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Company Registration No. 07144050 (England and Wales)
Origin Paper Limited Unaudited accounts for the year ended 29 February 2024
Origin Paper Limited Unaudited accounts Contents
Page
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Origin Paper Limited Company Information for the year ended 29 February 2024
Director
M Mulligan
Company Number
07144050 (England and Wales)
Registered Office
The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 5BN England
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
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Origin Paper Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,040 
13,181 
Current assets
Inventories
2,256 
981 
Debtors
428 
1,461 
Cash at bank and in hand
7,793 
3,351 
10,477 
5,793 
Creditors: amounts falling due within one year
(23,671)
(22,877)
Net current liabilities
(13,194)
(17,084)
Total assets less current liabilities
15,846 
(3,903)
Creditors: amounts falling due after more than one year
(29,250)
(7,250)
Provisions for liabilities
Deferred tax
(5,517)
(2,504)
Net liabilities
(18,921)
(13,657)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(19,921)
(14,657)
Shareholders' funds
(18,921)
(13,657)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 November 2024 and were signed on its behalf by
M Mulligan Director Company Registration No. 07144050
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Origin Paper Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Origin Paper Limited is a private company, limited by shares, registered in England and Wales, registration number 07144050. The registered office is The Corner House, 4 Beaumont Road, Church Stretton, Shropshire, SY6 5BN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% per annum reducing balance
Motor vehicles
10% per annum reducing balance
Fixtures & fittings
15% per annum reducing balance
Computer equipment
15% per annum reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
14,919 
- 
9,208 
24,127 
Additions
- 
18,161 
925 
19,086 
At 29 February 2024
14,919 
18,161 
10,133 
43,213 
Depreciation
At 1 March 2023
5,031 
- 
5,915 
10,946 
Charge for the year
989 
1,816 
422 
3,227 
At 29 February 2024
6,020 
1,816 
6,337 
14,173 
Net book value
At 29 February 2024
8,899 
16,345 
3,796 
29,040 
At 28 February 2023
9,888 
- 
3,293 
13,181 
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Origin Paper Limited Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
428 
1,461 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,953 
3,000 
VAT
1,213 
822 
Trade creditors
11,894 
11,494 
Loans from directors
3,916 
6,866 
Accruals
695 
695 
23,671 
22,877 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,250 
7,250 
Other creditors
25,000 
- 
29,250 
7,250 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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