REGISTERED NUMBER: 02434265 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

FOAM CONVERSION (U.K.) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J Oakley

M G Bibby

M A Oakley

K E Oakley

D Kinns

REGISTERED OFFICE:

8 & 9 Lyon Close

Woburn Road Industrial Estate

Kempston

Bedfordshire

MK42 7SB

REGISTERED NUMBER:

02434265 (England and Wales)

ACCOUNTANTS:

Thompsons Accountancy Services Ltd

2 Manor Farm Court Old Wolverton Road

Old Wolverton

Milton Keynes

Buckinghamshire

MK12 5NN

FIXED ASSETS

Tangible assets

5

262,384

274,374

CURRENT ASSETS

Stocks

42,000

37,000

Debtors

6

229,415

239,522

Cash at bank and in hand

140,782

70,789

412,197

347,311

CREDITORS

Amounts falling due within one year

7

245,118

261,476

NET CURRENT ASSETS

167,079

85,835

TOTAL ASSETS LESS CURRENT LIABILITIES

429,463

360,209

CREDITORS

Amounts falling due after more than one year

8

-

(1,667

)

PROVISIONS FOR LIABILITIES

(3,311

)

(4,089

)

NET ASSETS

426,152

354,453

CAPITAL AND RESERVES

Allotted, called up and fully

paid share capital

90

90

Capital redemption reserve

30

30

Retained earnings

426,032

354,333

426,152

354,453

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 July 2026 and were signed on its behalf by:

J Oakley - Director

1.	STATUTORY INFORMATION

Foam Conversion (U.K.) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover represents net invoiced sales of goods and services, excluding value added tax.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

5% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

15% 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.

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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

FOREIGN CURRENCIES

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2025 - 24 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

443,931

24,745

22,165

6,855

497,696

Additions

-

1,519

-

840

2,359

Disposals

-

(662

)

-

(376

)

(1,038

)

At 31 March 2026

443,931

25,602

22,165

7,319

499,017

DEPRECIATION

At 1 April 2025

185,914

15,119

17,044

5,245

223,322

Charge for year

8,878

3,584

1,113

761

14,336

Eliminated on disposal

-

(662

)

-

(363

)

(1,025

)

At 31 March 2026

194,792

18,041

18,157

5,643

236,633

NET BOOK VALUE

At 31 March 2026

249,139

7,561

4,008

1,676

262,384

At 31 March 2025

258,017

9,626

5,121

1,610

274,374

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

183,807

198,673

Other debtors

4,140

3,600

Directors' current accounts

4,114

4,214

Prepayments

37,354

33,035

229,415

239,522

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,667

10,000

Trade creditors

52,961

83,069

Tax

104,082

79,522

Social security and other taxes

31,314

32,270

VAT

23,018

20,025

Other creditors

13,228

16,809

Directors' current accounts

559

559

Accrued expenses

18,289

19,222

245,118

261,476

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

-

1,667

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The balance owed by the directors to the company at the start of the year end was £4,214, during the year a repayment of £100 was made leaving a closing balance due from directors of £4,114. The loan is interest free and repayable on demand.