Company No: 04263297 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	M. C. Young
	R. J. Q. Young

SECRETARY

M. C. Young

REGISTERED OFFICE	Brockbourne House
	77 Mount Ephraim
	Tunbridge Wells
	TN4 8BS
	United Kingdom

COMPANY NUMBER

04263297 (England and Wales)

ACCOUNTANT	S&W Partners (South East) Limited
	Brockbourne House
	77 Mount Ephraim
	Royal Tunbridge Wells
	TN4 8BS

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	755		1,056
		755		1,056
Current assets
Debtors	5	10,282		0
Cash at bank and in hand		411		4,686
		10,693		4,686
Creditors: amounts falling due within one year	6	( 11,348)		( 9,103)
Net current liabilities		(655)		(4,417)
Total assets less current liabilities		100		(3,361)
Net assets/(liabilities)		100		( 3,361)
Capital and reserves
Called-up share capital		100		100
Profit and loss account		0		( 3,461 )
Total shareholders' funds/(deficit)		100		( 3,361)

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of R.J.Q. Packaging Limited (registered number: 04263297) were approved and authorised for issue by the Board of Directors on 18 October 2025. They were signed on its behalf by:

R. J. Q. Young Director

1. Accounting policies

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

Monetary amounts in these financial statements are stated in Pounds sterling and rounded to the nearest whole £1.

General information and basis of accounting

RJQ Packaging Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Brockbourne House, 77 Mount Ephraim, Tunbridge Wells, TN4 8BS, United Kingdom. The address of its principal place of business is 5 Speldhurst Road, Southborough, Tunbridge Wells, Kent, TN4 0HY.

The following principal accounting policies have been applied:

Going concern

The financial statements have been prepared on a going concern basis on the assessment of the directors. The directors have indicated their intention to continue to support the trading activities of the company for the foreseeable future.

Foreign currency

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical costs are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of income and retained earnings except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in the Statement of income and retained earnings within 'other operating income'.

Turnover

Revenue comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of trade discounts. Revenue is recorded net of VAT.

Revenue is recognised when the principal for whom RJQ Packaging Limited acts as agent has received payment for goods supplied to his customer.

Interest income

Interest income is recognised in the Statement of Income and retained earnings using the effective interest method.

Taxation

Current tax
Tax is recognised in the Statement of income and retained earnings except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery

25 % reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Trade and other debtors

Short-term debtors are measured at transaction price, less any impairments.

Trade and other creditors

Short-term creditors are measured at the transaction price.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 April 2024	100,000		100,000
At 31 March 2025	100,000		100,000
Accumulated amortisation
At 01 April 2024	100,000		100,000
At 31 March 2025	100,000		100,000
Net book value
At 31 March 2025	0		0
At 31 March 2024	0		0

4. Tangible assets

	Plant and machinery		Total
	£		£
Cost
At 01 April 2024	16,550		16,550
At 31 March 2025	16,550		16,550
Accumulated depreciation
At 01 April 2024	15,494		15,494
Charge for the financial year	301		301
At 31 March 2025	15,795		15,795
Net book value
At 31 March 2025	755		755
At 31 March 2024	1,056		1,056

5. Debtors

	2025		2024
	£		£
Trade debtors	5,095		0
Other debtors	5,187		0
	10,282		0

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Accruals	6,000		5,578
Taxation and social security	5,348		3,525
	11,348		9,103

7. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
Over drawn DLA balance	5,187		0

8. Illegal dividends

During the prior year, dividends of £17,909 were declared, which resulted in negative reserves in the Company due to the tax incurred on the profit during the year not being considered when the dividend was paid.

During the current year, dividends were reduced to £11,382 to accommodate the corporation tax, which resulted in an overdrawn directors’ loan account of £5,187. To avoid the additional tax payable on this amount, the dividend in next year will again be reduced by approximately 20% of profit, as well as by the £5,187, to account for the shortfall in reserves.