Registration number: 09629135

Packaging Products (Holdings) Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Packaging Products (Holdings) Limited

Company Information

Directors

Mr P D Cornford Mr R J Cornford Mr D R Cornford Mr A J Cornford Mr J A Cornford

Company secretary

Mr P D Cornford

Registered office

Little Green Works Collyhurst Road Collyhurst Manchester M40 7RT

Packaging Products (Holdings) Limited

(Registration number: 09629135)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	123,925	124,575
Investments		3,045	3,045
		126,970	127,620
Current assets
Cash at bank and in hand		391,125	283,089
Creditors: Amounts falling due within one year	5	(20,374)	(19,335)
Net current assets		370,751	263,754
Net assets		497,721	391,374
Capital and reserves
Called up share capital		3,045	3,045
Retained earnings		494,676	388,329
Shareholders' funds		497,721	391,374

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Packaging Products (Holdings) Limited

(Registration number: 09629135)
Balance Sheet as at 31 December 2025

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 April 2026 and signed on its behalf by:
 

......................................... Mr P D Cornford Company secretary and director

......................................... Mr D R Cornford Director

Packaging Products (Holdings) Limited

Notes to the Unaudited Financial Statements for the year ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Little Green Works
Collyhurst Road
Collyhurst
Manchester
M40 7RT

These financial statements were authorised for issue by the Board on 6 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency is the Pound Sterling and rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis, with management having given due consideration to the company’s ability to continue as a going concern for at least the next twelve months.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of turnover can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Packaging Products (Holdings) Limited

Notes to the Unaudited Financial Statements for the year ended 31 December 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Depreciation method and rate for tangible assets
Asset class	Depreciation method and rate
Leasehold property	Straight line over the period of the lease

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Packaging Products (Holdings) Limited

Notes to the Unaudited Financial Statements for the year ended 31 December 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 5).

4	Tangible assets

	Long leasehold land and buildings £	Total £
Cost or valuation
At 1 January 2025	130,750	130,750
At 31 December 2025	130,750	130,750
Depreciation
At 1 January 2025	6,175	6,175
Charge for the year	650	650
At 31 December 2025	6,825	6,825
Carrying amount
At 31 December 2025	123,925	123,925
At 31 December 2024	124,575	124,575

Packaging Products (Holdings) Limited

Notes to the Unaudited Financial Statements for the year ended 31 December 2025

5

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Amounts owed to group undertakings and undertakings in which the company has a participating interest		7,718	6,634
Taxation and social security		11,666	11,711
Accruals and deferred income		990	990
		20,374	19,335

6	Share capital

	2025		2024
	No.	£	No.	£
Ordinary of £0.01 each	304,500	3,045.00	304,500	3,045.00

7

Dividends

		2025		2024
		£		£
Interim dividends paid in the year		187,500		143,750

Packaging Products (Holdings) Limited

Notes to the Unaudited Financial Statements for the year ended 31 December 2025

8	Investments

	2025 £	2024 £
Investments in subsidiaries	3,045	3,045