PRECIOUS PLASTIC PLYMOUTH AND TAVISTOCK CIC

Company limited by guarantee

Company Registration Number:
13661842 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

PRECIOUS PLASTIC PLYMOUTH AND TAVISTOCK CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

PRECIOUS PLASTIC PLYMOUTH AND TAVISTOCK CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 5,352 6,794
Total fixed assets: 5,352 6,794
Current assets
Debtors: 4 1,666 0
Cash at bank and in hand: 1,471 1,505
Total current assets: 3,137 1,505
Creditors: amounts falling due within one year: 5 ( 2,600 ) ( 1,972 )
Net current assets (liabilities): 537 (467)
Total assets less current liabilities: 5,889 6,327
Total net assets (liabilities): 5,889 6,327
Members' funds
Profit and loss account: 5,889 6,327
Total members' funds: 5,889 6,327

The notes form part of these financial statements

PRECIOUS PLASTIC PLYMOUTH AND TAVISTOCK CIC

Balance sheet statements

For the year ending 31 March 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 chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 16 December 2025
and signed on behalf of the board by:

Name: Katharine Julia Crawfurd
Status: Director

The notes form part of these financial statements

PRECIOUS PLASTIC PLYMOUTH AND TAVISTOCK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company plus grants received, net of Value Added Tax (where VAT registered) and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives. During the year the expected useful lives of assets were reviewed and extended from 4 years to 6 2/3 years. Depreciation is calculated on the following basis: Plant and Machinery 15% Straight Line Fixtures and Fittings 15% Straight Line

PRECIOUS PLASTIC PLYMOUTH AND TAVISTOCK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

PRECIOUS PLASTIC PLYMOUTH AND TAVISTOCK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 9,272 348 9,620
Additions
Disposals
Revaluations
Transfers
At 31 March 2025 9,272 348 9,620
Depreciation
At 1 April 2024 2,731 95 2,826
Charge for year 1,390 52 1,442
On disposals
Other adjustments
At 31 March 2025 4,121 147 4,268
Net book value
At 31 March 2025 5,151 201 5,352
At 31 March 2024 6,541 253 6,794

PRECIOUS PLASTIC PLYMOUTH AND TAVISTOCK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Prepayments and accrued income 1,666 0
Total 1,666 0

PRECIOUS PLASTIC PLYMOUTH AND TAVISTOCK CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Accruals and deferred income 624 100
Other creditors 1,976 1,872
Total 2,600 1,972

COMMUNITY INTEREST ANNUAL REPORT

PRECIOUS PLASTIC PLYMOUTH AND TAVISTOCK CIC

Company Number: 13661842 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

During the year, Precious Plastic Plymouth & Tavistock CIC continued to develop and deliver small-scale plastic recycling and community engagement activities. We maintained our workshop space, improved our recycling equipment, and prepared materials for future sessions. Although delivery was reduced this year, we continued to support our community through demonstrations, advice on plastic reuse, and collaborative preparation with partner organisations.

Consultation with stakeholders

Our stakeholders include participants in our workshops, members of the local community interested in plastic reuse, partner organisations, and groups exploring collaborative recycling projects. As a small CIC with limited delivery activity during 2024–25, our consultation has been informal and ongoing rather than conducted through formal mechanisms. We engaged with stakeholders through conversations at community events, discussions with partner organisations, and feedback received during demonstrations and preparation sessions. We also consulted with organisations interested in developing collaborative activities, including Pluss and other local groups. Feedback from these conversations highlighted a strong interest in accessible, hands-on recycling activities and in expanding opportunities for people with additional needs to participate. In response, we have focused our planning on developing more structured workshop programmes and strengthening potential partnerships for the coming year. We have also continued to refine our equipment and processes to make activities as safe, engaging, and inclusive as possible. While no formal surveys or consultation exercises were undertaken this year, stakeholder feedback has informed our decisions about future workshop delivery and the direction of our community engagement work.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 December 2025

And signed on behalf of the board by:
Name: Katharine Julia Crawfurd
Status: Director