RELIC PLASTIC CIC

Company limited by guarantee

Company Registration Number:
11852592 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2026

Period of accounts

Start date: 1 March 2025

End date: 28 February 2026

RELIC PLASTIC CIC

Contents of the Financial Statements

for the Period Ended 28 February 2026

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

RELIC PLASTIC CIC

Directors' report period ended 28 February 2026

The directors present their report with the financial statements of the company for the period ended 28 February 2026

Directors

The director shown below has held office during the whole of the period from
1 March 2025 to 28 February 2026

Martin Paley


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
8 June 2026

And signed on behalf of the board by:
Name: Martin Paley
Status: Director

RELIC PLASTIC CIC

Profit And Loss Account

for the Period Ended 28 February 2026

2026 2025


£

£
Turnover: 106,846 90,906
Cost of sales: ( 106,888 ) ( 74,924 )
Gross profit(or loss): (42) 15,982
Administrative expenses: ( 5,226 )
Operating profit(or loss): (42) 10,756
Interest receivable and similar income: 52
Profit(or loss) before tax: 10 10,756
Tax: ( 167 ) ( 3,279 )
Profit(or loss) for the financial year: (157) 7,477

RELIC PLASTIC CIC

Balance sheet

As at 28 February 2026

Notes 2026 2025


£

£
Fixed assets
Tangible assets: 3 2,943 3,707
Total fixed assets: 2,943 3,707
Current assets
Debtors: 4 12,996 16,323
Cash at bank and in hand: 32,174 20,989
Total current assets: 45,170 37,312
Creditors: amounts falling due within one year: 5 ( 16,572 ) ( 9,321 )
Net current assets (liabilities): 28,598 27,991
Total assets less current liabilities: 31,541 31,698
Total net assets (liabilities): 31,541 31,698
Members' funds
Profit and loss account: 31,541 31,698
Total members' funds: 31,541 31,698

The notes form part of these financial statements

RELIC PLASTIC CIC

Balance sheet statements

For the year ending 28 February 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 8 June 2026
and signed on behalf of the board by:

Name: Martin Paley
Status: Director

The notes form part of these financial statements

RELIC PLASTIC CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery 4 years Fixtures & fittings 4 years

RELIC PLASTIC CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 6 4

RELIC PLASTIC CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2025 17,134 17,134
Additions 1,485 1,485
Disposals
Revaluations
Transfers
At 28 February 2026 18,619 18,619
Depreciation
At 1 March 2025 13,427 13,427
Charge for year 2,249 2,249
On disposals
Other adjustments
At 28 February 2026 15,676 15,676
Net book value
At 28 February 2026 2,943 2,943
At 28 February 2025 3,707 3,707

RELIC PLASTIC CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

4. Debtors

2026 2025
£ £
Trade debtors 12,996 16,323
Total 12,996 16,323

RELIC PLASTIC CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

5. Creditors: amounts falling due within one year note

2026 2025
£ £
Trade creditors 1,392 270
Taxation and social security 6,976 8,603
Accruals and deferred income 210 195
Other creditors 7,994 253
Total 16,572 9,321

COMMUNITY INTEREST ANNUAL REPORT

RELIC PLASTIC CIC

Company Number: 11852592 (England and Wales)

Year Ending: 28 February 2026

Company activities and impact

This was an exciting year for Relic with a focus on our education and outreach work based in North Wales. We engaged with 1,810 people, who collectively made 640 products with Relic using 100 percent recycled plastic. This year we introduced an Education and Outreach Officer with thanks to part funding from Menter Mon, which has significantly increased our capacity to engage with the community. With this role in place, we’ve been able to organise and develop more educational workshops, site visits, and creative learning activities that have benefited a wide range of people locally. We’ve built relationships with local education establishments and organisations, developed new partnerships, and begun to grow a wider awareness and visibility of Relic in our new location in North Wales. Through our outreach, we’ve strengthened public understanding of the kerbside recycling system in Wales and increased awareness of the circular economy and its importance. As part of our outreach work this year we have - Offered bilingual presentations and interactive workshops to Primary and Secondary schools in Gwynedd and Anglesey, including Ysgol Pentreuchaf, Ysgol Bro Plenydd, Ysgol Eifionydd in Porthmadog, Ysgol Gynradd Amlwch, among others. - Made workshops accessible for individuals and groups with additional needs. We visited students at Ysgol Hafod lon, and spent half a day at Warws Werdd with individuals from Antur Waunfawr. - Delivered a hands-on session for young people supported by GISDA in Pwllheli. - Attended community events, fairs, and public engagement days such as Hongian Ffest, Sioe Dyffryn Ogwen, She Climbs at Plas y Brenin, to raise awareness of Relic and the circular economy. - Engaged with over 900 members of the public for a full week at the National Eisteddfod in Wrexham, offering the opportunity to shred and reform plastic from our stall. - Co-coordinated a Beach Clean Week involving four different schools across three beaches in Gwynedd and Ynys Mon, alongside Menter Mon as part of their -Mis cylchol-. - Collaborated with Snowdonia Gear Repair and Partneriaeth Ogwen, on a creative -Buttons Workshop- focused on reuse and repair. - Launched a mini murmuration project with Tanio Bermo, inviting Barmouth residents to mould recycled plastic birds for a collaborative installation. - Developed and delivered a Christmas decoration workshop for 40 pupils from Ysgol Rhosneigr, supported by a community drop in evening at Yr Orsaf, Penygroes to test some new festive moulds. - Delivered an online drop in lecture for Lancaster University business students Meet an Eco Innovator, sharing insights from our eco innovation journey. Since October, we have been using the TrydaNi electric community car to travel to and from our Education and Outreach events. This aligns well with our organisational values and has been practical too, offering more space and supporting our sustainability goals. In our shared building run by Partneriaeth Ogwen, we’ve also built a community where people share lunches and get to know each other in a welcoming environment. Through our manufacturing activities we have recycled over 700kg of plastic through partnerships with organisations such as Allday Goods, Gamenook, Enterprise Vision Awards, The Bay International Film Festival, Lancaster University, various schools, University of West of England, Masham Methodist Church, Public Materials and other partners we cannot publicly name. We have helped many small businesses or individuals get started on their journey using 100 percent recycled plastic made in our solar powered foundry. Throughout the year we have supported other Precious Plastic workspaces such as Mull, Sustainable Design Studio, Revive Innovations, Neston High School, EcoTribo, Are You MAD, Plastic Shed and Birnbeck Regeneration Trust supplying them with plastic material, equipment or technical advice. We have also helped other companies advising them of plastic recyclability, types and how they might set up a similar recycling workspace to deal with their own waste material.

Consultation with stakeholders

Local Citizens Since our move last year we have been connecting with our new local citizens through our outreach events such as the National Eisteddfod and Hongian Ffest. This has been highly beneficial being new to the area and was a great way to hear from a wide demographic of local people and their thoughts and knowledge of recycling in North Wales. We have had regular dialog with local schools, universities and Ffiws spaces, where we have gained valuable insight into their needs, agendas and challenges. This has enabled us to look at ways we can fill a gap through sharing our knowledge and giving them hands on learning experiences. Following each event we’ve asked teachers and organisers to fill in a short questionnaire with any feedback and or suggestions on what they’d like to see us offer in our workshops. Local businesses and organisations We have initiated conversations with several local businesses and organisations to understand our shared priorities, identify areas of overlap, and explore potential collaborative projects. Initial discussions have highlighted a strong appetite for joint action, shared resources, and community led environmental initiatives. In response, we are actively exploring ways to coordinate efforts and develop partnerships that will increase our collective impact. Some of these include: Partneriaeth Ogwen, Menter Mon, Pontio, DMM, Crest, Antur Waunfawr, Caergylchu (Cyngor Gwynedd) Snowdonia Gear Repair, Trash Free Trails and Xplore. Customers and Partnerships We are in regular conversation with B2B customers regarding the products and services we offer. We are constantly improving the quality and workflow of the products we make based on customer feedback. B2C sales have reduced due to a focus on B2B and relocation so we have had less consultation with individuals regarding this. We have also unfortunately left behind a number of partnerships due to relocation. International Precious Plastic community The wider Precious Plastic community is generally consulted informally through different channels such as social media, email and messages. The majority of consultation and actions surround the machinery we use and techniques, better enabling the ability to recycle plastic effectively across the globe.

Directors' remuneration

All details of Director's remuneration are detailed in our accounts. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director's loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 April 2026

And signed on behalf of the board by:
Name: Martin Paley
Status: Director