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REGISTERED NUMBER: 01681062 (England and Wales)
























FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

BD TECHNICAL POLYMER LIMITED

BD TECHNICAL POLYMER LIMITED (REGISTERED NUMBER: 01681062)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BD TECHNICAL POLYMER LIMITED

COMPANY INFORMATION
For The Year Ended 30 September 2024







DIRECTORS: D J Shah
N D Shah





REGISTERED OFFICE: Unit 202B Cooks Road
Weldon North Industrial Estate
Corby
Northamptonshire
NN17 5JT





REGISTERED NUMBER: 01681062 (England and Wales)





AUDITORS: TC Group
1 Rushmills
Bedford Road
Northampton
Northamptonshire
NN4 7YB

BD TECHNICAL POLYMER LIMITED (REGISTERED NUMBER: 01681062)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 93,071 116,375

CURRENT ASSETS
Stocks 5 159,526 173,371
Debtors 6 171,050 108,541
Cash at bank 445,132 479,437
775,708 761,349
CREDITORS
Amounts falling due within one year 7 115,935 119,022
NET CURRENT ASSETS 659,773 642,327
TOTAL ASSETS LESS CURRENT LIABILITIES 752,844 758,702

PROVISIONS FOR LIABILITIES 10 100,017 29,094
NET ASSETS 652,827 729,608

CAPITAL AND RESERVES
Called up share capital 11 40,000 40,000
Capital redemption reserve 150,000 150,000
Retained earnings 462,827 539,608
SHAREHOLDERS' FUNDS 652,827 729,608

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 Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by:




D J Shah - Director



N D Shah - Director


BD TECHNICAL POLYMER LIMITED (REGISTERED NUMBER: 01681062)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024


1. STATUTORY INFORMATION

BD Technical Polymer 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 this standard.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

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 - 10% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Tangible fixed assets are initially recorded at cost and subsequently carried at cost less accumulated depreciation and accumulated impairment losses.

At each reporting date the company assesses whether there is any indication of impairment. If such
indication exists, the recoverable amount of the asset is determined which is the higher of its fair value
less costs to sell and its value in use.

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

BD TECHNICAL POLYMER LIMITED (REGISTERED NUMBER: 01681062)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Basic financial liabilities, including trade and other payables, and loans from fellow group companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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 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.

BD TECHNICAL POLYMER LIMITED (REGISTERED NUMBER: 01681062)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


2. ACCOUNTING POLICIES - continued

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.

Going concern
As at the point of authorising the accounts, and for the foreseeable future, the directors consider the
going concern assumption to still be appropriate. The directors acknowledge that given the rapidly
changing business and social environment, there are likely to be significant unknown factors which
may present themselves. Such factors are considered by the directors to represent a general
inherent level of risk in relation to the going concern assumption albeit not quantifiable at this time.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 October 2023 614,014 20,201 48,990 683,205
Additions - 993 - 993
Disposals (100,186 ) (1,250 ) - (101,436 )
At 30 September 2024 513,828 19,944 48,990 582,762
DEPRECIATION
At 1 October 2023 500,880 20,022 45,928 566,830
Charge for year 20,897 338 3,062 24,297
Eliminated on disposal (100,186 ) (1,250 ) - (101,436 )
At 30 September 2024 421,591 19,110 48,990 489,691
NET BOOK VALUE
At 30 September 2024 92,237 834 - 93,071
At 30 September 2023 113,134 179 3,062 116,375

5. STOCKS
2024 2023
£    £   
Stocks 159,526 173,371

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 165,584 103,315
Prepayments 5,466 5,226
171,050 108,541

BD TECHNICAL POLYMER LIMITED (REGISTERED NUMBER: 01681062)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 50,410 41,589
Corporation tax 17,053 30,784
Social security and other taxes 10,259 12,277
VAT 31,213 25,052
Accrued expenses 7,000 9,320
115,935 119,022

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 58,359 58,359
Between one and five years 179,940 233,436
In more than five years - 4,863
238,299 296,658

9. SECURED DEBTS

HSBC Bank PLC hold a fixed and floating charge over the assets within the company.

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 23,733 29,094
Other provisions 76,284 -
100,017 29,094

Deferred
tax
£   
Balance at 1 October 2023 29,094
Credit to Income Statement during year (5,361 )
Balance at 30 September 2024 23,733

The other provision consists of committed costs in relation to property repairs.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
40,000 Ordinary 1 40,000 40,000

BD TECHNICAL POLYMER LIMITED (REGISTERED NUMBER: 01681062)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


12. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Rebecca Pickard (FCCA) (Senior Statutory Auditor)
for and on behalf of TC Group

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Samat Holdings Ltd which is a company registered in Jersey. The directors are the beneficial owners.