COUNTY PACKAGING SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S D Scarborough

Mrs J P Scarborough

REGISTERED OFFICE:

Unit 18.3 Amber Business Centre

Greenhill Lane

Riddings

Alfreton

Derbyshire

DE55 4BR

REGISTERED NUMBER:

04170976 (England and Wales)

ACCOUNTANTS:

Sibbalds Limited

Chartered Accountants and Business Advisers

Sixth Floor

Cavendish Building

1 Agard Street

Derby

Derbyshire

DE1 1DZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

49,464

53,902

49,464

53,902

CURRENT ASSETS

Stocks

128,649

122,125

Debtors

6

163,825

167,725

Cash at bank and in hand

176,562

200,387

469,036

490,237

CREDITORS

Amounts falling due within one year

7

98,642

123,692

NET CURRENT ASSETS

370,394

366,545

TOTAL ASSETS LESS CURRENT LIABILITIES

419,858

420,447

CREDITORS

Amounts falling due after more than one year

8

-

(2,648

)

PROVISIONS FOR LIABILITIES

10

(6,300

)

(7,000

)

NET ASSETS

413,558

410,799

CAPITAL AND RESERVES

Called up share capital

11

2

2

Retained earnings

413,556

410,797

SHAREHOLDERS' FUNDS

413,558

410,799

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 26 October 2026 and were signed on its behalf by:

S D Scarborough - Director

1.	STATUTORY INFORMATION

County Packaging Services 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.

Turnover

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

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.

Computer software is being amortised evenly over its estimated useful life of five 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

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.

Hire purchase and leasing commitments

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 April 2025

and 31 March 2026

3,145

AMORTISATION

At 1 April 2025

and 31 March 2026

3,145

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2025

43,506

108,002

151,508

Additions

8,769

-

8,769

Disposals

(935

)

-

(935

)

At 31 March 2026

51,340

108,002

159,342

DEPRECIATION

At 1 April 2025

32,156

65,450

97,606

Charge for year

2,360

10,638

12,998

Eliminated on disposal

(726

)

-

(726

)

At 31 March 2026

33,790

76,088

109,878

NET BOOK VALUE

At 31 March 2026

17,550

31,914

49,464

At 31 March 2025

11,350

42,552

53,902

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

128,862

158,570

Other debtors

34,963

9,155

163,825

167,725

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

2,648

10,435

Trade creditors

30,850

26,995

Taxation and social security

58,812

80,419

Other creditors

6,332

5,843

98,642

123,692

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

2,648

9.	LEASING AGREEMENTS

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

2026

2025

£

£

Within one year

20,556

13,500

Between one and five years

25,695

58,500

46,251

72,000

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

6,300

7,000

Deferred

tax

£

Balance at 1 April 2025

7,000

Provided during year

(700

)

Balance at 31 March 2026

6,300

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary

£1

2

2

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Director loans opened the year owing £633 to the company with advances provided during of the year of £104,945 (2025: £92,449) and credits of £103,187 (2025: £94,787) with the balance at closing being £2,391 owed to the company by the directors.