04999678falsethe supply of double glazing units and associated plastic products2024-02-292025-02-28http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/cd:CompanySecretary12024-02-292025-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2024-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2024-02-28http://www.companieshouse.gov.uk/cd:Director12024-02-292025-02-28http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-02-28http://www.companieshouse.gov.uk/pt:PlantMachinery2025-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2025-02-28http://www.companieshouse.gov.uk/cd:Director22024-02-292025-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-02-28http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-02-28http://www.companieshouse.gov.uk/cd:Director32024-02-292025-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-02-28http://www.companieshouse.gov.uk/cd:Director42024-02-292025-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-02-292025-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-02-292025-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-02-292025-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-02-28http://www.companieshouse.gov.uk/2024-02-292025-02-28http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/cd:FRS1022024-02-292025-02-28http://www.companieshouse.gov.uk/2025-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2024-02-292025-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-02-292025-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04999678
Cybi Building Plastics Limited
ACCOUNTS
FOR THE YEAR ENDED 28/02/2025
Prepared By:
M E Strom Limited
CPAA
333-335
High Street
Bangor
Gwynedd
LL57 1YA
Cybi Building Plastics Limited
ACCOUNTS
FOR THE YEAR ENDED 28/02/2025
DIRECTORS
I M Jones
G A Jones
C A Williams (to 13/01/2022)
C A Williams
SECRETARY
C A Williams (to 13/01/2022)
REGISTERED OFFICE
Unit 1
Gaerwen Industrial Estate
Gaerwen
Anglesey
LL60 6HR
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04999678
ACCOUNTANTS
M E Strom Limited
CPAA
333-335
High Street
Bangor
Gwynedd
LL57 1YA
Cybi Building Plastics Limited
ACCOUNTS
FOR THEYEARENDED28/02/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Cybi Building Plastics Limited
BALANCE SHEET AT 28/02/2025
20252024
Notes££
FIXED ASSETS
Tangible assets21,4052,653
CURRENT ASSETS
Stock46,63255,948
Debtors4133,668210,312
Cash at bank and in hand190,752140,925
371,052407,185
CREDITORS: Amounts falling due within one year545,26135,995
NET CURRENT ASSETS325,791371,190
TOTAL ASSETS LESS CURRENT LIABILITIES327,196373,843
PROVISIONS FOR LIABILITIES AND CHARGES7267551
NET ASSETS326,929373,292
CAPITAL AND RESERVES
Called up share capital870,00570,005
Profit and loss account256,924303,287
SHAREHOLDERS' FUNDS326,929373,292
For the year ending 28/02/2025 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 30/11/2025 and signed on their behalf by
.............................
G A Jones
Director
Cybi Building Plastics Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
Cybi Building Plastics Limited
2. TANGIBLE FIXED ASSETS
Long LeaseholdPlant andCommercialFixtures
PropertiesMachineryVehiclesand FittingsTotal
£££££
Cost
At 29/02/202411,85968,9937,4002,50590,757
At 28/02/202511,85968,9937,4002,50590,757
Depreciation
At 29/02/202411,85966,6537,0872,50588,104
For the year-1,17078-1,248
At 28/02/202511,85967,8237,1652,50589,352
Net Book Amounts
At 28/02/2025-1,170235-1,405
At 28/02/2024-2,340313-2,653
3. STOCK 20252024
££
Stock comprises:
Stock46,63255,948
46,63255,948
4. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors51,10661,631
PAYE control-5,471
Other debtors82,562143,210
133,668210,312
Cybi Building Plastics Limited
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax-2,800
VAT649631
PAYE control2,040-
Trade creditors37,24325,678
Other creditors3,5045,061
Accruals1,8251,825
45,26135,995
6. EMPLOYEES
20252024
No.No.
Average number of employees66
7. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation267551
267551
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
70005 Ordinary shares of £1.00 each7000570005
70,00570,005
9. CONTROLLING PARTY
The company is a wholly owned subsidiary of MGC Ynys Mon Limited, a company registered in England & Wales.
Cybi Building Plastics Limited
10. RELATED PARTY TRANSACTIONS
M&G Windows Ynys Mon Limited is a wholly owned subsidiary of MGC Ynys Mon Limited. During the year, the company made sales of £13628 (2023 £13268) to M&G Windows Ynys Mon Limited, and purchases of £19113 (2023 £3305) from M&G Windows Ynys Mon Limited. At 28 February 2024 the balance due from M&G Windows Ynys Mon Limited was £65046 (2023 £68890).
The company is a wholly owned subsidiary of MGC Ynys Mon Limited. During the year, the company paid management charges of £86500 (2023 £109500) to MGC Ynys Mon Limited. At 28 February 2024, the balance due from MGC Ynys Mon Limited was £77561 (2023 £82561).