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REGISTERED NUMBER: NI064142 (Northern Ireland)















DONITE PLASTICS LTD

Unaudited Financial Statements for the Year Ended 30 September 2025





Cooper Parry Advisory Limited
Unit 7 Dyehouse
Linen Green
Dungannon
Co. Tyrone
BT71 7HB








DONITE PLASTICS LTD (REGISTERED NUMBER: NI064142)






Contents of the Financial Statements
for the Year Ended 30 September 2025




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


DONITE PLASTICS LTD

Company Information
for the Year Ended 30 September 2025







DIRECTORS: Michael Knight
Stephen Kissick
Patrick Knight





REGISTERED OFFICE: 8 Station Road
Saintfield
Co. Down
BT24 7DU





REGISTERED NUMBER: NI064142 (Northern Ireland)





ACCOUNTANTS: Cooper Parry Advisory Limited
Unit 7 Dyehouse
Linen Green
Dungannon
Co. Tyrone
BT71 7HB
1
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Donite Plastics Ltd

The following reproduces the text of the report prepared for the directors in respect of the Company's annual unaudited financial statements. In accordance with the Companies Act 2006, the Company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.


In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the Company for the year ended 30 September 2025 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

You have acknowledged on the Statement of Financial Position as at 30 September 2025 your duty to ensure that the Company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the Company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.






Cooper Parry Advisory Limited
Unit 7 Dyehouse
Linen Green
Dungannon
Co. Tyrone
BT71 7HB


4 August 2026

This page does not form part of the statutory financial statements

2
DONITE PLASTICS LTD (REGISTERED NUMBER: NI064142)

Statement of Financial Position
30 September 2025

30/9/25 30/9/24
Notes £    £   
NON-CURRENT ASSETS
Intangible assets 5 1,000 2,000
Property, plant and equipment 6 1,176,788 1,250,039
1,177,788 1,252,039

CURRENT ASSETS
Inventories 360,773 410,773
Receivables 7 1,268,346 1,088,198
Cash at bank and in hand 346,856 136,446
1,975,975 1,635,417
PAYABLES
Amounts falling due within one year 8 (385,652 ) (381,722 )
NET CURRENT ASSETS 1,590,323 1,253,695
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,768,111
2,505,734

PAYABLES
Amounts falling due after more than
one year
9
(115,740
)
(170,295
)

PROVISIONS FOR LIABILITIES (265,933 ) (298,443 )

GOVERNMENT GRANTS (8,298 ) (11,065 )
NET ASSETS 2,378,140 2,025,931

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,378,138 2,025,929
2,378,140 2,025,931

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 September 2025 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 notes form part of these financial statements

3
DONITE PLASTICS LTD (REGISTERED NUMBER: NI064142)

Statement of Financial Position - continued
30 September 2025


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 Board of Directors and authorised for issue on 4 August 2026 and were signed on its behalf by:





Michael Knight - Director


The notes form part of these financial statements

4
DONITE PLASTICS LTD (REGISTERED NUMBER: NI064142)

Notes to the Financial Statements
for the Year Ended 30 September 2025

1. STATUTORY INFORMATION

Donite Plastics Ltd is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

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 accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

Revenue
Revenue comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax. Revenue is recognised upon delivery of the goods to the customer.

Goodwill
Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Statement of Financial Position and amortised on a straight line basis over its economic useful life of 10 years, which is estimated to be the period during which benefits are expected to arise. On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Nil
Plant and machinery - 20% reducing balance
Fixtures and fittings - 33% straight line
Motor vehicles - 25% straight line
Computer equipment - 25% straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if
events or changes in circumstances indicate the carrying value may not be recoverable.

Inventories
Inventories are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing inventories to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

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 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.


5
DONITE PLASTICS LTD (REGISTERED NUMBER: NI064142)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2025

3. ACCOUNTING POLICIES - continued
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.

Research and development
Development expenditure is written off to the Income Statement in the year in which it is incurred.

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.

Property, plant and equipment held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Statement of Financial Position at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Income Statement.

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.

Cash flow statement
The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

Government grants
Capital grants received and receivable are treated as deferred income and amortised to the Income Statement annually over the useful economic life of the asset to which it relates. Revenue grants are credited to the Income Statement when received.

Patents
Patents are valued at cost less accumulated amortisation.

Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 10 years.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2024 - 34 ) .

6
DONITE PLASTICS LTD (REGISTERED NUMBER: NI064142)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2025

5. INTANGIBLE FIXED ASSETS
Patents
and
Goodwill licences Totals
£    £    £   
COST
At 1 October 2024
and 30 September 2025 103,000 10,000 113,000
AMORTISATION
At 1 October 2024 103,000 8,000 111,000
Amortisation for year - 1,000 1,000
At 30 September 2025 103,000 9,000 112,000
NET BOOK VALUE
At 30 September 2025 - 1,000 1,000
At 30 September 2024 - 2,000 2,000

6. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 October 2024 157,204 2,089,908 246,694
Additions 121,069 - -
At 30 September 2025 278,273 2,089,908 246,694
DEPRECIATION
At 1 October 2024 - 1,086,042 238,228
Charge for year - 228,500 5,880
At 30 September 2025 - 1,314,542 244,108
NET BOOK VALUE
At 30 September 2025 278,273 775,366 2,586
At 30 September 2024 157,204 1,003,866 8,466

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2024 73,300 44,981 2,612,087
Additions 66,935 7,265 195,269
At 30 September 2025 140,235 52,246 2,807,356
DEPRECIATION
At 1 October 2024 18,579 19,199 1,362,048
Charge for year 22,067 12,073 268,520
At 30 September 2025 40,646 31,272 1,630,568
NET BOOK VALUE
At 30 September 2025 99,589 20,974 1,176,788
At 30 September 2024 54,721 25,782 1,250,039

7
DONITE PLASTICS LTD (REGISTERED NUMBER: NI064142)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2025

7. RECEIVABLES
30/9/25 30/9/24
£    £   
Trade receivables 738,999 1,087,511
Amounts owed by group undertakings 500,000 -
Other receivables 29,347 687
1,268,346 1,088,198

8. PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/25 30/9/24
£    £   
Hire purchase contracts 55,200 55,786
Trade payables 209,152 204,110
Taxation and social security 108,114 109,859
Other payables 13,186 11,967
385,652 381,722

9. PAYABLES: AMOUNTS FALLING DUE AFTER ONE YEAR
30/9/25 30/9/24
£    £   
Hire purchase contracts 115,740 170,295

The bank loan has been secured by way of an all monies floating charge over the assets of the company.

Hire purchase liabilities are secured on the assets to which they relate.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, a balance of £20,185 (2024 - £687) was due to the company by the directors.

8