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REGISTERED NUMBER: 12326306 (England and Wales)















Financial Statements

for the Year Ended 31 December 2023

for

THE PACKD GROUP LIMITED

THE PACKD GROUP LIMITED (REGISTERED NUMBER: 12326306)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE PACKD GROUP LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTOR: P C Kyriakides





REGISTERED OFFICE: 3 The Copse
Burley In Wharfedale
Ilkley
West Yorkshire
LS29 7QY





REGISTERED NUMBER: 12326306 (England and Wales)





ACCOUNTANTS: Rawse, Varley & Co
Chartered Accountants
Lloyds Bank Chambers
Hustlergate
Bradford
BD1 1UQ

THE PACKD GROUP LIMITED (REGISTERED NUMBER: 12326306)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 935 69

CURRENT ASSETS
Stock 37,642 28,091
Debtors 5 12,223 12,249
Cash at bank 82,972 10,448
132,837 50,788
CREDITORS
Amounts falling due within one year 6 49,100 25,270
NET CURRENT ASSETS 83,737 25,518
TOTAL ASSETS LESS CURRENT
LIABILITIES

84,672

25,587

PROVISIONS FOR LIABILITIES 234 13
NET ASSETS 84,438 25,574

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 84,338 25,474
SHAREHOLDERS' FUNDS 84,438 25,574

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 PACKD GROUP LIMITED (REGISTERED NUMBER: 12326306)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 16 August 2024 and were signed by:





P C Kyriakides - Director


THE PACKD GROUP LIMITED (REGISTERED NUMBER: 12326306)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

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

Turnover
Income 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
Tangible fixed assets are stated at cost less accumulated depreciation.

Depreciation is provided at the following annual rate in order to write off each asset over its estimated useful life.

Furniture and equipment - 20% of cost

Stock
Stock is stated at the lower of cost and estimated net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

THE PACKD GROUP LIMITED (REGISTERED NUMBER: 12326306)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


4. TANGIBLE FIXED ASSETS
Plant,
equipment
and
vehicles
£   
COST
At 1 January 2023 126
Additions 943
At 31 December 2023 1,069
DEPRECIATION
At 1 January 2023 57
Charge for year 77
At 31 December 2023 134
NET BOOK VALUE
At 31 December 2023 935
At 31 December 2022 69

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 10,768 10,922
Prepayments 1,455 1,327
12,223 12,249

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 10,210 -
Corporation tax 17,434 2,145
Social security and other taxes 1,693 2,969
Directors' current accounts 18,563 18,156
Accrued expenses 1,200 2,000
49,100 25,270