Acorah Software Products - Accounts Production 16.2.800 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 03392522 Mr C R Schweitzer Mrs A T Schweitzer Halyard Holdings Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03392522 2023-12-31 03392522 2024-12-31 03392522 2024-01-01 2024-12-31 03392522 frs-core:CurrentFinancialInstruments 2024-12-31 03392522 frs-core:Non-currentFinancialInstruments 2024-12-31 03392522 frs-core:BetweenOneFiveYears 2024-12-31 03392522 frs-core:ComputerEquipment 2024-12-31 03392522 frs-core:ComputerEquipment 2024-01-01 2024-12-31 03392522 frs-core:ComputerEquipment 2023-12-31 03392522 frs-core:FurnitureFittings 2024-12-31 03392522 frs-core:FurnitureFittings 2024-01-01 2024-12-31 03392522 frs-core:FurnitureFittings 2023-12-31 03392522 frs-core:MotorVehicles 2024-12-31 03392522 frs-core:MotorVehicles 2024-01-01 2024-12-31 03392522 frs-core:MotorVehicles 2023-12-31 03392522 frs-core:PlantMachinery 2024-12-31 03392522 frs-core:PlantMachinery 2024-01-01 2024-12-31 03392522 frs-core:PlantMachinery 2023-12-31 03392522 frs-core:WithinOneYear 2024-12-31 03392522 frs-core:ShareCapital 2024-12-31 03392522 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03392522 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03392522 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 03392522 frs-bus:SmallEntities 2024-01-01 2024-12-31 03392522 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 03392522 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03392522 frs-bus:OrdinaryShareClass2 2024-01-01 2024-12-31 03392522 frs-bus:OrdinaryShareClass2 2024-12-31 03392522 frs-bus:OrdinaryShareClass3 2024-01-01 2024-12-31 03392522 frs-bus:OrdinaryShareClass3 2024-12-31 03392522 1 2024-01-01 2024-12-31 03392522 frs-core:DeferredTaxation 2024-01-01 2024-12-31 03392522 frs-core:DeferredTaxation 2023-12-31 03392522 frs-core:DeferredTaxation 2024-12-31 03392522 frs-bus:Director1 2024-01-01 2024-12-31 03392522 frs-bus:Director2 2024-01-01 2024-12-31 03392522 frs-countries:EnglandWales 2024-01-01 2024-12-31 03392522 2022-12-31 03392522 2023-12-31 03392522 2023-01-01 2023-12-31 03392522 frs-core:CurrentFinancialInstruments 2023-12-31 03392522 frs-core:Non-currentFinancialInstruments 2023-12-31 03392522 frs-core:BetweenOneFiveYears 2023-12-31 03392522 frs-core:WithinOneYear 2023-12-31 03392522 frs-core:ShareCapital 2023-12-31 03392522 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 03392522 frs-bus:OrdinaryShareClass2 2023-01-01 2023-12-31 03392522 frs-bus:OrdinaryShareClass3 2023-01-01 2023-12-31
Registered number: 03392522
Transpack Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Transpack Limited For The Year Ended 31 December 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Transpack Limited which comprise the Profit and Loss Account, 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 of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Transpack Limited , as a body, in accordance with the terms of our engagement dated 5 July 2023. Our work has been undertaken solely to prepare for your approval the accounts of Transpack Limited and state those matters that we have agreed to state to the directors of Transpack Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Transpack Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Transpack Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Transpack Limited . You consider that Transpack Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Transpack Limited . 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 financial statements.
Signed
8th April 2025
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Page 1
Page 2
Balance Sheet
Registered number: 03392522
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,900 24,260
21,900 24,260
CURRENT ASSETS
Stocks 5 240,628 235,379
Debtors 6 196,369 263,881
Cash at bank and in hand 560,439 453,273
997,436 952,533
Creditors: Amounts Falling Due Within One Year 7 (395,953 ) (371,368 )
NET CURRENT ASSETS (LIABILITIES) 601,483 581,165
TOTAL ASSETS LESS CURRENT LIABILITIES 623,383 605,425
Creditors: Amounts Falling Due After More Than One Year 8 - (3,677 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 11 (5,475 ) (5,878 )
NET ASSETS 617,908 595,870
CAPITAL AND RESERVES
Called up share capital 13 20,000 20,000
Profit and Loss Account 597,908 575,870
SHAREHOLDERS' FUNDS 617,908 595,870
Page 2
Page 3
For the year ending 31 December 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr C R Schweitzer
Director
8th April 2025
The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Transpack Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03392522 . The registered office and trading address is Unit K, Griffin Industrial Park, Brunel Road, Totton Southampton, SO40 3SH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery 10% Reducing balance method
Motor Vehicles 25% Reducing balance method
Fixtures & Fittings 25% Reducing balance method
Computer Equipment 33% Straight line method
Expenditure on fixed assets is capitalised except for expenditure incurred on the replacement of assets of low value with short life. Repair, renovation and replacement expenditure is written off as expenditure in the profit and loss account. The cost of fixed assets is their purchase costs, together with any incidental costs of aquisition. 
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
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Page 5
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
2.9. Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2023: 10)
11 10
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 9,050 51,585 8,903 1,783 71,321
Additions - - 1,916 2,241 4,157
As at 31 December 2024 9,050 51,585 10,819 4,024 75,478
Depreciation
As at 1 January 2024 7,221 30,982 8,059 799 47,061
Provided during the period 183 5,151 479 704 6,517
As at 31 December 2024 7,404 36,133 8,538 1,503 53,578
Net Book Value
As at 31 December 2024 1,646 15,452 2,281 2,521 21,900
As at 1 January 2024 1,829 20,603 844 984 24,260
5. Stocks
2024 2023
as restated
£ £
Stock 240,628 235,379
6. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 5,850 18,119
Amounts owed by group undertakings 157,290 215,326
Other debtors 33,229 30,436
196,369 263,881
Page 5
Page 6
7. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Net obligations under finance lease and hire purchase contracts 4,095 4,607
Trade creditors 231,309 204,831
Other creditors 6,118 6,054
Taxation and social security 154,431 155,876
395,953 371,368
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Net obligations under finance lease and hire purchase contracts - 3,677
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
as restated
£ £
Net obligations under finance lease and hire purchase contracts 4,095 8,284
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
as restated
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,223 4,607
Later than one year and not later than five years - 4,223
4,223 8,830
Less: Finance charges allocated to future periods 128 546
4,095 8,284
11. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
as restated
£ £
Other timing differences 5,475 5,878
Page 6
Page 7
12. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 January 2024 5,878 5,878
Utilised (403 ) (403)
Balance at 31 December 2024 5,475 5,475
13. Share Capital
2024 2023
as restated
Allotted, called up and fully paid £ £
10,000 Ordinary A shares of £ 1 each 10,000 10,000
10,000 Ordinary B shares of £ 1 each 10,000 10,000
20,000 20,000
14. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
15. Ultimate Controlling Party
The company is a wholly owned subsidiary of Halyard Holdings Ltd.
16. Security
There is a fixed and floating charge registered at Companies House over all property and undertakings of the company.
Page 7