The Packaging Company (GB) Limited 06479417 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is the sale of packaging materials Digita Accounts Production Advanced 6.30.9574.0 true 06479417 2023-02-01 2024-01-31 06479417 2024-01-31 06479417 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 06479417 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 06479417 bus:Micro-entities 2023-02-01 2024-01-31 06479417 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 06479417 bus:FullAccounts 2023-02-01 2024-01-31 06479417 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 06479417 bus:RegisteredOffice 2023-02-01 2024-01-31 06479417 bus:Director1 2023-02-01 2024-01-31 06479417 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 06479417 bus:Agent1 2023-02-01 2024-01-31 06479417 countries:England 2023-02-01 2024-01-31 06479417 2022-02-01 2023-01-31 06479417 2023-01-31 06479417 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 06479417 core:Non-currentFinancialInstruments core:AfterOneYear 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 06479417

The Packaging Company (GB) Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 January 2024

 

The Packaging Company (GB) Limited

Contents

Company Information

1

Accountants' Report

2

Profit and Loss Account

3

Balance Sheet

4 to 5

Notes to the Unaudited Financial Statements

4

Detailed Profit and Loss Account

6 to 7

 

The Packaging Company (GB) Limited

Company Information

Director

DP Davies

Registered office

18-20 Moorland Road
Burslem
Staffordshire
ST6 1DW

Accountants

A Wood and Co LLP
18-20 Moorland Road
Burslem
Stoke-on-Trent
Staffordshire
ST6 1DW

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
The Packaging Company (GB) Limited
for the Year Ended 31 January 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Packaging Company (GB) Limited for the year ended 31 January 2024 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of The Packaging Company (GB) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of The Packaging Company (GB) Limited and state those matters that we have agreed to state to the Board of Directors of The Packaging Company (GB) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Packaging Company (GB) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that The Packaging Company (GB) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Packaging Company (GB) Limited. You consider that The Packaging Company (GB) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of The Packaging Company (GB) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

A Wood and Co LLP
18-20 Moorland Road
Burslem
Stoke-on-Trent
Staffordshire
ST6 1DW

14 August 2024

 

The Packaging Company (GB) Limited

Profit and Loss Account for the Year Ended 31 January 2024

2024
£

2023
£

Turnover

151,053

157,283

Cost of raw materials and consumables

(119,861)

(113,192)

Staff costs

(12,153)

(7,915)

Depreciation and other amounts written off assets

(1,447)

(1,922)

Other charges

(16,274)

(17,454)

Profit before tax

1,318

16,800

Tax on profit

(542)

(2,102)

Profit for the year

776

14,698

 

The Packaging Company (GB) Limited

(Registration number: 06479417)
Balance Sheet as at 31 January 2024

2024
£

2023
£

Fixed assets

4,484

5,932

Current assets

55,393

60,551

Prepayments and accrued income

1,038

1,443

Creditors: Amounts falling due within one year

(40,417)

(31,146)

Net current assets

16,014

30,848

Total assets less current liabilities

20,498

36,780

Creditors: Amounts falling due after more than one year

(6,211)

(10,561)

Provisions for liabilities

(1,127)

(1,127)

Accruals and deferred income

(1,818)

(8,426)

 

11,342

16,666

Capital and reserves

11,342

16,666

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
18-20 Moorland Road
Burslem
Staffordshire
ST6 1DW
United Kingdom

These financial statements were authorised for issue by the director on 14 August 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

 

The Packaging Company (GB) Limited

(Registration number: 06479417)
Balance Sheet as at 31 January 2024

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 14 August 2024
 

.........................................
DP Davies
Director

 

The Packaging Company (GB) Limited

Detailed Profit and Loss Account for the Year Ended 31 January 2024

2024
 £

2023
 £

turnover (analysed below)

151,053

157,283

Cost of sales (analysed below)

(119,861)

(113,192)

Gross profit

31,192

44,091

Gross profit (%)

20.65%

28.03%

Administrative expenses

Employment costs (analysed below)

(12,153)

(7,915)

Establishment costs (analysed below)

(3,610)

(3,883)

General administrative expenses (analysed below)

(11,742)

(12,431)

Finance charges (analysed below)

(437)

(453)

Depreciation costs (analysed below)

(1,447)

(1,922)

(29,389)

(26,604)

Operating profit

1,803

17,487

Interest payable and similar charges (analysed below)

(485)

(687)

Profit before tax

1,318

16,800

 

The Packaging Company (GB) Limited

Detailed Profit and Loss Account for the Year Ended 31 January 2024

2024
£

2023
£

   

Turnover

Sale of goods, UK

151,053

157,283

   

Cost of sales

Opening merchandise

(21,025)

(13,871)

Purchases

(113,610)

(120,346)

Closing merchandise

14,774

21,025

(119,861)

(113,192)

   

Employment costs

Directors remuneration

(12,153)

(7,928)

Directors NIC (Employers)

-

13

(12,153)

(7,915)

   

Establishment costs

Rent

(3,066)

(3,310)

Insurance

(409)

(412)

Repairs and renewals

(135)

(161)

(3,610)

(3,883)

   

General administrative expenses

Telephone and fax

(1,166)

(879)

Computer software and maintenance costs

(295)

(1,043)

Printing, postage and stationery

(58)

(71)

Sundry expenses

(82)

(410)

Motor expenses

(6,172)

(7,880)

Accountancy fees

(2,529)

(1,975)

Legal and professional fees

(80)

(173)

Bad debts written off

(1,360)

-

(11,742)

(12,431)

   

Finance charges

Bank charges

(437)

(453)

   

Depreciation costs

Depreciation of other tangible (owned)

(1,447)

(1,922)

   

Interest payable and similar expenses

Bank loan interest payable

(401)

(442)

Other loan interest

-

(245)

Other interest payable

(84)

-

(485)

(687)