REGISTERED NUMBER: 07980716 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

PurePac Ltd

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mr N D Atkinson

Mrs S M Atkinson

REGISTERED OFFICE:

Pacioli House, 9 Brookfield

Duncan Close

Moulton Park

Northampton

Northamptonshire

NN3 6WL

REGISTERED NUMBER:

07980716 (England and Wales)

ACCOUNTANTS:

Clifford Roberts

Chartered Accountants

Pacioli House

9 Brookfield

Duncan Close

Northampton

Northamptonshire

NN3 6WL

FIXED ASSETS

Intangible assets

4

70,000

80,000

Tangible assets

5

432,457

452,290

502,457

532,290

CURRENT ASSETS

Stocks

276,124

190,890

Debtors

6

1,163,738

946,251

Cash at bank and in hand

316,426

347,927

1,756,288

1,485,068

CREDITORS

Amounts falling due within one year

7

830,957

621,564

NET CURRENT ASSETS

925,331

863,504

TOTAL ASSETS LESS CURRENT LIABILITIES

1,427,788

1,395,794

CREDITORS

Amounts falling due after more than one year

8

-

15,661

NET ASSETS

1,427,788

1,380,133

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,426,788

1,379,133

SHAREHOLDERS' FUNDS

1,427,788

1,380,133

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2026 and were signed on its behalf by:

Mrs S M Atkinson - Director

Mr N D Atkinson - Director

1.	STATUTORY INFORMATION

PurePac 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 company's trading address is Baird Close, Drayton Fields, Daventry, Northamptonshire, NN11 8RY.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 section 1A - "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102 section 1A") and with the Companies Act 2006. The financial statements have been prepared on the historical cost basis.

The financial statements are presented in sterling (£) and cover the period to 31st March each year.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on reducing balance

Fixtures and fittings - 20% on reducing balance

Office equipment - 25% on reducing balance

Motor vehicles - 20% on reducing balance

Commercial vehicles - 20% 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

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. The measurement of deferred tax liabilities and assets reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets and depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charges allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method unless the effect of discounting would be immaterial, in which case they are stated at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2025 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

200,000

AMORTISATION

At 1 April 2025

120,000

Charge for year

10,000

At 31 March 2026

130,000

NET BOOK VALUE

At 31 March 2026

70,000

At 31 March 2025

80,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

39,874

282,017

542,088

863,979

Additions

6,006

56,364

19,524

81,894

Disposals

(521

)

(7,133

)

-

(7,654

)

At 31 March 2026

45,359

331,248

561,612

938,219

DEPRECIATION

At 1 April 2025

20,603

141,582

249,504

411,689

Charge for year

4,744

37,660

58,738

101,142

Eliminated on disposal

(450

)

(6,619

)

-

(7,069

)

At 31 March 2026

24,897

172,623

308,242

505,762

NET BOOK VALUE

At 31 March 2026

20,462

158,625

253,370

432,457

At 31 March 2025

19,271

140,435

292,584

452,290

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,122,523

912,103

Other debtors

41,215

34,148

1,163,738

946,251

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

5,287

-

Trade creditors

595,350

418,118

Taxation and social security

196,031

170,441

Other creditors

34,289

33,005

830,957

621,564

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

15,661

9.	FINANCIAL INSTRUMENTS

The company does not have significant exposure to foreign currency, credit, liquidity, cash flow and interest rate risks. These risks are limited by the company's financial management policies and practices described below.

Foreign currency risk

The company has some exposure to foreign currency risks as some of the company's purchases are made through a bank account that's in euros. The risk is low as the activity is minimal.

Credit risk

The company has limited exposure to credit risk. The company's exposure and its customers' credit worthiness is continually monitored so that any potential problems are detected at an early stage.

Liquidity risk

The directors have ultimate responsibility for liquidity risk management in maintaining adequate reserves, banking and borrowing facilities. The directors manage liquidity between secured bank financing and interest free, unsecured, related party borrowings.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company was owed by those with significant control £10,028 which was paid within 9 months of the year end. In the prior year, at the balance sheet date, the company owed those with significant control £22,010.