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REGISTERED NUMBER: 10606006 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

PROPERTYPAC LIMITED

PROPERTYPAC LIMITED (Registered number: 10606006)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PROPERTYPAC LIMITED

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Mr Chris John Rutter
Mrs Carolina Anna Rutter
Mr Fernando Michael Rutter





REGISTERED OFFICE: 142 HOOLE ROAD
CHESTER
CH2 3NU





REGISTERED NUMBER: 10606006 (England and Wales)





ACCOUNTANTS: DBS Corporate Accountants
Suite 4102, Charlotte House
Queens Dock Business Centre
67-83 Norfolk Street
Liverpool
Merseyside
L1 0BG

PROPERTYPAC LIMITED (Registered number: 10606006)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 16,417 85

CURRENT ASSETS
Stocks 12,905 15,992
Debtors 5 35,248 19,428
Cash at bank and in hand 25,244 19,285
73,397 54,705
CREDITORS
Amounts falling due within one year 6 69,241 50,765
NET CURRENT ASSETS 4,156 3,940
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,573

4,025

CREDITORS
Amounts falling due after more than
one year

7

12,222

-
NET ASSETS 8,351 4,025

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 8,231 3,905
8,351 4,025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

PROPERTYPAC LIMITED (Registered number: 10606006)

Balance Sheet - continued
28 February 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by:





Mr Chris John Rutter - Director


PROPERTYPAC LIMITED (Registered number: 10606006)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

PROPERTYPAC 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 is measured at the fair value of the amounts derived from the services provided by the company falling within its ordinary activities, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

PROPERTYPAC LIMITED (Registered number: 10606006)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
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 defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 422
Additions 20,450
At 28 February 2025 20,872
DEPRECIATION
At 1 March 2024 337
Charge for year 4,118
At 28 February 2025 4,455
NET BOOK VALUE
At 28 February 2025 16,417
At 29 February 2024 85

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 15,823 6,044
Other debtors 19,425 13,384
35,248 19,428

PROPERTYPAC LIMITED (Registered number: 10606006)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 287 -
Hire purchase contracts 3,492 -
Trade creditors 409 2,874
Taxation and social security (92 ) 20,970
Other creditors 65,145 26,921
69,241 50,765

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.25 29.2.24
£    £   
Hire purchase contracts 12,222 -