1 January 2023 true Taxfiler 2024.5 SC684033business:PrivateLimitedCompanyLtd2023-01-012023-12-31 SC6840332022-12-31 SC684033business:EntityHasNeverTraded2023-01-012023-12-31 SC6840332023-01-012023-12-31 SC684033business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 SC684033business:AbridgedAccounts2023-01-012023-12-31 SC6840332023-12-31 SC684033business:Director12023-01-012023-12-31 SC684033business:RegisteredOffice2023-01-012023-12-31 SC6840332022-12-31 SC684033core:WithinOneYear2023-12-31 SC684033core:WithinOneYear2022-12-31 SC684033core:AfterOneYear2023-12-31 SC684033core:AfterOneYear2022-12-31 SC684033core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC684033core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 SC684033core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC684033core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 SC684033core:PreviouslyStatedAmount2023-12-31 SC684033core:PreviouslyStatedAmount2022-12-31 SC684033business:SmallEntities2023-01-012023-12-31 SC684033countries:Scotland2023-01-012023-12-31 SC684033core:PlantMachinery2023-01-012023-12-31 SC6840332022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC684033 (Scotland)
UPAC 6129 Limited Unaudited accounts for the year ended 31 December 2023
UPAC 6129 Limited Unaudited accounts Contents
Page
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UPAC 6129 Limited Company Information for the year ended 31 December 2023
Director
Chris Thomas Kelly
Company Number
SC684033 (Scotland)
Registered Office
133 BARFILLAN DRIVE GLASGOW G52 1BY UNITED KINGDOM
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UPAC 6129 Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
364,450 
417,561 
Investments
35,000 
112,000 
399,450 
529,561 
Current assets
Inventories
1,838,473 
2,042,188 
Debtors
4,885,370 
4,049,601 
Cash at bank and in hand
108,953 
295,552 
6,832,796 
6,387,341 
Creditors: amounts falling due within one year
(3,086,400)
(3,629,265)
Net current assets
3,746,396 
2,758,076 
Total assets less current liabilities
4,145,846 
3,287,637 
Creditors: amounts falling due after more than one year
(72,766)
(283,803)
Net assets
4,073,080 
3,003,834 
Capital and reserves
Called up share capital
1,485,000 
1,485,000 
Profit and loss account
2,588,080 
1,518,834 
Shareholders' funds
4,073,080 
3,003,834 
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 23 October 2024 and were signed on its behalf by
Chris Thomas Kelly Director Company Registration No. SC684033
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UPAC 6129 Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
UPAC 6129 Limited is a private company, limited by shares, registered in Scotland, registration number SC684033. The registered office is 133 BARFILLAN DRIVE, GLASGOW, G52 1BY, UNITED KINGDOM.
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
3 Year Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 January 2023
928,577 
At 31 December 2023
928,577 
Amortisation
At 1 January 2023
928,577 
At 31 December 2023
928,577 
Net book value
At 31 December 2023
- 
Goodwill created by the formation of UPAC 6129 Limited was removed on the removal of Lothian Labels Limited - 411131(Scotland) from the group.
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UPAC 6129 Limited Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2023
841,277 
Additions
549,352 
Disposals
(434,119)
At 31 December 2023
956,510 
Depreciation
At 1 January 2023
423,716 
Charge for the year
534,511 
On disposals
(366,167)
At 31 December 2023
592,060 
Net book value
At 31 December 2023
364,450 
At 31 December 2022
417,561 
6
Controlling party
UPAC 6129 Limited is the ultimate holding Company of the UPAC Group. UPAC 6129 Limited holds 100% of the shares in The UPAC Group - 684033 (Scotland) which in turn holds 100% of the shares in the following companies which have formed the basis of these consolidated statements. W&M Watson Packaging Limited - 349366 (Scotland) Peter Bryson Packaging Limited - 284492 (Scotland)
7
Average number of employees
During the year the average number of employees was 50 (2022: 56).
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