McLar Injection Moulding Ltd.

(Registration number: 03769411)
Balance Sheet as at 31 May 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	123,932	459,246
Current assets
Stocks	5	122,500	204,750
Debtors	6	311,064	231,627
Cash at bank and in hand		142,151	34,684
		575,715	471,061
Creditors: Amounts falling due within one year	7	(118,922)	(175,453)
Net current assets		456,793	295,608
Total assets less current liabilities		580,725	754,854
Provisions for liabilities		(30,983)	(36,843)
Net assets		549,742	718,011
Capital and reserves
Called up share capital		400	400
Capital redemption reserve		50	50
Retained earnings		549,292	717,561
Shareholders' funds		549,742	718,011

McLar Injection Moulding Ltd.

(Registration number: 03769411)
Balance Sheet as at 31 May 2026

For the financial year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 September 2026 and signed on its behalf by:
 

......................................... PH McDonald Director

McLar Injection Moulding Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Lloyd Street
Parkgate
Rotherham
South Yorkshire
S62 6JG

These financial statements were authorised for issue by the Board on 7 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

McLar Injection Moulding Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold property	2% on cost
Plant and machinery	15% on reducing balance
Motor vehicles	25% on reducing balance
Office equipment	33% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

McLar Injection Moulding Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 12 (2025 - 14).

McLar Injection Moulding Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 June 2025	369,657	538,041	31,001	938,699
Additions	-	3,332	-	3,332
Disposals	(369,657)	(9,250)	-	(378,907)
At 31 May 2026	-	532,123	31,001	563,124
Depreciation
At 1 June 2025	59,126	409,483	10,844	479,453
Charge for the year	-	18,723	5,039	23,762
Eliminated on disposal	(59,126)	(4,897)	-	(64,023)
At 31 May 2026	-	423,309	15,883	439,192
Carrying amount
At 31 May 2026	-	108,814	15,118	123,932
At 31 May 2025	310,531	128,558	20,157	459,246

Included within the net book value of land and buildings above is £Nil (2025 - £310,531) in respect of freehold land and buildings.
 

McLar Injection Moulding Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

5

Stocks

	2026 £	2025 £
Work in progress	-	112,750
Other inventories	122,500	92,000
	122,500	204,750

6

Debtors

Current	2026 £	2025 £
Trade debtors	169,285	180,054
Prepayments	672	251
Other debtors	141,107	51,322
	311,064	231,627

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	64,569	70,095
Taxation and social security	32,816	83,625
Accruals and deferred income	7,799	5,089
Other creditors	13,738	16,644
	118,922	175,453

McLar Injection Moulding Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

8	Related party transactions

Transactions with directors

2026	At 1 June 2025 £	Advances to director £	Repayments by director £	At 31 May 2026 £
PH McDonald
Interest has been charged at 2.25%. There are no conditions attached to this loan.	51,322	130,789	(61,339)	120,772

2025	At 1 June 2024 £	Advances to director £	Repayments by director £	At 31 May 2025 £
PH McDonald
Interest has been charged at 2.25%. There are no conditions attached to this loan.	91,806	51,322	(91,806)	51,322