Registration number:
Abbreviated Accounts
for the Year Ended
Thorpe Packaging Limited
Abbreviated Balance Sheet at 30 June 2015
Note |
2015
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2014
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Investments |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
- |
( |
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Provisions for liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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These accounts were approved by the directors and authorised for issue on
P.R. Jolliffe
DirectorCompany Registration Number: 03084801
1
Thorpe Packaging Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
Accounting policies |
Basis of preparation
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Goodwill |
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Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Plant & Machinery |
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Fixtures & Fittings |
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Fixed asset investments
Stock
Thorpe Packaging Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
Deferred tax
Operating lease agreements
Financial instruments
Pensions
Thorpe Packaging Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
Fixed assets |
Intangible assets
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Tangible assets
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Investments
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Total
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Cost |
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At 1 July 2014 |
138,000 |
216,118 |
14,000 |
368,118 |
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Additions |
- |
10,075 |
268,000 |
278,075 |
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Disposals |
- |
(19,045) |
- |
(19,045) |
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At 30 June 2015 |
138,000 |
207,148 |
282,000 |
627,148 |
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Depreciation |
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At 1 July 2014 |
73,000 |
143,503 |
- |
216,503 |
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Charge for the year |
6,500 |
20,156 |
- |
26,656 |
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Eliminated on disposals |
- |
(16,979) |
- |
(16,979) |
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At 30 June 2015 |
79,500 |
146,680 |
- |
226,180 |
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Net book value |
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At 30 June 2015 |
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At 30 June 2014 |
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Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
£ |
No. |
£ |
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