PS Mailing Services Limited - Abbreviated accounts 16.1

PS Mailing Services Limited - Abbreviated accounts 16.1


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REGISTERED NUMBER: 05286660(England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

PS Mailing Services Limited

PS Mailing Services Limited (Registered number: 05286660)






Contents of the Abbreviated Accounts
for the Year Ended 31 December 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

PS Mailing Services Limited

Company Information
for the Year Ended 31 December 2015







DIRECTOR: PK Jacobs





SECRETARY: Mrs S Jacobs





REGISTERED OFFICE: Unit B3
South Western Business Park
Sherborne
Dorset
DT9 3PS





REGISTERED NUMBER: 05286660(England and Wales)





ACCOUNTANTS: Hunts Accountants
The Old Pump House
Oborne Road
Sherborne
Dorset
DT9 3RX

PS Mailing Services Limited (Registered number: 05286660)

Abbreviated Balance Sheet
31 December 2015

31.12.15 31.12.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 40,673 49,944

CURRENT ASSETS
Stocks 2,500 2,500
Debtors 481,462 386,843
Cash at bank and in hand 490,316 504,299
974,278 893,642
CREDITORS
Amounts falling due within one year 613,702 556,349
NET CURRENT ASSETS 360,576 337,293
TOTAL ASSETS LESS CURRENT
LIABILITIES

401,249

387,237

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 401,149 387,137
SHAREHOLDERS' FUNDS 401,249 387,237

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by Mr PK Jacobs the director on 18 May 2016and were signed by:





PK Jacobs- Director


PS Mailing Services Limited (Registered number: 05286660)

Notes to the Abbreviated Accounts
for the Year Ended 31 December 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the
lease.

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 the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015 161,421
Additions 4,286
At 31 December 2015 165,707
DEPRECIATION
At 1 January 2015 111,477
Charge for year 13,557
At 31 December 2015 125,034
NET BOOK VALUE
At 31 December 2015 40,673
At 31 December 2014 49,944

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.15 31.12.14
value: £    £   
100 Ordinary £1 100 100