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REGISTERED NUMBER: 07252218 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

KETO PLASTICS LTD

KETO PLASTICS LTD (Registered number: 07252218)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Report of the Directors 2

Statement of Income and Retained Earnings 3

Balance Sheet 4

Notes to the Financial Statements 5


KETO PLASTICS LTD

Company Information
for the Year Ended 31 March 2025







DIRECTORS: MRS T A THOMAS
K A THOMAS
MRS J M FITZPATRICK





SECRETARY: MERLIN BUSINESS SERVICES UK LTD





REGISTERED OFFICE: STAFFORDSHIRE KNOT
PINFOLD STREET
WEDNESBURY
WS10 8TE





REGISTERED NUMBER: 07252218 (England and Wales)






KETO PLASTICS LTD (Registered number: 07252218)

Report of the Directors
for the Year Ended 31 March 2025

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

MRS T A THOMAS
K A THOMAS
MRS J M FITZPATRICK

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





MRS T A THOMAS - Director


1 May 2025

KETO PLASTICS LTD (Registered number: 07252218)

Statement of Income and Retained Earnings
for the Year Ended 31 March 2025

31/3/25 31/3/24
Notes £    £    £   

TURNOVER 2,111,821 2,219,442

Cost of sales 1,058,667 1,194,569
GROSS PROFIT 1,053,154 1,024,873

Distribution costs 942,012 933,184
Administrative expenses 46,793 46,050
988,805 979,234
OPERATING PROFIT 64,349 45,639


Interest payable and similar expenses - 367
PROFIT BEFORE TAXATION 64,349 45,272

Tax on profit 5,333 5,679
PROFIT FOR THE FINANCIAL YEAR 59,016 39,593

Retained earnings at beginning of year 342,833 303,240

Dividends 4 (25,000 ) -

RETAINED EARNINGS AT END OF YEAR 376,849 342,833

KETO PLASTICS LTD (Registered number: 07252218)

Balance Sheet
31 March 2025

31/3/25 31/3/24
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 52,005 52,005

CURRENT ASSETS
Stocks 6 92,000 91,114
Debtors 7 - 7,167
Cash at bank and in hand 108,035 76,836
200,035 175,117
CREDITORS
Amounts falling due within one year 8 22,737 24,286
NET CURRENT ASSETS 177,298 150,831
TOTAL ASSETS LESS CURRENT LIABILITIES 229,303 202,836

CREDITORS
Amounts falling due after more than one year 9 2,451 -
NET ASSETS 226,852 202,836

CAPITAL AND RESERVES
Called up share capital 3 3
Share premium (150,000 ) (140,000 )
Retained earnings 376,849 342,833
SHAREHOLDERS' FUNDS 226,852 202,836

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by:




MRS T A THOMAS - Director


KETO PLASTICS LTD (Registered number: 07252218)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

KETO PLASTICS LTD 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 9 ) .

KETO PLASTICS LTD (Registered number: 07252218)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. DIVIDENDS
31/3/25 31/3/24
£    £   
ORDINARY shares of 1.00 each
Final 25,000 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 75,833 20,872 96,705
DEPRECIATION
At 1 April 2024
and 31 March 2025 30,000 14,700 44,700
NET BOOK VALUE
At 31 March 2025 45,833 6,172 52,005
At 31 March 2024 45,833 6,172 52,005

6. STOCKS
31/3/25 31/3/24
£    £   
Stocks 92,000 91,114

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Directors' current accounts - 1,372
VAT - 5,795
- 7,167

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Trade creditors 10,709 10,709
Tax 5,333 5,679
VAT 2,665 -
Directors' current accounts 316 4,458
Accrued expenses 3,714 3,440
22,737 24,286

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/3/25 31/3/24
£    £   
Other loans - 1-2 years 2,451 -