Born Again Plastics Recycling Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05764216 (England and Wales)

BORN AGAIN PLASTICS RECYCLING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

S P Hayward

REGISTERED OFFICE:

The Warehouse

Oak Ferrars Farm

Piltdown

Uckfield

East Sussex

TN22 3XR

REGISTERED NUMBER:

05764216 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

20 Eversley Road

Bexhill-on-Sea

East Sussex

TN40 1HE

FIXED ASSETS

Tangible assets

4

16,510

16,837

CURRENT ASSETS

Stocks

3,000

4,000

Debtors

5

30,273

16,628

33,273

20,628

CREDITORS

Amounts falling due within one year

6

45,364

33,661

NET CURRENT LIABILITIES

(12,091

)

(13,033

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,419

3,804

CREDITORS

Amounts falling due after more than one
year

7

-

(496

)

PROVISIONS FOR LIABILITIES

(3,137

)

(3,199

)

NET ASSETS

1,282

109

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

1,182

9

SHAREHOLDERS' FUNDS

1,282

109

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9th September 2026 and were signed by:

S P Hayward - Director

1.	STATUTORY INFORMATION

Born Again Plastics Recycling 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.	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 and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

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 Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1st April 2025

26,644

3,050

40,404

70,098

Additions

3,800

-

3,800

At 31st March 2026

30,444

3,050

40,404

73,898

DEPRECIATION

At 1st April 2025

24,724

2,300

26,237

53,261

Charge for year

1,144

150

2,833

4,127

At 31st March 2026

25,868

2,450

29,070

57,388

NET BOOK VALUE

At 31st March 2026

4,576

600

11,334

16,510

At 31st March 2025

1,920

750

14,167

16,837

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

18,269

11,205

Other debtors

12,004

5,423

30,273

16,628

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

4,578

8,313

Trade creditors

20,863

10,544

Taxation and social security

7,567

5,809

Other creditors

12,356

8,995

45,364

33,661

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans

-

496

8.	LEASING AGREEMENTS

The company has future operating lease commitments of £22,200 relating to rent payable.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

100

Ordinary

£1

100

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2026 and 31st March 2025:

2026

2025

£

S P Hayward

Balance outstanding at start of year

2,423

(72

)

Amounts advanced

-

23,487

Amounts repaid

(2,423

)

(20,992

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

2,423