REGISTERED NUMBER: 14859620 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

K Pak Logistic Services Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Fielden

Ms S Morgan

REGISTERED OFFICE:

Unit 21 Liongate Enterprise Park

80 Morden Road

Mitcham

Surrey

CR4 4NY

REGISTERED NUMBER:

14859620 (England and Wales)

ACCOUNTANTS:

Ampersand Partnership Limited

Chancery House

41a Hanger Hill

Weybridge

Surrey

KT13 9XZ

FIXED ASSETS

Investments

4

2,094,722

2,094,722

CURRENT ASSETS

Debtors

19,800

31,637

Cash at bank

3,576

16,164

23,376

47,801

CREDITORS

Amounts falling due within one year

894,349

596,710

NET CURRENT LIABILITIES

(870,973

)

(548,909

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,223,749

1,545,813

CREDITORS

Amounts falling due after more than one year

5

1,154,402

1,420,066

NET ASSETS

69,347

125,747

CAPITAL AND RESERVES

Called up share capital

157,318

157,318

Retained earnings

(87,971

)

(31,571

)

SHAREHOLDERS' FUNDS

69,347

125,747

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 11 September 2025 and were signed on its behalf by:

J Fielden - Director

1.	STATUTORY INFORMATION

K Pak Logistic Services Ltd 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.

At the balance sheet date the company had net current liabilities of £870,973 (2023: £548,909). The financial statements have been prepared on the going concern basis which assumes that the company will continue as a going concern for the foreseeable future. The validity of this assumption depends on the continuing support of the company creditors to provide adequate financial support and by not seeking repayment of amounts owed to them. The directors have no reason to believe this support is not forthcoming and accordingly believe it appropriate to prepare the financial statements on the going concern basis.

Preparation of consolidated financial statements

The financial statements contain information about K Pak Logistic Services Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

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.

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and trade discounts. Revenue received is recognised in the period that the service is provided, with appropriate provisions for accrued and deferred income.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 January 2024

and 31 December 2024

2,094,722

NET BOOK VALUE

At 31 December 2024

2,094,722

At 31 December 2023

2,094,722

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.12.24

31.12.23

£

£

Repayable by instalments

Other loans more 5yrs instal

663,938

929,602

6.	ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no ultimate controlling party.