REGISTERED NUMBER: 08023317 (England and Wales)

Metropac Limited

Abridged Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTOR:

Mr M E Yilmaz

REGISTERED OFFICE:

239-241 Kennington Lane

London

SE11 5QU

REGISTERED NUMBER:

08023317 (England and Wales)

ACCOUNTANTS:

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Metropac Limited for the year ended 31 March 2026 which comprise the Abridged Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Metropac Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Metropac Limited and state those matters that we have agreed to state to the director of Metropac Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Metropac Limited and its director for our work or for this report.

It is your duty to ensure that Metropac Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Metropac Limited. You consider that Metropac Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Metropac Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

9 September 2026

FIXED ASSETS

Property, plant and equipment

3

109,152

153,813

CURRENT ASSETS

Inventories

609,654

573,648

Debtors

4

222,189

110,686

Cash at bank and in hand

205,390

38,546

1,037,233

722,880

CREDITORS

Amounts falling due within one year

5

655,175

416,396

NET CURRENT ASSETS

382,058

306,484

TOTAL ASSETS LESS CURRENT LIABILITIES

491,210

460,297

CREDITORS

Amounts falling due after more than one year

6

(6,071

)

(20,540

)

PROVISIONS FOR LIABILITIES

7

(24,857

)

(35,867

)

NET ASSETS

460,282

403,890

CAPITAL AND RESERVES

Called up share capital

8

25,000

25,000

Retained earnings

9

435,282

378,890

SHAREHOLDERS' FUNDS

460,282

403,890

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 director acknowledges his 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2026 and were signed by:

Mr M E Yilmaz - 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

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

Turnover is generated from the ordinary activities of the business and is recognised when the customer takes the delivery of their products.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

Cost is on first in first out basis. Net realisable value is the sales value of stock less any additional cost to sell.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

3.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

11,420

156,619

60,060

228,099

Additions

1,285

-

-

1,285

Disposals

-

-

(12,750

)

(12,750

)

At 31 March 2026

12,705

156,619

47,310

216,634

DEPRECIATION

At 1 April 2025

5,636

39,155

29,495

74,286

Charge for year

1,767

29,366

6,047

37,180

Eliminated on disposal

-

-

(3,984

)

(3,984

)

At 31 March 2026

7,403

68,521

31,558

107,482

NET BOOK VALUE

At 31 March 2026

5,302

88,098

15,752

109,152

At 31 March 2025

5,784

117,464

30,565

153,813

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

204,649

65,693

Other debtors

17,540

44,993

222,189

110,686

Under a trade debt factoring arrangement with HSBC the balance finance at the year end was £385,283 with recourse (2025: £352,967).

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

23,694

32,072

Hire purchase contracts

7,229

16,288

Trade creditors

482,412

219,272

Taxation and social security

137,394

143,191

Other creditors

4,446

5,573

655,175

416,396

At the year end, amounts owing to HSBC under a TradePay supplier finance facility were £90,625 (2025: £nil).

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

1,685

Hire purchase contracts

6,071

18,855

6,071

20,540

7.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

24,857

35,867

Deferred

tax

£

Balance at 1 April 2025

35,867

Credit to Statement of Income and Retained Earnings during year

(11,010

)

Balance at 31 March 2026

24,857

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

25,000

Ordinary

£1

25,000

25,000

9.

RESERVES

Retained

earnings

£

At 1 April 2025

378,890

Profit for the year

56,392

At 31 March 2026

435,282