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REGISTERED NUMBER: SC235745 (Scotland)








































Roger Platfoot Polythene Limited

Unaudited Financial Statements

for the Year Ended 31st August 2024






Roger Platfoot Polythene Limited (Registered number: SC235745)






Contents of the Financial Statements
for the year ended 31st August 2024




Page

Company information 1

Balance sheet 2 to 3

Notes to the financial statements 4 to 6


Roger Platfoot Polythene Limited

Company Information
for the year ended 31st August 2024







Directors: R Platfoot
Ms B King





Secretary: Ms B King





Registered office: West End House
High Street
Melrose
Roxburghshire
TD6 9RU





Business address: 13B Main Street
Heiton
Kelso
Roxburghshire
TD5 8JR





Registered number: SC235745 (Scotland)





Accountants: Rennie Welch LLP
Academy House
Shedden Park Road
Kelso
Roxburghshire
TD5 7AL

Roger Platfoot Polythene Limited (Registered number: SC235745)

Balance Sheet
31st August 2024

2024 2023
Notes £    £    £   
Fixed assets
Tangible assets 4 251 501

Current assets
Debtors 5 11,944 20,983
Investments 6 2,000 2,000
Cash at bank 28,177 21,516
42,121 44,499
Creditors
Amounts falling due within one year 7 17,075 22,493
Net current assets 25,046 22,006
Total assets less current liabilities 25,297 22,507

Capital and reserves
Called up share capital 1,100 1,100
Retained earnings 24,197 21,407
Shareholders' funds 25,297 22,507

Roger Platfoot Polythene Limited (Registered number: SC235745)

Balance Sheet - continued
31st August 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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.

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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th May 2025 and were signed on its behalf by:





R Platfoot - Director


Roger Platfoot Polythene Limited (Registered number: SC235745)

Notes to the Financial Statements
for the year ended 31st August 2024

1. Statutory information

Roger Platfoot Polythene Limited is a private company, limited by shares , registered in Scotland. 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 the total invoice value, excluding value added tax, of sales made during the year or the fair value of services provided for amounts not invoiced at the year end.

Turnover arising from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on cost and 25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, accruals,other loans and directors' loans.

Directors' loans (being repayable on demand), trade debtors, trade creditors, accruals and other loans are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Investments
Current asset investments are stated at cost less provision for diminution in value.

Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Employee benefits
Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

Going concern
The directors have considered the company's financial position for a minimum of 12 months and beyond from the date of signing these financial statements and have an expectation that the company should be in a position to continue trading in the current format for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.

Roger Platfoot Polythene Limited (Registered number: SC235745)

Notes to the Financial Statements - continued
for the year ended 31st August 2024

3. Employees and directors

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

4. Tangible fixed assets
Fixtures
and
fittings
£   
Cost
At 1st September 2023
and 31st August 2024 6,672
Depreciation
At 1st September 2023 6,171
Charge for year 250
At 31st August 2024 6,421
Net book value
At 31st August 2024 251
At 31st August 2023 501

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 10,156 20,368
Other debtors 1,788 615
11,944 20,983

6. Current asset investments
2024 2023
£    £   
Current asset investment 2,000 2,000

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 9,145 14,521
Taxation and social security 5,119 6,094
Other creditors 2,811 1,878
17,075 22,493

Roger Platfoot Polythene Limited (Registered number: SC235745)

Notes to the Financial Statements - continued
for the year ended 31st August 2024

8. Directors' advances, credits and guarantees

Included within other debtors are the following loans to directors:

at 1 SepAmountAmountat 31 Aug
2023AdvancedRepaid2024

Director 1(64)7,1776,824(289)
Director 26157002,312997
Total5517,8779,136708

This loan is unsecured, no interest has been charged at the rates published by HMRC and is repayable on demand.

9. Post balance sheet events

On 15th May 2025, an interim dividend of £0.30 per share was declared on all Ordinary A Shares.