REGISTERED NUMBER: 05286660 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

PS Mailing Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

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

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 2016 and were signed by:

PK Jacobs - Director

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