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Registration number: 05163633

Mill Hill Plastics Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Mill Hill Plastics Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Mill Hill Plastics Ltd

Company Information

Directors | Mr N A Rustin Mrs B Rustin Mr C Rustin Dr C Rustin Ms S Rustin

Company secretary | Mrs B Rustin

Registered office | 4 Victoria Square St Albans Hertfordshire England AL1 3TF

Accountants | Jigna Dave MAAT, FCCA Chartered Certified Accountants25 Rocklands Drive Stanmore Middlesex HA7 2JD

Mill Hill Plastics Ltd

(Registration number: 05163633)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 2,649 | 3,203
Current assets |  |  |
Debtors | 5 | 3,929 | 9,903
Cash at bank and in hand |  | 20,580 | 18,212
|  | 24,509 | 28,115
Creditors: Amounts falling due within one year | 6 | (8,522) | (14,205)
Net current assets |  | 15,987 | 13,910
Total assets less current liabilities |  | 18,636 | 17,113
Provisions for liabilities |  | (503) | (609)
Net assets |  | 18,133 | 16,504
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | 18,033 | 16,404
Shareholders' funds |  | 18,133 | 16,504

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 April 2026 and signed on its behalf by:

......................................... Mr N A Rustin Director

Mill Hill Plastics Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 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:
4 Victoria Square
St Albans
Hertfordshire
AL1 3TF
England

The principal place of business is:
Conkers
99 Wise Lane
Mill Hill
London
London
NW7 2BD
England

These financial statements were authorised for issue by the Board on 16 April 2026.

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 or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Mill Hill Plastics Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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
Furniture, fittings and equipment | 15% per annum of book value
Office equipment | 25% per annum on cost

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Mill Hill Plastics Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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 directors) during the year, was 0 (2024 - 0).

Mill Hill Plastics Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 July 2024 | 11,996 | 11,996
Disposals | (1,189) | (1,189)
At 30 June 2025 | 10,807 | 10,807
Depreciation
At 1 July 2024 | 8,793 | 8,793
Charge for the year | 554 | 554
Eliminated on disposal | (1,189) | (1,189)
At 30 June 2025 | 8,158 | 8,158
Carrying amount
At 30 June 2025 | 2,649 | 2,649
At 30 June 2024 | 3,203 | 3,203

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 3,651 | 8,549
Other debtors | 278 | 1,354
| 3,929 | 9,903

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | - | 407
Taxation and social security | 2,699 | 2,590
Accruals and deferred income | 5,823 | 11,208
| 8,522 | 14,205

Mill Hill Plastics Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100