Company Registration No. 01387371 (England and Wales)
Halcyon Plastics Limited
Unaudited accounts
for the year ended 31 March 2025
Halcyon Plastics Limited
Unaudited accounts
Contents
Halcyon Plastics Limited
Company Information
for the year ended 31 March 2025
Directors
Paul Bexon
Georgina Bexon
Company Number
01387371 (England and Wales)
Registered Office
Enterprise Centre
Unit 27, Michael Way
Raunds
Wellingborough
NN9 6GR
England
Accountants
Infinity Accounting Ltd
Eventus Sunderland Road
Market Deeping
Peterborough
PE6 8FD
Halcyon Plastics Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,279
1,364
Cash at bank and in hand
20,408
27,111
Creditors: amounts falling due within one year
(217,512)
(291,268)
Net current assets
78,236
45,397
Total assets less current liabilities
79,515
46,761
Creditors: amounts falling due after more than one year
(2,734)
(12,628)
Called up share capital
100
100
Profit and loss account
76,681
34,033
Shareholders' funds
76,781
34,133
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. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by
Paul Bexon
Director
Company Registration No. 01387371
Halcyon Plastics Limited
Notes to the Accounts
for the year ended 31 March 2025
Halcyon Plastics Limited is a private company, limited by shares, registered in England and Wales, registration number 01387371. The registered office is Enterprise Centre, Unit 27, Michael Way, Raunds, Wellingborough, NN9 6GR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Halcyon Plastics Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
7,303
47,735
55,038
At 31 March 2025
7,618
47,735
55,353
At 1 April 2024
7,303
46,371
53,674
Charge for the year
59
341
400
At 31 March 2025
7,362
46,712
54,074
At 31 March 2025
256
1,023
1,279
At 31 March 2024
-
1,364
1,364
Amounts falling due within one year
Trade debtors
129,384
137,586
Amounts due from group undertakings etc.
50,000
50,000
Deferred tax asset
34,251
9,315
Accrued income and prepayments
-
5,496
Other debtors
61,705
107,157
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,361
10,648
Trade creditors
126,541
158,253
Taxes and social security
301
6,134
Other creditors
67,492
100,875
Loans from directors
562
-
Included within other creditors there is an amount of £67,310 (2024: £100,875) secured on the company's trade debtors, relating to an invoice discounting facility.
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans are secured against assets of the company.
Halcyon Plastics Limited
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
90,888
33,424
78,876
45,436
90,888
33,424
78,876
45,436
Interest amounting to £1,347 has being charged on this balance. The balance outstanding is repayable on demand.
10
Transactions with related parties
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
The company is a wholly owned subsidiary under the control of Nine Arches Investments Limited, of which P Bexon and G Bexon own 100% of the share capital.
12
Average number of employees
During the year the average number of employees was 0 (2024: 4).