1 April 2024 false No description of principal activity Taxfiler 2024.6 00372302business:PrivateLimitedCompanyLtd2024-04-012025-03-31 003723022024-03-31 003723022024-04-012025-03-31 00372302business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 00372302business:FilletedAccounts2024-04-012025-03-31 003723022025-03-31 00372302business:Director12024-04-012025-03-31 00372302business:RegisteredOffice2024-04-012025-03-31 003723022024-03-31 00372302core:WithinOneYear2025-03-31 00372302core:WithinOneYear2024-03-31 00372302core:AfterOneYear2025-03-31 00372302core:AfterOneYear2024-03-31 00372302core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 00372302core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 00372302core:RevaluationReservecore:PreviouslyStatedAmount2025-03-31 00372302core:RevaluationReservecore:PreviouslyStatedAmount2024-03-31 00372302core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2025-03-31 00372302core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2024-03-31 00372302core:CapitalContributionReservecore:PreviouslyStatedAmount2025-03-31 00372302core:CapitalContributionReservecore:PreviouslyStatedAmount2024-03-31 00372302core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 00372302core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 00372302core:PreviouslyStatedAmount2025-03-31 00372302core:PreviouslyStatedAmount2024-03-31 00372302business:SmallEntities2024-04-012025-03-31 00372302countries:EnglandWales2024-04-012025-03-31 00372302core:LandBuildings2024-04-012025-03-31 00372302core:PlantMachinery2024-04-012025-03-31 00372302core:FurnitureFittings2024-04-012025-03-31 00372302core:LandBuildings2024-03-31 00372302core:PlantMachinery2024-03-31 00372302core:FurnitureFittings2024-03-31 00372302core:LandBuildings2025-03-31 00372302core:PlantMachinery2025-03-31 00372302core:FurnitureFittings2025-03-31 003723022023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 00372302 (England and Wales)
Norton Plastics limited Unaudited accounts for the year ended 31 March 2025
Norton Plastics limited Unaudited accounts Contents
Page
- 2 -
Norton Plastics limited Company Information for the year ended 31 March 2025
Directors
Stephen Moore
Company Number
00372302 (England and Wales)
Registered Office
Unit 2 Belfield Street Ilkeston Derbyshire DE7 8DU United Kingdom
- 3 -
Norton Plastics limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
576,187 
525,054 
Current assets
Inventories
127,700 
160,989 
Debtors
172,530 
238,706 
Cash at bank and in hand
149,338 
123,775 
449,568 
523,470 
Creditors: amounts falling due within one year
(212,883)
(305,441)
Net current assets
236,685 
218,029 
Total assets less current liabilities
812,872 
743,083 
Creditors: amounts falling due after more than one year
(141,403)
(150,563)
Provisions for liabilities
Deferred tax
(28,076)
(16,081)
Net assets
643,393 
576,439 
Capital and reserves
Called up share capital
4,000 
4,000 
Revaluation reserve
49,439 
49,439 
Fair value reserve
85,558 
85,558 
Capital contribution reserve
4,000 
4,000 
Profit and loss account
500,396 
433,442 
Shareholders' funds
643,393 
576,439 
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by
Stephen Moore Director Company Registration No. 00372302
- 4 -
Norton Plastics limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Norton Plastics limited is a private company, limited by shares, registered in England and Wales, registration number 00372302. The registered office is Unit 2, Belfield Street, Ilkeston, Derbyshire, DE7 8DU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% straight line
Plant & machinery
10% straight line
Fixtures & fittings
10% straight line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
600,000 
692,897 
6,145 
1,299,042 
Additions
- 
97,381 
- 
97,381 
Disposals
- 
(33,571)
- 
(33,571)
At 31 March 2025
600,000 
756,707 
6,145 
1,362,852 
Depreciation
At 1 April 2024
159,583 
608,709 
5,696 
773,988 
Charge for the year
12,000 
30,373 
165 
42,538 
On disposals
- 
(29,861)
- 
(29,861)
At 31 March 2025
171,583 
609,221 
5,861 
786,665 
Net book value
At 31 March 2025
428,417 
147,486 
284 
576,187 
At 31 March 2024
440,417 
84,188 
449 
525,054 
- 5 -
Norton Plastics limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
5,561 
11,362 
Trade debtors
149,879 
209,489 
Accrued income and prepayments
16,920 
17,855 
Other debtors
170 
- 
172,530 
238,706 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
35,595 
22,554 
Obligations under finance leases and hire purchase contracts
18,531 
8,427 
Trade creditors
84,085 
180,632 
Taxes and social security
52,216 
72,793 
Other creditors
129 
168 
Accruals
22,327 
20,867 
212,883 
305,441 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
139,494 
144,552 
Obligations under finance leases and hire purchase contracts
1,909 
6,011 
141,403 
150,563 
8
Average number of employees
During the year the average number of employees was 12 (2024: 12).
- 6 -