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REGISTERED NUMBER: 06894741 (England and Wales)















Unaudited Financial Statements

for the Period 1 July 2022 to 30 September 2023

for

Flexi Pak Limited

Flexi Pak Limited (Registered number: 06894741)






Contents of the Financial Statements
for the Period 1 July 2022 to 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Flexi Pak Limited

Company Information
for the Period 1 July 2022 to 30 September 2023







DIRECTORS: M Rodgers
P Rodgers
M Leeson





REGISTERED OFFICE: 9a Sandars Road
Heapham Road Industrial Estate
Gainsborough
Lincolnshire
DN21 1RZ





REGISTERED NUMBER: 06894741 (England and Wales)





ACCOUNTANTS: ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB

Flexi Pak Limited (Registered number: 06894741)

Balance Sheet
30 September 2023

30.9.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,955 23,096

CURRENT ASSETS
Stocks 247,000 548,462
Debtors 5 308,355 234,319
Cash at bank and in hand 280,026 229,573
835,381 1,012,354
CREDITORS
Amounts falling due within one year 6 583,807 799,052
NET CURRENT ASSETS 251,574 213,302
TOTAL ASSETS LESS CURRENT
LIABILITIES

267,529

236,398

CREDITORS
Amounts falling due after more than one
year

7

(16,842

)

(30,000

)

PROVISIONS FOR LIABILITIES (3,031 ) (4,388 )
NET ASSETS 247,656 202,010

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 247,536 201,890
SHAREHOLDERS' FUNDS 247,656 202,010

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2023 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.

Flexi Pak Limited (Registered number: 06894741)

Balance Sheet - continued
30 September 2023


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 20 February 2024 and were signed on its behalf by:





M Rodgers - Director


Flexi Pak Limited (Registered number: 06894741)

Notes to the Financial Statements
for the Period 1 July 2022 to 30 September 2023

1. STATUTORY INFORMATION

Flexi Pak 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.
Improvements to property - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 period 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.

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.

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 period was 10 (2022 - 9 ) .

Flexi Pak Limited (Registered number: 06894741)

Notes to the Financial Statements - continued
for the Period 1 July 2022 to 30 September 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 July 2022 4,910 135,847 714
Additions - - 129
At 30 September 2023 4,910 135,847 843
DEPRECIATION
At 1 July 2022 4,910 121,113 651
Charge for period - 4,604 60
At 30 September 2023 4,910 125,717 711
NET BOOK VALUE
At 30 September 2023 - 10,130 132
At 30 June 2022 - 14,734 63

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2022 3,500 27,272 172,243
Additions - - 129
At 30 September 2023 3,500 27,272 172,372
DEPRECIATION
At 1 July 2022 2,877 19,596 149,147
Charge for period 208 2,398 7,270
At 30 September 2023 3,085 21,994 156,417
NET BOOK VALUE
At 30 September 2023 415 5,278 15,955
At 30 June 2022 623 7,676 23,096

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.6.22
£    £   
Trade debtors 202,182 142,225
Other debtors 360 360
Tax 100,000 77,500
Prepayments 5,813 14,234
308,355 234,319

Flexi Pak Limited (Registered number: 06894741)

Notes to the Financial Statements - continued
for the Period 1 July 2022 to 30 September 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.6.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 188,782 172,387
Credit cards 4,943 4,493
Tax 93,210 55,992
Social security and other taxes 7,846 5,665
VAT 34,418 25,992
Deposits 216,249 506,655
Directors' current accounts 1,079 88
Accrued expenses 27,280 17,780
583,807 799,052

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.6.22
£    £   
Bank loans - 2-5 years 16,842 30,000

8. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors. At the period end date £1,079 was owing to the directors, (2022,£88).