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Company Registration No. 09803573 (England and Wales)
Plastotype Limited Unaudited accounts for the year ended 31 March 2024
Plastotype Limited Unaudited accounts Contents
Page
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Plastotype Limited Company Information for the year ended 31 March 2024
Director
Mr Michael Lee
Company Number
09803573 (England and Wales)
Registered Office
Unit 52 Lydney Harbour Industrial Estate Harbour Road Lydney Glos GL15 4EJ
Accountants
Brook House Accounting Services Ltd Brook House Brook Street Mitcheldean Glos GL17 0AU
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Plastotype Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,144 
1,430 
Current assets
Debtors
4,301 
8,151 
Cash at bank and in hand
23,617 
15,747 
27,918 
23,898 
Creditors: amounts falling due within one year
(15,808)
(10,071)
Net current assets
12,110 
13,827 
Net assets
13,254 
15,257 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
13,251 
15,254 
Shareholders' funds
13,254 
15,257 
For the year ending 31 March 2024 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 August 2024 and were signed on its behalf by
Mr Michael Lee Director Company Registration No. 09803573
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Plastotype Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Plastotype Limited is a private company, limited by shares, registered in England and Wales, registration number 09803573. The registered office is Unit 52 Lydney Harbour Industrial Estate, Harbour Road, Lydney, Glos, GL15 4EJ.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
7,147 
At 31 March 2024
7,147 
Depreciation
At 1 April 2023
5,717 
Charge for the year
286 
At 31 March 2024
6,003 
Net book value
At 31 March 2024
1,144 
At 31 March 2023
1,430 
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Plastotype Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,301 
8,151 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,482 
2,730 
Trade creditors
4,233 
1,637 
Taxes and social security
528 
949 
Other creditors
4,000 
4,000 
Loans from directors
3,505 
55 
Accruals
2,060 
700 
15,808 
10,071 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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