Registration number:
The Packaging Company (GB) Limited
for the Year Ended 31 January 2024
The Packaging Company (GB) Limited
Contents
Company Information |
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Accountants' Report |
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Profit and Loss Account |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
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Detailed Profit and Loss Account |
The Packaging Company (GB) Limited
Company Information
Director |
DP Davies |
Registered office |
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Accountants |
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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.
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Burslem
Stoke-on-Trent
Staffordshire
ST6 1DW
The Packaging Company (GB) Limited
Profit and Loss Account for the Year Ended 31 January 2024
2024 |
2023 |
|
Turnover |
|
|
Cost of raw materials and consumables |
( |
( |
Staff costs |
( |
( |
Depreciation and other amounts written off assets |
( |
( |
Other charges |
(16,274) |
(17,454) |
Profit before tax |
|
|
Tax on profit |
( |
( |
Profit for the year |
|
|
The Packaging Company (GB) Limited
(Registration number: 06479417)
Balance Sheet as at 31 January 2024
2024 |
2023 |
|
Fixed assets |
|
|
Current assets |
|
|
Prepayments and accrued income |
|
|
Creditors: Amounts falling due within one year |
( |
( |
Net current assets |
|
|
Total assets less current liabilities |
|
|
Creditors: Amounts falling due after more than one year |
( |
( |
Provisions for liabilities |
( |
( |
Accruals and deferred income |
( |
( |
|
|
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Capital and reserves |
|
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General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
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'.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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
• |
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• |
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
......................................... |
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) |