Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-3022022-12-01false2No description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13799096 2022-12-01 2023-11-30 13799096 2021-12-01 2022-11-30 13799096 2023-11-30 13799096 2022-11-30 13799096 c:Director1 2022-12-01 2023-11-30 13799096 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 13799096 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 13799096 d:ShareCapital 2023-11-30 13799096 d:ShareCapital 2022-11-30 13799096 d:RetainedEarningsAccumulatedLosses 2023-11-30 13799096 d:RetainedEarningsAccumulatedLosses 2022-11-30 13799096 c:OrdinaryShareClass1 2022-12-01 2023-11-30 13799096 c:OrdinaryShareClass1 2023-11-30 13799096 c:OrdinaryShareClass1 2022-11-30 13799096 c:FRS102 2022-12-01 2023-11-30 13799096 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13799096 c:FullAccounts 2022-12-01 2023-11-30 13799096 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 xbrli:shares iso4217:GBP xbrli:pure
Company registration number: 13799096







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 NOVEMBER 2023


PROPAK ARCHITECTURAL LIMITED






































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PROPAK ARCHITECTURAL LIMITED
REGISTERED NUMBER:13799096



BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
  
26,955
23,616

Debtors
  
18,748
11,116

Bank and cash balances
  
184,281
52,678

  
229,984
87,410

Creditors: amounts falling due within one year
  
(232,655)
(97,038)

Net current liabilities
  
 
 
(2,671)
 
 
(9,628)

Total assets less current liabilities
  
(2,671)
(9,628)

  

Net liabilities
  
(2,671)
(9,628)


Capital and reserves
  

Called up share capital 
 4 
100
100

Profit and loss account
  
(2,771)
(9,728)

  
(2,671)
(9,628)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and 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 directors acknowledge their 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 statement of comprehensive income 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 2 September 2024.




L Bennett
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 


PROPAK ARCHITECTURAL LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Propak Architectural 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.
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The comparative figures represents the results for the period from 13th December 2021 to the 30th November 2022.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors have undertaken to continue their financial support of the company for the foreseeable future. On this basis they believe it is appropriate to prepare these accounts on a going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 2

 


PROPAK ARCHITECTURAL LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



5.


Related party transactions

During the year ended 30 November 2022, the company entered into a loan agreement with a related, by virtue of common directorship, undertaking. Under the terms of the agreement, the company borrowed an amount of £25,000 and this loan is repayable on demand and carries no interest rate. The balance of the loan at 30 November 2023 remains unchanged.


6.


Controlling party

The immediate parent company is Propak Group Limited, a company incorporated in England and Wales at Unit 1 Gunnels Wood Park, Gunnels Wood Road, Stevenage, Hertfordshire, SG1 2BH.

 
Page 3