ECO BIO PACKAGING LTD

Company Registration Number:
SC638083 (Scotland)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

ECO BIO PACKAGING LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes

ECO BIO PACKAGING LTD

Directors' report period ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Principal activities of the company

packaging services.



Directors

The director shown below has held office during the whole of the period from
1 September 2022 to 31 August 2023

Nobeela Kashmiri


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
31 May 2024

And signed on behalf of the board by:
Name: Nobeela Kashmiri
Status: Director

ECO BIO PACKAGING LTD

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 5,373 2,147
Total fixed assets: 5,373 2,147
Current assets
Stocks: 4 160,927 100,000
Debtors: 5 13,121 19,603
Cash at bank and in hand: 5,073 3,957
Total current assets: 179,121 123,560
Creditors: amounts falling due within one year: 6 ( 98,554 ) ( 68,370 )
Net current assets (liabilities): 80,567 55,190
Total assets less current liabilities: 85,940 57,337
Total net assets (liabilities): 85,940 57,337
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 85,840 57,237
Total Shareholders' funds: 85,940 57,337

The notes form part of these financial statements

ECO BIO PACKAGING LTD

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 31 May 2024
and signed on behalf of the board by:

Name: Nobeela Kashmiri
Status: Director

The notes form part of these financial statements

ECO BIO PACKAGING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent impairment losses.

    Other accounting policies

    Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference Going concern After reviewing the forecasts and projections, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing it financial statements

ECO BIO PACKAGING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

ECO BIO PACKAGING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 2,680 0 2,680
Additions 4,300 4,300
Disposals
Revaluations
Transfers
At 31 August 2023 2,680 4,300 6,980
Depreciation
At 1 September 2022 533 0 533
Charge for year 214 860 1,074
On disposals
Other adjustments
At 31 August 2023 747 860 1,607
Net book value
At 31 August 2023 1,933 3,440 5,373
At 31 August 2022 2,147 0 2,147

ECO BIO PACKAGING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Stocks

2023 2022
£ £
Stocks 160,927 100,000
Total 160,927 100,000

ECO BIO PACKAGING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Debtors

2023 2022
£ £
Trade debtors 13,121 19,603
Total 13,121 19,603

ECO BIO PACKAGING LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 30,000 40,000
Trade creditors 41,058 3,416
Taxation and social security 27,076 24,534
Accruals and deferred income 420 420
Total 98,554 68,370