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REGISTERED NUMBER: 09497637 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Pressure Sensitive Adhesive Solutions
Limited

Pressure Sensitive Adhesive Solutions
Limited (Registered number: 09497637)






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


Pressure Sensitive Adhesive Solutions
Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: I M Pallatt
M S Henfrey





REGISTERED OFFICE: Unit 3 Amos Lodge
Ashby Road
Ullesthorpe
Lutterworth
Leicestershire
LE17 5DN





REGISTERED NUMBER: 09497637 (England and Wales)





ACCOUNTANTS: MulliganWilliams
Unit 7, Salisbury House
Wheatfield Way
Hinckley
LEICESTER
LE10 1YG

Pressure Sensitive Adhesive Solutions
Limited (Registered number: 09497637)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 7,500 -
Tangible assets 5 22,025 5,308
29,525 5,308

CURRENT ASSETS
Stocks 210,000 223,000
Debtors 6 325,511 236,531
Cash at bank and in hand 243,358 279,379
778,869 738,910
CREDITORS
Amounts falling due within one year 7 349,716 359,094
NET CURRENT ASSETS 429,153 379,816
TOTAL ASSETS LESS CURRENT
LIABILITIES

458,678

385,124

CREDITORS
Amounts falling due after more than one
year

8

(5,000

)

(15,000

)

PROVISIONS FOR LIABILITIES (6,878 ) -
NET ASSETS 446,800 370,124

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 446,700 370,024
SHAREHOLDERS' FUNDS 446,800 370,124

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.

Pressure Sensitive Adhesive Solutions
Limited (Registered number: 09497637)

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 30 June 2025 and were signed on its behalf by:





I M Pallatt - Director


Pressure Sensitive Adhesive Solutions
Limited (Registered number: 09497637)

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

1. STATUTORY INFORMATION

Pressure Sensitive Adhesive Solutions 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Pressure Sensitive Adhesive Solutions
Limited (Registered number: 09497637)

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 6 (2024 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 10,000
At 31 March 2025 10,000
AMORTISATION
Charge for year 2,500
At 31 March 2025 2,500
NET BOOK VALUE
At 31 March 2025 7,500

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 11,436 971 17,683 30,090
Additions 19,002 - - 19,002
At 31 March 2025 30,438 971 17,683 49,092
DEPRECIATION
At 1 April 2024 7,476 901 16,405 24,782
Charge for year 990 17 1,278 2,285
At 31 March 2025 8,466 918 17,683 27,067
NET BOOK VALUE
At 31 March 2025 21,972 53 - 22,025
At 31 March 2024 3,960 70 1,278 5,308

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 325,511 236,531

Pressure Sensitive Adhesive Solutions
Limited (Registered number: 09497637)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 10,000 14,950
Trade creditors 214,244 263,652
Taxation and social security 121,560 77,974
Other creditors 3,912 2,518
349,716 359,094

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 5,000 15,000

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr & Mrs I Pallatt by virtue of their joint shareholding.