Acorah Software Products - Accounts Production 19.3.600 false true 30 November 2024 1 December 2023 false 1 December 2024 30 November 2025 30 November 2025 03462220 Mr S Boyd Mrs W Boyd S Boyd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03462220 2024-11-30 03462220 2025-11-30 03462220 2024-12-01 2025-11-30 03462220 frs-core:CurrentFinancialInstruments 2025-11-30 03462220 frs-core:MotorVehicles 2025-11-30 03462220 frs-core:MotorVehicles 2024-12-01 2025-11-30 03462220 frs-core:MotorVehicles 2024-11-30 03462220 frs-core:ShareCapital 2025-11-30 03462220 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 03462220 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 03462220 frs-bus:FilletedAccounts 2024-12-01 2025-11-30 03462220 frs-bus:SmallEntities 2024-12-01 2025-11-30 03462220 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 03462220 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 03462220 1 2024-12-01 2025-11-30 03462220 frs-bus:Director1 2024-12-01 2025-11-30 03462220 frs-bus:CompanySecretary1 2024-12-01 2025-11-30 03462220 frs-countries:EnglandWales 2024-12-01 2025-11-30 03462220 2023-11-30 03462220 2024-11-30 03462220 2023-12-01 2024-11-30 03462220 frs-core:CurrentFinancialInstruments 2024-11-30 03462220 frs-core:ShareCapital 2024-11-30 03462220 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30
Registered number: 03462220
P & G Packaging Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03462220
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,263 12,394
8,263 12,394
CURRENT ASSETS
Stocks 4,020 5,856
Debtors 5 207,490 218,639
Cash at bank and in hand 2,269,169 1,988,386
2,480,679 2,212,881
Creditors: Amounts Falling Due Within One Year 6 (415,418 ) (358,535 )
NET CURRENT ASSETS (LIABILITIES) 2,065,261 1,854,346
TOTAL ASSETS LESS CURRENT LIABILITIES 2,073,524 1,866,740
NET ASSETS 2,073,524 1,866,740
CAPITAL AND RESERVES
Called up share capital 2 2
Profit and Loss Account 2,073,522 1,866,738
SHAREHOLDERS' FUNDS 2,073,524 1,866,740
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For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr S Boyd
Director
17/08/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
P & G Packaging Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03462220 . The registered office is Unit 12/14 Palatine Industrial Estate, Causeway Avenue, Warrington, Cheshire, WA4 6QQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS 102, Section 1A – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The financial statements are presented in Sterling (£).
2.2. Turnover
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets held for the company’s own use are stated at cost less accumulated depreciation and accumulated impairment losses.
Depreciation is provided at rates calculated to write down the cost of fixed assets, less their estimated residual value, over their expected useful lives. 
Assets held under finance leases are depreciated in the same way as owned assets.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
The depreciation rates generally applicable are:
Motor Vehicles 25%
2.4. Stocks and Work in Progress
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. Pensions
The company operates defined pension contribution schemes. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the schemes.


3. Average Number of Employees
The average number of employees over the year was 5 (2024: 5)
5 5
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 December 2024 16,525
As at 30 November 2025 16,525
Depreciation
As at 1 December 2024 4,131
Provided during the period 4,131
As at 30 November 2025 8,262
Net Book Value
As at 30 November 2025 8,263
As at 1 December 2024 12,394
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5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 132,203 169,456
Prepayments and accrued income 4,360 4,236
Director's loan account 70,927 44,947
207,490 218,639
The director's loan account is unsecured and interest free. The loan was repaid on the 3 August 2026
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 91,748 48,578
Corporation tax 87,000 107,500
Other taxes and social security 17,478 17,930
Accruals and deferred income 79,671 65,386
Amounts owed to related parties 6,430 6,430
Payments on account 133,091 112,711
415,418 358,535
7. Pension Commitments
The company operates defined contribution pension schemes. The assets of the schemes are held separately from those of the company in independently administered funds. 
8. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is P & G Enterprises Limited, a company incorporated in England and Wales. The ultimate controlling party is S Boyd who controls 100% of the shares of P & G Enterprises Limited.
9. Operating Leases
At 30 November 2025, the company had operating lease commitments over the remaining life of the leases of £86,240  (2024 - £109,760)
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