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
PS COURIERS (CORNWALL) LIMITED
Company Information
for the year ended 31 August 2024
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
PS COURIERS (CORNWALL) LIMITED
Statement of financial position
as at 31 August 2024
Tangible assets
43,745
43,286
Cash at bank and in hand
38,523
55,282
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)
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
PS COURIERS (CORNWALL) LIMITED
Notes to the Accounts
for the year ended 31 August 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
Disposals
-
(49,439)
(49,439)
At 31 August 2024
2,886
92,581
95,467
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
At 31 August 2024
551
43,194
43,745
At 31 August 2023
665
42,621
43,286
PS COURIERS (CORNWALL) LIMITED
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
40,057
28,160
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
32,711
19,520
Loans from directors
2,229
7,762
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
16,299
10,499
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).