Registered number
04394988
B G Packaging Limited
Report and Accounts
31 July 2025

B G Packaging Limited
Company Information
Directors
Y Jones
A Thurlbourn
Auditors
Begbies
9 Bonhill Street
LONDON
EC2A 4DJ
Registered office
BG Office
7 Brundon Lane
Sudbury
Suffolk
CO10 1XR
Registered number
04394988

B G Packaging Limited
Registered number: | 04394988
Directors' Report
The directors present their report and accounts for the year ended 31 July 2025.
Principal activity
The principal activity of the company is that of property investment.
Directors
The following persons served as directors during the year:
| R D Jones (Died 17 August 2024)
| Y Jones
| A Thurlbourn
Directors' responsibilities

The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
● | select suitable accounting policies and then apply them consistently;
● | make judgements and estimates that are reasonable and prudent;
● | prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to auditors

Each person who was a director at the time this report was approved confirms that:
● | so far as he is aware, there is no relevant audit information of which the company's auditor is unaware; and
● | he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information.

Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 31 March 2026 and signed on its behalf.
A Thurlbourn
Director

B G Packaging Limited
Independent auditor's report
to the members of B G Packaging Limited
Opinion

We have audited the accounts of B G Packaging Limited for the year ended 31 July 2025 which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and notes to the accounts, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

● | give a true and fair view of the state of the company's affairs as at 31 July 2025 and of its loss for the year then ended;

● | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;

● | have been prepared in accordance with the requirements of the Companies Act 2006.
Basis of opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
● | the information given in the directors’ report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
● | the directors’ report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
● | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
● | the financial statements are not in agreement with the accounting records and returns; or
● | certain disclosures of directors’ remuneration specified by law are not made; or
● | we have not received all the information and explanations we require for our audit; or
● | the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the directors’ report and from the requirement to prepare a strategic report.

Responsibilities of directors

As explained more fully in the directors’ responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is dependant upon the effectiveness of management controls and the nature, timing and extent of the audit procedures carried out, which included:
Assessing the susceptibility of the company to material misstatement, including how fraud might occur, by considering the key risks impacting the accounts; Undertaking procedures to evaluate and review the risk of management override of controls ; Enquiries of those charged with governance; Reviewing disclosures in the accounts; Validating inter group balances.

A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Christopher Pexton FCA
(Senior Statutory Auditor)
for and on behalf of | 9 Bonhill Street
Begbies | LONDON
Accountants and Statutory Auditors | EC2A 4DJ
31 March 2026

B G Packaging Limited
Profit and Loss Account
for the year ended 31 July 2025
|  |  |  |  |  | 2025 |  | 2024
£ | £
Turnover | - |  | 514
Administrative expenses and property costs | (5,345) |  | (6,773)
Operating loss | (5,345) |  | (6,259)
Interest payable | - |  | (7,108)
Loss on ordinary activities before taxation | (5,345) |  | (13,367)
Tax on loss on ordinary activities | - |  | -
Loss for the financial year | (5,345) |  | (13,367)

B G Packaging Limited
Registered number: | 04394988
Balance Sheet
as at 31 July 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Investment property | 4 |  |  | 130,000 |  |  | 130,000
Current assets
Debtors | 5 |  | 1,277,179 |  |  | 1,280,186
Cash at bank and in hand |  |  | 61 |  |  | 39,347
|  |  | 1,277,240 |  |  | 1,319,533
Creditors: amounts falling due within one year | 6 |  | (91,300) |  |  | (128,248)
Net current assets |  |  |  | 1,185,940 |  |  | 1,191,285
Net assets |  |  |  | 1,315,940 |  |  | 1,321,285
Capital and reserves
Called up share capital |  |  |  | 100 |  |  | 100
Profit and loss account |  |  |  | 1,315,840 |  |  | 1,321,185
Shareholders' funds |  |  |  | 1,315,940 |  |  | 1,321,285
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime.
A Thurlbourn
Director
Approved by the board on 31 March 2026

B G Packaging Limited
Statement of Changes in Equity
for the year ended 31 July 2025
Share | Profit | Total
capital | and loss
account
£ | £ | £
At 1 August 2023 | 100 |  | 3,334,552 |  | 3,334,652
Loss for the financial year | (13,367) |  | (13,367)
Dividends | (2,000,000) |  | (2,000,000)
At 31 July 2024 | 100 |  | 1,321,185 |  | 1,321,285
At 1 August 2024 | 100 |  | 1,321,185 |  | 1,321,285
Loss for the financial year | (5,345) |  | (5,345)
At 31 July 2025 | 100 |  | 1,315,840 |  | 1,315,940
Included in Profit & Loss Account is an amount of £10,000 which is an unrealised reserve and not available for distribution.

B G Packaging Limited
Notes to the Accounts
for the year ended 31 July 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).
| Tangible fixed assets
| Investment property
| Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
| 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.
2 | Income recognition
| Income is recognised when rental from investment property is receivable.
3 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 2 |  | 3
4 | Tangible fixed assets
|  |  |  |  |  |  |  | Investment Property
£
| Fair Value
| At 1 August 2024 | 130,000
| At 31 July 2025 | 130,000
| Depreciation
| At 31 July 2025 | -
| Net book value
| At 31 July 2025 | 130,000
| At 31 July 2024 | 130,000
| Freehold land and buildings: | 2025 |  | 2024
£ | £
| Historical cost | 120,000 |  | 120,000
| Cumulative depreciation based on historical cost | - |  | -
|  |  |  |  |  | 120,000 |  | 120,000
| The investment property was valued by the directors.
5 | Debtors | 2025 |  | 2024
£ | £
| Amounts owed by related parties (Note 8) |  | 1,276,144 |  | 1,280,186
| Corporation tax | 1,035 |  | -
|  |  |  |  |  | 1,277,179 |  | 1,280,186
6 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Accruals | - |  | 7,108
| Amounts owed to related parties (Note 8) |  | 91,300 |  | 91,300
| Corporation tax | - |  | 29,840
| Other taxes and social security costs | - |  | -
|  |  |  |  |  | 91,300 |  | 128,248
7 | Contingent liabilities
| The company takes part in a group registration for VAT with British Seals and Rubber Mouldings Limited. A contingent liability therefore exists for the VAT liability of that company. The amount of the liability at the Balance Sheet date was £Nil (2024:£Nil).
8 | Related party transactions
| The related parties are:
| A) 4 BG Group Limited
| B) British Gaskets Limited
| C) British Seals and Rubber Mouldings Limited
| D) B G Automotive Limited
| E) Forbi-PI Limited
| F) Bovill & Boyd Engineering Limited
| The Companies are related because the Estate of R D Jones has a material interest therein.
| Transactions During the Year | 2025 |  | 2024
£ | £
| Rent Received from D | - |  | -
| Expenses recharged to B | 1,600 |  | 1,807
| Expenses recharged to D | 1,600 |  | 1,807
| Amount due from A | 1,172,261 |  | 1,170,935
| Amount due from B | 72,997 |  | 79,665
| Amount due from C | 11,219 |  | 11,219
| Amount due from D | 17,035 |  | 15,735
| Amount due (to) E | (91,300) |  | (91,300)
| Amount due from F | 2,632 |  | 2,632
9 | Parent Undertaking and Controlling Party
| The company's parent undertaking is R D Jones (Management Consultants) Limited, a company incorporated in England. The ultimate controlling party is the Estate of R D Jones.
10 | Other information
| B G Packaging Limited is a private company limited by shares and incorporated in England. Its registered office is:
| BG Office
| 7 Brundon Lane
| Sudbury
| Suffolk
| CO10 1XR

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