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Company Registration No. 01903605 (England and Wales)
Firstpress (Plastic Moulders) Limited Unaudited accounts for the year ended 31 July 2024
Firstpress (Plastic Moulders) Limited Unaudited accounts Contents
Page
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Firstpress (Plastic Moulders) Limited Company Information for the year ended 31 July 2024
Directors
Mr Javed Iqbal Aziz Mrs Zahida Aziz
Company Number
01903605 (England and Wales)
Registered Office
First Press Plastic Moulders Ltd 15 Pritchett Street Birmingham West Midlands B6 4EH England
Accountants
Younis Bhatti & Co Ltd 93 Broad Street Birmingham West Midlands B15 1AU
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Firstpress (Plastic Moulders) Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
758,084 
729,758 
Investments
530,887 
530,887 
1,288,971 
1,260,645 
Current assets
Inventories
129,940 
213,350 
Debtors
551,716 
965,964 
Cash at bank and in hand
69,796 
46,739 
751,452 
1,226,053 
Creditors: amounts falling due within one year
(834,202)
(927,756)
Net current (liabilities)/assets
(82,750)
298,297 
Total assets less current liabilities
1,206,221 
1,558,942 
Creditors: amounts falling due after more than one year
267,810 
(504,434)
Net assets
1,474,031 
1,054,508 
Capital and reserves
Called up share capital
2,000 
2,000 
Profit and loss account
1,472,031 
1,052,508 
Shareholders' funds
1,474,031 
1,054,508 
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by
Mr Javed Iqbal Aziz Director Company Registration No. 01903605
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Firstpress (Plastic Moulders) Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Firstpress (Plastic Moulders) Limited is a private company, limited by shares, registered in England and Wales, registration number 01903605. The registered office is First Press Plastic Moulders Ltd, 15 Pritchett Street , Birmingham, West Midlands, B6 4EH, 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:
Plant & machinery
5%
Motor vehicles
5%
Fixtures & fittings
5%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
2,234,913 
86,281 
79,601 
2,400,795 
Additions
108,000 
- 
- 
108,000 
At 31 July 2024
2,342,913 
86,281 
79,601 
2,508,795 
Depreciation
At 1 August 2023
1,535,043 
74,060 
61,934 
1,671,037 
Charge for the year
78,327 
1,347 
- 
79,674 
At 31 July 2024
1,613,370 
75,407 
61,934 
1,750,711 
Net book value
At 31 July 2024
729,543 
10,874 
17,667 
758,084 
At 31 July 2023
699,870 
12,221 
17,667 
729,758 
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Firstpress (Plastic Moulders) Limited Notes to the Accounts for the year ended 31 July 2024
5
Investments
Other investments 
£ 
Valuation at 1 August 2023
530,887 
Valuation at 31 July 2024
530,887 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
550,972 
965,220 
Amounts falling due after more than one year
Accrued income and prepayments
744 
744 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2 
3 
VAT
58,665 
136,522 
Trade creditors
536,633 
493,248 
Taxes and social security
155,789 
17,983 
Other creditors
13,113 
- 
Loans from directors
70,000 
280,000 
834,202 
927,756 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
28,774 
44,123 
Obligations under finance leases and hire purchase contracts
213,838 
280,454 
Other creditors
(510,422)
179,857 
(267,810)
504,434 
9
Average number of employees
During the year the average number of employees was 47 (2023: 51).
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