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REGISTERED NUMBER: 04373041 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

INTERNATIONAL SCIENTIFIC SUPPLIES LTD

INTERNATIONAL SCIENTIFIC SUPPLIES LTD (REGISTERED NUMBER: 04373041)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INTERNATIONAL SCIENTIFIC SUPPLIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







Directors: A Littlewood
S T Hill
D Griffiths





Registered office: Unit 6
Valley Road
Bradford
BD1 4RU





Registered number: 04373041 (England and Wales)





Accountants: Haines Watts (East Midlands) Ltd
10 Stadium Business Court
Millennium Way
Pride Park
Derby
Derbyshire
DE24 8HP

INTERNATIONAL SCIENTIFIC SUPPLIES LTD (REGISTERED NUMBER: 04373041)

BALANCE SHEET
30 APRIL 2024

2024 2023
as restated
Notes £ £
Fixed assets
Tangible assets 4 1,310,605 1,462,698

Current assets
Stocks 5 1,067,352 835,770
Debtors 6 4,625,791 5,854,997
Cash at bank - 77,626
5,693,143 6,768,393
Creditors
Amounts falling due within one year 7 (1,990,350 ) (2,049,161 )
Net current assets 3,702,793 4,719,232
Total assets less current liabilities 5,013,398 6,181,930

Creditors
Amounts falling due after more than one
year

8

(74,678

)

(1,104,013

)

Provisions for liabilities (324,133 ) (277,913 )
Net assets 4,614,587 4,800,004

Capital and reserves
Called up share capital 10 1,000 1,000
Retained earnings 4,613,587 4,799,004
Shareholders' funds 4,614,587 4,800,004

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 January 2025 and were signed on its behalf by:





S T Hill - Director


INTERNATIONAL SCIENTIFIC SUPPLIES LTD (REGISTERED NUMBER: 04373041)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

International Scientific Supplies Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 33% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 49 (2023 - 53 ) .

INTERNATIONAL SCIENTIFIC SUPPLIES LTD (REGISTERED NUMBER: 04373041)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and
improvements machinery fittings Totals
£ £ £ £
Cost
At 1 May 2023 - 2,784,298 286,776 3,071,074
Additions 19,241 57,382 2,067 78,690
At 30 April 2024 19,241 2,841,680 288,843 3,149,764
Depreciation
At 1 May 2023 - 1,521,699 86,677 1,608,376
Charge for year 2,300 196,402 32,081 230,783
At 30 April 2024 2,300 1,718,101 118,758 1,839,159
Net book value
At 30 April 2024 16,941 1,123,579 170,085 1,310,605
At 30 April 2023 - 1,262,599 200,099 1,462,698

5. STOCKS
2024 2023
as restated
£ £
Stocks 1,067,352 835,770

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£ £
Trade debtors 826,059 688,038
Amounts due to parent company 3,688,085 4,992,767
Other debtors 111,647 174,192
4,625,791 5,854,997

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£ £
Bank loans and overdrafts 74,690 242,632
Hire purchase contracts (see note 9) 102,124 96,405
Trade creditors 686,515 622,337
Tax 65,569 158,160
Other creditors 1,061,452 929,627
1,990,350 2,049,161

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
as restated
£ £
Bank loans - 2-5 years - 930,089
Hire purchase contracts (see note 9) 74,678 173,924
74,678 1,104,013

INTERNATIONAL SCIENTIFIC SUPPLIES LTD (REGISTERED NUMBER: 04373041)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
as restated
£ £
Net obligations repayable:
Within one year 102,124 96,405
Between one and five years 74,678 173,924
176,802 270,329

Non-cancellable
operating leases
2024 2023
as restated
£ £
Within one year 205,120 199,286
Between one and five years 1,025,600 1,025,600
In more than five years 688,753 893,873
1,919,473 2,118,759

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: as restated
£ £
1,000 Ordinary £1000 1,000 1,000

11. RELATED PARTY DISCLOSURES

The company was acquired by STH Plastics Limited during the current year. STH Plastics Limited is the majority shareholder. Mr S Hill, who is a director of this Company, is the ultimate controlling party of STH Plastics Limited.

The directors are the key management personnel.

At the year end, International Scientific Supplies Ltd had the following balances outstanding with STH Plastics Ltd and with Adreco Ltd, a company under common control:

20242023

Debtors
STH Plastics Ltd3,688,0854,992.767
Adreco Ltd10,096

Creditors
Adreco Ltd766