REGISTERED NUMBER: 07604121

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024

FOR

PETER GRICE PACKAGING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P R Grice

REGISTERED OFFICE:

c/o Kingsland Farm

229 March Road

Coates

Whittlesey

Peterborough

PE7 2DE

REGISTERED NUMBER:

07604121

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Tangible assets

5

-

1,071

CURRENT ASSETS

Stocks

500

30,417

Debtors

6

3,682

41,198

Cash and cash equivalents

-

152

4,182

71,767

CREDITORS

Amounts falling due within one year

7

(44,659

)

(65,312

)

NET CURRENT (LIABILITIES)/ASSETS

(40,477

)

6,455

TOTAL ASSETS LESS CURRENT LIABILITIES

(40,477

)

7,526

CREDITORS

Amounts falling due after more than one year

8

(13,551

)

(15,335

)

NET LIABILITIES

(54,028

)

(7,809

)

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

(54,029

)

(7,810

)

SHAREHOLDERS' FUNDS

(54,028

)

(7,809

)

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 director acknowledges his 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 September 2025 and were signed by:

P R Grice - Director

1.	STATUTORY INFORMATION

Peter Grice Packaging Ltd is a private company, limited by shares , registered in Not specified/Other. 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

At the balance sheet date liabilities exceeded assets by £54,028 (2023: £7,809). The financial statements have been prepared on a going concern basis as the company continues to receive the support of the director where required to ensure it meets all liabilities as they fall due.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

2% 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.

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2023

15,000

13,068

28,068

Disposals

(15,000

)

(13,068

)

(28,068

)

At 30 September 2024

-

-

-

DEPRECIATION

At 1 October 2023

15,000

11,997

26,997

Charge for year

-

250

250

Eliminated on disposal

(15,000

)

(12,247

)

(27,247

)

At 30 September 2024

-

-

-

NET BOOK VALUE

At 30 September 2024

-

-

-

At 30 September 2023

-

1,071

1,071

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

3,682

25,102

Other debtors

-

16,096

3,682

41,198

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

37,461

35,402

Trade creditors

4,091

27,426

Taxation and social security

1,907

1,384

Other creditors

1,200

1,100

44,659

65,312

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

13,551

15,335

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

ordinary

£1

1

1

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024

2023

£

£

P R Grice

Balance outstanding at start of year

-

-

Amounts advanced

6,295

-

Amounts repaid

(6,295

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

11.	UNSECURED DEBTS

Unsecured bank loans refer to borrowing under the bounce back loan scheme and is unsecured.