Company Registration No. 10716134 (England and Wales)
POLYMER RECOVERY UK LTD
Unaudited accounts
for the year ended 30 April 2024
POLYMER RECOVERY UK LTD
Unaudited accounts
Contents
POLYMER RECOVERY UK LTD
Company Information
for the year ended 30 April 2024
Directors
Muhammad Muteem AFZAL
Mohammad Danish SOHAIL
Company Number
10716134 (England and Wales)
Registered Office
4 GEDLING STREET
NOTTINGHAM
NG1 1DS
ENGLAND
Accountants
Cramar Ltd
Suite 8, Stapleford Business Hub
1 Toton Lane
Stapleford
Nottingham
NG9 7JQ
POLYMER RECOVERY UK LTD
Statement of financial position
as at 30 April 2024
Tangible assets
2,061
1,701
Cash at bank and in hand
1,089
5,136
Creditors: amounts falling due within one year
(6,306)
(32,966)
Net current assets
14,263
11,445
Total assets less current liabilities
16,324
13,146
Creditors: amounts falling due after more than one year
(3,880)
-
Called up share capital
1
1
Profit and loss account
12,443
13,145
Shareholders' funds
12,444
13,146
For the year ending 30 April 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 29 January 2025 and were signed on its behalf by
Mohammad Danish SOHAIL
Director
Company Registration No. 10716134
POLYMER RECOVERY UK LTD
Notes to the Accounts
for the year ended 30 April 2024
POLYMER RECOVERY UK LTD is a private company, limited by shares, registered in England and Wales, registration number 10716134. The registered office is 4 GEDLING STREET, NOTTINGHAM, NG1 1DS, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
1,436
941
2,377
At 30 April 2024
1,436
1,301
2,737
At 30 April 2024
287
389
676
At 30 April 2024
1,149
912
2,061
At 30 April 2023
1,149
552
1,701
Amounts falling due within one year
Trade debtors
16,230
34,075
POLYMER RECOVERY UK LTD
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,706
3,340
Taxes and social security
3
460
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).