Company Registration No. 08821335 (England and Wales)
EF PLASTICS UK LIMITED
Unaudited accounts
for the year ended 31 December 2024
EF PLASTICS UK LIMITED
Unaudited accounts
Contents
EF PLASTICS UK LIMITED
Company Information
for the year ended 31 December 2024
Company Number
08821335 (England and Wales)
Registered Office
BUNTINGS LANE
METHWOLD
THETFORD
IP26 4PR
ENGLAND
Accountants
Worthwhile Accountancy
Farthingworth
4 Lynford Road
Mundford
Norfolk
IP26 5HN
EF PLASTICS UK LIMITED
Statement of financial position
as at 31 December 2024
Tangible assets
1,022,984
1,049,791
Inventories
497,359
575,445
Cash at bank and in hand
206,026
132,515
Creditors: amounts falling due within one year
(559,772)
(531,518)
Net current assets
331,575
414,772
Total assets less current liabilities
1,354,559
1,464,563
Creditors: amounts falling due after more than one year
(104,358)
(125,579)
Net assets
1,250,201
1,338,984
Called up share capital
1
1
Profit and loss account
1,250,200
1,338,983
Shareholders' funds
1,250,201
1,338,984
For the year ending 31 December 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 18 July 2025 and were signed on its behalf by
Mr LI Haibo
Director
Company Registration No. 08821335
EF PLASTICS UK LIMITED
Notes to the Accounts
for the year ended 31 December 2024
EF PLASTICS UK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08821335. The registered office is BUNTINGS LANE, METHWOLD, THETFORD, IP26 4PR, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Motor vehicles
20% straight - line
Fixtures & fittings
20% straight - line
Computer equipment
33% straight - line
4
Tangible fixed assets
Total
At 1 January 2024
1,318,229
At 31 December 2024
1,297,218
Charge for the year
77,931
At 31 December 2024
274,234
At 31 December 2024
1,022,984
At 31 December 2023
1,049,791
5
Average number of employees
During the year the average number of employees was 18 (2023: 18).