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POSTGUILD LIMITED
Unaudited Financial Statements
for the year ended 31 March 2026
Company registration number 02235997
(England and Wales)

Company Information

For the year ended 31 March 2026
Directors Varley, Irene Joyce
Varley, Christopher John

Company secretary Varley, Irene Joyce

Registered office 8 Bay Horse Court
Skipton
BD23 1JS

Registered number 02235997

Accountant H & M Ltd
The Four Columns
Broughton Hall Business Park
Skipton
Skipton
North Yorkshire
BD23 3AE

Statement of Financial Position

As at 31 March 2026
Notes
2026
2025
£
£
£
£
Fixed assets
Tangible assets
4
1,095,591
930,306
1,095,591
930,306
Current assets
Debtors
5
1,956
199,644
Cash at bank and in hand
84,367
20,511
86,323
220,155
Creditors
Amounts falling due within one year
6
(34,155)
(19,144)
(34,155)
(19,144)
Net current assets (liabilities)
52,168
201,011
Total assets less current liabilities
1,147,759
1,131,317
Provisions for liabilities
(54,783)
(71,269)
Net assets (liabilities)
1,092,976
1,060,048
Capital and reserves
Called up share capital
48
48
Revaluation reserve
365,377
405,606
Profit and loss account
727,551
654,394
Total equity
1,092,976
1,060,048

The company is a private company limited by shares and registered in England and Wales. It 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company's profit and loss account under section 444 (5A) of the Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 27 April 2026 and are signed on its behalf by:

Varley, Irene Joyce
Varley, Irene Joyce
Director

Company registration number 02235997

Notes to the Financial Statements

For the year ended 31 March 2026

1. Statutory information

The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The financial statements are presented in sterling and this is the functional currency of the company.

2. Accounting policies

2.1. Basis of preparation

The financial statements have been prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

The financial statements have been prepared under the historical cost convention in accordance with the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.


Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.


Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Deferred tax

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

 

Tax deferred or accelerated is accounted for in respect of all material timing differences, in particular accelerated capital allowances and revaluation gains on investment properties. All deferred tax is charged/(credited) to the Income Statement.

2.4. Tangible fixed assets and depreciation

Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.

 

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

 

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

 

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Rate
Method
%
Fixtures and fittings
15
Reducing balance

2.5. Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

2.6. Financial Instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

 

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

 

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

 

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Income Statement.

3. Employees

The average number of employees during the year was 2 (2025: 2).

4. Tangible fixed assets

Land and buildings
Fixtures and fittings
Total
£
£
£
Cost
At 1 April 2025
930,000
47,329
977,329
Additions
225,000
349
225,349
Disposals
(60,000)
-
(60,000)
At 31 March 2026
1,095,000
47,678
1,142,678
Depreciation and impairment
At 1 April 2025
-
47,023
47,023
Charge for the period
-
64
64
At 31 March 2026
-
47,087
47,087
Net book value
At 31 March 2026
1,095,000
591
1,095,591
At 31 March 2025
930,000
306
930,306

5. Debtors

2026
2025
£
£
Other debtors
-
4,536
Prepayments and accrued income
1,956
2,162
Total due within one year
1,956
6,698
Amounts owed by associates, joint ventures and participating interests
-
192,946
Total due after one year
-
192,946
Total
1,956
199,644

6. Creditors due within one year

2026
2025
£
£
Other creditors
21,320
-
Taxation and social security
11,935
18,244
Accruals and deferred income
900
900
Total
34,155
19,144