REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

DPG FOAM CONVERTORS LIMITED

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTORS:

Ms L J Piggott

Ms S J Piggott

SECRETARY:

Ms L J Piggott

REGISTERED OFFICE:

70-72 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BN

REGISTERED NUMBER:

02605891 (England and Wales)

ACCOUNTANTS:

Hewitt Card Limited

Chartered Certified Accountants

70-72 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BN

The directors present their report with the financial statements of the company for the year ended 30 April 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of convert foam for resale.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 May 2024 to the date of this report.

Ms L J Piggott

Ms S J Piggott

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Ms L J Piggott - Director

15 January 2026

FIXED ASSETS

Tangible assets

5

32,828

39,072

CURRENT ASSETS

Stocks

6,978

5,765

Debtors

6

404,924

361,412

Cash at bank

166,173

142,461

578,075

509,638

CREDITORS

Amounts falling due within one year

7

244,552

238,347

NET CURRENT ASSETS

333,523

271,291

TOTAL ASSETS LESS CURRENT LIABILITIES

366,351

310,363

PROVISIONS FOR LIABILITIES

8

6,238

-

NET ASSETS

360,113

310,363

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

360,109

310,359

SHAREHOLDERS' FUNDS

360,113

310,363

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2026 and were signed on its behalf by:

Ms L J Piggott - Director

1.	STATUTORY INFORMATION

DPG Foam Convertors 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

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

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

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 16 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

105,034

2,339

18,450

3,840

129,663

Additions

-

-

-

720

720

At 30 April 2025

105,034

2,339

18,450

4,560

130,383

DEPRECIATION

At 1 May 2024

71,753

979

15,166

2,693

90,591

Charge for year

4,993

272

821

878

6,964

At 30 April 2025

76,746

1,251

15,987

3,571

97,555

NET BOOK VALUE

At 30 April 2025

28,288

1,088

2,463

989

32,828

At 30 April 2024

33,281

1,360

3,284

1,147

39,072

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

388,883

339,414

Other debtors

9,151

14,093

Directors' current accounts

3,813

3,908

Tax

-

3,047

Prepayments

3,077

950

404,924

361,412

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

128,988

142,578

Tax

3,454

-

Social security and other taxes

27,233

7,383

VAT

33,702

29,829

Other creditors

11,246

15,103

Accrued expenses

39,929

43,454

244,552

238,347

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

6,238

-

Deferred

tax

£

Provided during year

6,238

Balance at 30 April 2025

6,238

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

Ms L J Piggott

Balance outstanding at start of year

3,907

3,775

Amounts advanced

1,436

382

Amounts repaid

(1,530

)

(250

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,813

3,907

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DPG Foam Convertors Limited for the year ended 30 April 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of DPG Foam Convertors Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DPG Foam Convertors Limited and state those matters that we have agreed to state to the Board of Directors of DPG Foam Convertors Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that DPG Foam Convertors Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DPG Foam Convertors Limited. You consider that DPG Foam Convertors Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of DPG Foam Convertors Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hewitt Card Limited

Chartered Certified Accountants

70-72 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BN

15 January 2026