Airpacks Ltd.
Chartered accountants' report to the director on the preparation of the unaudited statutory financial statements of Airpacks Ltd. for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Airpacks Ltd. for the year ended 31 December 2023 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.
This report is made solely to the director of Airpacks Ltd. in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Airpacks Ltd. and state those matters that we have agreed to state to the director of Airpacks Ltd. in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Airpacks Ltd. and its director for our work or for this report.
It is your duty to ensure that Airpacks Ltd. has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of Airpacks Ltd.. You consider that Airpacks Ltd. is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or review of the financial statements of Airpacks Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Kreston Reeves LLP
Chartered Accountants
Montague Place
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QU
4 September 2024
Balance sheet
As at 31 December 2023
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Debtors: amounts falling due within one year
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Total assets less current liabilities
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Page 1
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Airpacks Ltd.
Registered number: 02556136
Balance sheet (continued)
As at 31 December 2023
For the year ended 31 December 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.
Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 September 2024.
The notes on page 3 form part of these financial statements.
Page 2
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Airpacks Ltd.
Notes to the financial statements
For the year ended 31 December 2023
Airpacks Ltd. is a private company limited by shares and is incorporated in England & Wales. The registered office is 101 Laker Road, Rochester Airport Industrial Estate, Rochester, Kent, ME1 3QX.
As a dormant company the company has elected to retain its previous accounting policies for reported assets, liabilities and equity that were adopted prior to the transition to FRS102, and will continue to do so until there is any change to those balances or the company undertakes any new transactions.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
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Amounts owed by group undertakings
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Allotted, called up and fully paid
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3,000 (2022 - 3,000) Ordinary shares of £1.00 each
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Page 3
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