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REGISTERED NUMBER: 08174859 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

UK POLYTHENE PACKAGING LTD

UK POLYTHENE PACKAGING LTD (REGISTERED NUMBER: 08174859)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


UK POLYTHENE PACKAGING LTD

COMPANY INFORMATION
for the Year Ended 31 August 2024







DIRECTOR: W Leigh





REGISTERED OFFICE: 5 Crescent East
Thornton Cleveleys
Lancashire
FY5 3LJ





REGISTERED NUMBER: 08174859 (England and Wales)





ACCOUNTANTS: ma2 Limited
Chartered Accountants
5 Crescent East
Thornton Cleveleys
Lancashire
FY5 3LJ

UK POLYTHENE PACKAGING LTD (REGISTERED NUMBER: 08174859)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,965 25,446

CURRENT ASSETS
Stocks 12,267 12,991
Debtors 5 82,733 143,260
Cash at bank 96,393 32,179
191,393 188,430
CREDITORS
Amounts falling due within one year 6 107,886 124,349
NET CURRENT ASSETS 83,507 64,081
TOTAL ASSETS LESS CURRENT
LIABILITIES

104,472

89,527

PROVISIONS FOR LIABILITIES 4,695 4,695
NET ASSETS 99,777 84,832

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 99,776 84,831
SHAREHOLDERS' FUNDS 99,777 84,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

UK POLYTHENE PACKAGING LTD (REGISTERED NUMBER: 08174859)

BALANCE SHEET - continued
31 August 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 27 March 2025 and were signed by:





W Leigh - Director


UK POLYTHENE PACKAGING LTD (REGISTERED NUMBER: 08174859)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024


1. STATUTORY INFORMATION

UK Polythene Packaging Ltd 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.

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.
Short leasehold - 33% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

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 - 4 ) .

UK POLYTHENE PACKAGING LTD (REGISTERED NUMBER: 08174859)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 September 2023 12,686 39,162 7,940
Additions - 2,508 -
At 31 August 2024 12,686 41,670 7,940
DEPRECIATION
At 1 September 2023 12,686 16,404 6,973
Charge for year - 6,317 242
At 31 August 2024 12,686 22,721 7,215
NET BOOK VALUE
At 31 August 2024 - 18,949 725
At 31 August 2023 - 22,758 967

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023 17,200 10,425 87,413
Additions - - 2,508
At 31 August 2024 17,200 10,425 89,921
DEPRECIATION
At 1 September 2023 15,479 10,425 61,967
Charge for year 430 - 6,989
At 31 August 2024 15,909 10,425 68,956
NET BOOK VALUE
At 31 August 2024 1,291 - 20,965
At 31 August 2023 1,721 - 25,446

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 80,584 141,338
Prepayments 2,149 1,922
82,733 143,260

UK POLYTHENE PACKAGING LTD (REGISTERED NUMBER: 08174859)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 76,746 98,987
Tax 16,728 11,640
Social security and other taxes 341 1,385
VAT 10,203 11,210
Directors' current accounts 955 27
Accrued expenses 2,913 1,100
107,886 124,349

7. RELATED PARTY DISCLOSURES

The company was controlled throughout the year by its director, Mr Walter Leigh by virtue of the fact that he owned all of the ordinary share capital of the company.