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REGISTERED NUMBER: 04696244 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

RESIN BONDED LIMITED

RESIN BONDED LIMITED (REGISTERED NUMBER: 04696244)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

RESIN BONDED LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: M G Roots
Ms S Dixon
M Hendry





REGISTERED OFFICE: Birdineye Farm
Birdineye Hill
Uckfield
East Sussex
TN22 5HA





REGISTERED NUMBER: 04696244 (England and Wales)





ACCOUNTANTS: Perspective Accounting Limited
Unit B2, Birdineye Farm
Birdineye Hill
Uckfield
East Sussex
TN22 5HA

RESIN BONDED LIMITED (REGISTERED NUMBER: 04696244)

Balance Sheet
31 MARCH 2025

31/3/25 31/3/24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78,038 50,413

CURRENT ASSETS
Stocks 221,328 80,238
Debtors 5 128,179 101,413
Prepayments and accrued income 6,965 7,844
Cash at bank and in hand 159,277 118,493
515,749 307,988
CREDITORS
Amounts falling due within one year 6 406,784 214,078
NET CURRENT ASSETS 108,965 93,910
TOTAL ASSETS LESS CURRENT
LIABILITIES

187,003

144,323

CREDITORS
Amounts falling due after more than one
year

7

(6,911

)

(15,261

)

PROVISIONS FOR LIABILITIES (16,549 ) (7,829 )
NET ASSETS 163,543 121,233

CAPITAL AND RESERVES
Called up share capital 120 120
Capital redemption reserve 8 30 30
Retained earnings 8 163,393 121,083
SHAREHOLDERS' FUNDS 163,543 121,233

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.

RESIN BONDED LIMITED (REGISTERED NUMBER: 04696244)

Balance Sheet - continued
31 MARCH 2025


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 12 June 2025 and were signed on its behalf by:




M G Roots - Director M Hendry - Director




Ms S Dixon - Director


RESIN BONDED LIMITED (REGISTERED NUMBER: 04696244)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Resin Bonded 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.

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.

Income is recognised at the time of the provision of the goods and services.

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 reducing balance and 20% on reducing balance

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 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.

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.

RESIN BONDED LIMITED (REGISTERED NUMBER: 04696244)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025


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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 120,900
Additions 63,329
Disposals (28,834 )
At 31 March 2025 155,395
DEPRECIATION
At 1 April 2024 70,487
Charge for year 22,266
Eliminated on disposal (15,396 )
At 31 March 2025 77,357
NET BOOK VALUE
At 31 March 2025 78,038
At 31 March 2024 50,413

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Trade debtors 105,639 98,758
Other debtors 22,540 2,655
128,179 101,413

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 302,734 150,366
Taxation and social security 52,703 34,245
Other creditors 41,347 19,467
406,784 214,078

RESIN BONDED LIMITED (REGISTERED NUMBER: 04696244)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/25 31/3/24
£    £   
Bank loans 6,911 15,261

8. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 April 2024 121,083 30 121,113
Profit for the year 162,310 162,310
Dividends (120,000 ) (120,000 )
At 31 March 2025 163,393 30 163,423

9. OTHER FINANCIAL COMMITMENTS

The company has total commitments under operating leases as follows:

Leases expiring under 5 years - £57,500 (in total)
Leases expiring between 5-6 years - £178,648 (in total).

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company had directors current accounts with Mr M Hendry and Mrs S Dixon, however the balances and transactions on these accounts were immaterial and remained below £1,000.

In addition to the above, Mr Roots received dividends from the company totalling £30,000 (2024 - £16,250) from the company during the year.

Both Mr Hendry and Ms Dixon received dividends from the company totalling £45,000 each (2024 - £24,375 each).

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Resin Bonded Limited


The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors 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 Resin Bonded Limited for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, 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 Board of Directors of Resin Bonded Limited, as a body, in accordance with the terms of our engagement letter dated 30 November 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Resin Bonded Limited and state those matters that we have agreed to state to the Board of Directors of Resin Bonded Limited, as a body, 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 Resin Bonded Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Resin Bonded 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 Resin Bonded Limited. You consider that Resin Bonded 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 Resin Bonded 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.






Perspective Accounting Limited
Unit B2, Birdineye Farm
Birdineye Hill
Uckfield
East Sussex
TN22 5HA


26 June 2025