REGISTERED NUMBER: 12375979 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th November 2025

for

Auto-Plas Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J Harris

REGISTERED OFFICE:

213 London Road

Hadleigh

Benfleet

Essex

SS7 2RD

REGISTERED NUMBER:

12375979 (England and Wales)

ACCOUNTANTS:

Field & Co LLP

213 London Road

Hadleigh

Benfleet

Essex

SS7 2RD

FIXED ASSETS

Intangible assets

4

60,040

66,696

Tangible assets

5

130,049

166,703

Investments

6

11,056

11,056

201,145

244,455

CURRENT ASSETS

Stocks

7

35,000

35,000

Debtors

8

85,813

117,659

Cash at bank

35,752

82,617

156,565

235,276

CREDITORS

Amounts falling due within one year

9

326,402

386,268

NET CURRENT LIABILITIES

(169,837

)

(150,992

)

TOTAL ASSETS LESS CURRENT LIABILITIES

31,308

93,463

CREDITORS

Amounts falling due after more than one year

10

(38,628

)

(55,880

)

PROVISIONS FOR LIABILITIES

12

(24,709

)

(31,674

)

NET (LIABILITIES)/ASSETS

(32,029

)

5,909

CAPITAL AND RESERVES

Called up share capital

13

5

5

Retained earnings

14

(32,034

)

5,904

SHAREHOLDERS' FUNDS

(32,029

)

5,909

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30th November 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24th August 2026 and were signed by:

Mr J Harris - Director

1.	STATUTORY INFORMATION

Auto-Plas Ltd 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

10% on cost

Motor vehicles

-

25% on cost

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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 8 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st December 2024

and 30th November 2025

99,847

AMORTISATION

At 1st December 2024

33,151

Amortisation for year

6,656

At 30th November 2025

39,807

NET BOOK VALUE

At 30th November 2025

60,040

At 30th November 2024

66,696

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st December 2024

and 30th November 2025

186,726

99,815

542

287,083

DEPRECIATION

At 1st December 2024

73,969

46,194

217

120,380

Charge for year

18,672

17,874

108

36,654

At 30th November 2025

92,641

64,068

325

157,034

NET BOOK VALUE

At 30th November 2025

94,085

35,747

217

130,049

At 30th November 2024

112,757

53,621

325

166,703

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st December 2024

and 30th November 2025

72,000

99,815

171,815

DEPRECIATION

At 1st December 2024

38,218

46,194

84,412

Charge for year

11,217

17,874

29,091

At 30th November 2025

49,435

64,068

113,503

NET BOOK VALUE

At 30th November 2025

22,565

35,747

58,312

At 30th November 2024

33,782

53,621

87,403

6.	FIXED ASSET INVESTMENTS

Other

loans

£

At 1st December 2024

and 30th November 2025

11,056

7.

STOCKS

30/11/25

30/11/24

£

£

Stocks

35,000

35,000

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/25

30/11/24

£

£

Trade debtors

85,813

117,659

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/25

30/11/24

£

£

Bank loans and overdrafts (see note 11)

10,127

7,855

Hire purchase contracts

10,107

22,526

Trade creditors

20,984

7,759

Taxation and social security

5,099

14,307

Other creditors

280,085

333,821

326,402

386,268

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/11/25

30/11/24

£

£

Bank loans (see note 11)

-

7,145

Hire purchase contracts

38,628

48,735

38,628

55,880

11.

LOANS

An analysis of the maturity of loans is given below:

30/11/25

30/11/24

£

£

Amounts falling due within one year or on demand:

Bank loans

10,127

7,855

Other loans

212,504

238,921

222,631

246,776

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

7,145

12.	PROVISIONS FOR LIABILITIES

30/11/25

30/11/24

£

£

Deferred tax

24,709

31,674

Deferred

tax

£

Balance at 1st December 2024

31,674

Provided during year

(6,965

)

Balance at 30th November 2025

24,709

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/11/25

30/11/24

value:

£

£

1

Ordinary Shares

£1

1

1

1

Ordinary "A" Shares

£1

1

1

1

Ordinary "B" Shares

£1

1

1

1

Ordinary "C" Shares

£1

1

1

1

Ordinary "D" Shares

£1

1

1

5

5

14.

RESERVES

Retained

earnings

£

At 1st December 2024

5,904

Deficit for the year

(37,938

)

At 30th November 2025

(32,034

)