Company Registration No. 01272660 (England and Wales)
Accrapak Systems Limited
Unaudited accounts
for the year ended 31 August 2023
Accrapak Systems Limited
Unaudited accounts
Contents
Accrapak Systems Limited
Company Information
for the year ended 31 August 2023
Directors
Mrs B Pennington
Mr G Pennington
Company Number
01272660 (England and Wales)
Registered Office
BURTONWOOD INDUSTRIAL ESTATE
57 PHIPPS LANE, BURTONWOOD
WARRINGTON
CHESHIRE
WA5 4HX
Accountants
P A Hull & Co
34 Queen Street
Newton Le Willows
WA12 9AZ
Accrapak Systems Limited
Statement of financial position
as at 31 August 2023
Tangible assets
322,403
320,265
Cash at bank and in hand
193,401
249,562
Creditors: amounts falling due within one year
(52,773)
(163,747)
Net current assets
129,376
186,374
Net assets
453,742
508,603
Called up share capital
100
100
Revaluation reserve
258,200
258,200
Profit and loss account
195,442
250,303
Shareholders' funds
453,742
508,603
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 May 2024 and were signed on its behalf by
Mr G Pennington
Director
Company Registration No. 01272660
Accrapak Systems Limited
Notes to the Accounts
for the year ended 31 August 2023
Accrapak Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 01272660. The registered office is BURTONWOOD INDUSTRIAL ESTATE, 57 PHIPPS LANE, BURTONWOOD, WARRINGTON, CHESHIRE, WA5 4HX.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Land & buildings
50 years straight line
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Total
Accrapak Systems Limited
Notes to the Accounts
for the year ended 31 August 2023
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Tangible fixed assets
Total
At 1 September 2022
466,049
At 1 September 2022
145,784
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Average number of employees
During the year the average number of employees was 8 (2022: 8).