REGISTERED NUMBER: 03058928 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2025

FOR

NATION@L PAPER RECYCLING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

DG Armer

S Armer

REGISTERED OFFICE:

Portland House

13 Station Road

Kettering

Northamptonshire

NN15 7HH

REGISTERED NUMBER:

03058928 (England and Wales)

FIXED ASSETS

Tangible assets

4

84,206

93,641

CURRENT ASSETS

Stocks

21,320

43,037

Debtors

5

576,133

477,702

Cash at bank and in hand

2,592,226

2,420,831

3,189,679

2,941,570

CREDITORS

Amounts falling due within one year

6

2,635,262

2,417,335

NET CURRENT ASSETS

554,417

524,235

TOTAL ASSETS LESS CURRENT LIABILITIES

638,623

617,876

PROVISIONS FOR LIABILITIES

14,715

16,426

NET ASSETS

623,908

601,450

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

623,808

601,350

SHAREHOLDERS' FUNDS

623,908

601,450

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12th February 2026 and were signed on its behalf by:

DG Armer - Director

1.	STATUTORY INFORMATION

Nation@l Paper Recycling 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 its parent company.

Turnover

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

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company is party to only the basic financial instruments such as cash, trade debtors and creditors and loans. Instruments such as trade debtors and trade creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as bank loans, are measured at amortised cost using the effective interest rate.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 15 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1st November 2024

525,624

46,122

571,746

Additions

5,760

-

5,760

At 31st October 2025

531,384

46,122

577,506

DEPRECIATION

At 1st November 2024

447,476

30,629

478,105

Charge for year

12,012

3,183

15,195

At 31st October 2025

459,488

33,812

493,300

NET BOOK VALUE

At 31st October 2025

71,896

12,310

84,206

At 31st October 2024

78,148

15,493

93,641

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

492,051

368,532

Other debtors

84,082

109,170

576,133

477,702

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

395,055

347,301

Amounts owed to group undertakings

2,322,191

2,067,322

Taxation and social security

(89,995

)

(5,456

)

Other creditors

8,011

8,168

2,635,262

2,417,335

7.	RELATED PARTY DISCLOSURES