Company No: 05763152 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Director

Igor Golberg

Secretary

David Dyer

Registered office	54 Norsey View Drive
	Billericay
	CM12 0QS
	United Kingdom

Company number

05763152 (England and Wales)

Accountant	Kreston Reeves LLP
	Springfield House
	Springfield Road
	Horsham
	West Sussex
	RH12 2RG

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	570		1,755
		570		1,755
Current assets
Debtors	4	3,382		27,289
Cash at bank and in hand	5	4,729,695		9,603,258
		4,733,077		9,630,547
Creditors: amounts falling due within one year	6	( 57,146)		( 87,383)
Net current assets		4,675,931		9,543,164
Total assets less current liabilities		4,676,501		9,544,919
Net assets		4,676,501		9,544,919
Capital and reserves
Called-up share capital	7	400		800
Capital redemption reserve		800		400
Profit and loss account		4,675,301		9,543,719
Total shareholders' funds		4,676,501		9,544,919

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Elastomer Trading Limited (registered number: 05763152) were approved and authorised for issue by the Director on 28 November 2025. They were signed on its behalf by:

Igor Golberg Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Elastomer Trading Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The Company registration number is 05763152. The address of the Company's registered office is 54 Norsey View Drive, Billericay, Essex, CM12 0QS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment

2 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		2

3. Tangible assets

	Office equipment		Total
	£		£
Cost
At 01 April 2024	7,308		7,308
Additions	71		71
Disposals	( 77)		( 77)
At 31 March 2025	7,302		7,302
Accumulated depreciation
At 01 April 2024	5,553		5,553
Charge for the financial year	1,256		1,256
Disposals	( 77)		( 77)
At 31 March 2025	6,732		6,732
Net book value
At 31 March 2025	570		570
At 31 March 2024	1,755		1,755

4. Debtors

	2025		2024
	£		£
Prepayments and accrued income	3,155		26,938
VAT recoverable	227		351
	3,382		27,289

5. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	4,729,695		9,603,258

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	68		0
Accruals	6,451		10,300
Corporation tax	50,349		76,195
Other taxation and social security	252		250
Other creditors	26		638
	57,146		87,383

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
400 Ordinary shares of £ 1.00 each (2024: 800 shares of £ 1.00 each)	400		800

On 30 October 2024. the company completed a share buyback of 400 shares for an aggregate amount of £4,653,900. The aggregate amount paid including stamp duty was £4,677,290.

8. Reserves

Capital redemption reserve

This reserve records the nominal value of shares repurchased by the company and is a non distributable reserve.

Profit and loss account

The profit and loss account comprises all current and prior period retained profits and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.