Direct Foam And Packaging Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08624971 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

DIRECT FOAM AND PACKAGING LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

33,101

46,114

CURRENT ASSETS

Stocks

115,525

110,982

Debtors

5

267,170

256,766

Cash at bank

8,408

80,159

391,103

447,907

CREDITORS

Amounts falling due within one year

6

(308,611

)

(368,990

)

NET CURRENT ASSETS

82,492

78,917

TOTAL ASSETS LESS CURRENT
LIABILITIES

115,593

125,031

CREDITORS

Amounts falling due after more than one
year

7

-

(7,307

)

NET ASSETS

115,593

117,724

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

115,493

117,624

SHAREHOLDERS' FUNDS

115,593

117,724

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 August 2026 and were signed on its behalf by:

P B Ward - Director

1.	STATUTORY INFORMATION

Direct Foam and Packaging Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 08624971 and its registered office is Units 1 and 1a Birley Street, Blackburn, Lancashire, BB1 5DN.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

10% or 20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

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 operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 December 2024

123,546

2,517

27,450

153,513

Disposals

(324

)

-

(324

)

At 30 November 2025

123,222

2,517

27,450

153,189

DEPRECIATION

At 1 December 2024

91,493

2,353

13,553

107,399

Charge for year

9,486

53

3,475

13,014

Eliminated on disposal

(325

)

-

(325

)

At 30 November 2025

100,654

2,406

17,028

120,088

NET BOOK VALUE

At 30 November 2025

22,568

111

10,422

33,101

At 30 November 2024

32,053

164

13,897

46,114

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

192,921

183,404

Other debtors

74,249

73,362

267,170

256,766

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

5,000

10,000

Hire purchase contracts

2,307

6,176

Trade creditors

132,431

165,182

Amounts owed to group undertakings

22,688

Taxation and social security

40,488

40,742

Other creditors

105,697

124,202

308,611

368,990

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

-

5,000

Hire purchase contracts

-

2,307

-

7,307

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

5,000

15,000

Hire purchase contracts

2,307

8,483

Discounting creditor

95,163

114,499

102,470

137,982

9.	OTHER FINANCIAL COMMITMENTS

The company had outstanding commitments in respect of operating leases at 30 November 2025 of £105,838 (2024: £127,474).

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

2025

2024

£

S P Leak

Balance outstanding at start of year

6,446

11,008

Amounts repaid

-

(4,562

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

6,446

Interest has been charged on the directors loan at the market rate.