1 January 2024 true Taxfiler 2024.6 SC684033 business:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC684033 2023-12-31 SC684033 business:EntityHasNeverTraded 2024-01-01 2024-12-31 SC684033 2024-01-01 2024-12-31 SC684033 business:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC684033 business:AbridgedAccounts 2024-01-01 2024-12-31 SC684033 2024-12-31 SC684033 business:Director1 2024-01-01 2024-12-31 SC684033 business:RegisteredOffice 2024-01-01 2024-12-31 SC684033 2023-12-31 SC684033 core:WithinOneYear 2024-12-31 SC684033 core:WithinOneYear 2023-12-31 SC684033 core:AfterOneYear 2024-12-31 SC684033 core:AfterOneYear 2023-12-31 SC684033 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 SC684033 core:ShareCapital core:PreviouslyStatedAmount 2023-12-31 SC684033 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 SC684033 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-12-31 SC684033 core:PreviouslyStatedAmount 2024-12-31 SC684033 core:PreviouslyStatedAmount 2023-12-31 SC684033 business:SmallEntities 2024-01-01 2024-12-31 SC684033 countries:Scotland 2024-01-01 2024-12-31 SC684033 core:PlantMachinery 2024-01-01 2024-12-31 SC684033 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC684033 (Scotland)
UPAC 6129 Limited Unaudited accounts for the year ended 31 December 2024
UPAC 6129 Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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UPAC 6129 Limited Company Information for the year ended 31 December 2024
Director
Chris Thomas Kelly
Company Number
SC684033 (Scotland)
Registered Office
133 BARFILLAN DRIVE GLASGOW G52 1BY UNITED KINGDOM
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UPAC 6129 Limited Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
5
315,575
364,450
Investments
693,700
35,000
1,009,275
399,450
Current assets
Inventories
1,557,521
1,838,473
Debtors
4,780,863
4,885,370
Cash at bank and in hand
43,018
108,953
6,381,402
6,832,796
Creditors: amounts falling due within one year
(2,436,400)
(3,086,400)
Net current assets
3,945,002
3,746,396
Total assets less current liabilities
4,954,277
4,145,846
Creditors: amounts falling due after more than one year
(45,479)
(72,766)
Net assets
4,908,798
4,073,080
Capital and reserves
Called up share capital
1,485,000
1,485,000
Profit and loss account
3,423,798
2,588,080
Shareholders' funds
4,908,798
4,073,080
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2025 and were signed on its behalf by
Chris Thomas Kelly Director Company Registration No. SC684033
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UPAC 6129 Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
UPAC 6129 Limited is a private company, limited by shares, registered in Scotland, registration number SC684033. The registered office is 133 BARFILLAN DRIVE, GLASGOW, G52 1BY, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 Year Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total
£
Cost
At 1 January 2024
928,577
At 31 December 2024
928,577
Amortisation
At 1 January 2024
928,577
At 31 December 2024
928,577
Net book value
At 31 December 2024
-
Goodwill created by the formation of UPAC 6129 Limited was removed on the removal of Lothian Labels Limited - 411131(Scotland) from the group.
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UPAC 6129 Limited Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Total
£
Cost or valuation
At 1 January 2024
956,510
Additions
271,850
Disposals
(60,125)
At 31 December 2024
1,168,235
Depreciation
At 1 January 2024
592,060
Charge for the year
311,475
On disposals
(50,875)
At 31 December 2024
852,660
Net book value
At 31 December 2024
315,575
At 31 December 2023
364,450
6
Controlling party
UPAC 6129 Limited is the ultimate holding Company of the UPAC Group. UPAC 6129 Limited holds 100% of the shares in The UPAC Group - 684033 (Scotland) which in turn holds 100% of the shares in the following companies which have formed the basis of these consolidated statements. W&M Watson Packaging Limited - 349366 (Scotland)
7
Average number of employees
During the year the average number of employees was 56 (2023: 50).
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