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Registration number: 09610869

COYS Polymers Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 May 2025

COYS Polymers Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 9

COYS Polymers Limited

(Registration number: 09610869)
Balance Sheet as at 31 May 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 5 | 2,000 | 4,000
Tangible assets | 6 | 125,576 | 167,434
|  | 127,576 | 171,434
Current assets |  |  |
Stocks | 7 | - | 75,000
Debtors | 8 | 214,275 | 114,105
Cash at bank and in hand |  | 179,528 | 241,388
|  | 393,803 | 430,493
Creditors: Amounts falling due within one year | 9 | (119,683) | (215,903)
Net current assets |  | 274,120 | 214,590
Total assets less current liabilities |  | 401,696 | 386,024
Creditors: Amounts falling due after more than one year | 9 | (7,817) | (9,959)
Net assets |  | 393,879 | 376,065
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 393,779 | 375,965
Shareholders' funds |  | 393,879 | 376,065

COYS Polymers Limited

(Registration number: 09610869)
Balance Sheet as at 31 May 2025

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 15 January 2026

......................................... Mr P A Goodwin Director

COYS Polymers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received for PVC window recycling goods and services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 25% Reducing balance
Fixtures & fittings | 25% Reducing balance
Plant & machinery | 25% Reducing balance
Motor Vehicles | 25% Reducing balance

COYS Polymers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

Intangible assets

Intangible assets are initially recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Customer base | 10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for PVC window recycling performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

COYS Polymers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

4 | Taxation

| 2025 |  | 2024
| £ |  | £
Corporation tax | 17,133 |  | 14,773

COYS Polymers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

5 | Intangible assets

| Other intangible assets £ | Total £
Cost or valuation
At 1 June 2024 | 20,000 | 20,000
At 31 May 2025 | 20,000 | 20,000
Amortisation
At 1 June 2024 | 16,000 | 16,000
Amortisation charge | 2,000 | 2,000
At 31 May 2025 | 18,000 | 18,000
Carrying amount
At 31 May 2025 | 2,000 | 2,000
At 31 May 2024 | 4,000 | 4,000

6 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 June 2024 | 314,400 | 26,627 | 341,027
At 31 May 2025 | 314,400 | 26,627 | 341,027
Depreciation
At 1 June 2024 | 170,819 | 2,774 | 173,593
Charge for the year | 35,895 | 5,963 | 41,858
At 31 May 2025 | 206,714 | 8,737 | 215,451
Carrying amount
At 31 May 2025 | 107,686 | 17,890 | 125,576
At 31 May 2024 | 143,581 | 23,853 | 167,434

COYS Polymers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

7 | Stocks

| 2025 £ | 2024 £
Other inventories | - | 75,000

8 | Debtors

| 2025 £ | 2024 £
Trade debtors | 106,596 | 109,105
Other debtors | 107,679 | 5,000
| 214,275 | 114,105

COYS Polymers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

9 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 10 | 5,208 | 10,586
Trade creditors |  | 90,401 | 36,531
Taxation and social security |  | 20,574 | 22,450
Other creditors |  | 3,500 | 146,336
|  | 119,683 | 215,903

10 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 10,586
Other borrowings | 5,208 | -
| 5,208 | 10,586

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 9,959
Other borrowings | 7,817 | -
| 7,817 | 9,959

COYS Polymers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

11 | Related party transactions

Transactions with the director

2025 | At 1 June 2024 £ | Advances to director £ | Repayments by director £ | At 31 May 2025 £
Mr P A Goodwin
Transactions during the year | (142,837) | 261,717 | (24,000) | 94,880

2024 | At 1 June 2023 £ | Advances to director £ | Repayments by director £ | Other payments made to company by director £ | At 31 May 2024 £
Mr P A Goodwin
Transactions during the year | (162,895) | 96,100 | (1,042) | (75,000) | (142,837)