REGISTERED NUMBER: 02629314 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2026

for

Advanced Plastic Technology Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C J Sawyer

G A Ralph

D P O'Neill

SECRETARY:

D P O'Neill

REGISTERED OFFICE:

44 Potters Lane

Kiln Farm

Milton Keynes

Buckinghamshire

MK11 3HQ

REGISTERED NUMBER:

02629314 (England and Wales)

ACCOUNTANTS:

Connolly Accountants & Business Advisors Ltd

Chartered Certified Accountants

The Stable Yard

25-33 Vicarage Road

Stony Stratford

Milton Keynes

Buckinghamshire

MK11 1BN

FIXED ASSETS

Tangible assets

4

67,388

96,916

CURRENT ASSETS

Stocks

188,467

253,104

Debtors

5

330,569

215,730

Cash at bank

48,335

47,536

567,371

516,370

CREDITORS

Amounts falling due within one year

6

700,013

428,819

NET CURRENT (LIABILITIES)/ASSETS

(132,642

)

87,551

TOTAL ASSETS LESS CURRENT LIABILITIES

(65,254

)

184,467

PROVISIONS FOR LIABILITIES

-

20,349

NET (LIABILITIES)/ASSETS

(65,254

)

164,118

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(65,256

)

164,116

SHAREHOLDERS' FUNDS

(65,254

)

164,118

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 23 August 2026 and were signed on its behalf by:

G A Ralph - Director

1.	STATUTORY INFORMATION

Advanced Plastic Technology 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.

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 & machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% 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

Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provision of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic Financial Assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised costs using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is a contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from related companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised costs, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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

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 17 (2025 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant &

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 June 2025

55,142

649,170

81,177

69,036

854,525

Additions

870

7,063

-

1,260

9,193

At 31 May 2026

56,012

656,233

81,177

70,296

863,718

DEPRECIATION

At 1 June 2025

33,695

604,983

76,593

42,338

757,609

Charge for year

5,686

19,384

4,132

9,519

38,721

At 31 May 2026

39,381

624,367

80,725

51,857

796,330

NET BOOK VALUE

At 31 May 2026

16,631

31,866

452

18,439

67,388

At 31 May 2025

21,447

44,187

4,584

26,698

96,916

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

253,712

154,526

Other debtors

76,857

61,204

330,569

215,730

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

201,450

145,589

Amounts owed to group undertakings

337,764

172,851

Taxation and social security

59,800

62,592

Other creditors

100,999

47,787

700,013

428,819

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

116,829

116,829

Between one and five years

1,012,518

1,129,347

1,129,347

1,246,176

8.	PENSION COMMITMENTS

The pension operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.

Contributions totalling £3,555 (2025: £6,476) were payable to the fund at the balance sheet date and are included within other creditors.

9.	ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of Derek O'Neill and Christopher Sawyer, directors and shareholders of Aston Trio Limited.