IRIS Accounts Production v25.1.3.33 06209941 director 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh062099412024-03-31062099412025-03-31062099412024-04-012025-03-31062099412023-03-31062099412023-04-012024-03-31062099412024-03-3106209941ns15:EnglandWales2024-04-012025-03-3106209941ns14:PoundSterling2024-04-012025-03-3106209941ns10:Director12024-04-012025-03-3106209941ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3106209941ns10:SmallEntities2024-04-012025-03-3106209941ns10:AuditExemptWithAccountantsReport2024-04-012025-03-3106209941ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3106209941ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3106209941ns10:FullAccounts2024-04-012025-03-3106209941ns10:CompanySecretary12024-04-012025-03-3106209941ns10:RegisteredOffice2024-04-012025-03-3106209941ns5:CurrentFinancialInstruments2025-03-3106209941ns5:CurrentFinancialInstruments2024-03-3106209941ns5:ShareCapital2025-03-3106209941ns5:ShareCapital2024-03-3106209941ns5:RetainedEarningsAccumulatedLosses2025-03-3106209941ns5:RetainedEarningsAccumulatedLosses2024-03-3106209941ns5:PlantMachinery2024-03-3106209941ns5:MotorVehicles2024-03-3106209941ns5:ComputerEquipment2024-03-3106209941ns5:PlantMachinery2024-04-012025-03-3106209941ns5:MotorVehicles2024-04-012025-03-3106209941ns5:ComputerEquipment2024-04-012025-03-3106209941ns5:PlantMachinery2025-03-3106209941ns5:MotorVehicles2025-03-3106209941ns5:ComputerEquipment2025-03-3106209941ns5:PlantMachinery2024-03-3106209941ns5:MotorVehicles2024-03-3106209941ns5:ComputerEquipment2024-03-3106209941ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3106209941ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31
REGISTERED NUMBER: 06209941 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2025

for

G&W Plastics Limited

G&W Plastics Limited (Registered number: 06209941)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

G&W Plastics Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: G Trebilcock





SECRETARY: Mrs R Trebilcock





REGISTERED OFFICE: The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS





REGISTERED NUMBER: 06209941 (England and Wales)





ACCOUNTANTS: GREGORY WILDMAN
The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS

G&W Plastics Limited (Registered number: 06209941)

Statement of Financial Position
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 56,683 75,438

CURRENT ASSETS
Debtors 5 607 4,030
Cash at bank 415 2,896
1,022 6,926
CREDITORS
Amounts falling due within one year 6 45,154 78,887
NET CURRENT LIABILITIES (44,132 ) (71,961 )
TOTAL ASSETS LESS CURRENT LIABILITIES 12,551 3,477

PROVISIONS FOR LIABILITIES 5,038 3,246
NET ASSETS 7,513 231

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7,413 131
SHAREHOLDERS' FUNDS 7,513 231

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 May 2025 and were signed by:





G Trebilcock - Director


G&W Plastics Limited (Registered number: 06209941)

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

1. STATUTORY INFORMATION

G&W Plastics 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.

There were no material departures from that standard.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue from the fitting of facias and sofits is recognised at the point the fitting takes place.

Tangible fixed assets
Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives as follows.

Plant and machinery - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to profit and loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

G&W Plastics Limited (Registered number: 06209941)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024
and 31 March 2025 2,327 109,953 339 112,619
DEPRECIATION
At 1 April 2024 1,280 35,562 339 37,181
Charge for year 157 18,598 - 18,755
At 31 March 2025 1,437 54,160 339 55,936
NET BOOK VALUE
At 31 March 2025 890 55,793 - 56,683
At 31 March 2024 1,047 74,391 - 75,438

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Social security & other taxes 607 1,557
Tax - 2,473
607 4,030

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Directors' current accounts 42,875 76,634
Accrued expenses 2,279 2,253
45,154 78,887

7. RELATED PARTY DISCLOSURES

The amount outstanding at the year-end due to Mr G Trebilcock was £42,875 (2024 - £76,634).

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
G&W Plastics Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of G&W Plastics Limited for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of G&W Plastics Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of G&W Plastics Limited and state those matters that we have agreed to state to the director of G&W Plastics Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than G&W Plastics Limited and its director for our work or for this report.

It is your duty to ensure that G&W Plastics Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of G&W Plastics Limited. You consider that G&W Plastics Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of G&W Plastics Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






GREGORY WILDMAN
The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS


31 May 2025