for the Period Ended 31 December 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2023
Principal activities of the company
Political and charitable donations
Company policy on disabled employees
Additional information
Future Outlook - The Directors believe the business is well placed to continue supporting its customer’s growth plans and will continue to invest in capital equipment to ensure future market trends will be met. Going Concern - The Directors have considered the Company’s forecasted financial performance and cash flows for the next 12 months which show the Company is expected to continue to be cash generative and able to meet its liabilities as they fall due. However, the Company’s cash balances are managed through a cash pooling arrangement within Huhtamaki Oyj Group. Consequently, the ability of the Company to continue as a going concern is reliant on the Huhtamaki Oyj Group continuing as a going concern and providing financial support through this cash pooling arrangement. Huhtamaki Oyj has confirmed that it will continue to provide financial support to the Company for at least the next 12 months. The Directors are satisfied that the Huhtamaki Oyj Group has sufficient cash and liquidity to provide this support. Huhtamaki Oyj Group is expected to continue to be cash generative and meet its obligations as they fall due for at least the next 12 months. Consequently, the Directors continue to adopt the going concern basis of accounting in preparing the annual financial statements. Events after the reporting period - There were no events after the reporting period which require disclosure in these financial statements. Employee engagement, Business relationships, Research and development activities, Streamlined energy and carbon reporting, Disclosure of information to auditors
Directors
The directors shown below have held office during the whole of the period from
1 January 2023
to
31 December 2023
Secretary
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 2022 | |
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Administrative expenses: |
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Operating profit(or loss): |
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Interest receivable and similar income: |
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Interest payable and similar charges: |
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2023 | 2022 | |
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Called up share capital not paid: |
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Fixed assets | |||
Intangible assets: | 3 |
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Tangible assets: | 4 |
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Investments: | 5 |
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Total fixed assets: |
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Current assets | |||
Stocks: | 6 |
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Debtors: | 7 |
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Cash at bank and in hand: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 8 |
(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 9 |
(
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Provision for liabilities: |
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(
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Accruals and deferred income: |
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(
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Total net assets (liabilities): |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Total Shareholders' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2023
Basis of measurement and preparation
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
Valuation information and policy
Other accounting policies
for the Period Ended 31 December 2023
2023 | 2022 | |
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Average number of employees during the period |
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for the Period Ended 31 December 2023
Goodwill | Other | Total | |
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Cost | £ | £ | £ |
At 1 January 2023 |
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Additions | |||
Disposals | |||
Revaluations | |||
Transfers | |||
At 31 December 2023 |
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Amortisation | |||
At 1 January 2023 |
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Charge for year |
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On disposals | |||
Other adjustments | |||
At 31 December 2023 |
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Net book value | |||
At 31 December 2023 |
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At 31 December 2022 |
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for the Period Ended 31 December 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 January 2023 |
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Additions |
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Disposals |
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Revaluations | ||||||
Transfers | ||||||
At 31 December 2023 |
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Depreciation | ||||||
At 1 January 2023 |
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Charge for year |
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On disposals |
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(
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Other adjustments | ||||||
At 31 December 2023 |
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Net book value | ||||||
At 31 December 2023 |
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At 31 December 2022 |
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for the Period Ended 31 December 2023
The investment at 31 December 2023 represents 100% of the ordinary ‘A’, ‘B’ and deferred shares of Huhtamaki (Lisburn) Limited, a company incorporated in the UK. With registered office address at 41 Inn Road, Dollingstown, Lurgan, Co. Armagh BT66 7JW
for the Period Ended 31 December 2023
2023 | 2022 | |
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£ | £ | |
Stocks |
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Total |
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for the Period Ended 31 December 2023
2023 | 2022 | |
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£ | £ | |
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Total |
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for the Period Ended 31 December 2023
2023 | 2022 | |
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£ | £ | |
Amounts due under finance leases and hire purchase contracts |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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for the Period Ended 31 December 2023
2023 | 2022 | |
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£ | £ | |
Amounts due under finance leases and hire purchase contracts |
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Total |
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for the Period Ended 31 December 2023