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Company Registration No. 06702200 (England and Wales)
PLASTECH WEATHERSEALS LIMITED Unaudited accounts for the year ended 31 October 2024
PLASTECH WEATHERSEALS LIMITED Unaudited accounts Contents
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PLASTECH WEATHERSEALS LIMITED Company Information for the year ended 31 October 2024
Directors
Mr RG Whelan Mr GR Whelan
Secretary
Mrs B Whelan
Company Number
06702200 (England and Wales)
Registered Office
Black Horse Road Longford Coventry CV6 6DG
Accountants
FITZPATRICK OWEN ASSOCIATES LTD 41 Stanley Road Rugby Warwickshire CV21 3UE
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PLASTECH WEATHERSEALS LIMITED Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
32,163 
46,993 
Tangible assets
373,132 
398,491 
405,295 
445,484 
Current assets
Inventories
131,000 
136,000 
Debtors
356,386 
350,542 
Cash at bank and in hand
125,035 
168,527 
612,421 
655,069 
Creditors: amounts falling due within one year
(519,326)
(493,784)
Net current assets
93,095 
161,285 
Total assets less current liabilities
498,390 
606,769 
Creditors: amounts falling due after more than one year
(106,019)
(208,794)
Net assets
392,371 
397,975 
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
382,371 
387,975 
Shareholders' funds
392,371 
397,975 
For the year ending 31 October 2024 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 2 April 2025 and were signed on its behalf by
Mr RG Whelan Director Company Registration No. 06702200
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PLASTECH WEATHERSEALS LIMITED Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
PLASTECH WEATHERSEALS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06702200. The registered office is Black Horse Road, Longford, Coventry, CV6 6DG .
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance
Motor vehicles
25% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 November 2023
5,000 
71,653 
76,653 
At 31 October 2024
5,000 
71,653 
76,653 
Amortisation
At 1 November 2023
1,000 
28,660 
29,660 
Charge for the year
500 
14,330 
14,830 
At 31 October 2024
1,500 
42,990 
44,490 
Net book value
At 31 October 2024
3,500 
28,663 
32,163 
At 31 October 2023
4,000 
42,993 
46,993 
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PLASTECH WEATHERSEALS LIMITED Notes to the Accounts for the year ended 31 October 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
809,748 
20,890 
830,638 
Additions
14,575 
- 
14,575 
At 31 October 2024
824,323 
20,890 
845,213 
Depreciation
At 1 November 2023
411,257 
20,890 
432,147 
Charge for the year
39,934 
- 
39,934 
At 31 October 2024
451,191 
20,890 
472,081 
Net book value
At 31 October 2024
373,132 
- 
373,132 
At 31 October 2023
398,491 
- 
398,491 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
312,877 
303,457 
Amounts due from group undertakings etc.
30,297 
29,895 
Accrued income and prepayments
13,212 
17,190 
356,386 
350,542 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
325,351 
319,437 
VAT
40,713 
45,620 
Obligations under finance leases and hire purchase contracts
7,363 
9,753 
Trade creditors
116,641 
87,019 
Taxes and social security
13,954 
16,742 
Other creditors
1,687 
5,301 
Accruals
13,617 
9,912 
519,326 
493,784 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,997 
86,682 
Obligations under finance leases and hire purchase contracts
3,068 
10,430 
Loans from directors
90,954 
111,682 
106,019 
208,794 
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PLASTECH WEATHERSEALS LIMITED Notes to the Accounts for the year ended 31 October 2024
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000 
10,000 
10
Average number of employees
During the year the average number of employees was 10 (2023: 11).
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