals
(249)
350 
35,813 
29,666 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
6,015 
Obligations under finance leases and hire purchase contracts
16,299 
10,499 
16,299 
16,514 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 9 (2023: 9).
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