04999678falsethe supply of double glazing units and associated plastic products2023-03-012024-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:CompanySecretary12023-03-012024-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2023-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2023-02-28http://www.companieshouse.gov.uk/cd:Director12023-03-012024-02-28http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2024-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2024-02-28http://www.companieshouse.gov.uk/cd:Director22023-03-012024-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-02-28http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-02-28http://www.companieshouse.gov.uk/cd:Director32023-03-012024-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-02-28http://www.companieshouse.gov.uk/cd:Director42023-03-012024-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-03-012024-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-03-012024-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-03-012024-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-02-28http://www.companieshouse.gov.uk/2023-03-012024-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:FRS1022023-03-012024-02-28http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2023-03-012024-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-03-012024-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04999678

Cybi Building Plastics Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2024

Prepared By:
M E Strom Limited
CPAA
333-335
High Street
Bangor
Gwynedd
LL57 1YA

Cybi Building Plastics Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2024
DIRECTORS
I M Jones
G A Jones
C A Williams (to 13/01/2022)
C A Williams
SECRETARY
C A Williams (to 13/01/2022)
REGISTERED OFFICE
Unit 1
Gaerwen Industrial Estate
Gaerwen
Anglesey
LL60 6HR
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04999678
ACCOUNTANTS
M E Strom Limited
CPAA
333-335
High Street
Bangor
Gwynedd
LL57 1YA

Cybi Building Plastics Limited

ACCOUNTS
FOR THEYEARENDED28/02/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Cybi Building Plastics Limited

BALANCE SHEET AT 28/02/2024
20242023
Notes££
FIXED ASSETS
Tangible assets22,6534,255
CURRENT ASSETS
Stock55,94858,886
Debtors4210,312195,340
Cash at bank and in hand140,925156,483
407,185410,709
CREDITORS: Amounts falling due within one year535,99550,689
NET CURRENT ASSETS371,190360,020
TOTAL ASSETS LESS CURRENT LIABILITIES373,843364,275
PROVISIONS FOR LIABILITIES AND CHARGES7551808
NET ASSETS373,292363,467
CAPITAL AND RESERVES
Called up share capital870,00570,005
Profit and loss account303,287293,462
SHAREHOLDERS' FUNDS373,292363,467
For the year ending 28/02/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 31/10/2024 and signed on their behalf by
.............................
G A Jones
Director

Cybi Building Plastics Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

Cybi Building Plastics Limited

2. TANGIBLE FIXED ASSETS
Long LeaseholdPlant andCommercialFixtures
PropertiesMachineryVehiclesand FittingsTotal
£££££
Cost
At 01/03/202311,85968,99320,7802,505104,137
Disposals--(13,380)-(13,380)
At 28/02/202411,85968,9937,4002,50590,757
Depreciation
At 01/03/202311,85965,48320,0352,50599,882
Disposals--(13,052)-(13,052)
For the year-1,170104-1,274
At 28/02/202411,85966,6537,0872,50588,104
Net Book Amounts
At 28/02/2024-2,340313-2,653
At 28/02/2023-3,510745-4,255
3. STOCK 20242023
££
Stock comprises:
Stock55,94858,886
55,94858,886
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors61,63152,130
PAYE control5,471-
Other debtors143,210143,210
210,312195,340

Cybi Building Plastics Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax2,800180
VAT631514
PAYE control-4,158
Salaries and wages control-1,301
Trade creditors25,67837,575
Other creditors5,0615,136
Accruals1,8251,825
35,99550,689
6. EMPLOYEES
20242023
No.No.
Average number of employees66
7. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation551808
551808
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
70005 Ordinary shares of £1.00 each7000570005
70,00570,005
9. CONTROLLING PARTY
The company is a wholly owned subsidiary of MGC Ynys Mon Limited, a company registered in England & Wales.

Cybi Building Plastics Limited

10. RELATED PARTY TRANSACTIONS
M&G Windows Ynys Mon Limited is a wholly owned subsidiary of MGC Ynys Mon Limited. During the year, the company made sales of £13628 (2023 £13268) to M&G Windows Ynys Mon Limited, and purchases of £19113 (2023 £3305) from M&G Windows Ynys Mon Limited. At 28 February 2024 the balance due from M&G Windows Ynys Mon Limited was £65046 (2023 £68890).
The company is a wholly owned subsidiary of MGC Ynys Mon Limited. During the year, the company paid management charges of £86500 (2023 £109500) to MGC Ynys Mon Limited. At 28 February 2024, the balance due from MGC Ynys Mon Limited was £77561 (2023 £82561).