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REGISTERED NUMBER: 01559652 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

MOORE & BUCKLE (FLEXIBLE PACKAGING)
LIMITED

MOORE & BUCKLE (FLEXIBLE PACKAGING)
LIMITED (REGISTERED NUMBER: 01559652)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MOORE & BUCKLE (FLEXIBLE PACKAGING)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: J. A. Warwick
D. P. White
Mrs A. M. Mervis
J. B. Mervis
Miss J. M. Warwick





SECRETARY: Mr. J. A. Warwick





REGISTERED OFFICE: 9 Sutton Fold
Sutton Fold Industrial Park
St. Helens
Merseyside
WA9 3GL





REGISTERED NUMBER: 01559652 (England and Wales)





ACCOUNTANTS: Wyatt Morris Golland Ltd
Park House
200 Drake Street
Rochdale
Lancashire
OL16 1PJ

MOORE & BUCKLE (FLEXIBLE PACKAGING)
LIMITED (REGISTERED NUMBER: 01559652)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 221,054 232,950
221,055 232,951

CURRENT ASSETS
Stocks 674,124 800,189
Debtors 6 468,013 405,494
Cash at bank and in hand 535,785 306,224
1,677,922 1,511,907
CREDITORS
Amounts falling due within one year 7 404,144 283,803
NET CURRENT ASSETS 1,273,778 1,228,104
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,494,833

1,461,055

PROVISIONS FOR LIABILITIES 53,561 56,161
NET ASSETS 1,441,272 1,404,894

CAPITAL AND RESERVES
Called up share capital 50 50
Retained earnings 1,441,222 1,404,844
SHAREHOLDERS' FUNDS 1,441,272 1,404,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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

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 12 May 2025 and were signed on its behalf by:





D. P. White - Director


MOORE & BUCKLE (FLEXIBLE PACKAGING)
LIMITED (REGISTERED NUMBER: 01559652)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Moore & Buckle (Flexible 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.

Functional and presentation currency
The individual financial statements are presented in the currency of the primary economic environment in which the entity operates that being the United Kingdom. For the purpose of the financial statements, the results and financial position are presented in Sterling (£).

Significant judgements and estimates
In the process of applying the entity's accounting policies management have not made any judgements that would have a significant effect on the amounts recognised in the financial statements. No estimations have been made that would have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from the sale of reels and pouches is recognised when all of the following conditions are satisfied:

- the company has transferred to the buyer the significant risks and rewards of ownership of the goods;
- the company retains neither continuing managerial involvement to the degree usually associated with
ownership nor effective control over the goods sold;
- the amount of revenue can be measured reliably;
- it is probable that the economic benefits associated with the transaction can be measured reliably;
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, has now been fully amortised over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 15% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% 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.

MOORE & BUCKLE (FLEXIBLE PACKAGING)
LIMITED (REGISTERED NUMBER: 01559652)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

Financial instruments
Basic financial assets including trade debtors and other debtors, and cash and bank balances are initially recognised at the transaction price and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the debtors are stated at cost less impairment losses for bad and doubtful debts.

Financial assets, are assessed for indicators of impairment at the end of each accounting period. Financial assets are considered to be impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been affected.

Trade creditors and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

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.

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 20 (2024 - 24 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 121,442
AMORTISATION
At 1 April 2024
and 31 March 2025 121,441
NET BOOK VALUE
At 31 March 2025 1
At 31 March 2024 1

MOORE & BUCKLE (FLEXIBLE PACKAGING)
LIMITED (REGISTERED NUMBER: 01559652)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 11,000 619,437 54,401 21,167 706,005
Additions - 41,969 - 1,250 43,219
Disposals - - - (3,733 ) (3,733 )
At 31 March 2025 11,000 661,406 54,401 18,684 745,491
DEPRECIATION
At 1 April 2024 10,999 386,490 54,400 21,166 473,055
Charge for year - 55,011 - 104 55,115
Eliminated on disposal - - - (3,733 ) (3,733 )
At 31 March 2025 10,999 441,501 54,400 17,537 524,437
NET BOOK VALUE
At 31 March 2025 1 219,905 1 1,147 221,054
At 31 March 2024 1 232,947 1 1 232,950

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 398,251 356,513
Prepayments 69,762 48,981
468,013 405,494

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 224,271 171,860
Tax 64,726 6,993
Social security and other taxes 12,700 12,108
VAT 36,478 31,463
Credit card account 732 765
Accrued expenses 65,237 60,614
404,144 283,803

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 135,731 133,070
Between one and five years 34,100 169,831
169,831 302,901