REGISTERED NUMBER: 01469316 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

P.15 Plastics Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L D Smith

REGISTERED OFFICE:

Unit 26-27 Leeside

Merrylees Industrial Estate

Desford

Leicestershire

LE9 9FS

REGISTERED NUMBER:

01469316 (England and Wales)

ACCOUNTANTS:

Clayton & Brewill

Chartered Accountants

Cawley House

149-155 Canal Street

Nottingham

Nottinghamshire

NG1 7HR

FIXED ASSETS

Tangible assets

4

-

1,137

CURRENT ASSETS

Debtors

5

67,028

80,528

Cash at bank

7,459

5,680

74,487

86,208

CREDITORS

Amounts falling due within one year

6

8,000

11,049

NET CURRENT ASSETS

66,487

75,159

TOTAL ASSETS LESS CURRENT LIABILITIES

66,487

76,296

CREDITORS

Amounts falling due after more than one year

7

-

(7,500

)

PROVISIONS FOR LIABILITIES

-

(284

)

NET ASSETS

66,487

68,512

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

9

65,487

67,512

SHAREHOLDERS' FUNDS

66,487

68,512

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 29 July 2026 and were signed by:

L D Smith - Director

1.	STATUTORY INFORMATION

P.15 Plastics 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.

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.

Tangible fixed assets

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

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

10,215

316

525

11,056

Disposals

(10,215

)

(316

)

(525

)

(11,056

)

At 31 March 2026

-

-

-

-

DEPRECIATION

At 1 April 2025

9,254

250

415

9,919

Charge for year

192

13

22

227

Eliminated on disposal

(9,446

)

(263

)

(437

)

(10,146

)

At 31 March 2026

-

-

-

-

NET BOOK VALUE

At 31 March 2026

-

-

-

-

At 31 March 2025

961

66

110

1,137

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed by group undertakings

67,028

80,528

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

7,500

10,000

Tax

-

549

Accrued expenses

500

500

8,000

11,049

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

-

7,500

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1,000

Ordinary

1

1,000

1,000

9.

RESERVES

Retained

earnings

£

At 1 April 2025

67,512

Deficit for the year

(2,025

)

At 31 March 2026

65,487

10.	ULTIMATE CONTROLLING PARTY

The controlling party is L & J Displays Limited.

The ultimate controlling party is Mr & Mrs L Smith.