Registration number: 02568736

Pakawaste Engineering Services Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 9

Pakawaste Engineering Services Limited

Company Information

Directors

L R Bull P B Dickson

Registered office

Oak Park Rylands Lane Elmley Lovett Droitwich England WR9 0QZ

Auditors

Clement Rabjohns Limited Registered Auditors and Chartered Accountants111/113 High Street Evesham Worcestershire WR11 4XP

Pakawaste Engineering Services Limited

(Registration number: 02568736)
Balance Sheet as at 31 December 2025

	Note	31 December 2025 £	31 January 2025 £
Fixed assets
Tangible assets	4	94,604	159,134
Current assets
Stocks	5	77,531	75,266
Debtors	6	399,071	294,804
Cash at bank and in hand		45,938	421,992
		522,540	792,062
Creditors: Amounts falling due within one year	7	(152,711)	(222,458)
Net current assets		369,829	569,604
Total assets less current liabilities		464,433	728,738
Provisions for liabilities		(2,574)	(14,550)
Net assets		461,859	714,188
Capital and reserves
Called up share capital		400	400
Retained earnings		461,459	713,788
Shareholders' funds		461,859	714,188

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 August 2026 and signed on its behalf by:
 

......................................... L R Bull Director

Pakawaste Engineering Services Limited

Notes to the Financial Statements for the Period from 1 February 2025 to 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in the United Kingdom.

The address of its registered office is:
Oak Park Rylands Lane
Elmley Lovett
Droitwich
WR9 0QZ
England

These financial statements were authorised for issue by the Board on 25 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Disclosure of long or short period

The year end has been shortened to 31 December 2025 to fall in line with the group reporting period.

Pakawaste Engineering Services Limited

Notes to the Financial Statements for the Period from 1 February 2025 to 31 December 2025

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 25 August 2026 was Phillip Parsons FCA, who signed for and on behalf of Clement Rabjohns Limited.

.........................................

Revenue recognition

Turnover is recognised at the fair value of consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT. The fair value consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the normal amount received is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred in respect of the transaction can be measured reliably.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Pakawaste Engineering Services Limited

Notes to the Financial Statements for the Period from 1 February 2025 to 31 December 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% straight line
Motor vehicles	25% straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Pakawaste Engineering Services Limited

Notes to the Financial Statements for the Period from 1 February 2025 to 31 December 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 18 (2025 - 17).

Pakawaste Engineering Services Limited

Notes to the Financial Statements for the Period from 1 February 2025 to 31 December 2025

4	Tangible assets

	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 February 2025	10,265	380,821	391,086
At 31 December 2025	10,265	380,821	391,086
Depreciation
At 1 February 2025	6,739	225,213	231,952
Charge for the period	1,073	63,457	64,530
At 31 December 2025	7,812	288,670	296,482
Carrying amount
At 31 December 2025	2,453	92,151	94,604
At 31 January 2025	3,526	155,608	159,134

5

Stocks

	31 December 2025 £	31 January 2025 £
Other inventories	77,531	75,266

6

Debtors

Current	Note	31 December 2025 £	31 January 2025 £
Trade debtors		172,455	256,526
Amounts owed by related parties		208,973	-
Prepayments		17,643	36,534
Other debtors		-	1,744
		399,071	294,804

7

Creditors

Creditors: amounts falling due within one year

Pakawaste Engineering Services Limited

Notes to the Financial Statements for the Period from 1 February 2025 to 31 December 2025

	Note	31 December 2025 £	31 January 2025 £
Due within one year
Loans and borrowings	8	-	28,785
Trade creditors		89,848	31,197
Amounts owed to group undertakings and undertakings in which the company has a participating interest		-	80,733
Taxation and social security		46,295	63,575
Accruals and deferred income		16,568	18,168
		152,711	222,458