1 April 2024 false No description of principal activity Taxfiler 2024.6 5696101business:PrivateLimitedCompanyLtd2024-04-012025-03-31 56961012024-03-31 56961012024-04-012025-03-31 5696101business:AuditExemptWithAccountantsReport2024-04-012025-03-31 5696101business:FilletedAccounts2024-04-012025-03-31 56961012025-03-31 5696101business:Director12024-04-012025-03-31 5696101business:Director22024-04-012025-03-31 5696101business:Director32024-04-012025-03-31 5696101business:Director42024-04-012025-03-31 5696101business:CompanySecretary12024-04-012025-03-31 5696101business:RegisteredOffice2024-04-012025-03-31 56961012024-03-31 5696101core:WithinOneYear2025-03-31 5696101core:WithinOneYear2024-03-31 5696101core:AfterOneYear2025-03-31 5696101core:AfterOneYear2024-03-31 5696101core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 5696101core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 5696101core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 5696101core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 5696101core:PreviouslyStatedAmount2025-03-31 5696101core:PreviouslyStatedAmount2024-03-31 5696101business:SmallEntities2024-04-012025-03-31 5696101countries:EnglandWales2024-04-012025-03-31 5696101core:Goodwill2024-03-31 5696101core:Goodwill2025-03-31 5696101core:Goodwill2024-04-012025-03-31 5696101core:LandBuildings2024-03-31 5696101core:PlantMachinery2024-03-31 5696101core:MotorVehicles2024-03-31 5696101core:ComputerEquipment2024-03-31 5696101core:LandBuildings2024-04-012025-03-31 5696101core:PlantMachinery2024-04-012025-03-31 5696101core:MotorVehicles2024-04-012025-03-31 5696101core:ComputerEquipment2024-04-012025-03-31 5696101core:LandBuildings2025-03-31 5696101core:PlantMachinery2025-03-31 5696101core:MotorVehicles2025-03-31 5696101core:ComputerEquipment2025-03-31 5696101core:AfterOneYear2024-04-012025-03-31 5696101business:OrdinaryShareClass12024-04-012025-03-31 5696101business:OrdinaryShareClass12023-04-012024-03-31 56961012023-04-012024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 5696101 (England and Wales)
Thompsons Packaging Limited Unaudited accounts for the year ended 31 March 2025
Thompsons Packaging Limited Unaudited accounts Contents
Page
- 2 -
Thompsons Packaging Limited Company Information for the year ended 31 March 2025
Directors
Francis Thompson Patricia Thompson Richard Thompson Robert Thompson
Secretary
Patricia Thompson
Company Number
5696101 (England and Wales)
Registered Office
Unit 9, Drumhead Road Chorley North Industrial Park Chorley Lancashire PR6 7BX
Accountants
Clare & Co 83 Green Lane Harrogate Yorkshire HG2 9LN
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Thompsons Packaging Limited for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Thompsons Packaging Limited for the year ended 31 March 2025 as set out on pages 5 - 9 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 at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Clare & Co Chartered Accountants 83 Green Lane Harrogate Yorkshire HG2 9LN 22 August 2025
- 4 -
Thompsons Packaging Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,000 
6,000 
Tangible assets
291,598 
193,859 
294,598 
199,859 
Current assets
Inventories
251,099 
199,089 
Debtors
319,854 
343,217 
Cash at bank and in hand
76,431 
280,428 
647,384 
822,734 
Creditors: amounts falling due within one year
(359,017)
(262,220)
Net current assets
288,367 
560,514 
Total assets less current liabilities
582,965 
760,373 
Creditors: amounts falling due after more than one year
(20,201)
(49,442)
Net assets
562,764 
710,931 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
562,664 
710,831 
Shareholders' funds
562,764 
710,931 
For the year ending 31 March 2025 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 22 August 2025 and were signed on its behalf by
Francis Thompson Director Company Registration No. 5696101
- 5 -
Thompsons Packaging Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Thompsons Packaging Limited is a private company, limited by shares, registered in England and Wales, registration number 5696101. The registered office is Unit 9, Drumhead Road, Chorley North Industrial Park, Chorley, Lancashire, PR6 7BX.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the invoiced value of goods, excluding value added tax.
Intangible fixed assets
Goodwill being the amount paid in connection with the acquisition of a business in 2006 is being written off evenly over its estimated useful life of twenty years, with 1 year remaining.
Tangible fixed assets policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Office equipment 25% reducing balance basis Motor vehicles 15% reducing balance basis Plant and machinery 25% reducing balance basis Leasehold improvements over 10 years
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
- 6 -
Thompsons Packaging Limited Notes to the Accounts for the year ended 31 March 2025
Leasing and hire purchase contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
60,000 
At 31 March 2025
60,000 
Amortisation
At 1 April 2024
54,000 
Charge for the year
3,000 
At 31 March 2025
57,000 
Net book value
At 31 March 2025
3,000 
At 31 March 2024
6,000 
- 7 -
Thompsons Packaging Limited Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2024
19,886 
19,506 
162,878 
56,785 
259,055 
Additions
100,748 
- 
- 
33,000 
133,748 
Disposals
- 
- 
- 
(6,408)
(6,408)
At 31 March 2025
120,634 
19,506 
162,878 
83,377 
386,395 
Depreciation
At 1 April 2024
11,537 
16,078 
11,136 
26,445 
65,196 
Charge for the year
- 
857 
22,761 
5,983 
29,601 
At 31 March 2025
11,537 
16,935 
33,897 
32,428 
94,797 
Net book value
At 31 March 2025
109,097 
2,571 
128,981 
50,949 
291,598 
At 31 March 2024
8,349 
3,428 
151,742 
30,340 
193,859 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
305,838 
331,904 
Amounts due from group undertakings etc.
4,031 
3,931 
Accrued income and prepayments
9,985 
7,382 
319,854 
343,217 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
10,649 
10,649 
VAT
(3,480)
29,722 
Obligations under finance leases and hire purchase contracts
21,223 
21,223 
Trade creditors
251,012 
135,377 
Taxes and social security
21,575 
13,737 
Loans from directors
48,633 
44,134 
Accruals
9,405 
7,378 
359,017 
262,220 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
3,517 
13,517 
Obligations under finance leases and hire purchase contracts
16,684 
35,925 
20,201 
49,442 
The company has a Bounce Back Loan which is unsecured.
- 8 -
Thompsons Packaging Limited Notes to the Accounts for the year ended 31 March 2025
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Transactions with related parties
At the year end the directors had a credit loan balance with the company of £48,633 (2024: £44,134). The company operates from a property owned by the directors, Francis and Patricia Thompson. During the year the company was charged rent of £36,600 on normal commercial terms.
11
Controlling party
The company is a subsidiary of Bob & Dick Holdings Limited, a company under the control of the directors who own 100% of the share capital.
12
Average number of employees
During the year the average number of employees was 7 (2024: 7).
- 9 -