Transpakship International Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02518904 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Transpakship International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs E L Oldershaw

S H Oldershaw

REGISTERED OFFICE:

Export Drive

Fulwood Industrial Estate

Sutton In Ashfield

Nottinghamshire

NG17 6AF

REGISTERED NUMBER:

02518904 (England and Wales)

ACCOUNTANTS:

D. K. Rumsby & Co Limited

3 Colwick Quays

Colwick

Nottingham

Nottinghamshire

NG4 2JY

FIXED ASSETS

Intangible assets

4

2,400

-

Tangible assets

5

25,085

35,110

27,485

35,110

CURRENT ASSETS

Stocks

3,966

1,503

Debtors

6

316,390

305,443

Cash at bank and in hand

372,354

307,164

692,710

614,110

CREDITORS

Amounts falling due within one year

7

(196,897

)

(142,835

)

NET CURRENT ASSETS

495,813

471,275

TOTAL ASSETS LESS CURRENT
LIABILITIES

523,298

506,385

PROVISIONS FOR LIABILITIES

(2,349

)

(4,256

)

NET ASSETS

520,949

502,129

CAPITAL AND RESERVES

Called up share capital

9

1,752

Share premium

37,485

Retained earnings

481,712

462,892

SHAREHOLDERS' FUNDS

520,949

502,129

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 9 June 2026 and were signed on its behalf by:

Mrs E L Oldershaw - Director

S H Oldershaw - Director

1.	STATUTORY INFORMATION

Transpakship International 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.

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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1992, is being amortised evenly over its estimated useful life of twenty years.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

COST

At 1 January 2025

12,000

-

12,000

Additions

-

3,000

At 31 December 2025

12,000

3,000

15,000

AMORTISATION

At 1 January 2025

12,000

-

12,000

Charge for year

-

600

At 31 December 2025

12,000

600

12,600

NET BOOK VALUE

At 31 December 2025

-

2,400

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

328,338

DEPRECIATION

At 1 January 2025

293,228

Charge for year

10,025

At 31 December 2025

303,253

NET BOOK VALUE

At 31 December 2025

25,085

At 31 December 2024

35,110

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

72,714

39,763

Amounts owed by group undertakings

234,939

254,792

Other debtors

8,737

10,888

316,390

305,443

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

102,932

71,206

Taxation and social security

11,845

7,227

Other creditors

82,120

64,402

196,897

142,835

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

Within one year

17,042

598

Between one and five years

28,667

-

45,709

598

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

1,752

Ordinary

£1

1,752

10.	CONTINGENT LIABILITIES

The company has given a guarantee to National Westminster Bank Plc in respect of the borrowings of a group undertaking, TPS Group Holdings (S-in-A) Limited, limited to £200,000 (2024 - £200,000).

11.	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

£

Mrs E L Oldershaw

Balance outstanding at start of year

-

5,205

Amounts repaid

-

(5,205

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Interest charged by the company during the year, at between 2.00% and 2.25% per annum, amounted to £0 (2024 - £65).

12.	ULTIMATE PARENT COMPANY

Oldershaw Holdings Limited is regarded by the directors as being the company's ultimate parent company.