Engineered Plastic Solutions Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10206963

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		45,040		57,992

			45,040		57,992
CURRENT ASSETS
Stocks	5	35,269		34,752
Debtors	6	169,122		168,267
Cash at bank and in hand		625,490		590,748

		829,881		793,767
Creditors: Amounts Falling Due Within One Year	7	(118,401 )		(143,835 )

NET CURRENT ASSETS (LIABILITIES)			711,480		649,932

TOTAL ASSETS LESS CURRENT LIABILITIES			756,520		707,924

Creditors: Amounts Falling Due After More Than One Year	8		-		(8,248 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	9		(11,260 )		(14,498 )

NET ASSETS			745,260		685,178

CAPITAL AND RESERVES
Called up share capital	10		4		4
Profit and Loss Account			745,256		685,174

SHAREHOLDERS' FUNDS			745,260		685,178

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Engineered Plastic Solutions Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs M T McDonagh

Director

15th July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Engineered Plastic Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10206963 . The registered office is Unit C5, Hilton Trading Estate, Hilton Lane Lanesfield, Wolverhampton, WV4 6DW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant and Machinery	20% reducing balance
Motor Vehicles	20% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording profit (when appropriate) and related costs as contract activity progresses.

2.6. Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Current and deferred tax liabilities are not discounted.

2.7. Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

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Engineered Plastic Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.8. Debtors

Short Term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

2.9. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price).

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 3)

4. Tangible Assets

	Plant and Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2025	6,146	85,420	91,566

As at 31 March 2026	6,146	85,420	91,566

Depreciation
As at 1 April 2025	4,452	29,122	33,574
Provided during the period	1,692	11,260	12,952

As at 31 March 2026	6,144	40,382	46,526

Net Book Value
As at 31 March 2026	2	45,038	45,040

As at 1 April 2025	1,694	56,298	57,992

5. Stocks

	2026	2025
	£	£
Stock	35,269	34,752

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	169,122	168,267

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	8,249	9,000
Trade creditors	45,244	63,427
Other creditors	6,043	3,790
Taxation and social security	58,865	67,618

	118,401	143,835

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Engineered Plastic Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	-	8,248

9. Deferred Taxation

The provision for deferred tax is made up as follows:

	2026	2025
	£	£
Other timing differences	11,260	14,498

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	4	4

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