Polybags UK Limited 14152216 true 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Dormand company Digita Accounts Production Advanced 6.30.9574.0 true Jonathan Davies false true 14152216 2023-07-01 2024-06-30 14152216 2024-06-30 14152216 core:ShareCapital 2024-06-30 14152216 core:CurrentFinancialInstruments 2024-06-30 14152216 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 14152216 bus:FRS102 2023-07-01 2024-06-30 14152216 bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14152216 bus:FullAccounts 2023-07-01 2024-06-30 14152216 bus:RegisteredOffice 2023-07-01 2024-06-30 14152216 bus:Director1 2023-07-01 2024-06-30 14152216 bus:EntityHasNeverTraded 2023-07-01 2024-06-30 14152216 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14152216 1 2023-07-01 2024-06-30 14152216 countries:EnglandWales 2023-07-01 2024-06-30 14152216 core:CostValuation 2023-06-30 14152216 2022-06-06 2023-06-30 14152216 2023-06-30 14152216 core:ShareCapital 2023-06-30 14152216 core:CurrentFinancialInstruments 2023-06-30 14152216 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 14152216

Polybags UK Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2024

 

Polybags UK Limited

Profit and Loss Account for the Year Ended 30 June 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Polybags UK Limited

(Registration number: 14152216)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

3

700

700

Current assets

 

Debtors

100

100

Creditors: Amounts falling due within one year

4

(700)

(700)

Net current liabilities

 

(600)

(600)

Net assets

 

100

100

Capital and reserves

 

Called up share capital

100

100

Shareholders' funds

 

100

100

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 18 March 2025
 

.........................................
Jonathan Davies
Director

 

Polybags UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1b Lyon Way
Greenford
Middx
UB6 0AQ

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Investments

2024
£

2023
£

Investments in subsidiaries

700

700

 

Polybags UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Subsidiaries

£

Cost or valuation

At 1 July 2023

700

Provision

Carrying amount

At 30 June 2024

700

At 30 June 2023

700

4

Creditors

2024
£

2023
£

Due within one year

Other payables

700

700

5

Parent and ultimate parent undertaking

The company is a wholly owned subsidiary of PB Packaging Group Ltd.

6

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).