REGISTERED NUMBER: 04877082 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

KPACK (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

8

DIRECTORS:

D L Kendrick

A R Kendrick

SECRETARY:

D L Kendrick

REGISTERED OFFICE:

Egg Packing Centre

B3181

Uffculme

Cullompton

Devon

EX15 3FA

REGISTERED NUMBER:

04877082 (England and Wales)

ACCOUNTANTS:

Sheppard Rockey & Williams Ltd

Sannerville Chase

Exminster

Exeter

Devon

EX6 8AT

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

65,635

78,206

65,635

78,206

CURRENT ASSETS

Stocks

6

74,148

103,131

Debtors

7

226,492

248,473

Cash at bank and in hand

3,836

23,414

304,476

375,018

CREDITORS

Amounts falling due within one year

8

431,891

452,616

NET CURRENT LIABILITIES

(127,415

)

(77,598

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(61,780

)

608

CREDITORS

Amounts falling due after more than one year

9

(27,298

)

(12,954

)

PROVISIONS FOR LIABILITIES

(6,474

)

(555

)

NET LIABILITIES

(95,552

)

(12,901

)

CAPITAL AND RESERVES

Called up share capital

12

500

500

Retained earnings

(96,052

)

(13,401

)

SHAREHOLDERS' FUNDS

(95,552

)

(12,901

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 21 May 2026 and were signed on its behalf by:

D L Kendrick - Director

A R Kendrick - Director

1.	STATUTORY INFORMATION

Kpack (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Lorries

-

25% on cost

Freehold land

-

freehold land no depreciation

Improvements to property

-

5% on cost

Plant and equipment

-

25% on cost

Office furniture and equipment

-

25% on cost

Motor vehicles

-

25% 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.

Going concern

The financial statements have been prepared on the going concern basis. The directors have confirmed that adequate finance will be available to enable the company to continue as a going concern for at least 12 months after the date of the approval of the statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

140,000

AMORTISATION

At 1 September 2024

and 31 August 2025

140,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Lorries

land

property

£

£

£

COST

At 1 September 2024

117,465

42,722

39,038

Additions

35,995

-

-

Disposals

(72,482

)

(42,722

)

-

At 31 August 2025

80,978

-

39,038

DEPRECIATION

At 1 September 2024

102,965

-

32,176

Charge for year

16,249

-

1,952

Eliminated on disposal

(72,482

)

-

-

At 31 August 2025

46,732

-

34,128

NET BOOK VALUE

At 31 August 2025

34,246

-

4,910

At 31 August 2024

14,500

42,722

6,862

Office

furniture

Plant and

and

Motor

equipment

equipment

vehicles

Totals

£

£

£

£

COST

At 1 September 2024

66,780

79,672

72,373

418,050

Additions

267

938

25,214

62,414

Disposals

-

-

(62,773

)

(177,977

)

At 31 August 2025

67,047

80,610

34,814

302,487

DEPRECIATION

At 1 September 2024

63,543

73,587

67,573

339,844

Charge for year

2,606

2,752

8,704

32,263

Eliminated on disposal

-

-

(62,773

)

(135,255

)

At 31 August 2025

66,149

76,339

13,504

236,852

NET BOOK VALUE

At 31 August 2025

898

4,271

21,310

65,635

At 31 August 2024

3,237

6,085

4,800

78,206

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

Lorries

£

COST

Additions

35,995

At 31 August 2025

35,995

DEPRECIATION

Charge for year

8,999

At 31 August 2025

8,999

NET BOOK VALUE

At 31 August 2025

26,996

6.

STOCKS

31.8.25

31.8.24

£

£

Stocks

74,148

103,131

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

114,347

139,091

Other debtors

112,145

109,382

226,492

248,473

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

9,799

9,546

Hire purchase contracts (see note 10)

7,199

-

Trade creditors

107,716

146,615

Taxation and social security

33,881

28,280

Other creditors

273,296

268,175

431,891

452,616

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

2,701

12,954

Hire purchase contracts (see note 10)

24,597

-

27,298

12,954

10.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.8.25

31.8.24

£

£

Net obligations repayable:

Within one year

7,199

-

Between one and five years

24,597

-

31,796

-

11.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Bank loans

12,500

22,500

The bank loan and overdraft are secured by a fixed and floating charge over the assets of the company.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

300

Ordinary 'A'

£1

300

300

100

Ordinary 'B'

£1

100

100

50

Ordinary 'C'

£1

50

50

50

Ordinary 'D'

£1

50

50

500

500

13.	RELATED PARTY DISCLOSURES

Included in other creditors falling due within one year is a loan from the directors of £36,000 (2024 £209,473). The loan is interest free, unsecured and repayable on demand.

Included in other creditors falling due within one year is a loan from a related party of £228,711 (2024 - £45,592). This loan is interest free, unsecured and repayable on demand.

Included in other debtors falling due within one year is a loan to a related party of £nil (2024 - £2,514). This loan is interest free, unsecured and repayable on demand.