COLNESIDE PACKAGING LTD

Company Registration Number:
15259314 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 03 November 2023

End date: 30 November 2024

COLNESIDE PACKAGING LTD

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Notes

COLNESIDE PACKAGING LTD

Balance sheet

As at 30 November 2024


Notes

13 months to 30 November 2024


£
Fixed assets
Intangible assets: 3 321
Tangible assets: 4 116,204
Total fixed assets: 116,525
Current assets
Stocks: 21,042
Debtors:   284,425
Cash at bank and in hand: 181,564
Total current assets: 487,031
Creditors: amounts falling due within one year:   (304,616)
Net current assets (liabilities): 182,415
Total assets less current liabilities: 298,940
Creditors: amounts falling due after more than one year:   (101,000)
Total net assets (liabilities): 197,940
Capital and reserves
Called up share capital: 100
Profit and loss account: 197,840
Shareholders funds: 197,940

The notes form part of these financial statements

COLNESIDE PACKAGING LTD

Balance sheet statements

For the year ending 30 November 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 May 2025
and signed on behalf of the board by:

Name: Alan Wood
Status: Director

The notes form part of these financial statements

COLNESIDE PACKAGING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Plant & Machinery: over 5 years Fixtures, Fittings, Tools and Equipment: over 5 years

Other accounting policies

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

COLNESIDE PACKAGING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

2. Employees

13 months to 30 November 2024
Average number of employees during the period 14

COLNESIDE PACKAGING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Intangible Assets

Total
Cost £
Additions 321
At 30 November 2024 321
Net book value
At 30 November 2024 321

COLNESIDE PACKAGING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Tangible Assets

Total
Cost £
Additions 140,998
Disposals (12,250)
At 30 November 2024 128,748
Depreciation
Charge for year 14,994
On disposals (2,450)
At 30 November 2024 12,544
Net book value
At 30 November 2024 116,204