REGISTERED NUMBER: 01051687 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

EXPRESS POLYTHENE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Jones

C M Jones

A C Jones

P Jones

SECRETARY:

J M Jones

REGISTERED OFFICE:

79 - 107 Barford Street

Birmingham

West Midlands

B5 6AH

REGISTERED NUMBER:

01051687 (England and Wales)

ACCOUNTANTS:

Prime

Chartered Accountants

161 Newhall Street

Birmingham

B3 1SW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

36,601

-

36,601

CURRENT ASSETS

Stocks

-

184,148

Debtors

6

107,592

57,090

Cash at bank and in hand

679,049

518,295

786,641

759,533

CREDITORS

Amounts falling due within one year

7

41,062

66,620

NET CURRENT ASSETS

745,579

692,913

TOTAL ASSETS LESS CURRENT LIABILITIES

745,579

729,514

CAPITAL AND RESERVES

Called up share capital

20,000

20,000

Retained earnings

725,579

709,514

SHAREHOLDERS' FUNDS

745,579

729,514

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 13 May 2026 and were signed on its behalf by:

J M Jones - Director

1.	STATUTORY INFORMATION

Express Polythene 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Tangible fixed assets

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

Website Development costs

-

25% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

20,000

Disposals

(20,000

)

At 31 January 2026

-

AMORTISATION

At 1 February 2025

20,000

Eliminated on disposal

(20,000

)

At 31 January 2026

-

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Website

Fixtures

Development

and

Motor

Computer

costs

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2025

9,806

92,716

55,026

28,535

186,083

Disposals

(9,806

)

(92,716

)

(55,026

)

-

(157,548

)

At 31 January 2026

-

-

-

28,535

28,535

DEPRECIATION

At 1 February 2025

9,806

74,181

37,114

28,381

149,482

Charge for year

-

18,535

7,841

154

26,530

Eliminated on disposal

(9,806

)

(92,716

)

(44,955

)

-

(147,477

)

At 31 January 2026

-

-

-

28,535

28,535

NET BOOK VALUE

At 31 January 2026

-

-

-

-

-

At 31 January 2025

-

18,535

17,912

154

36,601

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

30,372

50,148

Other debtors

65,000

-

Directors' current accounts

12,220

-

Prepayments

-

6,942

107,592

57,090

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

-

28,373

Taxation and social security

37,199

38,247

Other creditors

3,863

-

41,062

66,620

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

-

2,600

Between one and five years

-

2,167

-

4,767