REGISTERED NUMBER: 10038960 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

PMC PACKAGING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P M Carter

N L Carter

SECRETARY:

P M Carter

REGISTERED OFFICE:

10 Market Street

Chapel-en-le-Frith

High Peak

Derbyshire

SK23 0HH

REGISTERED NUMBER:

10038960 (England and Wales)

ACCOUNTANT:

Mourne & Co

10 Market Street

Chapel-en-le-Frith

High Peak

Derbyshire

SK23 0HH

FIXED ASSETS

Tangible assets

4

74,931

57,710

CURRENT ASSETS

Stocks

5

74,000

50,000

Debtors

6

223,262

209,723

Cash at bank

83,826

51,139

381,088

310,862

CREDITORS

Amounts falling due within one year

7

333,381

248,711

NET CURRENT ASSETS

47,707

62,151

TOTAL ASSETS LESS CURRENT LIABILITIES

122,638

119,861

CREDITORS

Amounts falling due after more than one year

8

30,780

28,709

NET ASSETS

91,858

91,152

CAPITAL AND RESERVES

Called up share capital

11

200

200

Retained earnings

12

91,658

90,952

SHAREHOLDERS' FUNDS

91,858

91,152

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 23 September 2026 and were signed on its behalf by:

P M Carter - Director

1.	STATUTORY INFORMATION

PMC 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The principal accounting policies adopted in the preparation of the financial statements are set out below.

The financial statements for the year ended 31 March 2019 are the first financial statements that comply with the provisions of Section 1A "Small Entities" of the Financial Reporting Standard 102. The date of transition is 1 April 2017.

The transition to Financial Reporting Standard 102 Section 1A "Small Entities" has resulted in a small number of changes in accounting policies to those used previously.

The financial statements have been prepared under the historic 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.

Plant & machinery

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

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.

Financial instruments

The following assets and liabilities are classified as financial instruments; trade debtors, trade creditors, bank loans and directors loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

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.

Employee benefits

Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2025 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant &

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

102,630

19,695

738

123,063

Additions

26,555

-

-

26,555

At 31 March 2026

129,185

19,695

738

149,618

DEPRECIATION

At 1 April 2025

50,967

13,721

665

65,353

Charge for year

7,822

1,494

18

9,334

At 31 March 2026

58,789

15,215

683

74,687

NET BOOK VALUE

At 31 March 2026

70,396

4,480

55

74,931

At 31 March 2025

51,663

5,974

73

57,710

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

Plant &

machinery

£

COST

At 1 April 2025

and 31 March 2026

7,950

DEPRECIATION

At 1 April 2025

4,299

Charge for year

229

At 31 March 2026

4,528

NET BOOK VALUE

At 31 March 2026

3,422

At 31 March 2025

3,651

5.

STOCKS

31.3.26

31.3.25

£

£

Stocks

74,000

50,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

219,762

206,223

Other debtors

3,500

3,500

223,262

209,723

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts (see note 9)

11,400

-

Hire purchase contracts (see note 10)

407

3,059

Trade creditors

294,816

228,904

Taxation

1,997

1,953

Social security & other taxes

5,322

3,576

VAT

17,791

9,308

Directors' current accounts

-

377

Accrued expenses

1,648

1,534

333,381

248,711

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans (see note 9)

30,780

28,302

Hire purchase contracts (see note 10)

-

407

30,780

28,709

9.

LOANS

An analysis of the maturity of loans is given below:

31.3.26

31.3.25

£

£

Amounts falling due within one year or on demand:

Bank loans

11,400

-

Amounts falling due between two and five years:

Bank loans

30,780

28,302

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.26

31.3.25

£

£

Net obligations repayable:

Within one year

407

3,059

Between one and five years

-

407

407

3,466

Non-cancellable

operating leases

31.3.26

31.3.25

£

£

Within one year

73,125

62,725

Between one and five years

292,500

250,902

365,625

313,627

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary A

£1.00

100

100

100

Ordinary B

£1.00

100

100

200

200

12.

RESERVES

Retained

earnings

£

At 1 April 2025

90,952

Profit for the year

706

At 31 March 2026

91,658

13.	ULTIMATE CONTROLLING PARTY

The controlling party is P M Carter.

The ultimate controlling party is P M Carter.