REGISTERED NUMBER: 09639432

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Packaging Solutions Global Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Davis

GW Davis

REGISTERED OFFICE:

c/o ABC Accounting Services

1 Willoughton Place

Wharton Close

Gainsborough

Lincolnshire

DN21 1EB

REGISTERED NUMBER:

09639432

ACCOUNTANTS:

ABC Accounting Services

1 Willoughton Place

Wharton Close

Gainsborough

Lincolnshire

DN21 1EB

FIXED ASSETS

Tangible assets

4

20,198

17,788

CURRENT ASSETS

Debtors

5

7,853

68,398

Cash at bank

83,809

51,040

91,662

119,438

CREDITORS

Amounts falling due within one year

6

38,057

43,736

NET CURRENT ASSETS

53,605

75,702

TOTAL ASSETS LESS CURRENT LIABILITIES

73,803

93,490

CREDITORS

Amounts falling due after more than one year

7

(4,885

)

(12,459

)

PROVISIONS FOR LIABILITIES

(3,837

)

(3,380

)

NET ASSETS

65,081

77,651

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

65,078

77,648

SHAREHOLDERS' FUNDS

65,081

77,651

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 13 October 2025 and were signed on its behalf by:

M A Davis - Director

1.	STATUTORY INFORMATION

Packaging Solutions Global Limited is a private company, limited by shares , registered in Not specified/Other. 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 represents the invoiced amount for engineering services rendered. The company operates the flat rate scheme for value added tax purposes.

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

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on 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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2024

4,481

30,950

2,127

37,558

Additions

1,145

23,770

-

24,915

Disposals

-

(30,950

)

-

(30,950

)

At 30 June 2025

5,626

23,770

2,127

31,523

DEPRECIATION

At 1 July 2024

3,673

15,104

993

19,770

Charge for year

489

5,943

227

6,659

Eliminated on disposal

-

(15,104

)

-

(15,104

)

At 30 June 2025

4,162

5,943

1,220

11,325

NET BOOK VALUE

At 30 June 2025

1,464

17,827

907

20,198

At 30 June 2024

808

15,846

1,134

17,788

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

6,588

-

Loan

500

68,000

Prepayments

765

398

7,853

68,398

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

7,500

7,500

Credit card

293

362

Tax

16,345

20,583

Social security and other taxes

12,907

14,290

Directors' current accounts

52

41

Accrued expenses

960

960

38,057

43,736

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans - 2-5 years

4,885

12,459

8.	ULTIMATE CONTROLLING PARTY

The directors exert control over the company by virtue of their own and family member's shareholding. At the year end the company owed the directors £52, (2024, £41).