Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-2902023-03-01falseManufacture of wooden containers0falsetruefalse 07393741 2023-03-01 2024-02-29 07393741 2022-03-01 2023-02-28 07393741 2024-02-29 07393741 2023-02-28 07393741 2022-03-01 07393741 c:Director1 2023-03-01 2024-02-29 07393741 d:CurrentFinancialInstruments 2024-02-29 07393741 d:CurrentFinancialInstruments 2023-02-28 07393741 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 07393741 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 07393741 d:UKTax 2023-03-01 2024-02-29 07393741 d:UKTax 2022-03-01 2023-02-28 07393741 d:ShareCapital 2024-02-29 07393741 d:ShareCapital 2022-03-01 2023-02-28 07393741 d:ShareCapital 2023-02-28 07393741 d:ShareCapital 2022-03-01 07393741 d:RetainedEarningsAccumulatedLosses 2023-03-01 2024-02-29 07393741 d:RetainedEarningsAccumulatedLosses 2024-02-29 07393741 d:RetainedEarningsAccumulatedLosses 2022-03-01 2023-02-28 07393741 d:RetainedEarningsAccumulatedLosses 2023-02-28 07393741 d:RetainedEarningsAccumulatedLosses 2022-03-01 07393741 c:OrdinaryShareClass1 2023-03-01 2024-02-29 07393741 c:OrdinaryShareClass1 2024-02-29 07393741 c:OrdinaryShareClass1 2023-02-28 07393741 c:OrdinaryShareClass2 2023-03-01 2024-02-29 07393741 c:OrdinaryShareClass2 2024-02-29 07393741 c:OrdinaryShareClass2 2023-02-28 07393741 c:OrdinaryShareClass3 2023-03-01 2024-02-29 07393741 c:OrdinaryShareClass3 2024-02-29 07393741 c:OrdinaryShareClass3 2023-02-28 07393741 c:OrdinaryShareClass4 2023-03-01 2024-02-29 07393741 c:OrdinaryShareClass4 2024-02-29 07393741 c:OrdinaryShareClass4 2023-02-28 07393741 c:FRS102 2023-03-01 2024-02-29 07393741 c:Audited 2023-03-01 2024-02-29 07393741 c:FullAccounts 2023-03-01 2024-02-29 07393741 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07393741 d:WithinOneYear 2024-02-29 07393741 d:WithinOneYear 2023-02-28 07393741 d:BetweenOneFiveYears 2024-02-29 07393741 d:BetweenOneFiveYears 2023-02-28 07393741 c:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 07393741 e:PoundSterling 2023-03-01 2024-02-29 xbrli:shares iso4217:GBP xbrli:pure
Company registration number: 07393741







FINANCIAL STATEMENTS
FOR THE YEAR ENDED
29 FEBRUARY 2024


CHILFEN EXPORT PACKAGING LIMITED






































img0d54.png                        

 


CHILFEN EXPORT PACKAGING LIMITED
REGISTERED NUMBER:07393741



STATEMENT OF FINANCIAL POSITION
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Investments
 5 
312,052
312,052

  
312,052
312,052

Current assets
  

Debtors: amounts falling due within one year
 6 
304,812
540,101

Cash at bank and in hand
  
1,783
9,833

  
306,595
549,934

Creditors: amounts falling due within one year
 7 
(448,521)
(466,482)

Net current (liabilities)/assets
  
 
 
(141,926)
 
 
83,452

Total assets less current liabilities
  
170,126
395,504

  

Net assets
  
170,126
395,504


Capital and reserves
  

Called up share capital 
 8 
1,400
1,400

Profit and loss account
  
168,726
394,104

  
170,126
395,504


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
R B A Childs
Director

Date: 20 November 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 1

 


CHILFEN EXPORT PACKAGING LIMITED
 



STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 29 FEBRUARY 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 March 2022
1,400
345,289
346,689



Profit for the year
-
622,811
622,811
Total comprehensive income for the year
-
622,811
622,811

Dividends: Equity capital
-
(573,996)
(573,996)



At 1 March 2023
1,400
394,104
395,504



Profit for the year
-
318,618
318,618

Dividends: Equity capital
-
(543,996)
(543,996)


At 29 February 2024
1,400
168,726
170,126


The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


CHILFEN EXPORT PACKAGING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Chilfen Export Packaging Limited 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.
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 


CHILFEN EXPORT PACKAGING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.





0
0


4.


Taxation

29 February
28 February
2024
2023
£
£

Corporation tax

Current tax on profits for the year
-
103,834


-
103,834

Deferred tax

Origination and reversal of timing differences
-
(1,359)

-
(1,359)

Tax on profit
-
102,475


Page 4

 


CHILFEN EXPORT PACKAGING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Fixed asset investments








Trade investments

£





At 1 March 2023
312,052





6.


Debtors

29 February
28 February
2024
2023
£
£


Trade debtors
-
378

Amounts owed by group undertakings
304,812
535,273

Other debtors
-
4,450

304,812
540,101



7.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Trade creditors
5,463
9,920

Amounts owed to group undertakings
60,398
-

Corporation tax
-
103,834

Other taxation and social security
9,933
9,598

Other creditors
372,127
340,130

Accruals and deferred income
600
3,000

448,521
466,482


The following liabilities were secured:




Details of security provided:

Security has also been provided to the company bankers by way of a fixed and floating charge over all assets of the
company.


8.


Share capital

29 February
28 February
Page 5

 


CHILFEN EXPORT PACKAGING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

8.Share capital (continued)

2024
2023
£
£
Allotted, called up and fully paid



728 (2023 - 728) Ordinary A shares of £1.00 each
728
728
224 (2023 - 224) Ordinary B shares of £1.00 each
224
224
224 (2023 - 224) Ordinary C shares of £1.00 each
224
224
224 (2023 - 224) Ordinary  D shares of £1.00 each
224
224

1,400

1,400



9.


Commitments under operating leases

At 29 February 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

29 February
28 February
2024
2023
£
£


Not later than 1 year
11,769
19,984

Later than 1 year and not later than 5 years
1,006
12,775

12,775
32,759


10.


Controlling party

The parent undertaking and ultimate holding company is Wiltonsign Properties Limited, a company
incorporated in England and Wales at 5 Yeomans Court, Ware Road, Hertford, Hertfordshire, SG13 7HJ. The
smallest and largest group financial statements in which the results of the company are included are available
from this address.


11.


Auditors' information

The auditors' report on the financial statements for the year ended 29 February 2024 was unqualified.

The audit report was signed on 27 November 2024 by James Fox ACA FCCA (Senior statutory auditor) on behalf of Menzies LLP.

 
Page 6