Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01 The principal activity of the company during the year was that of manufacturing, installation, commissioning and servicing of packaged pump stations.41 false 40 true true false 06179071 2024-04-01 2025-03-31 06179071 2023-04-01 2024-03-31 06179071 2025-03-31 06179071 2024-03-31 06179071 c:Director1 2024-04-01 2025-03-31 06179071 d:Buildings 2024-04-01 2025-03-31 06179071 d:Buildings 2025-03-31 06179071 d:Buildings 2024-03-31 06179071 d:Buildings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06179071 d:PlantMachinery 2024-04-01 2025-03-31 06179071 d:PlantMachinery 2025-03-31 06179071 d:PlantMachinery 2024-03-31 06179071 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06179071 d:MotorVehicles 2024-04-01 2025-03-31 06179071 d:MotorVehicles 2025-03-31 06179071 d:MotorVehicles 2024-03-31 06179071 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06179071 d:FurnitureFittings 2024-04-01 2025-03-31 06179071 d:FurnitureFittings 2025-03-31 06179071 d:FurnitureFittings 2024-03-31 06179071 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06179071 d:OfficeEquipment 2024-04-01 2025-03-31 06179071 d:OfficeEquipment 2025-03-31 06179071 d:OfficeEquipment 2024-03-31 06179071 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06179071 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06179071 d:Goodwill 2025-03-31 06179071 d:Goodwill 2024-03-31 06179071 d:CopyrightsPatentsTrademarksServiceOperatingRights 2025-03-31 06179071 d:CopyrightsPatentsTrademarksServiceOperatingRights 2024-03-31 06179071 d:CurrentFinancialInstruments 2025-03-31 06179071 d:CurrentFinancialInstruments 2024-03-31 06179071 d:Non-currentFinancialInstruments 2025-03-31 06179071 d:Non-currentFinancialInstruments 2024-03-31 06179071 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 06179071 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06179071 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 06179071 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 06179071 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-31 06179071 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 06179071 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 06179071 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 06179071 d:ShareCapital 2025-03-31 06179071 d:ShareCapital 2024-03-31 06179071 d:OtherMiscellaneousReserve 2024-04-01 2025-03-31 06179071 d:OtherMiscellaneousReserve 2025-03-31 06179071 d:OtherMiscellaneousReserve 2024-03-31 06179071 d:RetainedEarningsAccumulatedLosses 2025-03-31 06179071 d:RetainedEarningsAccumulatedLosses 2024-03-31 06179071 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 06179071 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 06179071 d:RetirementBenefitObligationsDeferredTax 2025-03-31 06179071 d:RetirementBenefitObligationsDeferredTax 2024-03-31 06179071 c:OrdinaryShareClass1 2024-04-01 2025-03-31 06179071 c:OrdinaryShareClass1 2025-03-31 06179071 c:OrdinaryShareClass1 2024-03-31 06179071 c:FRS102 2024-04-01 2025-03-31 06179071 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06179071 c:FullAccounts 2024-04-01 2025-03-31 06179071 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06179071 d:WithinOneYear 2025-03-31 06179071 d:WithinOneYear 2024-03-31 06179071 d:BetweenOneFiveYears 2025-03-31 06179071 d:BetweenOneFiveYears 2024-03-31 06179071 6 2024-04-01 2025-03-31 06179071 d:Goodwill d:OwnedIntangibleAssets 2024-04-01 2025-03-31 06179071 d:CopyrightsPatentsTrademarksServiceOperatingRights d:OwnedIntangibleAssets 2024-04-01 2025-03-31 06179071 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 06179071 PACKAGED PUMPS SYSTEMS LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
PACKAGED PUMPS SYSTEMS LIMITED REGISTERED NUMBER: 06179071 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 30,419 |  | 90,625
Tangible assets | 5 |  | 120,364 |  | 178,827
Investments |  |  | 1 |  | 1
|  |  | 150,784 |  | 269,453
Current assets |  |  |  |  |
Stocks |  | 551,203 |  | 376,691 |
Debtors: amounts falling due within one year | 6 | 716,794 |  | 1,425,654 |
Cash at bank and in hand |  | 46,424 |  | 173,852 |
|  | 1,314,421 |  | 1,976,197 |
Creditors: amounts falling due within one year |  | (970,167) |  | (1,912,132) |
Net current assets |  |  | 344,254 |  | 64,065
Total assets less current liabilities |  |  | 495,038 |  | 333,518
Creditors: amounts falling due after more than one year | 7 |  | (131,142) |  | (266,883)
Provisions for liabilities |  |  |  |  |
Deferred tax | 9 | - |  | (87) |
|  |  | - |  | (87)
Net assets |  |  | 363,896 |  | 66,548
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 100 |  | 100
Other reserves | 11 |  | 253,000 |  | 253,000
Profit and loss account | 11 |  | 110,796 |  | (186,552)
|  |  | 363,896 |  | 66,548
Page 1
PACKAGED PUMPS SYSTEMS LIMITED REGISTERED NUMBER: 06179071 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and 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 director acknowledges his 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 have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
I Davis
Director
Date: 4 December 2025
The notes on pages 3 to 11 form part of these financial statements. Page 2
PACKAGED PUMPS SYSTEMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
The company is a private company limited by shares and is incorporated in England and Wales. The address of its Registered Office is Causeway House, 1 Dane Street, Bishop's Stortford, Hertfordshire, CM23 3BT. The trading address of the company is Unit 12 Haslemere Industrial Estate, Pig Lane, Bishop's Stortford, Hertfordshire, CM23 3HG. The company is the parent company within a small group. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
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. The following principal accounting policies have been applied:
| 2.2 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: Sale of goods Turnover from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. Rendering of services Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Page 3
PACKAGED PUMPS SYSTEMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.3 | Intangible assets and amortisation
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of its identifiable assets and liabilities. It is amortised in the Statement of Income and Retained Earnings over its estimated economic life. As there was no open market for the Intellectual Property Rights, the valuation of the rights was completed by the director based on their future economic value. The director has estimated the Intellectual Property Rights to have a useful life of five years. The asset will therefore be amortised in the Statement of Income and Retained Earnings over five years in line with the director's estimation of its useful life.
| 2.4 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | L/Term Freehold property | - | 25% |
|  |  |  | Plant and machinery | - | 25% |
|  |  |  | Motor vehicles | - | 25% |
|  |  |  | Fixtures and fittings | - | 25% |
|  |  |  | Office equipment | - | 25% |
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income and Retained Earnings.
| 2.5 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.6 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Statement of Income and Retained Earnings. Page 4
PACKAGED PUMPS SYSTEMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.8 | Creditors
Short-term creditors are measured at the transaction price.
| 2.9 | Foreign currencies
The Company's functional and presentational currency is GBP. Monetary assets and liabilities denominated in foreign countries are translated into sterling at rates of exchange ruling at the balance sheet date. Transactions in foreign countries are translated into sterling at the rate ruling on the date of the transaction. Exchange gains and losses are recognised in the Statement of Income and Retained Earnings.
| 2.10 | Finance costs
Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.11 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to the Statement of Income and Retained Earnings on a straight-line basis over the lease term.
| 2.12 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in the Statement of Income and Retained Earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.13 | Research and development
Research and development costs are fully written off in the year of the expenditure. Page 5
PACKAGED PUMPS SYSTEMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.14 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3. | Employees
| The average monthly number of employees, including directors, during the year was 41 (2024 - 40).
Page 6
PACKAGED PUMPS SYSTEMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Intangible assets
|  | Trademarks | Goodwill | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 April 2024 | 301,030 | 40,000 | 341,030
| At 31 March 2025 | 301,030 | 40,000 | 341,030
| Amortisation |  |  |
| At 1 April 2024 | 210,405 | 40,000 | 250,405
| Charge for the year on owned assets | 60,206 | - | 60,206
| At 31 March 2025 | 270,611 | 40,000 | 310,611
| Net book value |  |  |
| At 31 March 2025 | 30,419 | - | 30,419
| At 31 March 2024 | 90,625 | - | 90,625
Page 7
PACKAGED PUMPS SYSTEMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Tangible fixed assets
|  | Leasehold property | Plant and machinery | Motor vehicles | Fixtures and fittings | Office equipment
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 April 2024 | 389,151 | 35,185 | 52,399 | 65,412 | 85,713
| Additions | - | 165 | 11,250 | 3,376 | 9,264
| At 31 March 2025 | 389,151 | 35,350 | 63,649 | 68,788 | 94,977
| Depreciation |  |  |  |  |
| At 1 April 2024 | 258,270 | 29,941 | 36,948 | 56,117 | 67,757
| Charge for the year on owned assets | 67,411 | 1,318 | 5,855 | 2,543 | 5,391
| At 31 March 2025 | 325,681 | 31,259 | 42,803 | 58,660 | 73,148
| Net book value |  |  |  |  |
| At 31 March 2025 | 63,470 | 4,091 | 20,846 | 10,128 | 21,829
| At 31 March 2024 | 130,881 | 5,244 | 15,451 | 9,295 | 17,956
|  | Total
|  | £
| Cost or valuation |
| At 1 April 2024 | 627,860
| Additions | 24,055
| At 31 March 2025 | 651,915
| Depreciation |
| At 1 April 2024 | 449,033
| Charge for the year on owned assets | 82,518
| At 31 March 2025 | 531,551
| Net book value |
| At 31 March 2025 | 120,364
| At 31 March 2024 | 178,827
Page 8
PACKAGED PUMPS SYSTEMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 315,458 | 1,297,679
| Amounts owed by group undertakings | 57,700 | 55,225
| Other debtors | 212,556 | 15,104
| Prepayments and accrued income | 116,905 | 57,646
| Deferred taxation | 14,175 | -
|  | 716,794 | 1,425,654
7. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 122,960 | 222,769
| Net obligations under finance leases and hire purchase contracts | 8,182 | -
| Accruals and deferred income | - | 44,114
|  | 131,142 | 266,883
8. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 117,461 | 103,624
| Amounts falling due 1-2 years |  |
| Bank loans | 105,269 | 99,809
| Amounts falling due 2-5 years |  |
| Bank loans | 17,691 | 122,960
|  | 240,421 | 326,393
Page 9
PACKAGED PUMPS SYSTEMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (87)
| Charged to profit or loss | 14,262
| At end of year | 14,175
| The deferred taxation balance is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | 13,758 | (1,924)
| Pension surplus | 417 | 1,837
|  | 14,175 | (87)
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
11. | Reserves
Capital Contribution Reserve The Capital Contribution Reserve reflects the gift of Intellectual Property Rights from the director, Mr I Davis in March 2020.
12. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £44,105 (2024 - £43,115). Contributions totalling £1,667 (2024 - £7,598) were payable to the fund at the balance sheet date and are included in creditors. Page 10
PACKAGED PUMPS SYSTEMS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
13. | Commitments under operating leases
| At 31 March 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | 354,110 | 292,088
| Later than 1 year and not later than 5 years | 916,945 | 1,105,925
|  | 1,271,055 | 1,398,013
14. | Related party transactions
| At the year end, the company had the following balances outstanding. The amounts due to the directors is repayable on demand.
|  | 2025 | 2024
|  | £ | £
| Amount due from subsidiary company | 57,700 | 55,225
| Amount due from/(to) directors | 86,101 | (17,054)
|  | 143,801 | 38,171
Page 11