Graphic West Packaging Machinery Limited

Graphic West Packaging Machinery Limited
Registered number:		03925957
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		58,614			32,536

Current assets
Stocks		440,251			489,195
Debtors	4	151,609			244,450
Cash at bank and in hand		221,283			228,051
		813,143			961,696

Creditors: amounts falling due within one year	5	(150,574)			(322,062)

Net current assets			662,569			639,634

Total assets less current liabilities			721,183			672,170

Creditors: amounts falling due after more than one year	6		(37,211)			(13,662)

Provisions for liabilities			(14,653)			(8,134)


Net assets			669,319			650,374

Capital and reserves
Called up share capital			462,588			462,588
Share premium			79,727			79,727
Profit and loss account			127,004			108,059

Shareholders' funds			669,319			650,374

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.

G Carter
Director
Approved by the board on 9 June 2026

Graphic West Packaging Machinery Limited
Notes to the Accounts
for the year ended 31 December 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 represents the amounts derived from the provision of goods and services which falls within the company's ordinary activities stated after trade discounts and net of value added tax.
	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, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as the following rates:

	Leasehold land and buildings			over the lease term
	Plant and machinery			10%-33.3% straight line
	Motor vehicles			25% straight line

	Stocks
	Stocks are measured at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	Rentals paid under operating leases are charged to profit and loss on a straight line basis over the period of the lease.

	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					7		7

3	Tangible fixed assets
		Leasehold Premises		Plant and machinery		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	69,560		181,598		95,319		346,477
	Additions	-		-		42,265		42,265
	Disposals	-		-		-		-
	At 31 December 2025	69,560		181,598		137,584		388,742

	Depreciation
	At 1 January 2025	69,560		169,037		75,344		313,941
	Charge for the year	-		8,393		7,794		16,187
	On disposals	-		-		-		-
	At 31 December 2025	69,560		177,430		83,138		330,128

	Net book value
	At 31 December 2025	-		4,168		54,446		58,614
	At 31 December 2024	-		12,561		19,975		32,536


4	Debtors					2025		2024
£							£
	Trade debtors					116,588		155,596
	Other debtors					35,021		88,854
						151,609		244,450

5	Creditors: amounts falling due within one year					2025		2024
£							£
	Bank loans and overdrafts					5,000		10,000
	Obligations under finance lease and hire purchase contracts					12,089		4,357
	Trade creditors					119,402		284,786
	Corporation tax					8		8,667
	Other taxes and social security costs					7,575		7,252
	Other creditors					6,500		7,000
						150,574		322,062

6	Creditors: amounts falling due after one year					2025		2024
£							£
	Bank loans					-		5,000
	Obligations under finance lease and hire purchase contracts					37,211		8,662
						37,211		13,662

7	Controlling party
	The ultimate controlling party of the company is G Carter

8	Other information
	Graphic West Packaging Machinery Limited is a private company limited by shares and incorporated in England. Its registered office is:
	New Woad Farm
	Lathbury, Newport Pagnell
	Milton Keynes
	Buckinghamshire
	MK16 8QZ