REGISTERED NUMBER: 06880624

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

POSTFIELD SYSTEMS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

P L H Clayton

Secretary:

C Helden

Registered office:

3rd Floor

86-90 Paul Street

London

EC2A 4NE

Registered number:

06880624

Accountants:

Cooper Parry Advisory Limited

Northside House

69 Tweedy Road

Bromley

Kent

BR1 3WA

Fixed assets

Tangible assets

4

2,122

2,829

2,122

2,829

Current assets

Debtors

5

24,508

24,508

Cash at bank

50,337

41,920

74,845

66,428

Creditors

Amounts falling due within one year

6

47,323

49,364

Net current assets

27,522

17,064

Total assets less current liabilities

29,644

19,893

Creditors

Amounts falling due after more than one year

7

6,088

12,467

Net assets

23,556

7,426

Capital and reserves

Called up share capital

8

100

100

Retained earnings

9

23,456

7,326

Shareholders' funds

23,556

7,426

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

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

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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 September 2025 and were signed by:

P L H Clayton - Director

1.	Statutory information

Postfield Systems Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Accounting policies

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis given the support by the company's shareholders and related parties.

Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

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.

Motor vehicles

-

25% on reducing balance

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

3.	Employees and directors

The average number of employees during the year was 4 (2023 - 4 ) .

4.	Tangible fixed assets

Motor

Computer

vehicles

equipment

Totals

£

£

£

Cost

At 1 January 2024

and 31 December 2024

4,345

7,835

12,180

Depreciation

At 1 January 2024

3,572

5,779

9,351

Charge for year

193

514

707

At 31 December 2024

3,765

6,293

10,058

Net book value

At 31 December 2024

580

1,542

2,122

At 31 December 2023

773

2,056

2,829

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

9,408

9,408

Other debtors

100

100

Prepayments and accrued income

15,000

15,000

24,508

24,508

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Bank loans and overdrafts

6,800

6,800

Trade creditors

549

272

VAT

14,705

15,865

Other creditors

22,244

23,402

Accruals and deferred income

3,025

3,025

47,323

49,364

7.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Bank loans - 2-5 years

6,088

12,467

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

95

Ordinary A

£1

95

95

5

Ordinary B

£1

5

5

100

100

9.

Reserves

Retained

earnings

£

At 1 January 2024

7,326

Profit for the year

16,130

At 31 December 2024

23,456

10.	Related party disclosures

There is a net amount due to Elippse Group Ltd of £21,984 (2023 £21,984) a company in which Philip Clayton is a shareholder.

11.	Ultimate controlling party

The controlling party is P L H Clayton.