2022-10-012023-09-302023-09-30false12216423NO.4 Packman Lane Limited2023-11-03iso4217:GBPxbrli:pure122164232022-10-01122164232023-09-30122164232022-10-012023-09-30122164232021-10-01122164232022-09-30122164232021-10-012022-09-3012216423bus:SmallEntities2022-10-012023-09-3012216423bus:AuditExempt-NoAccountantsReport2022-10-012023-09-3012216423bus:FullAccounts2022-10-012023-09-3012216423bus:PrivateLimitedCompanyLtd2022-10-012023-09-3012216423core:WithinOneYear2023-09-3012216423core:AfterOneYear2023-09-3012216423core:WithinOneYear2022-09-3012216423core:AfterOneYear2022-09-3012216423core:ShareCapital2023-09-3012216423core:SharePremium2023-09-3012216423core:RevaluationReserve2023-09-3012216423core:OtherReservesSubtotal2023-09-3012216423core:RetainedEarningsAccumulatedLosses2023-09-3012216423core:ShareCapital2022-09-3012216423core:SharePremium2022-09-3012216423core:RevaluationReserve2022-09-3012216423core:OtherReservesSubtotal2022-09-3012216423core:RetainedEarningsAccumulatedLosses2022-09-3012216423core:LandBuildings2023-09-3012216423core:PlantMachinery2023-09-3012216423core:Vehicles2023-09-3012216423core:FurnitureFittings2023-09-3012216423core:OfficeEquipment2023-09-3012216423core:NetGoodwill2023-09-3012216423core:IntangibleAssetsOtherThanGoodwill2023-09-3012216423core:ListedExchangeTraded2023-09-3012216423core:UnlistedNon-exchangeTraded2023-09-3012216423core:LandBuildings2022-09-3012216423core:PlantMachinery2022-09-3012216423core:Vehicles2022-09-3012216423core:FurnitureFittings2022-09-3012216423core:OfficeEquipment2022-09-3012216423core:NetGoodwill2022-09-3012216423core:IntangibleAssetsOtherThanGoodwill2022-09-3012216423core:ListedExchangeTraded2022-09-3012216423core:UnlistedNon-exchangeTraded2022-09-3012216423core:LandBuildings2022-10-012023-09-3012216423core:PlantMachinery2022-10-012023-09-3012216423core:Vehicles2022-10-012023-09-3012216423core:FurnitureFittings2022-10-012023-09-3012216423core:OfficeEquipment2022-10-012023-09-3012216423core:NetGoodwill2022-10-012023-09-3012216423core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3012216423core:ListedExchangeTraded2022-10-012023-09-3012216423core:UnlistedNon-exchangeTraded2022-10-012023-09-3012216423core:MoreThanFiveYears2022-10-012023-09-3012216423core:Non-currentFinancialInstruments2023-09-3012216423core:Non-currentFinancialInstruments2022-09-3012216423dpl:CostSales2022-10-012023-09-3012216423dpl:DistributionCosts2022-10-012023-09-3012216423core:LandBuildings2022-10-012023-09-3012216423core:PlantMachinery2022-10-012023-09-3012216423core:Vehicles2022-10-012023-09-3012216423core:FurnitureFittings2022-10-012023-09-3012216423core:OfficeEquipment2022-10-012023-09-3012216423dpl:AdministrativeExpenses2022-10-012023-09-3012216423core:NetGoodwill2022-10-012023-09-3012216423core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3012216423dpl:GroupUndertakings2022-10-012023-09-3012216423dpl:ParticipatingInterests2022-10-012023-09-3012216423dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3012216423core:ListedExchangeTraded2022-10-012023-09-3012216423dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3012216423core:UnlistedNon-exchangeTraded2022-10-012023-09-3012216423dpl:CostSales2021-10-012022-09-3012216423dpl:DistributionCosts2021-10-012022-09-3012216423core:LandBuildings2021-10-012022-09-3012216423core:PlantMachinery2021-10-012022-09-3012216423core:Vehicles2021-10-012022-09-3012216423core:FurnitureFittings2021-10-012022-09-3012216423core:OfficeEquipment2021-10-012022-09-3012216423dpl:AdministrativeExpenses2021-10-012022-09-3012216423core:NetGoodwill2021-10-012022-09-3012216423core:IntangibleAssetsOtherThanGoodwill2021-10-012022-09-3012216423dpl:GroupUndertakings2021-10-012022-09-3012216423dpl:ParticipatingInterests2021-10-012022-09-3012216423dpl:GroupUndertakingscore:ListedExchangeTraded2021-10-012022-09-3012216423core:ListedExchangeTraded2021-10-012022-09-3012216423dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-10-012022-09-3012216423core:UnlistedNon-exchangeTraded2021-10-012022-09-3012216423core:NetGoodwill2023-09-3012216423core:IntangibleAssetsOtherThanGoodwill2023-09-3012216423core:LandBuildings2023-09-3012216423core:PlantMachinery2023-09-3012216423core:Vehicles2023-09-3012216423core:FurnitureFittings2023-09-3012216423core:OfficeEquipment2023-09-3012216423core:AfterOneYear2023-09-3012216423core:WithinOneYear2023-09-3012216423core:ListedExchangeTraded2023-09-3012216423core:UnlistedNon-exchangeTraded2023-09-3012216423core:ShareCapital2023-09-3012216423core:SharePremium2023-09-3012216423core:RevaluationReserve2023-09-3012216423core:OtherReservesSubtotal2023-09-3012216423core:RetainedEarningsAccumulatedLosses2023-09-3012216423core:NetGoodwill2022-09-3012216423core:IntangibleAssetsOtherThanGoodwill2022-09-3012216423core:LandBuildings2022-09-3012216423core:PlantMachinery2022-09-3012216423core:Vehicles2022-09-3012216423core:FurnitureFittings2022-09-3012216423core:OfficeEquipment2022-09-3012216423core:AfterOneYear2022-09-3012216423core:WithinOneYear2022-09-3012216423core:ListedExch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NO.4 Packman Lane Limited

Registered Number
12216423
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2023

NO.4 Packman Lane Limited
Company Information
for the year from 1 October 2022 to 30 September 2023

Directors

Mrs E Skipsey
Mr S Skipsey

Registered Address

4 Packman Lane
Kirk Ella
Hull
HU10 7TL

Registered Number

12216423 (England and Wales)
NO.4 Packman Lane Limited
Statement of Financial Position
30 September 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets7825797
825797
Current assets
Stocks94,0005,500
Debtors1011,00815,160
Cash at bank and on hand5,8529,110
20,86029,770
Creditors amounts falling due within one year11(12,858)(16,592)
Net current assets (liabilities)8,00213,178
Total assets less current liabilities8,82713,975
Creditors amounts falling due after one year12(8,688)(13,730)
Net assets139245
Capital and reserves
Called up share capital100100
Profit and loss account39145
Shareholders' funds139245
The financial statements were approved and authorised for issue by the Board of Directors on 3 November 2023, and are signed on its behalf by:
Mrs E Skipsey
Director
Registered Company No. 12216423
NO.4 Packman Lane Limited
Notes to the Financial Statements
for the year ended 30 September 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company is hair and beauty.
4.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
5.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery4
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
6.Employee information

20232022
Average number of employees during the year43
7.Property, plant and equipment

Plant & machinery

Total

££
Cost or valuation
At 01 October 22912912
Additions300300
At 30 September 231,2121,212
Depreciation and impairment
At 01 October 22115115
Charge for year272272
At 30 September 23387387
Net book value
At 30 September 23825825
At 30 September 22797797
8.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
Mrs E Skipsey11,05404,1526,902
11,05404,1526,902
9.Stocks

2023

2022

££
Finished goods4,0005,500
Total4,0005,500
10.Debtors

2023

2022

££
Amounts owed by associates and joint ventures / participating interests6,90211,054
Other debtors4,1064,106
Total11,00815,160
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
11.Creditors within one year

2023

2022

££
Trade creditors / trade payables1,6042,111
Bank borrowings and overdrafts5,0434,915
Taxation and social security6,0549,393
Other creditors157173
Total12,85816,592
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Included within Bank borrowings and overdrafts is a Government Bounce Back loan totalling £5,043 (2022 £4,915) which is denominated in sterling. There are no fees or interest payable for the first 12 months, and thereafter the loan carries a nominal interest rate of 2.5%. The loan is repayable over 6 years, with no repayments in the first year, and with the final instalment due in May 2026.
12.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts8,68813,730
Total8,68813,730
Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Included within Bank borrowings and overdrafts is a Government Bounce Back loan totalling £8,688 (2022 £13,730) which is denominated in sterling. There are no fees or interest payable for the first 12 months, and thereafter the loan carries a nominal interest rate of 2.5%. The loan is repayable over 6 years, with no repayments in the first year, and with the final instalment due in May 2026. The overall carrying value of the loan as at the year-end is £13,730 (2022 £18,645).