REGISTERED NUMBER: 04709272 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

FROMM PACKAGING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M H Schwarzenbach

R Fromm

F Welsh

SECRETARY:

M H Schwarzenbach

REGISTERED OFFICE:

Unit 2B

Hedsor Park Farm

Heathfield Road

Taplow

Buckinghamshire

SL6 0FE

REGISTERED NUMBER:

04709272 (England and Wales)

AUDITORS:

Just Audit Limited

Chartered Accountants & Statutory Auditors

Strelley Hall

Main Street

Strelley

Nottingham

NG8 6PE

FIXED ASSETS

Intangible assets

4

26,205

18,210

Tangible assets

5

4,334,062

4,228,464

4,360,267

4,246,674

CURRENT ASSETS

Stocks

2,200,051

2,547,082

Debtors

6

1,944,672

1,675,063

Cash at bank and in hand

1,116,229

819,489

5,260,952

5,041,634

CREDITORS

Amounts falling due within one year

7

2,034,375

1,382,589

NET CURRENT ASSETS

3,226,577

3,659,045

TOTAL ASSETS LESS CURRENT LIABILITIES

7,586,844

7,905,719

DEFERRED TAX

9

1,045,253

1,006,574

NET ASSETS

6,541,591

6,899,145

CAPITAL AND RESERVES

Called up share capital

10

3,100,000

3,100,000

Retained earnings

3,441,591

3,799,145

SHAREHOLDERS' FUNDS

6,541,591

6,899,145

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2026 and were signed on its behalf by:

M H Schwarzenbach - Director

F Welsh - Director

1.	STATUTORY INFORMATION

Fromm Packaging Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover represents the value of the sale of goods and services excluding value added tax. On rentals of assets to customers under operating leases, income is recognised on a straight line basis over the period of the lease. For other types of sales, income is recognised either at the date of despatch for goods or the date at which services have been rendered.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised at 15% reducing balance.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 15% on cost, 15% on reducing balance and Over term of the lease

Tangible fixed assets are stated at cost less accumulated depreciation and any recognised impairment loss.

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, future investments and the physical condition of the assets.

Stocks

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

Net realisable value is based on selling price less anticipated costs to completion plus selling costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

The company pays pension contributions into personal pension schemes held by employees. The amount charged against profits represents the contributions paid into their pension schemes in respect of the accounting period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

89,216

Additions

13,796

At 31 December 2025

103,012

AMORTISATION

At 1 January 2025

71,006

Charge for year

5,801

At 31 December 2025

76,807

NET BOOK VALUE

At 31 December 2025

26,205

At 31 December 2024

18,210

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Other

property

machinery

fittings

Equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

315,535

4,544,869

218,984

123,665

5,203,053

Additions

-

183,833

12,970

-

196,803

Disposals

-

(45,283

)

-

-

(45,283

)

At 31 December 2025

315,535

4,683,419

231,954

123,665

5,354,573

DEPRECIATION

At 1 January 2025

190,260

473,970

201,949

108,410

974,589

Charge for year

31,320

43,468

4,500

2,440

81,728

Eliminated on disposal

-

(35,806

)

-

-

(35,806

)

At 31 December 2025

221,580

481,632

206,449

110,850

1,020,511

NET BOOK VALUE

At 31 December 2025

93,955

4,201,787

25,505

12,815

4,334,062

At 31 December 2024

125,275

4,070,899

17,035

15,255

4,228,464

Included above are assets which are held under operating leases to customers with a cost of £4,683,419 (2024: £4,544,869) and accumulated depreciation of £481,632 (2024: £473,970).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

as restated

£

£

Trade debtors

1,369,252

1,315,837

Amounts owed by group undertakings

315,346

326,740

Other debtors

260,074

32,486

1,944,672

1,675,063

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

as restated

£

£

Bank loans and overdrafts

31

22

Trade creditors

155,968

174,661

Amounts owed to group undertakings

708,038

180,994

Taxation and social security

296,530

224,101

Other creditors

873,808

802,811

2,034,375

1,382,589

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/12/25

31/12/24

as restated

£

£

Within one year

133,644

129,926

Between one and five years

36,388

54,854

170,032

184,780

9.	DEFERRED TAX

31/12/25

31/12/24

as restated

£

£

Deferred tax

Accelerated Capital Allowances

1,045,253

1,006,574

Deferred

tax

£

Balance at 1 January 2025

1,006,574

Charge to Income Statement during year

38,679

Balance at 31 December 2025

1,045,253

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/25

31/12/24

value:

as restated

£

£

3,100,000

Ordinary

£1

3,100,000

3,100,000

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

David Fletcher BA BFP FCA (Senior Statutory Auditor)

for and on behalf of Just Audit Limited

12.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme and the assets of the scheme are held separately from those of the company in an independently administered fund. Costs charged in the period in respect of its contributions to the UK scheme were £49,461 (2024: £42,748) and at the end of the period accrued contributions were £Nil (2024: £Nil) in respect of such contributions.

13.	PRIOR YEAR ADJUSTMENT

Environmental compliance fees relating to previous years were omitted from the previous years' financial statements. Therefore a prior year adjustment has been made to correct this error.

The prior year adjustment has increased Other creditors at 1 January 2024 by £243,663, and decreased Retained earnings by the same amount at that date.

A further adjustment has been made, for the same reason as above, increasing Cost of sales by £137,738 for the year ended 31 December 2024, and increasing Other creditors by the same amount at 31 December 2024.

A further adjustment has been made for the tax provision on these adjustments of £34,434 which has reduced the tax creditor and the tax charge for the year ended 31 December 2024.

The cumulative effect of these adjustments is to increase Other creditors at 31 December 2024 by £381,401, to decrease Taxation and social security by £34,434 and to decrease Retained earnings by £346,967.

14.	CONSOLIDATION

The parent company of the smallest group that draws up consolidated financial statements which include the results for Fromm Packaging Limited is Reinhard Fromm Holding AG; its registered office address is Hinterbergstrasse 26, Steinhausen ZG 6312, Switzerland.