Registered No. OC333419 (England and Wales)
The Protective Packaging Company LLP
Unaudited accounts
for the year ended 31 December 2023
The Protective Packaging Company LLP
LLP Information
for the year ended 31 December 2023
Designated members
Mrs Lindsay Cole
Registered Number
OC333419 (England and Wales)
Registered Office
HIGH FARM COTTAGE
ALBURY
WARE
HERTS
SG11 2LQ
Accountants
ST Accountancy Services Ltd
6 The Square
Martlesham Heath
Suffolk
IP5 3SL
The Protective Packaging Company LLP
Statement of financial position
as at 31 December 2023
Tangible assets
77,243
76,127
Cash at bank and in hand
172,071
97,936
Creditors: amounts falling due within one year
(29,433)
(22,643)
Net current assets
156,978
89,479
Net assets attributable to members
234,221
165,606
Loans and other debts due to members
(326)
8,837
Members' capital classified as equity
100
100
Other reserves
234,447
156,669
Loans and other debts due to members
(326)
8,837
Members' other interests
234,547
156,769
For the year ending 31 December 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 6 March 2024.
Mr Paul Cole
Designated member
Limited Liability Partnership Registration No. OC333419
The Protective Packaging Company LLP
Notes to the Accounts
for the year ended 31 December 2023
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
The Protective Packaging Company LLP is a limited liability partnership, incorporated in England and Wales, registration number OC333419. Its registered office is HIGH FARM COTTAGE, ALBURY, WARE, HERTS, SG11 2LQ.
3
Tangible fixed assets
Plant & machinery
At 31 December 2023
177,534
Charge for the year
12,458
At 31 December 2023
100,291
At 31 December 2023
77,243
At 31 December 2022
76,127
4
Creditors: amounts falling due within one year
2023
2022
Trade creditors
15,492
16,573
Taxes and social security costs
13,941
6,070
The Protective Packaging Company LLP
Notes to the Accounts
for the year ended 31 December 2023
5
Loans and other debts due to members
2023
2022
Amounts due to members in respect of profits
(326)
8,837
Amounts falling due within one year
(326)
8,837
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).