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REGISTERED NUMBER: 12308146 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Quickbox Manufacturing Limited

Quickbox Manufacturing Limited (Registered number: 12308146)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Quickbox Manufacturing Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: B Sellars
R T Green
G Sellars





REGISTERED OFFICE: Lindum House
Beels Road
Stallingborough
Grimsby
N E Lincolnshire
DN41 8DN





REGISTERED NUMBER: 12308146 (England and Wales)

Quickbox Manufacturing Limited (Registered number: 12308146)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 339,052 269,438

CURRENT ASSETS
Stocks 20,523 18,256
Debtors 5 101,019 222,884
Cash at bank 60,681 19,733
182,223 260,873
CREDITORS
Amounts falling due within one year 6 259,732 313,183
NET CURRENT LIABILITIES (77,509 ) (52,310 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

261,543

217,128

CREDITORS
Amounts falling due after more than one
year

7

(25,896

)

(43,621

)

PROVISIONS FOR LIABILITIES (64,303 ) (51,035 )
NET ASSETS 171,344 122,472

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 13,077 13,077
Retained earnings 158,167 109,295
171,344 122,472

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

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

Quickbox Manufacturing Limited (Registered number: 12308146)

Balance Sheet - continued
31 December 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 25 July 2024 and were signed on its behalf by:




B Sellars - Director G Sellars - Director




R T Green - Director


Quickbox Manufacturing Limited (Registered number: 12308146)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Quickbox Manufacturing 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 15% on cost
Plant and machinery - 20% on cost and 15% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% 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.

Taxation
Taxation for the year 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.

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 year 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Quickbox Manufacturing Limited (Registered number: 12308146)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

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 13 (2022 - 13 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2023 1,465 256,046 12,601
Additions - 141,653 5,021
Disposals - - -
At 31 December 2023 1,465 397,699 17,622
DEPRECIATION
At 1 January 2023 633 72,497 4,277
Charge for year 220 52,674 1,974
Eliminated on disposal - - -
At 31 December 2023 853 125,171 6,251
NET BOOK VALUE
At 31 December 2023 612 272,528 11,371
At 31 December 2022 832 183,549 8,324

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2023 92,730 9,128 371,970
Additions - 3,500 150,174
Disposals (23,355 ) - (23,355 )
At 31 December 2023 69,375 12,628 498,789
DEPRECIATION
At 1 January 2023 21,426 3,699 102,532
Charge for year 15,493 2,475 72,836
Eliminated on disposal (15,631 ) - (15,631 )
At 31 December 2023 21,288 6,174 159,737
NET BOOK VALUE
At 31 December 2023 48,087 6,454 339,052
At 31 December 2022 71,304 5,429 269,438

Quickbox Manufacturing Limited (Registered number: 12308146)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 69,375
DEPRECIATION
At 1 January 2023 7,413
Charge for year 13,875
At 31 December 2023 21,288
NET BOOK VALUE
At 31 December 2023 48,087
At 31 December 2022 61,962

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 80,546 180,657
Other debtors 20,473 42,227
101,019 222,884

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 18,839 17,725
Trade creditors 104,829 136,000
Amounts owed to group undertakings 54,219 70,000
Taxation and social security 37,175 43,910
Other creditors 44,670 45,548
259,732 313,183

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 25,896 43,621

8. ULTIMATE CONTROLLING PARTY

The ultimate parent company and controlling party is Well Able Limited, a company incorporated in England and Wales.