Share this content

Does mailbox rent go on the company balance sheet?

Didn't find your answer?

Hello there, 

I'm finalising my year end accounts for companies house and I'm unsure of where I should put the cost of renting a mailbox in the accounts for my ltd company.

I pay the money in full up front each year (around £270) I submit micro-entity accounts. I think it's slightly different from renting an office etc so a bit unsure.


Replies (6)

Please login or register to join the discussion.

By Accountant A
30th Oct 2017 13:25

Yep, just pop it on the old Balance Sheet.

Thanks (2)
Replying to Accountant A:
By CW15
30th Oct 2017 14:03

Thanks, working on it now

Thanks (0)
By lionofludesch
30th Oct 2017 13:33

Find an accountant.

You're out of your depth.

Thanks (0)
By DMGbus
30th Oct 2017 13:50

To the extent that the cost is PREPAID at the Balance Sheet date it is an item to be included in the Balance Sheet. I believe that Companies House template (FRS105) may include a heading including the word prepayments.

£270 paid upfront for year to 30 June 2017
cost per month = £22.50

As at 31 March 2017 nine months' worth has been "used" leaving three months worth as a prepayment.

So P&L cost = £202.50
and BS prepayment = £ 67.50

Thanks (1)
Replying to DMGbus:
By CW15
30th Oct 2017 14:00

Thanks so much, greatly appreciated!

Thanks (1)
Replying to CW15:
By andy.partridge
30th Oct 2017 14:55

What else don't you know? You don't know.

Thanks (3)
Share this content