Brian Pike Packaging Limited - Filleted accounts

Registered number

05119664

Brian Pike Packaging Limited

Filleted Accounts

for the year ended

31 May 2025

Brian Pike Packaging Limited
Registered number:		05119664
Balance Sheet
as at 31 May 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		750			1,000
Tangible assets	4		52,109			62,080
			52,859			63,080

Current assets
Stocks		90,060			106,873
Debtors	5	57,019			40,515
Cash at bank and in hand		206,091			187,105
		353,170			334,493

Creditors: amounts falling due within one year	6	(105,476)			(77,454)

Net current assets			247,694			257,039

Total assets less current liabilities			300,553			320,119


Provisions for liabilities			(5,313)			(6,736)


Net assets			295,240			313,383

Capital and reserves
Called up share capital			100			100
Profit and loss account			295,140			313,283

Shareholders' funds			295,240			313,383

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Brian Pike
Director
Approved by the board on 20 October 2025

Brian Pike Packaging Limited
Notes to the Accounts
for the year ended 31 May 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 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.

	Intangible fixed assets
	Goodwill arises on business acquisitions and is measured at cost less accumulative amortisation and any accumulative impairment losses. Goodwill is amortised on a straight line basis over its useful life which is estimated to be 10 years.

	Tangible fixed assets
	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:

	Improvements to leasehold property	straight line basis over 15 years
	Plant and machinery	20% reducing balance basis
	Motor vehicles	25% reducing balance basis

	Stocks
	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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			5		5


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 June 2024					2,500
	At 31 May 2025					2,500

	Amortisation
	At 1 June 2024					1,500
	Provided during the year					250
	At 31 May 2025					1,750

	Net book value
	At 31 May 2025					750
	At 31 May 2024					1,000

	Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.



4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 June 2024	147,124		49,017		196,141
	Additions	272		-		272
	Disposals	-		(19,722)		(19,722)
	At 31 May 2025	147,396		29,295		176,691

	Depreciation
	At 1 June 2024	88,445		45,616		134,061
	Charge for the year	9,041		733		9,774
	On disposals	-		(19,253)		(19,253)
	At 31 May 2025	97,486		27,096		124,582

	Net book value
	At 31 May 2025	49,910		2,199		52,109
	At 31 May 2024	58,679		3,401		62,080


5	Debtors			2025		2024
£					£

	Trade debtors			50,882		34,387
	Other debtors			6,137		6,128
				57,019		40,515


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			36,784		17,824
	Taxation and social security costs			24,548		18,341
	Other creditors			44,144		41,289
				105,476		77,454


7	Other information

	Brian Pike Packaging Limited is a private company limited by shares and incorporated in England. Its registered office is:
	100 Queen Alexandra Road
	Salisbury
	Wilts
	SP2 9LB