REGISTERED NUMBER: 06870850 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

PLASPRIME LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K Lindow

Mrs J Lindow

REGISTERED OFFICE:

2 East Court

Birkrigg Park

Ulverston

United Kingdom

LA12 0UG

REGISTERED NUMBER:

06870850 (England and Wales)

BANKERS:

HSBC Bank plc

104 Duke Street

Barrow in Furness

Cumbria

LA14 1LR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

87

-

87

CURRENT ASSETS

Debtors

115,999

84,945

Cash at bank

49

4,733

116,048

89,678

CREDITORS

Amounts falling due within one year

90,892

64,635

NET CURRENT ASSETS

25,156

25,043

TOTAL ASSETS LESS CURRENT LIABILITIES

25,156

25,130

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

25,056

25,030

SHAREHOLDERS' FUNDS

25,156

25,130

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2025 and were signed on its behalf by:

Mr K Lindow - Director

1.	STATUTORY INFORMATION

Plasprime 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents net invoiced sales of services, excluding VAT.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2024

40,368

Disposals

(40,368

)

At 30 April 2025

-

AMORTISATION

At 1 May 2024

40,368

Eliminated on disposal

(40,368

)

At 30 April 2025

-

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2024

32,317

Disposals

(32,317

)

At 30 April 2025

-

DEPRECIATION

At 1 May 2024

32,230

Eliminated on disposal

(32,230

)

At 30 April 2025

-

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

87

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100

Ordinary

£1

100

100

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

£

Mr K Lindow and Mrs J Lindow

Balance outstanding at start of year

75,596

68,398

Amounts advanced

112,638

75,596

Amounts repaid

(75,596

)

(68,398

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

112,638

75,596

During the financial year the directors were charged £2,094 (2024:£1,602) interest on the loan which is unsecured and repayable on demand.