REGISTERED NUMBER: 08183046 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

STH PLASTICS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

Mr S T Hill

Mrs P J Hill

Mr D Griffiths

Mr A Kay

Registered office:

Upperbrook Farm

Atlow Lane

Atlow

Ashbourne

Derbyshire

DE6 1NS

Registered number:

08183046 (England and Wales)

Accountants:

TC Group

10 Stadium Business Court

Millennium Way

Pride Park

Derby

Derbyshire

DE24 8HP

Fixed assets

Tangible assets

4

146,591

74,569

Investments

5

6,595,373

6,595,373

6,741,964

6,669,942

Current assets

Debtors

6

350

13,171

Creditors

Amounts falling due within one year

7

(366,171

)

(361,930

)

Net current liabilities

(365,821

)

(348,759

)

Total assets less current liabilities

6,376,143

6,321,183

Creditors

Amounts falling due after more than one year

8

(6,001,875

)

(6,311,219

)

Net assets

374,268

9,964

Capital and reserves

Called up share capital

10

133

133

Retained earnings

374,135

9,831

Shareholders' funds

374,268

9,964

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by:

Mr S T Hill - Director

1.	STATUTORY INFORMATION

STH Plastics 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.

Preparation of consolidated financial statements

In the opinion of the director, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

Equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

Equipment

Totals

£

£

£

Cost

At 1 May 2024

74,312

3,173

77,485

Additions

109,990

-

109,990

At 30 April 2025

184,302

3,173

187,475

Depreciation

At 1 May 2024

2,652

264

2,916

Charge for year

36,910

1,058

37,968

At 30 April 2025

39,562

1,322

40,884

Net book value

At 30 April 2025

144,740

1,851

146,591

At 30 April 2024

71,660

2,909

74,569

Included within the net book value of £146,591 is £144,740, (2024 - £71,660) relating to assets held under hire purchase agreements. The depreciation charged to the financial statements in the year in respect of such assets amounted to £36,910 (2024 - £2,652).

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

Cost

At 1 May 2024

74,312

Additions

109,990

At 30 April 2025

184,302

Depreciation

At 1 May 2024

2,652

Charge for year

36,910

At 30 April 2025

39,562

Net book value

At 30 April 2025

144,740

At 30 April 2024

71,660

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

Cost

At 1 May 2024

and 30 April 2025

6,595,373

Net book value

At 30 April 2025

6,595,373

At 30 April 2024

6,595,373

The company owns 100% of the issued share capital of the companies listed below,

30/04/2025

30/04/2024

Aggregate capital and reserves

Adreco Limited

787,648

863,034

International Scientific Supplies Ltd

4,320,830

4,613,587

Profit and (loss) for the year

Adreco Limited

35,731

113,154

International Scientific Supplies Ltd

505,644

164,583

Under the provision of section 398 of the Companies Act 2006 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

350

13,171

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

308,236

326,598

Hire purchase contracts

28,989

9,206

Trade creditors

16,250

17,709

Social security and other taxes

39

2,674

Other creditors

-

609

Directors' loan accounts

2,028

634

Accruals and deferred income

10,629

4,500

366,171

361,930

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

1,118,056

1,409,722

Hire purchase contracts

120,288

58,040

Amounts owed to group undertakings

4,763,531

4,843,457

6,001,875

6,311,219

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

HSBC Loan

1,409,722

1,701,389

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

9,805

A Ordinary

1p

98

98

2,000

B Ordinary

1p

20

20

1,333

C Ordinary

1p

13

13

195

D Ordinary

1p

2

2

133

133

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

Mr S T Hill

Balance outstanding at start of year

(634

)

132,453

Amounts advanced

125,605

196,913

Amounts repaid

(127,000

)

(330,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,029

)

(634

)

12.	RELATED PARTY DISCLOSURES

The company holds the entire share capital of Adreco Limited and acquired 100% of the share capital of International Scientific Supplies Ltd during the year.

During the year, dividends were received from Adreco Ltd of £111,117 (2024: £60.600).

During the year, dividends were received from International Scientific Supplies Ltd of £798,399 (2024: £350,000).

The balance due to Adreco Limited at the end of the period, included in creditors, is £1,180,893 (2024: £1,155,371).

The balance due to International Scientific Supplies Ltd at the end of the period, included in creditors, is £3,582,637 (2024: £3,688,085).