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Company Registration No. 13475051 (England and Wales)
Packhorse Management Services Ltd Unaudited accounts for the year ended 30 June 2024
Packhorse Management Services Ltd Unaudited accounts Contents
Page
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Packhorse Management Services Ltd Company Information for the year ended 30 June 2024
Directors
Zahid Iqbal Syed Fakhar Abbas Bukhari
Company Number
13475051 (England and Wales)
Registered Office
The Centre Management Office The Ridings Centre Almshouse Lane Wakefield West Yorkshire WF1 1DS England
Accountants
HD Accountancy Services 23A, Broad Lane Moldgreen Huddersfield West Yorkshire HD5 9BX
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Packhorse Management Services Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
24,654 
30,065 
Current assets
Debtors
243,053 
225,396 
Cash at bank and in hand
98,203 
272,978 
341,256 
498,374 
Creditors: amounts falling due within one year
(247,666)
(418,760)
Net current assets
93,590 
79,614 
Total assets less current liabilities
118,244 
109,679 
Creditors: amounts falling due after more than one year
(100,801)
(100,801)
Net assets
17,443 
8,878 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
17,343 
8,778 
Shareholders' funds
17,443 
8,878 
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by
Zahid Iqbal Director Company Registration No. 13475051
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Packhorse Management Services Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Packhorse Management Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 13475051. The registered office is The Centre Management Office, The Ridings Centre, Almshouse Lane, Wakefield, West Yorkshire, WF1 1DS, England.
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
18% reducing balance method
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2023
34,902 
At 30 June 2024
34,902 
Depreciation
At 1 July 2023
4,837 
Charge for the year
5,411 
At 30 June 2024
10,248 
Net book value
At 30 June 2024
24,654 
At 30 June 2023
30,065 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
210,674 
153,749 
Other debtors
32,379 
71,647 
243,053 
225,396 
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Packhorse Management Services Ltd Notes to the Accounts for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
49,502 
36,013 
Trade creditors
150,789 
196,373 
Taxes and social security
47,375 
11,501 
Other creditors
- 
174,873 
247,666 
418,760 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
100,801 
100,801 
8
Average number of employees
During the year the average number of employees was 50 (2023: 15).
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