REGISTERED NUMBER: 01056603 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Faspak (Containers) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D E Webber

REGISTERED OFFICE:

Unit 6 Ashville Close

Queens Drive Induustrial Estate

Nottingham

NG2 1LL

REGISTERED NUMBER:

01056603 (England and Wales)

ACCOUNTANTS:

Smith Cookson

Chartered Accountants

4 Yorke Street

Hucknall

Nottinghamshire

NG15 7BT

FIXED ASSETS

Tangible assets

4

322,818

375,409

CURRENT ASSETS

Stocks

38,105

36,781

Debtors

5

500,826

413,239

Cash at bank and in hand

39,963

64,703

578,894

514,723

CREDITORS

Amounts falling due within one year

6

562,682

508,613

NET CURRENT ASSETS

16,212

6,110

TOTAL ASSETS LESS CURRENT LIABILITIES

339,030

381,519

CREDITORS

Amounts falling due after more than one year

7

(23,748

)

(48,098

)

PROVISIONS FOR LIABILITIES

(80,704

)

(95,576

)

NET ASSETS

234,578

237,845

CAPITAL AND RESERVES

Called up share capital

9,217

9,217

Revaluation reserve

10

-

5,176

Retained earnings

10

225,361

223,452

234,578

237,845

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 27 April 2026 and were signed by:

D E Webber - Director

1.	STATUTORY INFORMATION

Faspak (Containers) Limited is a private company, limited by shares , registered in England and Wales. 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to leasehold prop erties

-

20% on cost

Plant and machinery

-

at varying rates on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 12 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

leasehold

Fixtures

prop

Plant and

and

Motor

erties

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST OR VALUATION

At 1 August 2024

14,462

996,638

705

62,920

1,074,725

Additions

-

1,711

-

-

1,711

At 31 July 2025

14,462

998,349

705

62,920

1,076,436

DEPRECIATION

At 1 August 2024

14,462

653,984

485

30,385

699,316

Charge for year

-

37,186

141

16,975

54,302

At 31 July 2025

14,462

691,170

626

47,360

753,618

NET BOOK VALUE

At 31 July 2025

-

307,179

79

15,560

322,818

At 31 July 2024

-

342,654

220

32,535

375,409

Cost or valuation at 31 July 2025 is represented by:

Improvements

to

leasehold

Fixtures

prop

Plant and

and

Motor

erties

machinery

fittings

vehicles

Totals

£

£

£

£

£

Valuation in 2015

-

77,058

-

-

77,058

Cost

14,462

921,291

705

62,920

999,378

14,462

998,349

705

62,920

1,076,436

If plant and machinery had not been revalued it would have been included at the following historical cost:

31.7.25

31.7.24

£

£

Cost

921,291

919,580

Aggregate depreciation

618,080

584,429

Plant & machinery was valued on an open market basis on 31 July 2015 by the suppliers of the plant & machinery .

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST OR VALUATION

At 1 August 2024

and 31 July 2025

50,925

DEPRECIATION

At 1 August 2024

18,390

Charge for year

16,975

At 31 July 2025

35,365

NET BOOK VALUE

At 31 July 2025

15,560

At 31 July 2024

32,535

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

323,105

284,881

Amounts owed by group undertakings

144,972

95,942

Prepayments

32,749

32,416

500,826

413,239

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

16,958

18,500

Hire purchase contracts (see note 8)

7,392

7,392

Trade creditors

228,407

120,836

Corporation tax

38,640

22,571

Social security and other taxes

5,820

5,487

VAT

36,454

24,734

Other creditors

24,174

24,212

Wages control account

-

3,899

Invoice financing account

169,918

154,479

Directors' current accounts

1

2

Accruals and deferred income

34,918

126,501

562,682

508,613

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans - 1-2 years

-

16,958

Hire purchase contracts (see note 8)

23,748

31,140

23,748

48,098

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.7.25

31.7.24

£

£

Net obligations repayable:

Within one year

7,392

7,392

Between one and five years

23,748

31,140

31,140

38,532

Non-cancellable

operating leases

31.7.25

31.7.24

£

£

Within one year

114,425

-

Between one and five years

362,346

-

476,771

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Hire purchase contracts

31,140

38,532

Invoice financing

169,918

154,479

201,058

193,011

The invoice financing creditor is secured by a debenture over all of the assets of the company.

Hire purchase creditors are secured by way of a charge over the assets to which the finance relates.

10.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 August 2024

223,452

5,176

228,628

Profit for the year

83,603

83,603

Dividends

(86,870

)

(86,870

)

Transfers

5,176

(5,176

)

-

At 31 July 2025

225,361

-

225,361