REGISTERED NUMBER: 01091124 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

PROPACK HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Fleming

E M Fleming

SECRETARY:

E M Fleming

REGISTERED OFFICE:

10 Hill Wootton Road

Leek Wootton

Warwickshire

CV35 7QL

REGISTERED NUMBER:

01091124 (England and Wales)

ACCOUNTANTS:

Prime

Chartered Accountants

5 Argosy Court

Scimitar Way

Whitley Business Park

Coventry

CV3 4GA

FIXED ASSETS

Tangible assets

4

5,522

7,363

Investments

5

18,020

18,020

Investment property

6

704,774

704,774

728,316

730,157

CURRENT ASSETS

Debtors

7

462,927

440,180

Cash at bank

40,457

51,540

503,384

491,720

CREDITORS

Amounts falling due within one year

8

29,663

26,285

NET CURRENT ASSETS

473,721

465,435

TOTAL ASSETS LESS CURRENT LIABILITIES

1,202,037

1,195,592

CAPITAL AND RESERVES

Called up share capital

930

930

Capital redemption reserve

70

70

Retained earnings

1,201,037

1,194,592

SHAREHOLDERS' FUNDS

1,202,037

1,195,592

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

P J Fleming - Director

1.	STATUTORY INFORMATION

Propack Holdings 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.

Preparation of consolidated financial statements

The financial statements contain information about Propack Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Fixtures and fittings

-

25% on reducing balance

Investment property

The company purchased the freeholds for two properties which it originally held leaseholds for. These assets have been stated at the directors valuation on the balance sheet date. The financial statements show a true and fair view.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at an average rate of exchange for the year. Exchange differences are taken into account in arriving at the operating result.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

59,512

24,281

83,793

DEPRECIATION

At 1 April 2024

59,512

16,918

76,430

Charge for year

-

1,841

1,841

At 31 March 2025

59,512

18,759

78,271

NET BOOK VALUE

At 31 March 2025

-

5,522

5,522

At 31 March 2024

-

7,363

7,363

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

18,020

NET BOOK VALUE

At 31 March 2025

18,020

At 31 March 2024

18,020

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

753,634

DEPRECIATION

At 1 April 2024

and 31 March 2025

48,860

NET BOOK VALUE

At 31 March 2025

704,774

At 31 March 2024

704,774

The director considered the valuation of the Investment Property at the balance sheet date and no changes to the valuation is considered necessary.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

462,927

440,180

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

572

322

Taxation and social security

7,673

4,368

Other creditors

21,418

21,595

29,663

26,285

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P J Fleming by virtue of his beneficial shareholding.