REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE PERIOD 1 AUGUST 2021 TO 31 JANUARY 2023 |
FOR |
ARVENSIS PACKAGING FILMS LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE PERIOD 1 AUGUST 2021 TO 31 JANUARY 2023 |
FOR |
ARVENSIS PACKAGING FILMS LIMITED |
ARVENSIS PACKAGING FILMS LIMITED (REGISTERED NUMBER: 05898744) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 AUGUST 2021 TO 31 JANUARY 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
ARVENSIS PACKAGING FILMS LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 1 AUGUST 2021 TO 31 JANUARY 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants |
1 Valley Court |
Canal Road |
Bradford |
West Yorkshire |
BD1 4SP |
ARVENSIS PACKAGING FILMS LIMITED (REGISTERED NUMBER: 05898744) |
BALANCE SHEET |
31 JANUARY 2023 |
2023 | 2021 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Capital redemption reserve |
SHAREHOLDERS' FUNDS |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
ARVENSIS PACKAGING FILMS LIMITED (REGISTERED NUMBER: 05898744) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 AUGUST 2021 TO 31 JANUARY 2023 |
1. | STATUTORY INFORMATION |
Arvensis Packaging Films Limited is a |
2. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
RELATED PARTY EXEMPTION |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
TAXATION |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
ARVENSIS PACKAGING FILMS LIMITED (REGISTERED NUMBER: 05898744) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 AUGUST 2021 TO 31 JANUARY 2023 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2021 |
£ | £ |
Amounts owed by group undertakings |
5. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
6. | CONTINGENT LIABILITIES |
The companys' finance providers hold as security cross guarantee's against the borrowings of other group companies. As at 31 January 2023 this liability amounted to £6,328,968 (2021: £5,232,091). |
7. | RELATED PARTY DISCLOSURES |
Mr A Bairstow and Mrs M Bairstow through their control of the shares in the parent company, and together with their involvement in its day to day management, are deemed to be the controlling parties for the purposes of Financial Reporting Standard No. 102. |
8. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is |