Longvalley Packaging Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 01401927

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		128,120		157,401

			128,120		157,401
CURRENT ASSETS
Stocks	5	99,075		81,232
Debtors	6	454,367		490,464
Cash at bank and in hand		317,465		178,138

		870,907		749,834
Creditors: Amounts Falling Due Within One Year	7	(290,191 )		(210,774 )

NET CURRENT ASSETS (LIABILITIES)			580,716		539,060

TOTAL ASSETS LESS CURRENT LIABILITIES			708,836		696,461

Creditors: Amounts Falling Due After More Than One Year	8		(119,006 )		(119,006 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(26,886 )		(32,279 )

NET ASSETS			562,944		545,176

CAPITAL AND RESERVES
Called up share capital	9		75,000		75,000
Profit and Loss Account			487,944		470,176

SHAREHOLDERS' FUNDS			562,944		545,176

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Longvalley Packaging Limited

Balance Sheet (continued)

As At 31 March 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Dhanji Bhudia Director	Mr Haris Bhudia Director	Mr Vijay Bhudia Director
Mrs Laliben Bhudia Director	Mrs Meenaxi Bhudia Director	Mrs Rina Bhudia Director
12/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Longvalley Packaging Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01401927 . The registered office is 6 Atcost Road, (Off River Road,), Barking, Essex, IG11 0EQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Over the period of the lease
Plant & Machinery	25% reducing balance

2.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Longvalley Packaging Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 22 (2024: 22)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 April 2024	18,341	1,065,862	1,084,203
Additions	-	11,227	11,227

As at 31 March 2025	18,341	1,077,089	1,095,430

Depreciation
As at 1 April 2024	8,806	917,996	926,802
Provided during the period	734	39,774	40,508

As at 31 March 2025	9,540	957,770	967,310

Net Book Value
As at 31 March 2025	8,801	119,319	128,120

As at 1 April 2024	9,535	147,866	157,401

5. Stocks

	2025	2024
	£	£
Stock	99,075	81,232

	2025	2024
	£	£
Raw materials and consumables	51814	55579
Work in progress	36890	15596
Finished goods and goods for resale	10371	10057
	99075	81232

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	431,552	467,756
Other debtors	22,815	22,708

	454,367	490,464

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Longvalley Packaging Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	135,659	128,227
Other creditors	68,681	5,932
Taxation and social security	85,851	76,615

	290,191	210,774

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	119,006	119,006

	2025	2024
	£	£
Directors loan Account	119006	119006


	119006	119006

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	75,000	75,000

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