Amber Plastics Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01553309

Amber Plastics Limited

Filleted Unaudited Financial Statements

31 March 2025

Amber Plastics Limited

Financial Statements

Year Ended 31 March 2025

Contents	Pages

Statement of financial position	1 to 2

Notes to the financial statements	3 to 7

Amber Plastics Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed Assets

Tangible assets	5	116,373	121,043

Current Assets

Stocks		372,576	383,099
Debtors	6	600,384	630,371
Cash at bank and in hand		73	242
		---------	------------
		973,033	1,013,712

Creditors: amounts falling due within one year	7	1,039,223	1,012,918
		------------	------------
Net Current (Liabilities)/Assets		( 66,190)	794
		---------	---------
Total Assets Less Current Liabilities		50,183	121,837

Creditors: amounts falling due after more than one year	8	–	10,106

Provisions

Taxation including deferred tax	27,050	22,751
	--------	---------
Net Assets	23,133	88,980
	--------	---------

Capital and Reserves

Called up share capital	9	5,000	5,000
Capital redemption reserve		5,000	5,000
Profit and loss account		13,133	78,980
		--------	--------
Shareholders Funds		23,133	88,980
		--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the 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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Amber Plastics Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 16 December 2025 , and are signed on behalf of the board by:

Mr A Bunting

Director

Company registration number: 01553309

Amber Plastics Limited

Notes to the Financial Statements

Year Ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Broombank Road, Chesterfield Industr, Chesterfield, Derbyshire, S41 9QJ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents amounts earned during the year, exclusive of value added tax.

Income tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Land and buildings	-	10% reducing balance
Plant and machinery	-	15% reducing balance
Fixtures & fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance

	Computer equipment	-	20% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 39 (2024: 38 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Apr 2024	228,471	923,914	81,588	63,373	11,430	1,308,776
Additions	–	16,649	458	–	2,043	19,150
Disposals	–	–	–	( 10,936)	( 923)	( 11,859)
	---------	---------	--------	--------	--------	------------
At 31 Mar 2025	228,471	940,563	82,046	52,437	12,550	1,316,067
	---------	---------	--------	--------	--------	------------
Depreciation
At 1 Apr 2024	201,988	845,366	76,900	55,646	7,833	1,187,733
Charge for the year	2,648	14,280	1,287	1,557	2,510	22,282
Disposals	–	–	–	( 9,438)	( 883)	( 10,321)
	---------	---------	--------	--------	--------	------------
At 31 Mar 2025	204,636	859,646	78,187	47,765	9,460	1,199,694
	---------	---------	--------	--------	--------	------------
Carrying amount
At 31 Mar 2025	23,835	80,917	3,859	4,672	3,090	116,373
	---------	---------	--------	--------	--------	------------
At 31 Mar 2024	26,483	78,548	4,688	7,727	3,597	121,043
	---------	---------	--------	--------	--------	------------

6. Debtors

	2025	2024
	£	£
Trade debtors	544,388	582,610
Amounts owed by group undertakings and undertakings in which the company has a participating interest	23,864	3,697
Other debtors	32,132	44,064
	---------	---------
	600,384	630,371
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	439,507	394,209
Trade creditors	406,769	454,291
Corporation tax	–	20,393
Social security and other taxes	119,886	79,875
Net wages	13,127	10,117
Other creditors	59,934	54,033
	------------	------------
	1,039,223	1,012,918
	------------	------------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	7,757
Other creditors	–	2,349
	----	--------
	–	10,106
	----	--------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	5,000	5,000	5,000	5,000
	-------	-------	-------	-------

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	17,050	7,400
Later than 1 year and not later than 5 years	23,176	6,048
	--------	--------
	40,226	13,448
	--------	--------

11. Controlling party

The ultimate parent company is Amber Plastics Holdings Limited, a company incorporated in England and Wales.