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REGISTERED NUMBER: 00777229 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Plastics and Veneers (Sales) Limited

Plastics and Veneers (Sales) Limited (Registered number: 00777229)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Plastics and Veneers (Sales) Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr P A Riozzie
Mr P Riozzie
Mr M Riozzie
Mr A Riozzie
Mr T Riozzie





SECRETARY: Mrs C A Riozzie





REGISTERED OFFICE: 43 Forth Street
Liverpool
Merseyside
L20 8NL





REGISTERED NUMBER: 00777229 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Plastics and Veneers (Sales) Limited (Registered number: 00777229)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 696,304 768,202
Investments 5 796,038 708,542
1,492,342 1,476,744

CURRENT ASSETS
Stocks 1,654,326 821,946
Debtors 6 2,367,578 2,297,067
Cash at bank and in hand 2,115,838 2,210,051
6,137,742 5,329,064
CREDITORS
Amounts falling due within one year 7 2,747,355 1,866,500
NET CURRENT ASSETS 3,390,387 3,462,564
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,882,729

4,939,308

CAPITAL AND RESERVES
Called up share capital 64,830 64,830
Retained earnings 4,817,899 4,874,478
4,882,729 4,939,308

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.

Plastics and Veneers (Sales) Limited (Registered number: 00777229)

Balance Sheet - continued
30 April 2024


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 Board of Directors and authorised for issue on 16 January 2025 and were signed on its behalf by:





Mr P Riozzie - Director


Plastics and Veneers (Sales) Limited (Registered number: 00777229)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Plastics and Veneers (Sales) 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 represents net sales of goods, excluding value added tax.

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 etc - 25% 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 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 35 (2023 - 35 ) .

Plastics and Veneers (Sales) Limited (Registered number: 00777229)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1 May 2023 860,005 479,056 1,339,061
At 30 April 2024 860,005 479,056 1,339,061
DEPRECIATION
At 1 May 2023 391,015 179,844 570,859
Charge for year 17,200 54,698 71,898
At 30 April 2024 408,215 234,542 642,757
NET BOOK VALUE
At 30 April 2024 451,790 244,514 696,304
At 30 April 2023 468,990 299,212 768,202

5. FIXED ASSET INVESTMENTS
Other
investments
£
COST
At 1 May 2023 708,542
Additions 87,496
At 30 April 2024 796,038
NET BOOK VALUE
At 30 April 2024 796,038
At 30 April 2023 708,542

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£ £
Trade debtors 2,367,578 2,297,067

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£ £
Trade creditors 1,408,644 775,093
Taxation and social security 17,035 59,880
Other creditors 1,321,676 1,031,527
2,747,355 1,866,500

Plastics and Veneers (Sales) Limited (Registered number: 00777229)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr P Riozzie.