REGISTERED NUMBER: NI069132 (Northern Ireland)

D C Packaging Tapes Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs G Colhoun

Mr D Colhoun

Mrs J Turkington

SECRETARY:

Mrs G Colhoun

REGISTERED OFFICE:

Unit 17-19 Avondale Business Park

Ballyclare

Co. Antrim

BT39 9EB

REGISTERED NUMBER:

NI069132 (Northern Ireland)

ACCOUNTANTS:

Agnew Mitchell & Cairns

184 Rashee Road

Ballyclare

Co. Antrim

BT39 9JB

FIXED ASSETS

Tangible assets

4

2,483

3,311

CURRENT ASSETS

Stocks

243,577

245,499

Debtors

5

388,374

364,695

Cash at bank and in hand

372,341

395,963

1,004,292

1,006,157

CREDITORS

Amounts falling due within one year

6

501,197

537,230

NET CURRENT ASSETS

503,095

468,927

TOTAL ASSETS LESS CURRENT LIABILITIES

505,578

472,238

PROVISIONS FOR LIABILITIES

621

604

NET ASSETS

504,957

471,634

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

504,955

471,632

SHAREHOLDERS' FUNDS

504,957

471,634

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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

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 19 September 2025 and were signed on its behalf by:

Mr D Colhoun - Director

Mrs G Colhoun - Director

1.	STATUTORY INFORMATION

D C Packaging Tapes Limited is a private company, limited by shares , registered in Northern Ireland. 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 consideration received or receivable, 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

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current 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 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.

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 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

24,394

DEPRECIATION

At 1 April 2024

21,083

Charge for year

828

At 31 March 2025

21,911

NET BOOK VALUE

At 31 March 2025

2,483

At 31 March 2024

3,311

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

383,253

364,642

Other debtors

5,121

53

388,374

364,695

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

388,925

374,870

Taxation and social security

91,816

125,675

Other creditors

20,456

36,685

501,197

537,230

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

35,896

40,571

Between one and five years

25,082

59,624

60,978

100,195