2024-04-012025-03-312025-03-31false10764556Wrap and Pack Ltd2025-07-22falseiso4217:GBPxbrli:pure107645562024-03-31107645562025-03-31107645562024-04-012025-03-31107645562023-05-31107645562024-03-31107645562023-06-012024-03-3110764556bus:SmallEntities2024-04-012025-03-3110764556bus:AuditExempt-NoAccountantsReport2024-04-012025-03-3110764556bus:FullAccounts2024-04-012025-03-3110764556bus:PrivateLimitedCompanyLtd2024-04-012025-03-3110764556core:WithinOneYear2025-03-3110764556core:AfterOneYear2025-03-3110764556core:WithinOneYear2024-03-3110764556core:AfterOneYear2024-03-3110764556core:ShareCapital2025-03-3110764556core:SharePremium2025-03-3110764556core:RevaluationReserve2025-03-3110764556core:OtherReservesSubtotal2025-03-3110764556core:RetainedEarningsAccumulatedLosses2025-03-3110764556core:ShareCapital2024-03-3110764556core:SharePremium2024-03-3110764556core:RevaluationReserve2024-03-3110764556core:OtherReservesSubtotal2024-03-3110764556core:RetainedEarningsAccumulatedLosses2024-03-3110764556core:LandBuildings2025-03-3110764556core:PlantMachinery2025-03-3110764556core:Vehicles2025-03-3110764556core:FurnitureFittings2025-03-3110764556core:OfficeEquipment2025-03-3110764556core:NetGoodwill2025-03-3110764556core:IntangibleAssetsOtherThanGoodwill2025-03-3110764556core:ListedExchangeTraded2025-03-3110764556core:UnlistedNon-exchangeTraded2025-03-3110764556core:LandBuildings2024-03-3110764556core:PlantMachinery2024-03-3110764556core:Vehicles2024-03-3110764556core:FurnitureFittings2024-03-3110764556core:OfficeEquipment2024-03-3110764556core:NetGoodwill2024-03-3110764556core:IntangibleAssetsOtherThanGoodwill2024-03-3110764556core:ListedExchangeTraded2024-03-3110764556core:UnlistedNon-exchangeTraded2024-03-3110764556core:LandBuildings2024-04-012025-03-3110764556core:PlantMachinery2024-04-012025-03-3110764556core:Vehicles2024-04-012025-03-3110764556core:FurnitureFittings2024-04-012025-03-3110764556core:OfficeEquipment2024-04-012025-03-3110764556core:NetGoodwill2024-04-012025-03-3110764556core:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3110764556core:ListedExchangeTraded2024-04-012025-03-3110764556core:UnlistedNon-exchangeTraded2024-04-012025-03-3110764556core:MoreThanFiveYears2024-04-012025-03-3110764556core:Non-currentFinancialInstruments2025-03-3110764556core:Non-currentFinancialInstruments2024-03-3110764556dpl:CostSales2024-04-012025-03-3110764556dpl:DistributionCosts2024-04-012025-03-3110764556core:LandBuildings2024-04-012025-03-3110764556core:PlantMachinery2024-04-012025-03-3110764556core:Vehicles2024-04-012025-03-3110764556core:FurnitureFittings2024-04-012025-03-3110764556core:OfficeEquipment2024-04-012025-03-3110764556dpl:AdministrativeExpenses2024-04-012025-03-3110764556core:NetGoodwill2024-04-012025-03-3110764556core:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3110764556dpl:GroupUndertakings2024-04-012025-03-3110764556dpl:ParticipatingInterests2024-04-012025-03-3110764556dpl:GroupUndertakingscore:ListedExchangeTraded2024-04-012025-03-3110764556core:ListedExchangeTraded2024-04-012025-03-3110764556dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2024-04-012025-03-3110764556core:UnlistedNon-exchangeTraded2024-04-012025-03-3110764556dpl:CostSales2023-06-012024-03-3110764556dpl:DistributionCosts2023-06-012024-03-3110764556core:LandBuildings2023-06-012024-03-3110764556core:PlantMachinery2023-06-012024-03-3110764556core:Vehicles2023-06-012024-03-3110764556core:FurnitureFittings2023-06-012024-03-3110764556core:OfficeEquipment2023-06-012024-03-3110764556dpl:AdministrativeExpenses2023-06-012024-03-3110764556core:NetGoodwill2023-06-012024-03-3110764556core:IntangibleAssetsOtherThanGoodwill2023-06-012024-03-3110764556dpl:GroupUndertakings2023-06-012024-03-3110764556dpl:ParticipatingInterests2023-06-012024-03-3110764556dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-03-3110764556core:ListedExchangeTraded2023-06-012024-03-3110764556dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-03-3110764556core:UnlistedNon-exchangeTraded2023-06-012024-03-3110764556core:NetGoodwill2025-03-3110764556core:IntangibleAssetsOtherThanGoodwill2025-03-3110764556core:LandBuildings2025-03-3110764556core:PlantMachinery2025-03-3110764556core:Vehicles2025-03-3110764556core:FurnitureFittings2025-03-3110764556core:OfficeEquipment2025-03-3110764556core:AfterOneYear2025-03-3110764556core:WithinOneYear2025-03-3110764556core:ListedExchangeTraded2025-03-3110764556core:UnlistedNon-exchangeTraded2025-03-3110764556core:ShareCapital2025-03-3110764556core:SharePremium2025-03-3110764556core:RevaluationReserve2025-03-3110764556core:OtherReservesSubtotal2025-03-3110764556core:RetainedEarningsAccumulatedLosses2025-03-3110764556core:NetGoodwill2024-03-3110764556core:IntangibleAssetsOtherThanGoodwill2024-03-3110764556core:LandBuildings2024-03-3110764556core:PlantMachinery2024-03-3110764556core:Vehicles2024-03-3110764556core:FurnitureFittings2024-03-3110764556core:OfficeEquipment2024-03-3110764556core:AfterOneYear2024-03-3110764556core:WithinOneYear2024-03-3110764556core:ListedExc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Wrap and Pack Ltd

Registered Number
10764556
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2025

Wrap and Pack Ltd
Company Information
for the year from 1 April 2024 to 31 March 2025

Director

Jash Pandya

Registered Address

231 Kenton Road
Harrow
HA3 0HD

Registered Number

10764556 (England and Wales)
Wrap and Pack Ltd
Statement of Financial Position
31 March 2025

Notes

2025

2024

£

£

£

£

Fixed assets
Tangible assets432,45038,286
Investments5377,774375,399
410,224413,685
Current assets
Stocks63,700,0001,920,000
Debtors73,118,7692,089,077
Cash at bank and on hand49,88373,004
6,868,6524,082,081
Creditors amounts falling due within one year8(4,453,253)(2,619,061)
Net current assets (liabilities)2,415,3991,463,020
Total assets less current liabilities2,825,6231,876,705
Creditors amounts falling due after one year9(11,670)(21,667)
Provisions for liabilities10(8,113)(9,571)
Net assets2,805,8401,845,467
Capital and reserves
Called up share capital100100
Profit and loss account2,805,7401,845,367
Shareholders' funds2,805,8401,845,467
The financial statements were approved and authorised for issue by the Director on 22 July 2025, and are signed on its behalf by:
Jash Pandya
Director
Registered Company No. 10764556
Wrap and Pack Ltd
Notes to the Financial Statements
for the year ended 31 March 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
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.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery25
Office Equipment15
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20252024
Average number of employees during the year55
3.Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
4.Tangible fixed assets

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 April 2465,03913,37578,414
Additions-4,1474,147
At 31 March 2565,03917,52282,561
Depreciation and impairment
At 01 April 2434,8395,28940,128
Charge for year7,5512,4329,983
At 31 March 2542,3907,72150,111
Net book value
At 31 March 2522,6499,80132,450
At 31 March 2430,2008,08638,286
5.Fixed asset investments

Other investments1

Total

££
Cost or valuation
At 01 April 24375,399375,399
Additions2,3752,375
At 31 March 25377,774377,774
Net book value
At 31 March 25377,774377,774
At 31 March 24375,399375,399

Notes

1Other investments other than loans
6.Stocks

2025

2024

££
Finished goods3,700,0001,920,000
Total3,700,0001,920,000
7.Debtors: amounts due within one year

2025

2024

££
Trade debtors / trade receivables3,031,2382,066,984
Other debtors79,182-
Prepayments and accrued income8,34922,093
Total3,118,7692,089,077
8.Creditors: amounts due within one year

2025

2024

££
Trade creditors / trade payables2,349,5262,093,000
Bank borrowings and overdrafts1,546,295-
Taxation and social security519,965486,614
Other creditors28,46739,447
Accrued liabilities and deferred income9,000-
Total4,453,2532,619,061
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
9.Creditors: amounts due after one year

2025

2024

££
Bank borrowings and overdrafts11,67021,667
Total11,67021,667
Long term creditors of £11,670 (2024: £21,667) payable of Bounce Back Loan.
10.Provisions for liabilities

2025

2024

££
Net deferred tax liability (asset)8,1139,571
Total8,1139,571