Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2024-04-01 false the manufacture of plastic ventiliation products 2 2 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10893561 2024-04-01 2025-03-31 10893561 2023-04-01 2024-03-31 10893561 2025-03-31 10893561 2024-03-31 10893561 c:Director2 2024-04-01 2025-03-31 10893561 d:OfficeEquipment 2024-04-01 2025-03-31 10893561 d:OfficeEquipment 2025-03-31 10893561 d:OfficeEquipment 2024-03-31 10893561 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 10893561 d:CurrentFinancialInstruments 2025-03-31 10893561 d:CurrentFinancialInstruments 2024-03-31 10893561 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 10893561 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10893561 d:ShareCapital 2025-03-31 10893561 d:ShareCapital 2024-03-31 10893561 d:RetainedEarningsAccumulatedLosses 2025-03-31 10893561 d:RetainedEarningsAccumulatedLosses 2024-03-31 10893561 c:OrdinaryShareClass1 2024-04-01 2025-03-31 10893561 c:OrdinaryShareClass1 2025-03-31 10893561 c:OrdinaryShareClass2 2024-04-01 2025-03-31 10893561 c:OrdinaryShareClass2 2025-03-31 10893561 c:FRS102 2024-04-01 2025-03-31 10893561 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10893561 c:FullAccounts 2024-04-01 2025-03-31 10893561 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10893561 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10893561 MEDALLION PLASTICS FABRICATIONS LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
MEDALLION PLASTICS FABRICATIONS LTD REGISTERED NUMBER: 10893561 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 1,326 |  | 1,057
Current assets |  |  |  |  |
Stocks | 5 | 6,274 |  | 6,082 |
Debtors: amounts falling due within one year | 6 | 6,727 |  | 25,832 |
Cash at bank and in hand | 7 | 275,300 |  | 306,900 |
|  | 288,301 |  | 338,814 |
Creditors: amounts falling due within one year | 8 | (170,557) |  | (208,877) |
Net current assets |  |  | 117,744 |  | 129,937
Total assets less current liabilities |  |  | 119,070 |  | 130,994
Net assets |  |  | 119,070 |  | 130,994
Capital and reserves |  |  |  |  |
Called up share capital | 9 |  | 100 |  | 100
Profit and loss account |  |  | 118,970 |  | 130,894
|  |  | 119,070 |  | 130,994
The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 January 2026. Page 1
MEDALLION PLASTICS FABRICATIONS LTD REGISTERED NUMBER: 10893561 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025
S J Watson
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
MEDALLION PLASTICS FABRICATIONS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Medallion Plastics Fabrications Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Unit No. 10 Europa Trading Estate, Fraser Road, Erith, United Kingdom, DA8 1QL. The principal activity of the company during the year has been that of the manufacture of plastic ventilation products. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the company has transferred the significant risks and rewards of ownership to the buyer; ∙the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.
| 2.3 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. Page 3
MEDALLION PLASTICS FABRICATIONS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.4 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.
| 2.5 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Office equipment | - | 33% | straight-line method
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.6 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Page 4
MEDALLION PLASTICS FABRICATIONS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.8 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.9 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.10 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
Page 5
MEDALLION PLASTICS FABRICATIONS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Office equipment
|  | £
| Cost or valuation |
| At 1 April 2024 | 10,107
| Additions | 1,040
| At 31 March 2025 | 11,147
| Depreciation |
| At 1 April 2024 | 9,050
| Charge for the year | 771
| At 31 March 2025 | 9,821
| Net book value |
| At 31 March 2025 | 1,326
| At 31 March 2024 | 1,057
5. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Stock | 6,274 | 6,082
|  | 6,274 | 6,082
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 6,274 | 25,832
| Other debtors | 453 | -
|  | 6,727 | 25,832
Page 6
MEDALLION PLASTICS FABRICATIONS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 275,300 | 306,900
|  | 275,300 | 306,900
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 10,918 | 10,465
| Corporation tax | - | 453
| Other taxation and social security | 7,465 | 10,434
| Other creditors | 149,624 | 184,975
| Accruals and deferred income | 2,550 | 2,550
|  | 170,557 | 208,877
9. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Authorised, allotted, called up and fully paid |  |
|  | 60 Ordinary A shares of £1 each | 60 | 60
|  | 40 Ordinary B shares of £1 each | 40 | 40
|  |  | 100 | 100
Page 7