Prokol Polymers UK Ltd - Filleted accounts

Prokol Polymers UK Ltd
Registered number:		08693216
Balance Sheet
as at 31 December 2025

Notes			2025		2024
			£		£
Fixed assets
Tangible assets	3		20,619		37,689

Current assets
Stocks		404,119		259,274
Debtors	4	87,316		300,132
Cash at bank and in hand		497,988		231,682
		989,423		791,088

Creditors: amounts falling due within one year	5	(388,406)		(329,813)

Net current assets			601,017		461,275

Total assets less current liabilities			621,636		498,964

Creditors: amounts falling due after more than one year	6		(28,327)		(48,589)



Net assets			£593,309		£450,375

Capital and reserves
Called up share capital			100		100
Profit and loss account			593,209		450,275

Shareholders' funds			£593,309		£450,375

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J CRASKE
Director
Approved by the board on 10 June 2026

Prokol Polymers UK Ltd
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 as applied to small entities by section 1A of the standard. The Financial Reporting Standard applicable in the UK and Republic of Ireland.

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

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicles		Straight Line method @ 25%
	Plant and machinery		Straight Line method @ 25%
	Fixtures, fittings, tools and equipment		Straight Line method @ 25%

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. 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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous 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. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

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


2	Employees			2025	2024
				Number	Number

	Average number of persons employed by the company			2	2


3	Tangible fixed assets
		Fixtures & fittings	Plant and machinery etc	Motor vehicles	Total
		£	£	£	£
	Cost
	At 1 January 2025	33,698	19,063	65,505	118,266
	Additions	2,544	-	-	2,544
	At 31 December 2025	£36,242	£19,063	£65,505	£120,810

	Depreciation
	At 1 January 2025	31,299	17,311	31,967	80,577
	Charge for the year	2,361	876	16,377	19,614
	At 31 December 2025	£33,660	£18,187	£48,344	£100,191

	Net book value
	At 31 December 2025	£2,582	£876	£17,161	£20,619
	At 31 December 2024	£2,399	£1,752	£33,538	£37,689




4	Debtors			2025	2024
				£	£

	Trade debtors			80,305	262,475
	Other debtors			7,011	37,657
				£87,316	£300,132


5	Creditors: amounts falling due within one year			2025	2024
				£	£

	Bank loans and overdrafts			10,000	10,000
	Obligations under finance lease and hire purchase contracts			10,251	10,251
	Trade creditors			228,838	218,613
	Corporation tax			42,483	-
	Other taxes and social security costs			72,264	73,098
	Other creditors			24,570	17,851
				£388,406	£329,813


6	Creditors: amounts falling due after one year			2025	2024
				£	£

	Bank loans			-	10,011
	Obligations under finance lease and hire purchase contracts			28,327	38,578
				£28,327	£48,589


7	Other information

	Prokol Polymers UK Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	239 Bullsmoor Lane
	Enfield
	MIDDX
	EN1 4SB