IRIS Accounts Production v24.3.0.553 02102891 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh021028912023-05-31021028912024-05-31021028912023-06-012024-05-31021028912022-05-31021028912022-06-012023-05-31021028912023-05-3102102891ns15:EnglandWales2023-06-012024-05-3102102891ns14:PoundSterling2023-06-012024-05-3102102891ns10:Director12023-06-012024-05-3102102891ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3102102891ns10:SmallEntities2023-06-012024-05-3102102891ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3102102891ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3102102891ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3102102891ns10:FullAccounts2023-06-012024-05-3102102891ns10:Director22023-06-012024-05-3102102891ns10:Director32023-06-012024-05-3102102891ns10:CompanySecretary12023-06-012024-05-3102102891ns10:RegisteredOffice2023-06-012024-05-3102102891ns5:CurrentFinancialInstruments2024-05-3102102891ns5:CurrentFinancialInstruments2023-05-3102102891ns5:ShareCapital2024-05-3102102891ns5:ShareCapital2023-05-3102102891ns5:RetainedEarningsAccumulatedLosses2024-05-3102102891ns5:RetainedEarningsAccumulatedLosses2023-05-3102102891ns5:PlantMachinery2023-06-012024-05-3102102891ns5:FurnitureFittings2023-06-012024-05-3102102891ns5:MotorVehicles2023-06-012024-05-3102102891ns5:ComputerEquipment2023-06-012024-05-3102102891ns5:PlantMachinery2023-05-3102102891ns5:FurnitureFittings2023-05-3102102891ns5:MotorVehicles2023-05-3102102891ns5:ComputerEquipment2023-05-3102102891ns5:PlantMachinery2024-05-3102102891ns5:FurnitureFittings2024-05-3102102891ns5:MotorVehicles2024-05-3102102891ns5:ComputerEquipment2024-05-3102102891ns5:PlantMachinery2023-05-3102102891ns5:FurnitureFittings2023-05-3102102891ns5:MotorVehicles2023-05-3102102891ns5:ComputerEquipment2023-05-3102102891ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3102102891ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3102102891ns5:WithinOneYear2024-05-3102102891ns5:WithinOneYear2023-05-3102102891ns5:BetweenOneFiveYears2024-05-3102102891ns5:BetweenOneFiveYears2023-05-3102102891ns5:AllPeriods2024-05-3102102891ns5:AllPeriods2023-05-31
REGISTERED NUMBER: 02102891 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Com - Pak Design Limited

Com - Pak Design Limited (Registered number: 02102891)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Com - Pak Design Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: B Douglas
Mrs K Douglas
S P Hepworth





SECRETARY: Mrs K Douglas





REGISTERED OFFICE: Units 3 & 4
Kestrel Close
Quarry Hill Industrial Park
Ilkeston
Derbyshire
DE7 4DA





REGISTERED NUMBER: 02102891 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Com - Pak Design Limited (Registered number: 02102891)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,951 19,445

CURRENT ASSETS
Stocks 7,063 4,406
Debtors 5 73,711 85,966
Cash at bank and in hand 46,519 70,619
127,293 160,991
CREDITORS
Amounts falling due within one year 6 32,560 40,548
NET CURRENT ASSETS 94,733 120,443
TOTAL ASSETS LESS CURRENT
LIABILITIES

109,684

139,888

PROVISIONS FOR LIABILITIES 1,251 1,756
NET ASSETS 108,433 138,132

CAPITAL AND RESERVES
Called up share capital 1,300 1,300
Retained earnings 107,133 136,832
SHAREHOLDERS' FUNDS 108,433 138,132

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Com - Pak Design Limited (Registered number: 02102891)

Balance Sheet - continued
31 May 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by:





B Douglas - Director


Com - Pak Design Limited (Registered number: 02102891)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Com - Pak Design 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
Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year. Turnover is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the company will receive the agreed upon payment.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stock is valued at the lower of cost and net estimated selling costs, after making due allowance for obsolete and slow moving items. Cost is determined on a first in, first out basis.

Deferred taxation
Provision is made at current rates for taxation deferred in respect of all material timing differences.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a self-administered pension scheme for its directors. It is a defined contribution scheme and premiums are charged to the profit and loss account as they accrue. The assets of the scheme are managed independently of the company's finances.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

Com - Pak Design Limited (Registered number: 02102891)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023
and 31 May 2024 161,013 33,479 67,645 15,638 277,775
DEPRECIATION
At 1 June 2023 153,917 32,742 56,449 15,222 258,330
Charge for year 1,414 142 2,800 138 4,494
At 31 May 2024 155,331 32,884 59,249 15,360 262,824
NET BOOK VALUE
At 31 May 2024 5,682 595 8,396 278 14,951
At 31 May 2023 7,096 737 11,196 416 19,445


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 59,949 67,880
Directors' current accounts 5,372 9,872
Prepayments 8,390 8,214
73,711 85,966

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 8,873 14,299
Tax 2,217 4,076
Social security and other taxes 15,854 16,224
Accrued expenses 5,616 5,949
32,560 40,548

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 35,500 35,500
Between one and five years 94,667 130,167
130,167 165,667