FOOD CONTAINERS MANUFACTURING UK LTD

FOOD CONTAINERS MANUFACTURING UK LTD

FOOD CONTAINERS MANUFACTURING UK LTD - Company Information

Print Friendly Version

1 January 2020 false No description of principal activity Taxfiler 2021.20 06713274business:PrivateLimitedCompanyLtd2020-01-012020-12-31 067132742019-12-31 067132742020-01-012020-12-31 06713274business:AuditExempt-NoAccountantsReport2020-01-012020-12-31 06713274business:FullAccounts2020-01-012020-12-31 067132742020-12-31 06713274business:Director12020-01-012020-12-31 06713274business:RegisteredOffice2020-01-012020-12-31 067132742019-12-31 06713274core:WithinOneYear2020-12-31 06713274core:WithinOneYear2019-12-31 06713274core:AfterOneYear2020-12-31 06713274core:AfterOneYear2019-12-31 06713274core:ShareCapital2020-12-31 06713274core:ShareCapital2019-12-31 06713274core:RetainedEarningsAccumulatedLosses2020-12-31 06713274core:RetainedEarningsAccumulatedLosses2019-12-31 06713274business:SmallEntities2020-01-012020-12-31 06713274countries:EnglandWales2020-01-012020-12-31 06713274core:FurnitureFittings2020-01-012020-12-31 06713274core:FurnitureFittings2019-12-31 06713274core:FurnitureFittings2020-12-31 067132742019-01-012019-12-31 iso4217:GBP xbrli:pure
Company Registration No. 06713274 (England and Wales)
FOOD CONTAINERS MANUFACTURING UK LTD Unaudited accounts for the year ended 31 December 2020
FOOD CONTAINERS MANUFACTURING UK LTD Unaudited accounts Contents
Page
- 2 -
FOOD CONTAINERS MANUFACTURING UK LTD Company Information for the year ended 31 December 2020
Director
Balbir Singh Mann
Company Number
06713274 (England and Wales)
Registered Office
616D GREEN LANE ILFORD IG3 9SE ENGLAND
- 3 -
FOOD CONTAINERS MANUFACTURING UK LTD Statement of financial position as at 31 December 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
256,218 
269,703 
Current assets
Inventories
365,010 
410,680 
Debtors
5
513,785 
447,625 
Cash at bank and in hand
106,664 
32,475 
985,459 
890,780 
Creditors: amounts falling due within one year
6
(1,778,138)
(1,162,828)
Net current liabilities
(792,679)
(272,048)
Total assets less current liabilities
(536,461)
(2,345)
Creditors: amounts falling due after more than one year
7
(50,000)
(154,613)
Provisions for liabilities
Deferred tax
(48,569)
(48,569)
Net liabilities
(635,030)
(205,527)
Capital and reserves
Called up share capital
112,500 
112,500 
Profit and loss account
(747,530)
(318,027)
Shareholders' funds
(635,030)
(205,527)
For the year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 December 2021 and were signed on its behalf by
Balbir Singh Mann Director Company Registration No. 06713274
- 4 -
FOOD CONTAINERS MANUFACTURING UK LTD Notes to the Accounts for the year ended 31 December 2020
1
Statutory information
FOOD CONTAINERS MANUFACTURING UK LTD is a private company, limited by shares, registered in England and Wales, registration number 06713274. The registered office is 616D GREEN LANE, ILFORD, IG3 9SE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Fixtures & fittings 5% reducing balance basis
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2020
551,421 
At 31 December 2020
551,421 
Depreciation
At 1 January 2020
281,718 
Charge for the year
13,485 
At 31 December 2020
295,203 
Net book value
At 31 December 2020
256,218 
At 31 December 2019
269,703 
5
Debtors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade debtors
441,627 
295,906 
Accrued income and prepayments
2,500 
2,500 
Other debtors
69,658 
149,219 
513,785 
447,625 
- 5 -
FOOD CONTAINERS MANUFACTURING UK LTD Notes to the Accounts for the year ended 31 December 2020
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Bank loans and overdrafts
56,420 
- 
Trade creditors
566,409 
395,565 
Taxes and social security
167,706 
22,553 
Other creditors
985,601 
742,708 
Accruals
2,002 
2,002 
1,778,138 
1,162,828 
7
Creditors: amounts falling due after more than one year
2020 
2019 
£ 
£ 
Bank loans
50,000 
- 
Other creditors
- 
154,613 
50,000 
154,613 
8
Average number of employees
During the year the average number of employees was 7 (2019: 12).
- 6 -