A V P Recycling Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01685320 (England and Wales)

Unaudited Financial Statements

For The Year Ended 30th April 2025

for

A V P Recycling Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTORS:

Stephen Anthony Morris

Lynne Morris

SECRETARY:

Lynne Morris

REGISTERED OFFICE:

Avp Recycling Building, Unit6 Pant Glas I

Newport Road

Bedwas

Caerphilly

CF83 8DR

REGISTERED NUMBER:

01685320 (England and Wales)

ACCOUNTANTS:

Wildin (Accountants & Auditors) Ltd

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

FIXED ASSETS

Tangible assets

4

1,208,944

1,262,188

CURRENT ASSETS

Stocks

5

30,500

40,250

Debtors

6

285,627

274,558

Cash at bank and in hand

1,907,929

1,755,534

2,224,056

2,070,342

CREDITORS

Amounts falling due within one year

7

269,181

206,570

NET CURRENT ASSETS

1,954,875

1,863,772

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,163,819

3,125,960

PROVISIONS FOR LIABILITIES

8

11,401

13,152

NET ASSETS

3,152,418

3,112,808

CAPITAL AND RESERVES

Called up share capital

9

30,000

Retained earnings

10

3,122,418

3,082,808

SHAREHOLDERS' FUNDS

3,152,418

3,112,808

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 1st August 2025 and were signed on its behalf by:

Stephen Anthony Morris - Director

1.	STATUTORY INFORMATION

A V P Recycling 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.

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.

Freehold property

-

2% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

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 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

COST

At 1st May 2024

1,302,560

546,117

8,530

310,548

2,167,755

Additions

-

19,000

-

19,000

Disposals

-

(25,500

)

-

(24,335

)

(49,835

)

At 30th April 2025

1,302,560

539,617

8,530

286,213

2,136,920

DEPRECIATION

At 1st May 2024

170,631

518,833

8,360

207,743

905,567

Charge for year

21,329

5,304

34

24,664

51,331

Eliminated on disposal

-

(8,738

)

-

(20,184

)

(28,922

)

At 30th April 2025

191,960

515,399

8,394

212,223

927,976

NET BOOK VALUE

At 30th April 2025

1,110,600

24,218

136

73,990

1,208,944

At 30th April 2024

1,131,929

27,284

170

102,805

1,262,188

5.

STOCKS

30.4.25

30.4.24

£

Stocks

30,500

40,250

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Debtors & prepayments

205,405

189,596

Other debtors

40,303

Prepayments

39,919

44,659

285,627

274,558

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Trade creditors

178,196

107,323

Tax

37,473

24,244

VAT

18,512

25,922

Directors' current accounts

27,281

26,921

Accrued expenses

7,719

22,160

269,181

206,570

8.	PROVISIONS FOR LIABILITIES

30.4.25

30.4.24

£

Deferred Taxation

11,401

13,152

Deferred

tax

£

Balance at 1st May 2024

13,152

Credit to Income Statement during year

(1,751

)

Balance at 30th April 2025

11,401

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

30,000

Ordinary

£1

30,000

10.

RESERVES

Retained

earnings

£

At 1st May 2024

3,082,808

Profit for the year

68,610

Dividends

(29,000

)

At 30th April 2025

3,122,418

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Stephen Anthony Morris.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A V P Recycling Limited for the year ended 30th April 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of A V P Recycling Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A V P Recycling Limited and state those matters that we have agreed to state to the Board of Directors of A V P Recycling Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A V P Recycling Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A V P Recycling Limited. You consider that A V P Recycling Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A V P Recycling Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wildin (Accountants & Auditors) Ltd

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

Date: 1st August 2025