REGISTERED NUMBER: 10921168 (England and Wales)

INTERPLAS COATINGS (HOLDINGS) LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs A K Mahi

REGISTERED OFFICE:

Unit 3-7 Lygon Buildings

Peartree Lane

Dudley

DY2 0QU

REGISTERED NUMBER:

10921168 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

822,495

822,495

Investments

5

100

100

822,595

822,595

CURRENT ASSETS

Debtors

6

26,124

-

Cash at bank

50,992

56,380

77,116

56,380

CREDITORS

Amounts falling due within one year

7

418,141

398,614

NET CURRENT LIABILITIES

(341,025

)

(342,234

)

TOTAL ASSETS LESS CURRENT LIABILITIES

481,570

480,361

CREDITORS

Amounts falling due after more than one year

8

272,668

298,623

NET ASSETS

208,902

181,738

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

208,802

181,638

SHAREHOLDERS' FUNDS

208,902

181,738

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

N P S Mahi - Deceased - Director

1.	STATUTORY INFORMATION

Interplas Coatings (Holdings) 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.

Preparation of consolidated financial statements

The financial statements contain information about Interplas Coatings (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets

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

Freehold property

-

in accordance with the property

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 April 2024

and 31 March 2025

822,495

NET BOOK VALUE

At 31 March 2025

822,495

At 31 March 2024

822,495

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

100

NET BOOK VALUE

At 31 March 2025

100

At 31 March 2024

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' current accounts

26,124

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

26,272

26,272

Amounts owed to group undertakings

379,295

353,171

Social security and other taxes

11,339

17,936

Other creditors

750

750

Directors' current accounts

485

485

418,141

398,614

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

26,272

26,272

Bank loans - 2-5 years

246,396

272,351

272,668

298,623

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

298,940

324,895

The bank loan is secured on the following freehold property owned by the company , 6-7 Peartree Lane, Dudley , DY2 OUW

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

5,100

Ordinary

£1

100

100

11.	ULTIMATE CONTROLLING PARTY

The controlling party is N P S Mahi - Deceased.