Compupack Limited - Accounts to registrar (filleted) - small 18.2

Compupack Limited - Accounts to registrar (filleted) - small 18.2

COMPUPACK LIMITED - Company Information

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REGISTERED NUMBER: 03729820 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

COMPUPACK LIMITED
COMPUPACK LIMITED (REGISTERED NUMBER: 03729820)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 4


COMPUPACK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTOR: H Dhulashia





SECRETARY: M Dhulashia





REGISTERED OFFICE: 18 Clowes Drive
Telford
Shropshire
TF3 2NG





REGISTERED NUMBER: 03729820 (England and Wales)





ACCOUNTANTS: Grindrod & Company Limited
Salisbury House
11 Queen Street
Wellington
Telford
Shropshire
TF1 1EH
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
COMPUPACK LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary
statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Compupack Limited for the year ended 31 March 2018 which comprise the Income Statement,
Statement of Financial Position and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Compupack Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Compupack Limited and state those matters that we have agreed to state to the director of Compupack Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Compupack Limited and its director for our work or for this report.

It is your duty to ensure that Compupack Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Compupack Limited. You consider that Compupack Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Compupack Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Grindrod & Company Limited
Salisbury House
11 Queen Street
Wellington
Telford
Shropshire
TF1 1EH


23 December 2018

This page does not form part of the statutory financial statements

Page 2
COMPUPACK LIMITED (REGISTERED NUMBER: 03729820)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 - 95,000
Investment property 4 95,000 -
95,000 95,000

CURRENT ASSETS
Cash at bank 9,085 5,875

CREDITORS
Amounts falling due within one year 5 108,867 107,523
NET CURRENT LIABILITIES (99,782 ) (101,648 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(4,782
)
(6,648
)

CAPITAL AND RESERVES
Called up share capital 99 99
Retained earnings (4,881 ) (6,747 )
SHAREHOLDERS' FUNDS (4,782 ) (6,648 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 23 December 2018 and were signed by:





H Dhulashia - Director


The notes form part of these financial statements

Page 3
COMPUPACK LIMITED (REGISTERED NUMBER: 03729820)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

Compupack 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors,
including expectations or future events that are believed to be reasonable under the circumstances.

The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will,
by definition, seldom equal the actual results. In the opinion of the directors there are no estimates nor
assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and
liabilities within the next financial year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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.

Page 4 continued...
COMPUPACK LIMITED (REGISTERED NUMBER: 03729820)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

3. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2017 95,000 21,148 116,148
Transfer to ownership (95,000 ) - (95,000 )
At 31 March 2018 - 21,148 21,148
DEPRECIATION
At 1 April 2017
and 31 March 2018 - 21,148 21,148
NET BOOK VALUE
At 31 March 2018 - - -
At 31 March 2017 95,000 - 95,000

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Transfer to ownership 95,000
At 31 March 2018 95,000
NET BOOK VALUE
At 31 March 2018 95,000

The directors have reviewed the carrying value of the investment property above as at 31 March 2018 and
believe that in the current market place, it represents fair value.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 170 -
Taxation and social security 438 364
Other creditors 108,259 107,159
108,867 107,523

6. ULTIMATE CONTROLLING PARTY

The controlling party is H Dhulashia.

The ultimate controlling party is H Dhulashia.

Page 5