1 January 2024 false No description of principal activity Taxfiler 2024.6 08821335business:PrivateLimitedCompanyLtd2024-01-012024-12-31 088213352023-12-31 088213352024-01-012024-12-31 08821335business:AuditExemptWithAccountantsReport2024-01-012024-12-31 08821335business:AbridgedAccounts2024-01-012024-12-31 088213352024-12-31 08821335business:Director12024-01-012024-12-31 08821335business:CompanySecretary12024-01-012024-12-31 08821335business:RegisteredOffice2024-01-012024-12-31 088213352023-12-31 08821335core:WithinOneYear2024-12-31 08821335core:WithinOneYear2023-12-31 08821335core:AfterOneYear2024-12-31 08821335core:AfterOneYear2023-12-31 08821335core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 08821335core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 08821335core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 08821335core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 08821335core:PreviouslyStatedAmount2024-12-31 08821335core:PreviouslyStatedAmount2023-12-31 08821335business:SmallEntities2024-01-012024-12-31 08821335countries:EnglandWales2024-01-012024-12-31 08821335core:LandBuildings2024-01-012024-12-31 08821335core:PlantMachinery2024-01-012024-12-31 08821335core:MotorVehicles2024-01-012024-12-31 08821335core:FurnitureFittings2024-01-012024-12-31 08821335core:ComputerEquipment2024-01-012024-12-31 088213352023-01-012023-12-31 iso4217:GBP xbrli:pure
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
Page
- 2 -
EF PLASTICS UK LIMITED Company Information for the year ended 31 December 2024
Director
Mr LI Haibo
Secretary
Mr LI Haibo
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
- 3 -
EF PLASTICS UK LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,022,984 
1,049,791 
Current assets
Inventories
497,359 
575,445 
Debtors
187,962 
238,330 
Cash at bank and in hand
206,026 
132,515 
891,347 
946,290 
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 
Capital and reserves
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
- 4 -
EF PLASTICS UK LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
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.
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
Motor vehicles
20% straight - line
Fixtures & fittings
20% straight - line
Computer equipment
33% straight - line
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
1,318,229 
Additions
59,139 
Disposals
(80,150)
At 31 December 2024
1,297,218 
Depreciation
At 1 January 2024
268,438 
Charge for the year
77,931 
On disposals
(72,135)
At 31 December 2024
274,234 
Net book value
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).
- 5 -