Company Registration No. 09163257 (England and Wales)
GRANGE PACKING SOLUTIONS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
GRANGE PACKING SOLUTIONS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
GRANGE PACKING SOLUTIONS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
664,338
746,227
Current assets
Stocks
15,725
24,814
Debtors
5
265,140
425,172
Cash at bank and in hand
21,369
11,633
302,234
461,619
Creditors: amounts falling due within one year
6
(627,774)
(976,634)
Net current liabilities
(325,540)
(515,015)
Total assets less current liabilities
338,798
231,212
Creditors: amounts falling due after more than one year
7
(722,208)
(512,069)
Net liabilities
(383,410)
(280,857)
Capital and reserves
Called up share capital
8
100
100
Profit and loss reserves
(383,510)
(280,957)
Total equity
(383,410)
(280,857)

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

GRANGE PACKING SOLUTIONS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 9 October 2025 and are signed on its behalf by:
Mr B L Sanghavi
Director
Company Registration No. 09163257
GRANGE PACKING SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Grange Packing Solutions Limited is a private company limited by shares incorporated in England and Wales. The registered office is Suites C,D,E, & F, 14th Floor The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
15% reducing balance
Fixtures & fittings
15% reducing balance
Office equipment
15% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

GRANGE PACKING SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

GRANGE PACKING SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more or a right to pay less tax.

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

GRANGE PACKING SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 6 -
1.12
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
55
55
GRANGE PACKING SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -
4
Tangible fixed assets
Plant and machinery
Fixtures & fittings
Office equipment
Total
£
£
£
£
Cost
At 1 April 2024
2,589,795
255,164
340,622
3,185,581
Additions
20,020
11,595
1,097
32,712
At 31 March 2025
2,609,815
266,759
341,719
3,218,293
Depreciation and impairment
At 1 April 2024
1,906,878
232,452
300,024
2,439,354
Depreciation charged in the year
104,440
3,986
6,175
114,601
At 31 March 2025
2,011,318
236,438
306,199
2,553,955
Carrying amount
At 31 March 2025
598,497
30,321
35,520
664,338
At 31 March 2024
682,917
22,712
40,598
746,227
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
230,053
392,661
Other debtors
35,087
32,511
265,140
425,172
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdraft
237,217
363,495
Trade creditors
265,843
446,820
Other taxation and social security
84,776
54,927
Other creditors
39,938
111,392
627,774
976,634

The company has banking facilities with Yorkshire Bank, which are secured by a cross guarantee over the assets and property of the group and a debenture creating a fixed and floating charge over the assets of the company.

GRANGE PACKING SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 8 -
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loan
7,650
17,769
Amounts due to group undertakings
705,264
473,744
Other creditors
9,294
20,556
722,208
512,069

8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
2025-03-31 2024-04-01 false false false 09 October 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr B L Sanghavi Mr H K Patel 09163257 2024-04-01 2025-03-31 09163257 2025-03-31 09163257 2024-03-31 09163257 core:PlantMachinery 2025-03-31 09163257 core:FurnitureFittings 2025-03-31 09163257 core:ComputerEquipment 2025-03-31 09163257 core:PlantMachinery 2024-03-31 09163257 core:FurnitureFittings 2024-03-31 09163257 core:ComputerEquipment 2024-03-31 09163257 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 09163257 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09163257 core:CurrentFinancialInstruments 2025-03-31 09163257 core:CurrentFinancialInstruments 2024-03-31 09163257 core:Non-currentFinancialInstruments 2025-03-31 09163257 core:Non-currentFinancialInstruments 2024-03-31 09163257 core:ShareCapital 2025-03-31 09163257 core:ShareCapital 2024-03-31 09163257 core:RetainedEarningsAccumulatedLosses 2025-03-31 09163257 core:RetainedEarningsAccumulatedLosses 2024-03-31 09163257 core:ShareCapitalOrdinaryShareClass1 2025-03-31 09163257 core:ShareCapitalOrdinaryShareClass1 2024-03-31 09163257 bus:Director1 2024-04-01 2025-03-31 09163257 core:PlantMachinery 2024-04-01 2025-03-31 09163257 core:FurnitureFittings 2024-04-01 2025-03-31 09163257 core:ComputerEquipment 2024-04-01 2025-03-31 09163257 2023-04-01 2024-03-31 09163257 core:PlantMachinery 2024-03-31 09163257 core:FurnitureFittings 2024-03-31 09163257 core:ComputerEquipment 2024-03-31 09163257 2024-03-31 09163257 core:WithinOneYear 2025-03-31 09163257 core:WithinOneYear 2024-03-31 09163257 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 09163257 bus:OrdinaryShareClass1 2025-03-31 09163257 bus:OrdinaryShareClass1 2024-03-31 09163257 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09163257 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09163257 bus:FRS102 2024-04-01 2025-03-31 09163257 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09163257 bus:Director2 2024-04-01 2025-03-31 09163257 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP