Company Registration No. 9445849 (England and Wales)
Postmymeds Limited
Unaudited accounts
for the year ended 31 March 2020
Postmymeds Limited
Unaudited accounts
Contents
Postmymeds Limited
Company Information
for the year ended 31 March 2020
Directors
Prabjeet Singh SAUNDH
Joseph Napolion ISSAC
Company Number
9445849 (England and Wales)
Registered Office
132 High Street
Whitton
TW2 7LL
GB
Accountants
A J Shah and Company
8 Pinner View
Harrow
Middlesex
HA1 4QA
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Postmymeds Limited for the year ended 31 March 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Postmymeds Limited for the year ended
31 March 2020 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
A J Shah and Company
Chartered Accountants
8 Pinner View
Harrow
Middlesex
HA1 4QA
25 July 2020
Postmymeds Limited
Statement of financial position
as at
31 March 2020
Tangible assets
35,905
39,152
Investments
27,895
22,695
Cash at bank and in hand
68,315
84,035
Creditors: amounts falling due within one year
(100,116)
(91,318)
Net current (liabilities)/assets
(10,321)
4,582
Called up share capital
10
10
Profit and loss account
53,469
66,419
Shareholders' funds
53,479
66,429
For the year ending 31 March 2020 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 directors acknowledge their 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 of Directors and authorised for issue on 25 August 2020 and were signed on its behalf by
Joseph Napolion ISSAC
Director
Company Registration No. 9445849
Postmymeds Limited
Notes to the Accounts
for the year ended 31 March 2020
Postmymeds Limited is a private company, limited by shares, registered in England and Wales, registration number 9445849. The registered office is 132 High Street, Whitton, TW2 7LL, GB.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2019
8,376
37,060
45,436
At 31 March 2020
8,376
37,569
45,945
At 1 April 2019
-
6,284
6,284
Charge for the year
-
3,756
3,756
At 31 March 2020
-
10,040
10,040
At 31 March 2020
8,376
27,529
35,905
At 31 March 2019
8,376
30,776
39,152
Postmymeds Limited
Notes to the Accounts
for the year ended 31 March 2020
5
Investments
Other investments
Valuation at 1 April 2019
22,695
Valuation at 31 March 2020
27,895
Finished goods
17,005
7,740
Accrued income and prepayments
4,475
4,125
8
Creditors: amounts falling due within one year
2020
2019
Trade creditors
26,690
23,983
Taxes and social security
(2,024)
5,550
Other creditors
23,722
63,114
Loans from directors
49,298
(16,300)
9
Average number of employees
During the year the average number of employees was 4 (2019: 4).