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REGISTERED NUMBER: 12308146 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 December 2021

for

Quickbox Manufacturing Limited

Quickbox Manufacturing Limited (Registered number: 12308146)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Quickbox Manufacturing Limited

Company Information
for the Year Ended 31 December 2021







DIRECTORS: B Sellars
R T Green
G Sellars





REGISTERED OFFICE: Lindum House
Beels Road
Stallingborough
Grimsby
N E Lincolnshire
DN41 8DN





REGISTERED NUMBER: 12308146 (England and Wales)

Quickbox Manufacturing Limited (Registered number: 12308146)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 236,618 108,316

CURRENT ASSETS
Stocks 43,099 27,237
Debtors 5 161,660 130,655
Cash at bank 12,481 43,422
217,240 201,314
CREDITORS
Amounts falling due within one year 6 295,825 172,696
NET CURRENT (LIABILITIES)/ASSETS (78,585 ) 28,618
TOTAL ASSETS LESS CURRENT LIABILITIES 158,033 136,934

CREDITORS
Amounts falling due after more than one year 7 - (6,169 )

PROVISIONS FOR LIABILITIES (20,580 ) (20,580 )
NET ASSETS 137,453 110,185

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 13,077 -
Retained earnings 124,276 110,085
137,453 110,185

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

Quickbox Manufacturing Limited (Registered number: 12308146)

Balance Sheet - continued
31 December 2021


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 29 July 2022 and were signed on its behalf by:




B Sellars - Director G Sellars - Director




R T Green - Director


Quickbox Manufacturing Limited (Registered number: 12308146)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Quickbox Manufacturing 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 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.

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.
Improvements to property - 15% on cost
Plant and machinery - 15% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost

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 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 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.

Quickbox Manufacturing Limited (Registered number: 12308146)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2020 - 14 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2021 1,465 89,252 8,054
Additions - 156,241 2,643
At 31 December 2021 1,465 245,493 10,697
DEPRECIATION
At 1 January 2021 194 10,965 1,115
Charge for year 219 24,367 1,410
At 31 December 2021 413 35,332 2,525
NET BOOK VALUE
At 31 December 2021 1,052 210,161 8,172
At 31 December 2020 1,271 78,287 6,939

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2021 23,355 3,840 125,966
Additions - 1,231 160,115
At 31 December 2021 23,355 5,071 286,081
DEPRECIATION
At 1 January 2021 4,671 705 17,650
Charge for year 4,671 1,146 31,813
At 31 December 2021 9,342 1,851 49,463
NET BOOK VALUE
At 31 December 2021 14,013 3,220 236,618
At 31 December 2020 18,684 3,135 108,316

Quickbox Manufacturing Limited (Registered number: 12308146)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS - continued

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

Plant and
machinery
etc
£   
COST
At 1 January 2021 10,535
Transfer to ownership (10,535 )
At 31 December 2021 -
DEPRECIATION
At 1 January 2021 2,107
Charge for year 1,229
Transfer to ownership (3,336 )
At 31 December 2021 -
NET BOOK VALUE
At 31 December 2021 -
At 31 December 2020 8,428

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 149,670 127,006
Other debtors 11,990 3,649
161,660 130,655

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Hire purchase contracts - 2,617
Trade creditors 108,547 54,703
Amounts owed to group undertakings 116,667 -
Taxation and social security 30,212 45,576
Other creditors 40,399 69,800
295,825 172,696

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.21 31.12.20
£    £   
Hire purchase contracts - 6,169