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REGISTERED NUMBER: 06870850 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

PLASPRIME LIMITED

PLASPRIME LIMITED (REGISTERED NUMBER: 06870850)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


PLASPRIME LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mr K Lindow
Mrs J Lindow



REGISTERED OFFICE: 2 East Court
Birkrigg Park
Ulverston
United Kingdom
LA12 0UG



REGISTERED NUMBER: 06870850 (England and Wales)



BANKERS: HSBC Bank plc
104 Duke Street
Barrow in Furness
Cumbria
LA14 1LR

PLASPRIME LIMITED (REGISTERED NUMBER: 06870850)

ABRIDGED BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 87 6,227
87 6,227

CURRENT ASSETS
Debtors 84,945 75,526
Cash at bank 4,733 6,205
89,678 81,731
CREDITORS
Amounts falling due within one year 64,635 62,989
NET CURRENT ASSETS 25,043 18,742
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,130

24,969

CREDITORS
Amounts falling due after more than one
year

-

3,078
NET ASSETS 25,130 21,891

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 25,030 21,791
SHAREHOLDERS' FUNDS 25,130 21,891

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.

PLASPRIME LIMITED (REGISTERED NUMBER: 06870850)

ABRIDGED 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:




Mr K Lindow - Director



Mrs J Lindow - Director


PLASPRIME LIMITED (REGISTERED NUMBER: 06870850)

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

1. STATUTORY INFORMATION

Plasprime 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 invoiced sales of services, excluding VAT.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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 - 25% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023
and 30 April 2024 40,368
AMORTISATION
At 1 May 2023
and 30 April 2024 40,368
NET BOOK VALUE

At 30 April 2024 -
At 30 April 2023 -

PLASPRIME LIMITED (REGISTERED NUMBER: 06870850)

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

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023
and 30 April 2024 32,317
DEPRECIATION
At 1 May 2023 26,090
Charge for year 6,140
At 30 April 2024 32,230
NET BOOK VALUE
At 30 April 2024 87
At 30 April 2023 6,227

6. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.4.24 30.4.23
£    £   
Net obligations repayable:
Within one year - 4,659
Between one and five years - 3,078
- 7,737

7. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Hire purchase contracts - 7,737

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 Ordinary £1 100 100

PLASPRIME LIMITED (REGISTERED NUMBER: 06870850)

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

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
Mr K Lindow and Mrs J Lindow
Balance outstanding at start of year 68,398 56,570
Amounts advanced 75,596 68,398
Amounts repaid (68,398 ) (56,570 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 75,596 68,398

During the financial year the directors were charged £1,602 (2023:£1,237) interest on the loan which is unsecured and repayable on demand.