HI-TECH PLASTICS LIMITED

Company Registration Number:
04541334 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2025

Period of accounts

Start date: 01 February 2024

End date: 31 January 2025

HI-TECH PLASTICS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Notes

HI-TECH PLASTICS LIMITED

Balance sheet

As at 31 January 2025


Notes

2025

2024


£

£
Fixed assets
Tangible assets: 3 536,598 609,099
Total fixed assets: 536,598 609,099
Current assets
Stocks: 195,229 207,981
Debtors: 4 799,160 830,181
Cash at bank and in hand: 403,296 146
Total current assets: 1,397,685 1,038,308
Creditors: amounts falling due within one year: 5 (831,370) (789,215)
Net current assets (liabilities): 566,315 249,093
Total assets less current liabilities: 1,102,913 858,192
Creditors: amounts falling due after more than one year: 6 (4,682) (53,509)
Total net assets (liabilities): 1,098,231 804,683
Capital and reserves
Called up share capital: 10,000 10,000
Share premium account: 2,203 2,203
Profit and loss account: 1,086,028 792,480
Shareholders funds: 1,098,231 804,683

The notes form part of these financial statements

HI-TECH PLASTICS LIMITED

Balance sheet statements

For the year ending 31 January 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 May 2025
and signed on behalf of the board by:

Name: DENNIS LANG
Status: Director

The notes form part of these financial statements

HI-TECH PLASTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HI-TECH PLASTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

2. Employees

2025 2024
Average number of employees during the period 31 32

HI-TECH PLASTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible Assets

Total
Cost £
At 01 February 2024 2,287,622
Additions 29,014
At 31 January 2025 2,316,636
Depreciation
At 01 February 2024 1,678,523
Charge for year 101,515
At 31 January 2025 1,780,038
Net book value
At 31 January 2025 536,598
At 31 January 2024 609,099

HI-TECH PLASTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 799,160 830,181

HI-TECH PLASTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Creditors: amounts falling due within one year note

Hire purchase £50671 Trade creditors £534443 Corporation tax £149987 Other taxes and social security £62559 Other creditors £33710

HI-TECH PLASTICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

6. Creditors: amounts falling due after more than one year note

Hire purchase £4682