ReCarton UK Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08059031

ReCarton UK Limited

Filleted Financial Statements

31 December 2025

ReCarton UK Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		1	1

Current assets

Debtors	6	121,174	280,054
Cash at bank and in hand		1,759,066	1,313,008
		------------	------------
		1,880,240	1,593,062

Creditors: amounts falling due within one year	7	1,641,995		1,332,823
		------------		------------
Net current assets			238,245	260,239
			---------	---------
Total assets less current liabilities			238,246	260,240
			---------	---------
Net assets			238,246	260,240
			---------	---------

Capital and reserves

Called up share capital	9	1	1
Profit and loss account		238,245	260,239
		---------	---------
Shareholder funds		238,246	260,240
		---------	---------

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: 08059031

ReCarton UK Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, 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. The financial statements are prepared in sterling, which is the functional currency of the entity.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.

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.

Revenue recognition

The turnover shown in the profit and loss account represents amounts invoiced for the provision of materials for recycling during the year, exclusive of Value Added Tax, and member funding which represents contributions from members of The Alliance for Beverage Cartons and the Environment Limited, excluding Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

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.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

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.

4. Staff numbers

The average number of persons employed by the company during the year amounted to 0 (2024: 0).

5. Tangible assets

	Plant and machinery	Total
	£	£
Cost
At 1 January 2025 and 31 December 2025	1	1
	----	----
Depreciation
At 1 January 2025 and 31 December 2025	–	–
	----	----
Carrying amount
At 31 December 2025	1	1
	----	----
At 31 December 2024	1	1
	----	----

6. Debtors

	2025	2024
	£	£
Trade debtors	59,232	124,993
Amounts due from related parties	55,032	143,248
Other debtors	6,910	11,813
	---------	---------
	121,174	280,054
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	191,785	36,119
Amounts owed to group undertakings and undertakings in which the company has a participating interest	1,413,988	1,154,237
Social security and other taxes	–	3,386
Other creditors	36,222	139,081
	------------	------------
	1,641,995	1,332,823
	------------	------------

8. Provisions

	2025	2024
	£	£
Provisions	15,003	120,008
	--------	---------

The company has historically provided for an expected loss in the contract with a joint venture partner.

9. Called up share capital

Authorised share capital

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1	1	1	1
	----	----	----	----

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1	1	1	1
	----	----	----	----

10. 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 .

11. Related party transactions

The company invoiced the members of The Alliance for Beverage Cartons and the Environment Limited (the parent) a total of £757,900 (2024 £756,650) in the year. At the year end the company was owed £55,032 (2024 £143,248) by those members in respect of outstanding invoices. At the year end a balance of £1,413,988 was due to a company with significant influence over the company (2024 £1,154,237).

12. Controlling party

The ultimate parent company is The Alliance for Beverage Cartons and the Environment Limited (Company Number 07413708), which owns 100% of the shares in ReCarton UK Limited . The registered office of the ultimate parent company is 3rd Floor, 1 Ashley Road, Altrincham, Cheshire, WA14 2DT.