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REGISTERED NUMBER: 06994223 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Assured Packaging Limited

Assured Packaging Limited (Registered number: 06994223)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Assured Packaging Limited

Company Information
for the year ended 31 August 2024







DIRECTORS: Mr A T Hughes
Mrs E Hughes





SECRETARY: Mrs E Hughes





REGISTERED OFFICE: Unit 13 Link House
Bute Street
Stoke-on-Trent
Staffordshire
ST4 3PR





REGISTERED NUMBER: 06994223 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
Cherry Tree Court
Cross Street
Leek
Staffordshire
ST13 6BL

Assured Packaging Limited (Registered number: 06994223)

Balance Sheet
31 August 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 38,874 63,209

CURRENT ASSETS
Stocks 39,334 46,782
Debtors 5 251,773 242,861
Cash at bank and in hand 1,379 1,646
292,486 291,289
CREDITORS
Amounts falling due within one year 6 (289,044 ) (295,154 )
NET CURRENT ASSETS/(LIABILITIES) 3,442 (3,865 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,316

59,344

CREDITORS
Amounts falling due after more than one year 7 (13,333 ) (23,333 )

PROVISIONS FOR LIABILITIES (7,034 ) (11,635 )
NET ASSETS 21,949 24,376

CAPITAL AND RESERVES
Called up share capital 99 99
Retained earnings 21,850 24,277
21,949 24,376

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 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.

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 14 April 2025 and were signed on its behalf by:





Mr A T Hughes - Director


Assured Packaging Limited (Registered number: 06994223)

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Assured Packaging 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.

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.
Plant and machinery etc - 15% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 11 ) .

Assured Packaging Limited (Registered number: 06994223)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 September 2023 179,224
Additions 978
At 31 August 2024 180,202
DEPRECIATION
At 1 September 2023 116,015
Charge for year 25,313
At 31 August 2024 141,328
NET BOOK VALUE
At 31 August 2024 38,874
At 31 August 2023 63,209

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 243,951 242,423
Other debtors 7,822 438
251,773 242,861

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 44,916 40,527
Trade creditors 201,341 210,263
Taxation and social security 31,787 32,839
Other creditors 11,000 11,525
289,044 295,154

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Other creditors 13,333 23,333