Propack Automation Machinery Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01572649 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

PROPACK AUTOMATION MACHINERY

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Fleming

E M Fleming

SECRETARY:

E M Fleming

REGISTERED OFFICE:

10 Hill Wootton Road

Leek Wootton

Warwickshire

CV35 7QL

REGISTERED NUMBER:

01572649 (England and Wales)

ACCOUNTANTS:

Prime

Chartered Accountants

Corner Oak

1 Homer Road

Solihull

B91 3QG

FIXED ASSETS

Tangible assets

3

-

38,507

CURRENT ASSETS

Debtors

4

86,769

92,401

Cash at bank and in hand

658,668

653,012

745,437

745,413

CREDITORS

Amounts falling due within one year

5

482,626

541,218

NET CURRENT ASSETS

262,811

204,195

TOTAL ASSETS LESS CURRENT
LIABILITIES

262,811

242,702

CAPITAL AND RESERVES

Called up share capital

1,200

Share premium

13,133

Capital redemption reserve

10,000

Retained earnings

238,478

218,369

SHAREHOLDERS' FUNDS

262,811

242,702

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

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

P J Fleming - Director

1.	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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

3.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 April 2025

39,326

44,890

84,216

Disposals

(39,326

)

-

(39,326

)

At 31 March 2026

-

44,890

DEPRECIATION

At 1 April 2025

819

44,890

45,709

Charge for year

9,627

-

9,627

Eliminated on disposal

(10,446

)

-

(10,446

)

At 31 March 2026

-

44,890

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

38,507

-

38,507

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

47,637

91,435

Other debtors

39,132

966

86,769

92,401

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

11,025

37,604

Taxation and social security

19,374

18,021

Other creditors

452,227

485,593

482,626

541,218

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P J Fleming by virtue of his beneficial shareholdings in the parent company.

7.	ULTIMATE PARENT COMPANY

The company's ultimate holding undertaking is Propack Holdings Limited, registered office 10 Hill Wootton Road, Leek Wootton, Warwick, Warwickshire, CV35 7QL.