Abbreviated Company Accounts - POSCODE LTD

06013475 POSCODE LTD 2015-12-31 false 2015-01-01 2015-12-31 true 06013475 2015-01-01 2015-12-31 06013475 2015-12-31 06013475 2014-12-31 06013475 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 06013475 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 06013475

POSCODE LTD

Abbreviated Accounts

31 December 2015

POSCODE LTD Registered Number 06013475

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	22,960	34,960
		22,960	34,960
Current assets
Stocks		37,289	80,073
Debtors		577,122	456,340
Cash at bank and in hand		54,573	81,618
		668,984	618,031
Creditors: amounts falling due within one year		(765,848)	(682,811)
Net current assets (liabilities)		(96,864)	(64,780)
Total assets less current liabilities		(73,904)	(29,820)
Total net assets (liabilities)		(73,904)	(29,820)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(74,004)	(29,920)
Shareholders' funds		(73,904)	(29,820)

For the year ending 31 December 2015 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 16 August 2016

And signed on their behalf by:
T DUBURCQ, Director

POSCODE LTD Registered Number 06013475

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

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

Turnover policy
Turnover represents sales to customers at invoiced amounts less value added tax.

Tangible assets depreciation policy
Leasehold improvements over 5 years straight line
Furniture and fixtures over 4 years straight line
Office equipment over 3 years straight line
Motor Vehicle over 5 years straight line

2Tangible fixed assets

	£
Cost
At 1 January 2015	85,566
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	85,566
Depreciation
At 1 January 2015	50,606
Charge for the year	12,000
On disposals	-
At 31 December 2015	62,606
Net book values
At 31 December 2015	22,960
At 31 December 2014	34,960

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100