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Registered number: 02758321
Empac Limited
Unaudited
Directors' report and financial statements
For the year ended 31 December 2024
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Empac Limited
Company Information
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M Hirst (appointed 21 August 2025)
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EBS Corporate Services Limited
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Empac Limited
Contents
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Directors' responsibilities statement
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Statement of income and retained earnings
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Notes to the financial statements
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Empac Limited
Directors' report
For the year ended 31 December 2024
The directors present their report and the financial statements for the year ended 31 December 2024.
The principal activity of the company was the provision of consultancy services to Neville & More Limited, a wholly owned subsidiary, whose principal activity is that of packaging supplies. The company is now dormant
The profit for the year, after taxation, amounted to £NIL (2023 - £NIL).
The directors who served during the year were:
Mrs B K Mathews (resigned 19 January 2024)
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D J Mccarthy (resigned 30 August 2024)
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S D Jamroz (appointed 19 January 2024)
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M O'Bryan (appointed 2 September 2024)
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This report was approved by the board and signed on its behalf.
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S D Jamroz
Director
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Page 1
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Empac Limited
Directors' responsibilities statement
For the year ended 31 December 2024
The directors are responsible for preparing the Directors' report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 2
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Empac Limited
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Empac Limited for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Empac Limited for the year ended 31 December 2024 which comprise the Statement of income and retained earnings, the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.
This report is made solely to the Board of directors of Empac Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Empac Limited and state those matters that we have agreed to state to the Board of directors of Empac Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Empac Limited and its Board of directors, as a body, for our work or for this report.
It is your duty to ensure that Empac Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of Empac Limited. You consider that Empac Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or review of the financial statements of Empac Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Kreston Reeves LLP
Chartered Accountants
9 Donnington Park
85 Birdham Road
Chichester
West Sussex
PO20 7AJ
27 November 2025
Page 3
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Empac Limited
Statement of income and retained earnings
For the year ended 31 December 2024
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Retained earnings at the beginning of the year
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Retained earnings at the end of the year
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The notes on pages 6 to 8 form part of these financial statements.
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Page 4
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Empac Limited
Registered number: 02758321
Balance sheet
As at 31 December 2024
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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For the year ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.
The members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
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.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
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S D Jamroz
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The notes on pages 6 to 8 form part of these financial statements.
Page 5
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Empac Limited
Notes to the financial statements
For the year ended 31 December 2024
The company is a private company limited by share capital incorporated in England and Wales, registered
number: 02758321.
The registered address is Innovation Centre, Gallows Hill, Warwick CV34 6UW, United Kingdom.
The principal place of business is Units 15 and 20-21 Oakhurst Business Park, Southwater, Horsham, West Sussex RH13 9RT, United Kingdom.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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.
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Financial Reporting Standard 102 - reduced disclosure exemptions
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The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d).
This information is included in the consolidated financial statements of Tricorbraun Limited as at 31 December 2024 and these financial statements may be obtained from Companies House.
Investments in subsidiaries are measured at cost less accumulated impairment.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for
Page 6
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Empac Limited
Notes to the financial statements
For the year ended 31 December 2024
2.Accounting policies (continued)
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Financial instruments (continued)
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impairment, 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.
Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
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Investments in subsidiary companies
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The following was a subsidiary undertaking of the Company:
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Innovation Centre, Gallows Hill, Warwick, United Kingdom, CV34 6UW
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Amounts owed by group undertakings
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Page 7
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Empac Limited
Notes to the financial statements
For the year ended 31 December 2024
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Creditors: Amounts falling due within one year
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Amounts owed to group undertakings
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Accruals and deferred income
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Page 8
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