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REGISTERED NUMBER: 06530013 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1ST APRIL 2024 TO 23RD JANUARY 2025

FOR

FOOD PACKAGING RESOURCE LIMITED

FOOD PACKAGING RESOURCE LIMITED (REGISTERED NUMBER: 06530013)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST APRIL 2024 TO 23RD JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FOOD PACKAGING RESOURCE LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST APRIL 2024 TO 23RD JANUARY 2025







DIRECTORS: Mrs J D Pipe
Mr M Pipe





SECRETARY: Mrs J D Pipe





REGISTERED OFFICE: 54 Thorpe Road
Norwich
Norfolk
NR1 1RY





REGISTERED NUMBER: 06530013 (England and Wales)





ACCOUNTANTS: Berry & Warren Ltd
Chartered Accountants
54 Thorpe Road
Norwich
Norfolk
NR1 1RY

FOOD PACKAGING RESOURCE LIMITED (REGISTERED NUMBER: 06530013)

BALANCE SHEET
23RD JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 16,382
- 16,382

CURRENT ASSETS
Stocks - 147,672
Debtors 6 480,290 429,455
Cash at bank 975,413 755,740
1,455,703 1,332,867
CREDITORS
Amounts falling due within one year 7 400,777 695,217
NET CURRENT ASSETS 1,054,926 637,650
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,054,926

654,032

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,054,826 653,932
SHAREHOLDERS' FUNDS 1,054,926 654,032

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 23rd January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 23rd January 2025 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.

FOOD PACKAGING RESOURCE LIMITED (REGISTERED NUMBER: 06530013)

BALANCE SHEET - continued
23RD JANUARY 2025


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 4th February 2025 and were signed on its behalf by:





Mr M Pipe - Director


FOOD PACKAGING RESOURCE LIMITED (REGISTERED NUMBER: 06530013)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST APRIL 2024 TO 23RD JANUARY 2025

1. STATUTORY INFORMATION

Food Packaging Resource 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.

The following criteria must also be met before revenue is recognised:

Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has accepted delivery of the goods.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Office costs - 10% straight line
Plant and machinery - 15% reducing balance


The assets' residual values , useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income and retained earnings.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first in, first out method.

FOOD PACKAGING RESOURCE LIMITED (REGISTERED NUMBER: 06530013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST APRIL 2024 TO 23RD JANUARY 2025

2. ACCOUNTING POLICIES - continued

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

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.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from banks and other third parties.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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 AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2024 15,000
Disposals (15,000 )
At 23rd January 2025 -
AMORTISATION
At 1st April 2024 15,000
Eliminated on disposal (15,000 )
At 23rd January 2025 -
NET BOOK VALUE
At 23rd January 2025 -
At 31st March 2024 -

FOOD PACKAGING RESOURCE LIMITED (REGISTERED NUMBER: 06530013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST APRIL 2024 TO 23RD JANUARY 2025

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st April 2024 18,211 28,814 47,025
Disposals (18,211 ) (28,814 ) (47,025 )
At 23rd January 2025 - - -
DEPRECIATION
At 1st April 2024 7,284 23,359 30,643
Charge for period 1,518 681 2,199
Eliminated on disposal (8,802 ) (24,040 ) (32,842 )
At 23rd January 2025 - - -
NET BOOK VALUE
At 23rd January 2025 - - -
At 31st March 2024 10,927 5,455 16,382

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 240,290 429,455
Other debtors 240,000 -
480,290 429,455

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 16,236 342,282
Taxation and social security 313,969 161,617
Other creditors 70,572 191,318
400,777 695,217

8. ULTIMATE CONTROLLING PARTY

The company is under the control of Mr M Pipe and Mrs J Pipe.