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REGISTERED NUMBER: 08643233 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

LINEAR PLASTICS ENGINEERING LIMITED

LINEAR PLASTICS ENGINEERING LIMITED (REGISTERED NUMBER: 08643233)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

LINEAR PLASTICS ENGINEERING LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTOR: G R Bassett





SECRETARY:





REGISTERED OFFICE: Unit UB2
Off Tonteg Road
Treforest Industrial Estate
Pontypridd
Rhondda Cynon Taff
CF37 5UA





REGISTERED NUMBER: 08643233 (England and Wales)





ACCOUNTANTS: James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY

LINEAR PLASTICS ENGINEERING LIMITED (REGISTERED NUMBER: 08643233)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 4 89,500 159,598
Cash at bank and in hand 480,747 4,821
570,247 164,419
CREDITORS
Amounts falling due within one year 5 358,125 88,764
NET CURRENT ASSETS 212,122 75,655
TOTAL ASSETS LESS CURRENT
LIABILITIES

212,122

75,655

CREDITORS
Amounts falling due after more than one
year

6

15,000

25,000
NET ASSETS 197,122 50,655

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 197,022 50,555
SHAREHOLDERS' FUNDS 197,122 50,655

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 November 2024 and were signed by:





G R Bassett - Director


LINEAR PLASTICS ENGINEERING LIMITED (REGISTERED NUMBER: 08643233)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Linear Plastics Engineering Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 59 (2023 - 52 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 145,098
Other debtors 89,500 14,500
89,500 159,598

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 178,365 -
Taxation and social security 165,377 72,951
Other creditors 4,383 5,813
358,125 88,764

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 15,000 25,000

LINEAR PLASTICS ENGINEERING LIMITED (REGISTERED NUMBER: 08643233)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
G R Bassett
Balance outstanding at start of year 14,500 -
Amounts advanced - 14,500
Amounts repaid (14,500 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 14,500

8. ULTIMATE CONTROLLING PARTY

The controlling party is G R Bassett.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Linear Plastics Engineering Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Linear Plastics Engineering Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Linear Plastics Engineering Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Linear Plastics Engineering Limited and state those matters that we have agreed to state to the director of Linear Plastics Engineering Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Linear Plastics Engineering Limited and its director for our work or for this report.

It is your duty to ensure that Linear Plastics Engineering Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Linear Plastics Engineering Limited. You consider that Linear Plastics Engineering Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Linear Plastics Engineering Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY


19 November 2024