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REGISTERED NUMBER: 08258208 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2022

for

Techno Packaging Limited

Techno Packaging Limited (Registered number: 08258208)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Techno Packaging Limited

Company Information
for the Year Ended 31 December 2022







DIRECTOR: A U Rahman





REGISTERED OFFICE: Sage Brent
41-42 Alperton Lane
Wembley
Middlesex
HA0 1DX





REGISTERED NUMBER: 08258208 (England and Wales)





ACCOUNTANTS: Universal Accountancy Ltd
Kings House
202 Lower High Street
Watford
Hertfordshire
WD17 2EH

Techno Packaging Limited (Registered number: 08258208)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 447 1,447
Tangible assets 5 23,868 33,024
24,315 34,471

CURRENT ASSETS
Stocks 145,000 162,000
Debtors 6 36,899 30,161
Cash at bank and in hand 107,028 325,422
288,927 517,583
CREDITORS
Amounts falling due within one year 7 175,247 126,810
NET CURRENT ASSETS 113,680 390,773
TOTAL ASSETS LESS CURRENT
LIABILITIES

137,995

425,244

CREDITORS
Amounts falling due after more than
one year

8

28,960

331,060
NET ASSETS 109,035 94,184

Techno Packaging Limited (Registered number: 08258208)

Balance Sheet - continued
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 108,935 94,084
109,035 94,184

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 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 director and authorised for issue on 30 September 2023 and were signed by:





A U Rahman - Director


Techno Packaging Limited (Registered number: 08258208)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Techno Packaging 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.

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.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.


Techno Packaging Limited (Registered number: 08258208)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2021 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2022
and 31 December 2022 4,447
AMORTISATION
At 1 January 2022 3,000
Charge for year 1,000
At 31 December 2022 4,000
NET BOOK VALUE
At 31 December 2022 447
At 31 December 2021 1,447

Techno Packaging Limited (Registered number: 08258208)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2022
and 31 December 2022 3,861 66,738 70,599
DEPRECIATION
At 1 January 2022 3,308 34,267 37,575
Charge for year 553 8,603 9,156
At 31 December 2022 3,861 42,870 46,731
NET BOOK VALUE
At 31 December 2022 - 23,868 23,868
At 31 December 2021 553 32,471 33,024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors 40,250 40,250
Other debtors (3,351 ) (10,089 )
36,899 30,161

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade creditors 64,220 67,852
Taxation and social security 5,881 4,782
Other creditors 105,146 54,176
175,247 126,810

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans - 299,000
Trade creditors 28,960 32,060
28,960 331,060

Techno Packaging Limited (Registered number: 08258208)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.12.22 31.12.21
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst - 299,000