IRIS Accounts Production v24.1.0.578 08174859 director 1.9.22 31.8.23 31.8.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081748592022-08-31081748592023-08-31081748592022-09-012023-08-31081748592021-08-31081748592021-09-012022-08-31081748592022-08-3108174859ns15:EnglandWales2022-09-012023-08-3108174859ns14:PoundSterling2022-09-012023-08-3108174859ns10:Director12022-09-012023-08-3108174859ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3108174859ns10:SmallEntities2022-09-012023-08-3108174859ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3108174859ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3108174859ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3108174859ns10:FullAccounts2022-09-012023-08-3108174859ns10:RegisteredOffice2022-09-012023-08-3108174859ns5:CurrentFinancialInstruments2023-08-3108174859ns5:CurrentFinancialInstruments2022-08-3108174859ns5:ShareCapital2023-08-3108174859ns5:ShareCapital2022-08-3108174859ns5:RetainedEarningsAccumulatedLosses2023-08-3108174859ns5:RetainedEarningsAccumulatedLosses2022-08-3108174859ns5:ShortLeaseholdAssetsns5:LandBuildings2022-09-012023-08-3108174859ns5:PlantMachinery2022-09-012023-08-3108174859ns5:FurnitureFittings2022-09-012023-08-3108174859ns5:MotorVehicles2022-09-012023-08-3108174859ns5:ComputerEquipment2022-09-012023-08-3108174859ns5:ShortLeaseholdAssetsns5:LandBuildings2022-08-3108174859ns5:PlantMachinery2022-08-3108174859ns5:FurnitureFittings2022-08-3108174859ns5:ShortLeaseholdAssetsns5:LandBuildings2023-08-3108174859ns5:PlantMachinery2023-08-3108174859ns5:FurnitureFittings2023-08-3108174859ns5:ShortLeaseholdAssetsns5:LandBuildings2022-08-3108174859ns5:PlantMachinery2022-08-3108174859ns5:FurnitureFittings2022-08-3108174859ns5:MotorVehicles2022-08-3108174859ns5:ComputerEquipment2022-08-3108174859ns5:MotorVehicles2023-08-3108174859ns5:ComputerEquipment2023-08-3108174859ns5:MotorVehicles2022-08-3108174859ns5:ComputerEquipment2022-08-3108174859ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3108174859ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-31
REGISTERED NUMBER: 08174859 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

UK POLYTHENE PACKAGING LTD

UK POLYTHENE PACKAGING LTD (REGISTERED NUMBER: 08174859)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


UK POLYTHENE PACKAGING LTD

COMPANY INFORMATION
for the Year Ended 31 August 2023







DIRECTOR: W Leigh





REGISTERED OFFICE: 5 Crescent East
Thornton Cleveleys
Lancashire
FY5 3LJ





REGISTERED NUMBER: 08174859 (England and Wales)





ACCOUNTANTS: ma2 Limited
Chartered Accountants
5 Crescent East
Thornton Cleveleys
Lancashire
FY5 3LJ

UK POLYTHENE PACKAGING LTD (REGISTERED NUMBER: 08174859)

BALANCE SHEET
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,446 10,537

CURRENT ASSETS
Stocks 12,991 13,557
Debtors 5 143,260 173,700
Cash at bank 32,179 75,979
188,430 263,236
CREDITORS
Amounts falling due within one year 6 124,349 195,346
NET CURRENT ASSETS 64,081 67,890
TOTAL ASSETS LESS CURRENT
LIABILITIES

89,527

78,427

PROVISIONS FOR LIABILITIES 4,695 4,695
NET ASSETS 84,832 73,732

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 84,831 73,731
SHAREHOLDERS' FUNDS 84,832 73,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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.

UK POLYTHENE PACKAGING LTD (REGISTERED NUMBER: 08174859)

BALANCE SHEET - continued
31 August 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 director and authorised for issue on 1 May 2024 and were signed by:





W Leigh - Director


UK POLYTHENE PACKAGING LTD (REGISTERED NUMBER: 08174859)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2023


1. STATUTORY INFORMATION

UK Polythene Packaging Ltd 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.
Short leasehold - 33% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.

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 year was 4 (2022 - 4 ) .

UK POLYTHENE PACKAGING LTD (REGISTERED NUMBER: 08174859)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 September 2022 12,686 21,619 7,940
Additions - 17,543 -
At 31 August 2023 12,686 39,162 7,940
DEPRECIATION
At 1 September 2022 12,686 14,666 6,651
Charge for year - 1,738 322
At 31 August 2023 12,686 16,404 6,973
NET BOOK VALUE
At 31 August 2023 - 22,758 967
At 31 August 2022 - 6,953 1,289

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2022 17,200 10,425 69,870
Additions - - 17,543
At 31 August 2023 17,200 10,425 87,413
DEPRECIATION
At 1 September 2022 14,905 10,425 59,333
Charge for year 574 - 2,634
At 31 August 2023 15,479 10,425 61,967
NET BOOK VALUE
At 31 August 2023 1,721 - 25,446
At 31 August 2022 2,295 - 10,537

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 141,338 172,443
Prepayments 1,922 1,257
143,260 173,700

UK POLYTHENE PACKAGING LTD (REGISTERED NUMBER: 08174859)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 98,987 163,749
Tax 11,640 15,888
Social security and other taxes 1,385 1,000
VAT 11,210 13,581
Directors' current accounts 27 128
Accrued expenses 1,100 1,000
124,349 195,346

7. RELATED PARTY DISCLOSURES

The company was controlled throughout the year by its director, Mr Walter Leigh by virtue of the fact that he owned all of the ordinary share capital of the company.