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Company Registration No. 09471486 (England and Wales)
Element Packaging Ltd Unaudited accounts for the year ended 31 December 2024
Element Packaging Ltd Unaudited accounts Contents
Page
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Element Packaging Ltd Company Information for the year ended 31 December 2024
Directors
Petyt, Adam Belani, Rohit Lees, John
Company Number
09471486 (England and Wales)
Registered Office
Tallis House 2 Tallis Street London EC4Y 0AB GB
Accountants
Symbiotic Partners Nandalay 68 Moor Lane Rickmansworth Hertfordshire WD3 1LQ
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Element Packaging Ltd for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Element Packaging Ltd for the year ended 31 December 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Symbiotic Partners Chartered Certified Accountants Nandalay 68 Moor Lane Rickmansworth Hertfordshire WD3 1LQ 7 April 2025
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Element Packaging Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
30,180 
30,180 
Tangible assets
1,882 
666 
32,062 
30,846 
Current assets
Inventories
1,009,121 
488,184 
Debtors
1,388,443 
788,925 
Cash at bank and in hand
178,832 
306,506 
2,576,396 
1,583,615 
Creditors: amounts falling due within one year
(1,095,419)
(517,387)
Net current assets
1,480,977 
1,066,228 
Total assets less current liabilities
1,513,039 
1,097,074 
Creditors: amounts falling due after more than one year
(1,290,190)
(961,645)
Net assets
222,849 
135,429 
Capital and reserves
Called up share capital
11 
11 
Share premium
286,405 
286,406 
Profit and loss account
(63,567)
(150,988)
Shareholders' funds
222,849 
135,429 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 8 April 2025 and were signed on its behalf by
Petyt, Adam Director Company Registration No. 09471486
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Element Packaging Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Element Packaging Ltd is a private company, limited by shares, registered in England and Wales, registration number 09471486. The registered office is Tallis House, 2 Tallis Street, London, EC4Y 0AB, GB.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 years
Fixtures & fittings
3 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less any accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
30,180 
At 31 December 2024
30,180 
Amortisation
At 1 January 2024
- 
At 31 December 2024
- 
Net book value
At 31 December 2024
30,180 
At 31 December 2023
30,180 
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Element Packaging Ltd Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
5,351 
999 
6,350 
Additions
- 
2,267 
2,267 
At 31 December 2024
5,351 
3,266 
8,617 
Depreciation
At 1 January 2024
5,351 
333 
5,684 
Charge for the year
- 
1,051 
1,051 
At 31 December 2024
5,351 
1,384 
6,735 
Net book value
At 31 December 2024
- 
1,882 
1,882 
At 31 December 2023
- 
666 
666 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
645,780 
190,149 
Amounts due from group undertakings etc.
- 
284,234 
Accrued income and prepayments
13,973 
14,238 
Other debtors
40,349 
20,665 
700,102 
509,286 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
688,341 
279,639 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
260,939 
208,631 
VAT
195,345 
90,818 
Trade creditors
642,306 
217,896 
Other creditors
(3,171)
42 
1,095,419 
517,387 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,048,051 
628,114 
Other creditors
74,339 
165,731 
Loans from directors
167,800 
167,800 
1,290,190 
961,645 
9
Average number of employees
During the year the average number of employees was 5 (2023: 4).
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