Registered number
03885675
PACKAGING SOLUTIONS INTERNATIONAL LTD
Filleted Accounts
31 October 2024
PACKAGING SOLUTIONS INTERNATIONAL LTD
Registered number: 03885675
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 550 688
Current assets
Debtors 4 - 7,323
Cash at bank and in hand 12,375 30,569
12,375 37,892
Creditors: amounts falling due within one year 5 - (2,745)
Net current assets 12,375 35,147
Total assets less current liabilities 12,925 35,835
Creditors: amounts falling due after more than one year 6 - (14,271)
Net assets 12,925 21,564
Capital and reserves
Called up share capital 2 2
Profit and loss account 12,923 21,562
Shareholder's funds 12,925 21,564
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr J Jordan
Director
Approved by the board on 1 November 2024
PACKAGING SOLUTIONS INTERNATIONAL LTD
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Office equipment
£
Cost
At 1 November 2023 18,497
At 31 October 2024 18,497
Depreciation
At 1 November 2023 17,809
Charge for the year 138
At 31 October 2024 17,947
Net book value
At 31 October 2024 550
At 31 October 2023 688
4 Debtors 2024 2023
£ £
Trade debtors - 7,323
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors - 93
Taxation and social security costs - 652
Other creditors - 2,000
- 2,745
6 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors - 14,271
7 Other information
PACKAGING SOLUTIONS INTERNATIONAL LTD is a private company limited by shares and incorporated in England. Its registered office is:
Unit 3 Ringwood Trading Estate
Castleman Way
Ringwood
Dorset
BH24 3BA
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