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REGISTERED NUMBER: 07969275 (England and Wales)










FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

BEVPACK LIMITED

BEVPACK LIMITED (REGISTERED NUMBER: 07969275)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


BEVPACK LIMITED (REGISTERED NUMBER: 07969275)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 515,441 594,020

CURRENT ASSETS
Stocks 13,652 23,055
Debtors 5 35,997 49,419
Cash at bank 9,535 8,996
59,184 81,470
CREDITORS
Amounts falling due within one year 6 175,989 253,919
NET CURRENT LIABILITIES (116,805 ) (172,449 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

398,636

421,571

CREDITORS
Amounts falling due after more than one year 7 (163,199 ) (259,552 )

PROVISIONS FOR LIABILITIES (61,272 ) (44,718 )
NET ASSETS 174,165 117,301

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 174,164 117,300
SHAREHOLDERS' FUNDS 174,165 117,301

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BEVPACK LIMITED (REGISTERED NUMBER: 07969275)

BALANCE SHEET - continued
29 FEBRUARY 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 director and authorised for issue on 29 November 2024 and were signed by:





D Cowderoy - Director


BEVPACK LIMITED (REGISTERED NUMBER: 07969275)

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


1. STATUTORY INFORMATION

Bevpack Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07969275

Registered office: Unit 2
Moonhill Farm
Burgess Hill Road
Ansty
West Sussex
RH17 5AH

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated
impairment losses. Cost includes costs directly attributable to making the asset capable of operating as
intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.

Fixtures and fittings - 15% on cost
Computer equipment - 25% on cost
Plant and equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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.


BEVPACK LIMITED (REGISTERED NUMBER: 07969275)

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


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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 5 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 March 2023 36,353 900,921 7,242
Additions - 12,631 -
Disposals - (12,813 ) -
At 29 February 2024 36,353 900,739 7,242
DEPRECIATION
At 1 March 2023 36,353 324,643 4,761
Charge for year - 83,630 892
Eliminated on disposal - (6,317 ) -
At 29 February 2024 36,353 401,956 5,653
NET BOOK VALUE
At 29 February 2024 - 498,783 1,589
At 28 February 2023 - 576,278 2,481

BEVPACK LIMITED (REGISTERED NUMBER: 07969275)

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


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2023 40,247 8,420 993,183
Additions - 4,858 17,489
Disposals - - (12,813 )
At 29 February 2024 40,247 13,278 997,859
DEPRECIATION
At 1 March 2023 27,282 6,124 399,163
Charge for year 3,241 1,809 89,572
Eliminated on disposal - - (6,317 )
At 29 February 2024 30,523 7,933 482,418
NET BOOK VALUE
At 29 February 2024 9,724 5,345 515,441
At 28 February 2023 12,965 2,296 594,020

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2023 406,523 34,948 441,471
Disposals (9,566 ) - (9,566 )
At 29 February 2024 396,957 34,948 431,905
DEPRECIATION
At 1 March 2023 115,042 22,514 137,556
Charge for year 34,381 3,108 37,489
Eliminated on disposal (3,964 ) - (3,964 )
At 29 February 2024 145,459 25,622 171,081
NET BOOK VALUE
At 29 February 2024 251,498 9,326 260,824
At 28 February 2023 291,481 12,434 303,915

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 31,135
Other debtors 35,997 18,284
35,997 49,419

BEVPACK LIMITED (REGISTERED NUMBER: 07969275)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 69,570 59,572
Hire purchase contracts (see note 8) 33,698 45,832
Trade creditors 47,481 32,281
Taxation and social security 13,782 44,092
Other creditors 11,458 72,142
175,989 253,919

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 98,833 161,488
Hire purchase contracts (see note 8) 64,366 98,064
163,199 259,552

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 33,698 45,832
Between one and five years 64,366 98,064
98,064 143,896

9. SECURED DEBTS

Bank loans are secured against the fixed assets of the company.