NO.4 Packman Lane Limited


Director	Mrs E Skipsey


Registered Address	4 Packman Lane
	Kirk Ella
	Hull
	HU10 7TL


Registered Number	12216423 (England and Wales)

Statement of Financial Position
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		219		522
			219		522
Current assets
Stocks	4	5,000		5,000
Debtors	5	1,849		7,170
Cash at bank and on hand		12,182		4,401
		19,031		16,571
Creditors amounts falling due within one year	6	(17,929)		(13,416)
Net current assets (liabilities)			1,102		3,155
Total assets less current liabilities			1,321		3,677
Creditors amounts falling due after one year	7		-		(3,518)
Net assets			1,321		159
Capital and reserves
Called up share capital			100		100
Profit and loss account			1,221		59
Shareholders' funds			1,321		159

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 23 October 2025, and are signed on its behalf by:

Mrs E Skipsey
Director
Registered Company No. 12216423

NO.4 Packman Lane Limited

Notes to the Financial Statements
for the year ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	4

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	4		4

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 October 24	1,212	1,212
At 30 September 25	1,212	1,212
Depreciation and impairment
At 01 October 24	690	690
Charge for year	303	303
At 30 September 25	993	993
Net book value
At 30 September 25	219	219
At 30 September 24	522	522

4.	Stocks

	2025	2024
	£	£
Finished goods	5,000	5,000
Total	5,000	5,000

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Amounts owed by associates and joint ventures / participating interests	-	4,712
Other debtors	1,849	2,458
Total	1,849	7,170


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	2,130	1,179
Bank borrowings and overdrafts	3,518	5,170
Amounts owed to related parties	95	-
Taxation and social security	12,029	6,899
Other creditors	157	168
Total	17,929	13,416


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Included within Bank borrowings and overdrafts is a Government Bounce Back loan totalling £3,518 (2024 £5,170) which is denominated in sterling. There are no fees or interest payable for the first 12 months, and thereafter the loan carries a nominal interest rate of 2.5%. The loan is repayable over 6 years, with no repayments in the first year, and with the final instalment due in May 2026.

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Included within Bank borrowings and overdrafts is a Government Bounce Back loan totalling £3,518 (2024 £5,170) which is denominated in sterling. There are no fees or interest payable for the first 12 months, and thereafter the loan carries a nominal interest rate of 2.5%. The loan is repayable over 6 years, with no repayments in the first year, and with the final instalment due in May 2026.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	3,518
Total	-	3,518


	Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Included within Bank borrowings and overdrafts is a Government Bounce Back loan totalling £nil (2024 £3,518) which is denominated in sterling. There are no fees or interest payable for the first 12 months, and thereafter the loan carries a nominal interest rate of 2.5%. The loan is repayable over 6 years, with no repayments in the first year, and with the final instalment due in May 2026. The overall carrying value of the loan as at the year-end is £3,518 (2024 £8,688).

Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Included within Bank borrowings and overdrafts is a Government Bounce Back loan totalling £nil (2024 £3,518) which is denominated in sterling. There are no fees or interest payable for the first 12 months, and thereafter the loan carries a nominal interest rate of 2.5%. The loan is repayable over 6 years, with no repayments in the first year, and with the final instalment due in May 2026.

The overall carrying value of the loan as at the year-end is £3,518 (2024 £8,688).

8.	Operating lease commitments
	At the year end, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £9,500 (2024 £19,000).

9.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
Mrs E Skipsey	4,712	0	4,712	0
	4,712	0	4,712	0


	The loan is interest free and repayable on demand.