P.A.C. Supplies Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 03877341 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

P.A.C. SUPPLIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F G Bryant

Mrs P E Bryant

C Bryant

SECRETARY:

F G Bryant

REGISTERED OFFICE:

29 Arboretum Street

Nottingham

Nottinghamshire

NG1 4JA

REGISTERED NUMBER:

03877341 (England and Wales)

ACCOUNTANTS:

Lemans

Chartered Certified Accountants

29 Arboretum Street

Nottingham

Nottinghamshire

NG1 4JA

FIXED ASSETS

Tangible assets

4

82,977

39,601

CURRENT ASSETS

Stocks

131,108

136,016

Debtors

5

245,074

252,076

Investments

6

1,300

Cash at bank and in hand

88,612

150,524

466,094

539,916

CREDITORS

Amounts falling due within one year

7

133,173

158,582

NET CURRENT ASSETS

332,921

381,334

TOTAL ASSETS LESS CURRENT
LIABILITIES

415,898

420,935

CREDITORS

Amounts falling due after more than one
year

8

(30,254

)

(10,643

)

PROVISIONS FOR LIABILITIES

(20,744

)

(9,901

)

NET ASSETS

364,900

400,391

CAPITAL AND RESERVES

Called up share capital

11

100

Retained earnings

364,800

400,291

SHAREHOLDERS' FUNDS

364,900

400,391

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 10 September 2026 and were signed on its behalf by:

C Bryant - Director

1.	STATUTORY INFORMATION

P.A.C. Supplies Ltd 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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stock are valued on a first in first out basis, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at the transaction price.

Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Operating leases

Payments made under operating leases are charged to the profit and loss account on a straight line basis over the lease term.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2025

73,752

57,540

13,338

144,630

Additions

40,126

39,075

1,175

80,376

Disposals

(62,822

)

(25,955

)

-

(88,777

)

At 31 December 2025

51,056

70,660

14,513

136,229

DEPRECIATION

At 1 January 2025

51,886

39,805

13,338

105,029

Charge for year

11,857

5,779

392

18,028

Eliminated on disposal

(48,260

)

(21,545

)

-

(69,805

)

At 31 December 2025

15,483

24,039

13,730

53,252

NET BOOK VALUE

At 31 December 2025

35,573

46,621

783

82,977

At 31 December 2024

21,866

17,735

-

39,601

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

Motor

vehicles

£

COST

At 1 January 2025

31,585

Additions

39,075

At 31 December 2025

70,660

DEPRECIATION

At 1 January 2025

18,260

Charge for year

5,779

At 31 December 2025

24,039

NET BOOK VALUE

At 31 December 2025

46,621

At 31 December 2024

13,325

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

164,374

186,742

Other debtors

22,875

6,000

Directors' current accounts

50,000

Prepayments

7,825

9,334

245,074

252,076

6.	CURRENT ASSET INVESTMENTS

31.12.25

31.12.24

£

Unlisted investments

1,300

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Hire purchase contracts (see note 9)

10,296

6,251

Trade creditors

86,723

99,414

Corporation tax

8,356

30,756

Social security and other taxes

16,237

8,258

Directors' current accounts

8,038

Accrued expenses

3,523

5,865

133,173

158,582

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Hire purchase contracts (see note 9)

30,254

10,643

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.25

31.12.24

£

Net obligations repayable:

Within one year

10,296

6,251

Between one and five years

30,254

10,643

40,550

16,894

Non-cancellable

operating leases

31.12.25

31.12.24

£

Between one and five years

33,500

36,000

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

Hire purchase contracts

40,550

16,894

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

100

Ordinary

£1

100

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

C Bryant

Balance outstanding at start of year

50,000

-

Amounts advanced

-

50,000

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

50,000

The above loan is interest free and repayable upon demand.