Abbreviated Company Accounts - POSTCROFT LIMITED

04893162 POSTCROFT LIMITED 2014-09-30 false 2013-10-01 2014-09-30 true 04893162 2013-10-01 2014-09-30 04893162 2014-09-30 04893162 2013-09-30 04893162 uk-gaap-cd-bus:Director1 2013-10-01 2014-09-30 04893162 uk-gaap-cd-bus:Director2 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-30 iso4217:GBP shares

Registered Number 04893162

POSTCROFT LIMITED

Abbreviated Accounts

30 September 2014

POSTCROFT LIMITED Registered Number 04893162

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	700,000	700,000
		700,000	700,000
Current assets
Debtors		8,663,696	8,729,334
Cash at bank and in hand		611,160	806,281
		9,274,856	9,535,615
Creditors: amounts falling due within one year		(4,164,298)	(4,145,548)
Net current assets (liabilities)		5,110,558	5,390,067
Total assets less current liabilities		5,810,558	6,090,067
Creditors: amounts falling due after more than one year		(5,560,358)	(5,966,489)
Total net assets (liabilities)		250,200	123,578
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		250,198	123,576
Shareholders' funds		250,200	123,578

For the year ending 30 September 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 September 2015

And signed on their behalf by:
JUDAH FELDMAN, Director

POSTCROFT LIMITED Registered Number 04893162

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Other accounting policies
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2Fixed assets Investments
The company owns 100% of the issued share capital of the companies listed below, all of which are incorporated in England :

Leicester Wellington Limited
Leicester Wellington 1 Limited
Leicester Wellington 2 Limited

The overall investment comprises the cost of the purchase of the shares in the subsidiary companies.

Under the provision of section 248 of the Companies Act 1985 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.

UK group undertaking Leicester Wellington Ltd, Leicester Wellington 1 Ltd, Leicester Wellington 2 Ltd

Class and number of shares held, Ordinary £1, Ordinary £1, Ordinary £1

Capital and reserves, £800,052, £1, £1

Net profit for the year £83,769, £0, £0

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2