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REGISTERED NUMBER: 08247331 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Midland Packaging Dies Ltd

Midland Packaging Dies Ltd (Registered number: 08247331)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Midland Packaging Dies Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTORS: R Bailey
M Rooney





REGISTERED OFFICE: c/o ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB





REGISTERED NUMBER: 08247331 (England and Wales)





ACCOUNTANTS: ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB

Midland Packaging Dies Ltd (Registered number: 08247331)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,001 1,663

CURRENT ASSETS
Stocks 6,800 4,500
Debtors 5 3,916 5,489
Cash at bank and in hand 33,305 26,986
44,021 36,975
CREDITORS
Amounts falling due within one year 6 13,353 9,984
NET CURRENT ASSETS 30,668 26,991
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,669

28,654

PROVISIONS FOR LIABILITIES 190 276
NET ASSETS 31,479 28,378

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 31,477 28,376
SHAREHOLDERS' FUNDS 31,479 28,378

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Midland Packaging Dies Ltd (Registered number: 08247331)

Balance Sheet - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by:




R Bailey - Director



M Rooney - Director


Midland Packaging Dies Ltd (Registered number: 08247331)

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

1. STATUTORY INFORMATION

Midland Packaging Dies 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 represents sales of good and services which are stated net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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 Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments
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 NIL (2023 - 1 ).

Midland Packaging Dies Ltd (Registered number: 08247331)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 5,147 7,591 12,738
DEPRECIATION
At 1 November 2023 3,974 7,101 11,075
Charge for year 337 325 662
At 31 October 2024 4,311 7,426 11,737
NET BOOK VALUE
At 31 October 2024 836 165 1,001
At 31 October 2023 1,173 490 1,663

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 3,071 5,489
Other debtors 845 -
3,916 5,489

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 316 100
Corporation tax 1,801 661
Social security and other taxes 2,444 1,094
Directors' current accounts 8,142 7,479
Accrued expenses 650 650
13,353 9,984

7. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors. The amount owing to the directors as at the balance sheet date is £8,142, (2023 - £7,479).