REGISTERED NUMBER: 05120037 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2018

FOR

ACTION MAILING SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L A Gooderham

L S Jackson

REGISTERED OFFICE:

9 Commerce Road

Lynchwood

Peterborough

Cambridgeshire

PE2 6LR

REGISTERED NUMBER:

05120037 (England and Wales)

ACCOUNTANTS:

GreenStones Limited

9 Commerce Road

Lynchwood

Peterborough

Cambridgeshire

PE2 6LR

FIXED ASSETS

Tangible assets

4

62,036

92,147

CURRENT ASSETS

Debtors

5

785,000

553,815

Cash at bank and in hand

567,584

523,820

1,352,584

1,077,635

CREDITORS

Amounts falling due within one year

6

251,042

261,947

NET CURRENT ASSETS

1,101,542

815,688

TOTAL ASSETS LESS CURRENT LIABILITIES

1,163,578

907,835

CREDITORS

Amounts falling due after more than one year

7

(21,330

)

(28,440

)

PROVISIONS FOR LIABILITIES

(8,247

)

(10,688

)

NET ASSETS

1,134,001

868,707

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,133,901

868,607

SHAREHOLDERS' FUNDS

1,134,001

868,707

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 6 February 2019 and were signed on its behalf by:

Mrs L A Gooderham - Director

L S Jackson - Director

1.	STATUTORY INFORMATION

Action Mailing Services Limited is a private company, limited by shares , registered in England

and Wales. The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Motor vehicles

-

25% on reducing balance

Office equipment

-

33% on cost

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance

sheet. Those held under hire purchase contracts are depreciated over their estimated useful

lives. Those held under finance leases are depreciated over their estimated useful lives or the

lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss 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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2017 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Short

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 June 2017

1,739

19,061

474,112

At 31 May 2018

1,739

19,061

474,112

DEPRECIATION

At 1 June 2017

-

-

411,838

Charge for year

-

-

26,532

At 31 May 2018

-

-

438,370

NET BOOK VALUE

At 31 May 2018

1,739

19,061

35,742

At 31 May 2017

1,739

19,061

62,274

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 June 2017

6,700

47,076

548,688

Additions

-

228

228

At 31 May 2018

6,700

47,304

548,916

DEPRECIATION

At 1 June 2017

3,246

41,457

456,541

Charge for year

864

2,943

30,339

At 31 May 2018

4,110

44,400

486,880

NET BOOK VALUE

At 31 May 2018

2,590

2,904

62,036

At 31 May 2017

3,454

5,619

92,147

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 June 2017

and 31 May 2018

39,500

DEPRECIATION

At 1 June 2017

658

Charge for year

7,900

At 31 May 2018

8,558

NET BOOK VALUE

At 31 May 2018

30,942

At 31 May 2017

38,842

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

142,324

135,624

Amounts owed by group undertakings

536,511

357,338

Other debtors

106,165

60,853

785,000

553,815

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Hire purchase contracts

7,110

7,110

Trade creditors

110,075

134,495

Taxation and social security

94,520

95,317

Other creditors

39,337

25,025

251,042

261,947

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Hire purchase contracts

21,330

28,440

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

This loan is unsecured and interest free.

9.	ULTIMATE CONTROLLING PARTY

Until 31 August 2016 the ultimate controlling party was Mr A Zirnhelt and the estate of Mr G

Zirnhelt. On this date the company's entire share capital was acquired by Schad and Jackson

Limited who therefore became the ultimate controlling party.

Mr L Jackson and Mrs L Gooderham are both directors and shareholders of Schad and Jackson

Limited.