Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 01341128 Mr Simon Barrow iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01341128 2023-12-31 01341128 2024-12-31 01341128 2024-01-01 2024-12-31 01341128 frs-core:CurrentFinancialInstruments 2024-12-31 01341128 frs-core:Non-currentFinancialInstruments 2024-12-31 01341128 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 01341128 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01341128 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 01341128 frs-core:PlantMachinery 2024-12-31 01341128 frs-core:PlantMachinery 2024-01-01 2024-12-31 01341128 frs-core:PlantMachinery 2023-12-31 01341128 frs-core:SharePremium 2024-12-31 01341128 frs-core:ShareCapital 2024-12-31 01341128 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 01341128 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01341128 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 01341128 frs-bus:SmallEntities 2024-01-01 2024-12-31 01341128 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01341128 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01341128 frs-bus:Director1 2024-01-01 2024-12-31 01341128 frs-countries:EnglandWales 2024-01-01 2024-12-31 01341128 2022-12-31 01341128 2023-12-31 01341128 2023-01-01 2023-12-31 01341128 frs-core:CurrentFinancialInstruments 2023-12-31 01341128 frs-core:Non-currentFinancialInstruments 2023-12-31 01341128 frs-core:SharePremium 2023-12-31 01341128 frs-core:ShareCapital 2023-12-31 01341128 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 01341128
Plastube Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01341128
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 117,947 133,138
117,947 133,138
CURRENT ASSETS
Stocks 5 63,543 82,488
Debtors 6 64,836 73,623
Cash at bank and in hand 48,714 25,464
177,093 181,575
Creditors: Amounts Falling Due Within One Year 7 (81,544 ) (90,762 )
NET CURRENT ASSETS (LIABILITIES) 95,549 90,813
TOTAL ASSETS LESS CURRENT LIABILITIES 213,496 223,951
Creditors: Amounts Falling Due After More Than One Year 8 (6,974 ) (7,274 )
NET ASSETS 206,522 216,677
CAPITAL AND RESERVES
Called up share capital 9 100 100
Share premium account 100 100
Profit and Loss Account 206,322 216,477
SHAREHOLDERS' FUNDS 206,522 216,677
Page 1
Page 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 7 April 2025 and were signed on its behalf by:
Mr Simon Barrow
Director
07/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Plastube Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01341128 . The registered office is The Old Foundry, Leech Street, Stalybridge, SK15 1SD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% Straight Line
Plant & Machinery 15% Reducing
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 9)
9 9
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 January 2024 120,363 759,106 879,469
As at 31 December 2024 120,363 759,106 879,469
Depreciation
As at 1 January 2024 72,448 673,883 746,331
Provided during the period 2,408 12,783 15,191
As at 31 December 2024 74,856 686,666 761,522
Net Book Value
As at 31 December 2024 45,507 72,440 117,947
As at 1 January 2024 47,915 85,223 133,138
5. Stocks
2024 2023
£ £
Stock 63,543 82,488
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 36,925 44,736
Prepayments and accrued income 27,911 28,887
64,836 73,623
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 27,346 31,458
Other taxes and social security 7,855 7,735
Other creditors 20,067 20,399
Government grants within one year 300 300
Director's loan account 25,976 30,870
81,544 90,762
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Government grants after one year 6,974 7,274
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4