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REGISTERED NUMBER: 02310339 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 31st January 2026

for

Masterbuild Plastics Limited
Masterbuild Plastics Limited (Registered number: 02310339)

Contents of the Financial Statements
for the Year Ended 31st January 2026










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Masterbuild Plastics Limited

Company Information
for the Year Ended 31st January 2026







DIRECTOR: P R Kirby





REGISTERED OFFICE: 29 High Street
Blue Town
SHEERNESS
Kent
ME12 1RN





REGISTERED NUMBER: 02310339 (England and Wales)





ACCOUNTANTS: Blain Pritchard
Chartered Certified Accountants
29 High Street
Blue Town
SHEERNESS
Kent
ME12 1RN
Page 1
Masterbuild Plastics Limited (Registered number: 02310339)

Balance Sheet
31st January 2026

2026 2025
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 90,903 38,866
Investments 5 177,742 158,774
Investment property 6 256,070 256,070
524,715 453,710

CURRENT ASSETS
Stocks 246,927 257,371
Debtors 7 113,948 94,554
Cash at bank and in hand 403,472 344,741
764,347 696,666
CREDITORS
Amounts falling due within one year 8 214,698 172,840
NET CURRENT ASSETS 549,649 523,826
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,074,364
977,536

PROVISIONS FOR LIABILITIES 27,476 22,589
NET ASSETS 1,046,888 954,947

CAPITAL AND RESERVES
Called up share capital 123 123
Retained earnings 1,046,765 954,824
SHAREHOLDERS' FUNDS 1,046,888 954,947

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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 notes form part of these financial statements

Page 2 continued...
Masterbuild Plastics Limited (Registered number: 02310339)

Balance Sheet - continued
31st January 2026


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 7th August 2026 and were signed by:





P R Kirby - Director


The notes form part of these financial statements

Page 3
Masterbuild Plastics Limited (Registered number: 02310339)

Notes to the Financial Statements
for the Year Ended 31st January 2026


1. STATUTORY INFORMATION

Masterbuild 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 as modified by the revaluation of certain assets.

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 etc - 25% on reducing balance, 20% on cost, 15% on reducing balance and 10% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 Profit and Loss Account, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 12 (2025 - 10 ) .

Page 4 continued...
Masterbuild Plastics Limited (Registered number: 02310339)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2026


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st February 2025 159,503
Additions 74,280
At 31st January 2026 233,783
DEPRECIATION
At 1st February 2025 120,637
Charge for year 22,243
At 31st January 2026 142,880
NET BOOK VALUE
At 31st January 2026 90,903
At 31st January 2025 38,866

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st February 2025 158,774
Revaluations 18,968
At 31st January 2026 177,742
NET BOOK VALUE
At 31st January 2026 177,742
At 31st January 2025 158,774

Cost or valuation at 31st January 2026 is represented by:

Other
investments
£   
Valuation in 2017 26,781
Valuation in 2018 2,731
Valuation in 2019 3,597
Valuation in 2020 (17,964 )
Valuation in 2021 24,989
Valuation in 2022 11,716
Valuation in 2023 (7,694 )
Valuation in 2024 11,100
Valuation in 2025 3,518
Valuation in 2026 18,968
Cost 100,000
177,742

Page 5 continued...
Masterbuild Plastics Limited (Registered number: 02310339)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2026


5. FIXED ASSET INVESTMENTS - continued

If listed investments had not been revalued they would have been included at the following historical cost:

2026 2025
£    £   
Cost 100,000 100,000

Listed investments were valued on an open market basis on 5th April 2026 by abrdn .

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st February 2025
and 31st January 2026 256,070
NET BOOK VALUE
At 31st January 2026 256,070
At 31st January 2025 256,070

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Trade debtors 95,873 77,477
Other debtors 18,075 17,077
113,948 94,554

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Trade creditors 112,616 87,013
Taxation and social security 96,219 79,151
Other creditors 5,863 6,676
214,698 172,840

9. RELATED PARTY DISCLOSURES

The company trades from premises owned by P. Kirby Esq. who is a director of the company. This year the company has paid rent amounting to £60,000 to P Kirby Esq. and no amounts were outstanding at the year end.

Page 6