REGISTERED NUMBER: 04260145 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Prestige Plastics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S Geranio

Mr K A Hanger

Mr S A Taylor

Mr M I Todd

Mr S Manning

SECRETARY:

Mr K A Hanger

REGISTERED OFFICE:

63 Broad Green

Wellingborough

Northamptonshire

NN8 4LQ

REGISTERED NUMBER:

04260145 (England and Wales)

ACCOUNTANTS:

Clifford Roberts

63 Broad Green

Wellingborough

Northamptonshire

NN8 4LQ

FIXED ASSETS

Tangible assets

4

143,291

158,278

Investment property

5

700,000

700,000

843,291

858,278

CURRENT ASSETS

Stocks

6

119,595

145,490

Debtors

7

282,276

239,864

Cash at bank and in hand

604,577

988,445

1,006,448

1,373,799

CREDITORS

Amounts falling due within one year

8

1,353,935

1,792,825

NET CURRENT LIABILITIES

(347,487

)

(419,026

)

TOTAL ASSETS LESS CURRENT LIABILITIES

495,804

439,252

PROVISIONS FOR LIABILITIES

36,911

38,490

NET ASSETS

458,893

400,762

CAPITAL AND RESERVES

Called up share capital

9

110

110

Share premium

24,985

24,985

Revaluation reserve

10

100,000

100,000

Retained earnings

333,798

275,667

SHAREHOLDERS' FUNDS

458,893

400,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 2 December 2025 and were signed on its behalf by:

Mr S Manning - Director

1.	STATUTORY INFORMATION

Prestige 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 as modified by the revaluation of certain assets.

Revenue

Turnover represents net invoices sale of goods and services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

4% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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.

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 14 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Improvements

Plant and

and

to property

machinery

fittings

£

£

£

COST

At 1 August 2024

66,131

488,622

12,883

Additions

-

-

-

At 31 July 2025

66,131

488,622

12,883

DEPRECIATION

At 1 August 2024

23,807

397,715

12,883

Charge for year

2,645

25,876

-

At 31 July 2025

26,452

423,591

12,883

NET BOOK VALUE

At 31 July 2025

39,679

65,031

-

At 31 July 2024

42,324

90,907

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 August 2024

47,985

40,928

656,549

Additions

25,427

-

25,427

At 31 July 2025

73,412

40,928

681,976

DEPRECIATION

At 1 August 2024

26,354

37,512

498,271

Charge for year

10,185

1,708

40,414

At 31 July 2025

36,539

39,220

538,685

NET BOOK VALUE

At 31 July 2025

36,873

1,708

143,291

At 31 July 2024

21,631

3,416

158,278

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

and 31 July 2025

700,000

NET BOOK VALUE

At 31 July 2025

700,000

At 31 July 2024

700,000

Fair value at 31 July 2025 is represented by:

£

Valuation in 2024

700,000

6.

STOCKS

2025

2024

£

£

Raw materials

119,595

145,490

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

278,541

226,727

Other debtors

91

91

Prepayments and accrued income

3,644

13,046

282,276

239,864

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

120,319

100,224

Amounts owed to group undertakings

1,116,776

1,555,775

Tax

36,333

31,354

Social security and other taxes

12,362

10,303

VAT

44,310

39,013

Other creditors

8,076

6,372

Credit card

310

2,025

Directors' current accounts

2,341

1,260

Accrued expenses

13,108

46,499

1,353,935

1,792,825

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10

Ordinary A shares

£1

10

10

110

110

10.

RESERVES

Revaluation

reserve

£

At 1 August 2024

and 31 July 2025

100,000