REGISTERED NUMBER: 03565381 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

OPTIMUM PACKAGING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Wilson

Mrs A J Wilson

SECRETARY:

Mrs A J Wilson

REGISTERED OFFICE:

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

REGISTERED NUMBER:

03565381 (England and Wales)

ACCOUNTANTS:

Wheelers

Chartered Accountants & Tax Consultants

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

FIXED ASSETS

Tangible assets

4

301,828

307,194

CURRENT ASSETS

Stocks

84,459

78,050

Debtors

5

139,691

142,889

Cash at bank and in hand

665,659

596,921

889,809

817,860

CREDITORS

Amounts falling due within one year

6

244,002

218,367

NET CURRENT ASSETS

645,807

599,493

TOTAL ASSETS LESS CURRENT LIABILITIES

947,635

906,687

PROVISIONS FOR LIABILITIES

5,000

3,500

NET ASSETS

942,635

903,187

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

942,631

903,183

SHAREHOLDERS' FUNDS

942,635

903,187

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2026 and were signed on its behalf by:

P Wilson - Director

1.	STATUTORY INFORMATION

Optimum Packaging 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.

The directors believe that the company is well placed to manage its financial risks successfully and have reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Consequently, it continues to adopt the going concern basis of accounting in preparing the annual financial statements.

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.

Freehold property

-

5% on cost and 2% on cost

Plant and machinery

-

20% reducing balance

Fixtures and fittings

-

25% on cost and 20% reducing balance

Motor vehicles

-

25% on reducing balance

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 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 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 7 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2025

526,043

77,207

35,970

30,031

669,251

Additions

-

8,659

235

-

8,894

Disposals

-

(4,275

)

-

-

(4,275

)

At 31 March 2026

526,043

81,591

36,205

30,031

673,870

DEPRECIATION

At 1 April 2025

233,711

75,099

30,194

23,053

362,057

Charge for year

10,852

423

1,172

1,744

14,191

Eliminated on disposal

-

(4,206

)

-

-

(4,206

)

At 31 March 2026

244,563

71,316

31,366

24,797

372,042

NET BOOK VALUE

At 31 March 2026

281,480

10,275

4,839

5,234

301,828

At 31 March 2025

292,332

2,108

5,776

6,978

307,194

Included in cost of land and buildings is freehold land of £ 153,450 (2025 - £ 153,450 ) which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

116,189

119,603

Other debtors

23,502

23,286

139,691

142,889

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

112,865

86,327

Taxation and social security

93,942

92,940

Other creditors

37,195

39,100

244,002

218,367