Advanced Packing Solutions Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06007174 (England and Wales)

ADVANCED PACKING SOLUTIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr V Small

REGISTERED OFFICE:

Unit 18 Easter Park

Benyon Road

Reading

RG7 2PQ

REGISTERED NUMBER:

06007174 (England and Wales)

ACCOUNTANTS:

Underwood Barron LLP

Monks Brook House

13 - 17 Hursley Road

Chandlers Ford

Eastleigh

Hampshire

SO53 2FW

FIXED ASSETS

Tangible assets

4

718,551

771,519

CURRENT ASSETS

Stocks

64,980

60,000

Debtors

5

2,277,222

1,790,239

Cash at bank

479,773

161,424

2,821,975

2,011,663

CREDITORS

Amounts falling due within one year

6

1,277,033

992,107

NET CURRENT ASSETS

1,544,942

1,019,556

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,263,493

1,791,075

PROVISIONS FOR LIABILITIES

33,099

43,248

NET ASSETS

2,230,394

1,747,827

CAPITAL AND RESERVES

Called up share capital

21

Retained earnings

2,230,373

1,747,806

2,230,394

1,747,827

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 5th May 2026 and were signed on its behalf by:

Mr V Small - Director

1.	STATUTORY INFORMATION

Advanced Packing Solutions 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.

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.

Asset class

Depreciation method and rate

Freehold property

2% straight line

Plant & machinery

20% straight line

Equipment

25% reducing balance

Motor vehicles

20% straight line

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.

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 9 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1st December 2024

609,495

353,979

963,474

Additions

-

12,901

Disposals

-

(20,739

)

(20,739

)

At 30th November 2025

609,495

346,141

955,636

DEPRECIATION

At 1st December 2024

13,974

177,981

191,955

Charge for year

12,190

53,508

65,698

Eliminated on disposal

-

(20,568

)

(20,568

)

At 30th November 2025

26,164

210,921

237,085

NET BOOK VALUE

At 30th November 2025

583,331

135,220

718,551

At 30th November 2024

595,521

175,998

771,519

Included within the net book value of land and buildings above is £583,331 (2024 - £595,521) in respect of

freehold land and buildings.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Trade debtors

2,271,433

1,775,634

Other debtors

5,789

14,605

2,277,222

1,790,239

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Trade creditors

18,387

3,074

Taxation and social security

484,568

357,649

Other creditors

774,078

631,384

1,277,033

992,107

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th November 2025 and 30th November 2024:

30.11.25

30.11.24

£

Mr V Small

Balance outstanding at start of year

(1,643

)

(1,849

)

Amounts advanced

441

206

Amounts repaid

(25,625

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(26,827

)

(1,643

)

Mr S T Reeves

Balance outstanding at start of year

(25,625

)

(25,625

)

Amounts advanced

25,625

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

(25,625

)

8.	RELATED PARTY DISCLOSURES

Transactions with related parties occurred during the year. The related party was Advanced Product Solutions Ltd a company owned by Mr L Small, the son of the director Mr V Small.

Advanced Product Solutions Ltd provided the company with software and subcontract engineering support services, including the provision of engineering labour and the reimbursement of project-related costs such as travel, accommodation and third-party services.

During the year, the company incurred the following costs in respect of these services:

- Subcontract support services (including certain reimbursed project costs): £322,514 (2024 - £201,527)

- Rent and storage charges: £32,877 (2024 - £21,964)

- Reimbursed project-related costs: £50,821 (2024 - £112,606)

At the year end, an amount of £187,714 (2024 - £110,113) was outstanding.

All transactions were undertaken on normal commercial terms.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr V Small, who is the managing director, and Mrs D Small, who each held 48% of the shares in issue.