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REGISTERED NUMBER: 05012841 (England and Wales)










Unaudited Financial Statements

for the Year Ended 29th February 2024

for

Arlington Packaging (Rental) Limited

Arlington Packaging (Rental) Limited (Registered number: 05012841)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Arlington Packaging (Rental) Limited

Company Information
for the Year Ended 29th February 2024







DIRECTORS: M H Fairbank
T M Fairbank
S E Fairbank





REGISTERED OFFICE: Units 16/17
Salisbury Road Business Park
Pewsey
Wiltshire
SN9 5PZ





REGISTERED NUMBER: 05012841 (England and Wales)





ACCOUNTANTS: Charlton Baker Limited
1st Floor
130 High Street
Marlborough
Wiltshire
SN8 1LZ

Arlington Packaging (Rental) Limited (Registered number: 05012841)

Balance Sheet
29th February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,444,678 2,932,083
Investments 5 450,100 450,100
3,894,778 3,382,183

CURRENT ASSETS
Debtors 6 848,057 752,026
Cash at bank and in hand 1,185,961 821,911
2,034,018 1,573,937
CREDITORS
Amounts falling due within one year 7 959,046 757,388
NET CURRENT ASSETS 1,074,972 816,549
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,969,750

4,198,732

CREDITORS
Amounts falling due after more than one
year

8

(10,841

)

(86,074

)

PROVISIONS FOR LIABILITIES (419,089 ) (384,110 )
NET ASSETS 4,539,820 3,728,548

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,539,720 3,728,448
SHAREHOLDERS' FUNDS 4,539,820 3,728,548

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

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 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.

Arlington Packaging (Rental) Limited (Registered number: 05012841)

Balance Sheet - continued
29th 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th November 2024 and were signed on its behalf by:




S E Fairbank - Director



M H Fairbank - Director


Arlington Packaging (Rental) Limited (Registered number: 05012841)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. STATUTORY INFORMATION

Arlington Packaging (Rental) 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

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance
Boxes for hire - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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
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.

Arlington Packaging (Rental) Limited (Registered number: 05012841)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st March 2023 677,430 6,201,698 6,879,128
Additions 342,782 1,044,706 1,387,488
Disposals - (60,902 ) (60,902 )
At 29th February 2024 1,020,212 7,185,502 8,205,714
DEPRECIATION
At 1st March 2023 76,132 3,870,913 3,947,045
Charge for year 4,329 836,306 840,635
Eliminated on disposal - (26,644 ) (26,644 )
At 29th February 2024 80,461 4,680,575 4,761,036
NET BOOK VALUE
At 29th February 2024 939,751 2,504,927 3,444,678
At 28th February 2023 601,298 2,330,785 2,932,083

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st March 2023
and 29th February 2024 450,100
NET BOOK VALUE
At 29th February 2024 450,100
At 28th February 2023 450,100

The investment relates to a 100% holding of the share capital of Arlington Liquid Solutions Limited (formerly Smart Carriers Services (Southern) Limited).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 754,298 672,875
Other debtors 93,759 79,151
848,057 752,026

Arlington Packaging (Rental) Limited (Registered number: 05012841)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts - 12,000
Hire purchase contracts and finance leases (see note 9)
34,780

39,902
Trade creditors 282,893 220,300
Amounts owed to group undertakings 600,687 330,687
Taxation and social security 8,500 135,980
Other creditors 32,186 18,519
959,046 757,388

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans - 10,574
Hire purchase contracts and finance leases (see note 9)
10,841

75,500
10,841 86,074

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts Finance leases
29.2.24 28.2.23 29.2.24 28.2.23
£    £    £    £   
Net obligations repayable:
Within one year 20,330 34,499 14,450 5,403
Between one and five years 10,841 61,050 - 14,450
31,171 95,549 14,450 19,853

10. SECURED DEBTS

The following secured debts are included within creditors:

29.2.24 28.2.23
£    £   
Bank loans - 22,574

Arlington Packaging (Rental) Limited (Registered number: 05012841)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29th February 2024 and 28th February 2023:

29.2.24 28.2.23
£    £   
S E Fairbank
Balance outstanding at start of year - -
Amounts advanced 8,340 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,340 -