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REGISTERED NUMBER: 02750830 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Bedford Packaging Limited

Bedford Packaging Limited (Registered number: 02750830)






Contents of the Financial Statements
for the year ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 7

Bedford Packaging Limited

Company Information
for the year ended 30 September 2024







DIRECTORS: J M Dick
S J Dick





SECRETARY: R Dick





REGISTERED OFFICE: Unit 41 Burtonwood Industrial Centre
Phipps Lane
Burtonwood
Warrington
Cheshire
WA5 4HX





REGISTERED NUMBER: 02750830 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co. Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

Bedford Packaging Limited (Registered number: 02750830)

Balance Sheet
30 September 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 76,590 55,159

CURRENT ASSETS
Stocks 5 82,522 94,819
Debtors 6 280,073 342,909
Cash at bank 206,864 164,233
569,459 601,961
CREDITORS
Amounts falling due within one year 7 (221,648 ) (319,133 )
NET CURRENT ASSETS 347,811 282,828
TOTAL ASSETS LESS CURRENT
LIABILITIES

424,401

337,987

CREDITORS
Amounts falling due after more than one year 8 (24,773 ) (26,621 )

PROVISIONS FOR LIABILITIES (13,341 ) (7,661 )
NET ASSETS 386,287 303,705

CAPITAL AND RESERVES
Called up share capital 10 200 200
Retained earnings 386,087 303,505
SHAREHOLDERS' FUNDS 386,287 303,705

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by:



J M Dick - Director


Bedford Packaging Limited (Registered number: 02750830)

Notes to the Financial Statements
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Bedford 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The policies adopted for the recognition of turnover are as follows:

Sale of goods
Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Improvements to property - 5% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on cost
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.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


Bedford Packaging Limited (Registered number: 02750830)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the Income Statement over the relevant period. The capital element of the future payments is treated as a liability.

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 the Income Statement in the period to which they relate.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement.

Share capital
Ordinary, B Ordinary and C Ordinary shares are classed as equity.

Distributions to equity holders
Dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the Statement of Changes in Equity.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

Bedford Packaging Limited (Registered number: 02750830)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 October 2023 166,658
Additions 52,110
Disposals (34,245 )
At 30 September 2024 184,523
DEPRECIATION
At 1 October 2023 111,499
Charge for year 30,679
Eliminated on disposal (34,245 )
At 30 September 2024 107,933
NET BOOK VALUE
At 30 September 2024 76,590
At 30 September 2023 55,159

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£
COST
At 1 October 2023 96,909
Additions 52,110
Disposals (19,000 )
Transfer to ownership (36,919 )
At 30 September 2024 93,100
DEPRECIATION
At 1 October 2023 66,868
Charge for year 19,652
Eliminated on disposal (19,000 )
Transfer to ownership (20,541 )
At 30 September 2024 46,979
NET BOOK VALUE
At 30 September 2024 46,121
At 30 September 2023 30,041

5. STOCKS
2024 2023
£ £
Stocks 82,522 94,819

Bedford Packaging Limited (Registered number: 02750830)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 268,131 342,209
Other debtors 11,942 700
280,073 342,909

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Hire purchase contracts 15,339 12,860
Trade creditors 91,707 167,013
Taxation and social security 70,694 69,290
Other creditors 43,908 69,970
221,648 319,133

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Hire purchase contracts 24,773 26,621

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Hire purchase contracts 40,112 39,481

Hire purchase contracts are secured against the assets to which they relate.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
990 Ordinary £0.10 99 99
990 B Ordinary £0.10 99 99
20 C Ordinary £0.10 2 2
200 200

11. OTHER FINANCIAL COMMITMENTS

At the end of the reporting period the company had operating lease commitments outstanding totalling £33,227 (2023: £4,922).

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Bedford Packaging Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bedford Packaging Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Bedford Packaging Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bedford Packaging Limited and state those matters that we have agreed to state to the Board of Directors of Bedford Packaging Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bedford Packaging Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bedford Packaging Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bedford Packaging Limited. You consider that Bedford Packaging Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bedford Packaging Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co. Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


2 June 2025