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Company Registration No. 04551854 (England and Wales)
PAK POULTRY PRODUCTS LIMITED Unaudited accounts for the year ended 31 March 2023
PAK POULTRY PRODUCTS LIMITED Unaudited accounts Contents
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PAK POULTRY PRODUCTS LIMITED Company Information for the year ended 31 March 2023
Directors
Qumran ALI Mansoor ALI
Company Number
04551854 (England and Wales)
Registered Office
12 MILLGATE PADDOCK HUDDERSFIELD HD1 4SD
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
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PAK POULTRY PRODUCTS LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
252,067 
74,190 
Current assets
Inventories
51,066 
- 
Debtors
300,493 
363,709 
Cash at bank and in hand
292,875 
153,191 
644,434 
516,900 
Creditors: amounts falling due within one year
(402,517)
(316,950)
Net current assets
241,917 
199,950 
Total assets less current liabilities
493,984 
274,140 
Creditors: amounts falling due after more than one year
(31,411)
(41,984)
Net assets
462,573 
232,156 
Capital and reserves
Called up share capital
96 
96 
Profit and loss account
462,477 
232,060 
Shareholders' funds
462,573 
232,156 
For the year ending 31 March 2023 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 October 2023 and were signed on its behalf by
Mansoor ALI Director Company Registration No. 04551854
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PAK POULTRY PRODUCTS LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
PAK POULTRY PRODUCTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04551854. The registered office is 12 MILLGATE PADDOCK, HUDDERSFIELD, HD1 4SD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures & fittings
20% Reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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PAK POULTRY PRODUCTS LIMITED Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
362,881 
14,923 
76,964 
454,768 
Additions
87,346 
131,202 
- 
218,548 
At 31 March 2023
450,227 
146,125 
76,964 
673,316 
Depreciation
At 1 April 2022
301,460 
10,295 
68,823 
380,578 
Charge for the year
12,284 
27,166 
1,221 
40,671 
At 31 March 2023
313,744 
37,461 
70,044 
421,249 
Net book value
At 31 March 2023
136,483 
108,664 
6,920 
252,067 
At 31 March 2022
61,421 
4,628 
8,141 
74,190 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
14,894 
6,315 
Trade debtors
257,793 
351,534 
Other debtors
27,806 
5,860 
300,493 
363,709 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
262,125 
286,950 
Taxes and social security
31,690 
30,000 
Accruals
108,702 
- 
402,517 
316,950 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
31,411 
41,984 
8
Average number of employees
During the year the average number of employees was 14 (2022: 14).
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