Cardway Cartons Limited

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

Registered number: 03103257

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,357,904		1,955,875

			3,357,904		1,955,875
CURRENT ASSETS
Stocks		75,500		119,079
Debtors		1,683,291		1,464,046
Cash at bank and in hand		1,430		411,142

		1,760,221		1,994,267
Creditors: Amounts Falling Due Within One Year		(1,554,148 )		(1,409,400 )

NET CURRENT ASSETS (LIABILITIES)			206,073		584,867

TOTAL ASSETS LESS CURRENT LIABILITIES			3,563,977		2,540,742

Creditors: Amounts Falling Due After More Than One Year			(1,201,417 )		(397,335 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(727,892 )		(324,557 )

NET ASSETS			1,634,668		1,818,850

CAPITAL AND RESERVES
Called up share capital	6		85		85
Revaluation reserve	7		65,910		151,291
Capital redemption reserve			15		15
Profit and Loss Account			1,568,658		1,667,459

SHAREHOLDERS' FUNDS			1,634,668		1,818,850

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Cardway Cartons Limited

Abridged Balance Sheet (continued)

As At 31 March 2025

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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Gerald Keeler

Director

22/09/2025

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

1. General Information

Cardway Cartons Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03103257 . The registered office is Linley Lane, Alsager, Stoke on Trent, ST7 2UX.

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:

Plant & Machinery	Straight line over 5 years
Motor Vehicles	Straight line over 5 years
Fixtures & Fittings	Straight line over 5 years
Computer Equipment	Straight line over 5 years

2.4. Leasing and Hire Purchase Contracts

Assets obtained under 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 the 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.

2.5. 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.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Cardway Cartons Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. 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.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 47 (2024: 43)

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	4,716,554
Additions	1,827,285
Disposals	(837,600 )

As at 31 March 2025	5,706,239

Depreciation
As at 1 April 2024	2,760,679
Provided during the period	258,947
Disposals	(671,291 )

As at 31 March 2025	2,348,335

Net Book Value
As at 31 March 2025	3,357,904

As at 1 April 2024	1,955,875

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Cardway Cartons Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

5. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	379,250	209,249
Later than one year and not later than five years	1,201,417	397,335

	1,580,667	606,584

	1,580,667	606,584

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	85	85

7. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	151,291
Transfer to profit and loss	(85,381 )

As at 31 March 2025	65,910

8. Audit Information

The auditor's report on the accounts of Cardway Cartons Limited for the year ended 31 March 2025 was unqualified.

The auditor's report was signed by Emma Marshall-Birks (Senior Statutory Auditor) for and on behalf of Marshall & Co Chartered Accountants and Registered Auditors , Statutory Auditor.

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