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REGISTERED NUMBER: 10864822 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

DJW Packaging Ltd

DJW Packaging Ltd (Registered number: 10864822)

Contents of the Financial Statements
for the Year Ended 31 July 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 8

DJW Packaging Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: D Whiteley





SECRETARY: Mrs R Whiteley





REGISTERED OFFICE: 19 Railway Street
Pocklington
York
YO42 2QR





REGISTERED NUMBER: 10864822 (England and Wales)





ACCOUNTANTS: Kaye Middleton & Co
19 Railway Street
Pocklington
York
East Yorkshire
YO42 2QR

DJW Packaging Ltd (Registered number: 10864822)

Statement of Financial Position
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 64,886 60,441

CURRENT ASSETS
Stocks 34,528 61,428
Debtors 5 425,518 561,073
Cash at bank and in hand 47,885 38,705
507,931 661,206
CREDITORS
Amounts falling due within one year 6 224,879 391,582
NET CURRENT ASSETS 283,052 269,624
TOTAL ASSETS LESS CURRENT
LIABILITIES

347,938

330,065

CREDITORS
Amounts falling due after more than one
year

7

26,250

18,337
NET ASSETS 321,688 311,728

CAPITAL AND RESERVES
Called up share capital 250 250
Retained earnings 321,438 311,478
321,688 311,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

DJW Packaging Ltd (Registered number: 10864822)

Statement of Financial Position - continued
31 July 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 August 2024 and were signed by:





D Whiteley - Director


DJW Packaging Ltd (Registered number: 10864822)

Notes to the Financial Statements
for the Year Ended 31 July 2024


1. STATUTORY INFORMATION

DJW 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance and 15% on reducing balance

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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

DJW Packaging Ltd (Registered number: 10864822)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


2. ACCOUNTING POLICIES - continued

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.

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 108,913
Additions 59,507
Disposals (70,768 )
At 31 July 2024 97,652
DEPRECIATION
At 1 August 2023 48,472
Charge for year 17,163
Eliminated on disposal (32,869 )
At 31 July 2024 32,766
NET BOOK VALUE
At 31 July 2024 64,886
At 31 July 2023 60,441

DJW Packaging Ltd (Registered number: 10864822)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


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 August 2023 43,095
Additions 55,413
Transfer to ownership (43,095 )
At 31 July 2024 55,413
DEPRECIATION
At 1 August 2023 24,914
Charge for year 11,082
Transfer to ownership (24,914 )
At 31 July 2024 11,082
NET BOOK VALUE
At 31 July 2024 44,331
At 31 July 2023 18,181

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 418,674 545,236
Other debtors 6,844 15,837
425,518 561,073

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 14,967 11,349
Trade creditors 153,578 304,387
Taxation and social security 45,268 34,825
Other creditors 1,066 31,021
224,879 391,582

DJW Packaging Ltd (Registered number: 10864822)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 8,337 18,337
Hire purchase contracts 17,913 -
26,250 18,337

DJW Packaging Ltd

Report of the Accountants to the Director of
DJW Packaging Ltd


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 July 2024 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Kaye Middleton & Co
19 Railway Street
Pocklington
York
East Yorkshire
YO42 2QR


20 August 2024