The Alliance for Beverage Cartons and the Environment Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07413708

The Alliance for Beverage Cartons and the Environment Limited

Company Limited by Guarantee

Filleted Financial Statements

31 December 2025

The Alliance for Beverage Cartons and the Environment Limited

Company Limited by Guarantee

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6	2,569	–
Investments	7	1	1
		-------	----
		2,570	1

Current assets

Debtors	8	1,434,052	1,170,475
Cash at bank and in hand		33,366	23,588
		------------	------------
		1,467,418	1,194,063

Creditors: amounts falling due within one year	9	59,763		51,723
		------------		------------
Net current assets			1,407,655	1,142,340
			------------	------------
Total assets less current liabilities			1,410,225	1,142,341
			------------	------------
Net assets			1,410,225	1,142,341
			------------	------------

Capital and reserves

Profit and loss account	1,410,225	1,142,341
	------------	------------
Members funds	1,410,225	1,142,341
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

These financial statements were approved by the board of directors and authorised for issue on 24 June 2026 , and are signed on behalf of the board by:

Ms A Chadha

Director

Company registration number: 07413708

The Alliance for Beverage Cartons and the Environment Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 3rd Floor, 1 Ashley Road, Altrincham, Cheshire, WA14 2DT.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Investments

The company's investment in its wholly owned subsidiary, ReCarton UK Limited, is recognised at cost of £1, representing the nominal consideration. The investment is reviewed annually for impairment and carried at cost less any impairment losses.

Disclosure exemptions

The company has applied Section 1A of FRS 102 and has therefore taken advantage of the reduced disclosure requirements available to small entities: (a) No cash flow statement has been presented for the company. (b) Disclosures required by FRS 102 in respect of financial instruments have not been presented. (c) No disclosure has been given for the aggregate remuneration of key management personnel.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

The turnover shown in the accounts is member funding which represents contributions from members, excluding Value Added Tax.

Taxation

Current tax represents the amount of corporation tax payable (or recoverable) in respect of taxable profits for the period, using tax rates and laws enacted or substantively enacted at the balance sheet date. The company's activities are non-trading in nature, and it does not generally incur corporation tax. Where taxable income arises, it is recognised in profit or loss at the applicable rate. No tax charge has arisen in the current or prior period. Deferred tax is recognised on timing differences between the treatment of items in the financial statements and for taxation purposes. No deferred tax has been recognised as no material timing differences have arisen.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Computer equipment	-	Straightline over 3 years

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Company limited by guarantee

The company is limited by guarantee.

5. Staff numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).

6. Tangible assets

	Computer Equipment	Total
	£	£
Cost
At 1 January 2025	4,140	4,140
Additions	3,854	3,854
	-------	-------
At 31 December 2025	7,994	7,994
	-------	-------
Depreciation
At 1 January 2025	4,140	4,140
Charge for the year	1,285	1,285
	-------	-------
At 31 December 2025	5,425	5,425
	-------	-------
Carrying amount
At 31 December 2025	2,569	2,569
	-------	-------
At 31 December 2024	–	–
	-------	-------

7. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2025 and 31 December 2025	1
	----
Impairment
At 1 January 2025 and 31 December 2025	–
	----

Carrying amount
At 31 December 2025	1
	----
At 31 December 2024	1
	----

The company holds 100% of the ordinary share capital of ReCarton UK Limited, a company incorporated in England and Wales.

The subsidiary is held directly.

The company has not prepared consolidated financial statements as it is exempt from doing so under the small groups exemption in the Companies Act 2006.

8. Debtors

	2025	2024
	£	£
Other debtors	1,434,052	1,170,475
	------------	------------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	14,838	9,764
Social security and other taxes	7,829	15,871
Other creditors	37,096	26,088
	--------	--------
	59,763	51,723
	--------	--------

10. Employee benefits

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 28,989 (2024: £ 69,171 ).

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions totalling £2,633 (2024 - £1,973) were payable to the fund at the year-end and are included in creditors.

11. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	10,560	4,800
Later than 1 year and not later than 5 years	14,960	–
	--------	-------
	25,520	4,800
	--------	-------

12. Summary audit opinion

The auditor's report dated 24 June 2026 was unqualified .

The senior statutory auditor was Diane Petit-Laurent FCA , for and on behalf of Saffery LLP .

13. Related party transactions

No one party has overall control of the company. The company received income in the form of member subscriptions totalling £579,065 (2024 £519,226). At the year end a balance of £1,413,988 was due from an entity which the company has significant influence over (2024 £1,154,237). No other transactions with related parties were undertaken such as are required to be disclosed under Section 33 of Financial Reporting Standard 102.