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Registered number: 02569742
Polymer Systems Technology Limited
ACCOUNTS
FOR THE YEAR ENDED 31/12/2025
Prepared By:
MSD Accountancy Limited
Accountancy
48
Park View Dr Nth
Charvil Reading
Berkshire
RG10 9QY
Polymer Systems Technology Limited
ACCOUNTS
FOR THE YEAR ENDED 31/12/2025
DIRECTORS
Derek Williams-Wynn
REGISTERED OFFICE
Unit 2, Network 4
Cressex Business Park, Lincoln Road
High Wycombe
Buckinghamshire
HP12 3RF
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02569742
ACCOUNTANTS
MSD Accountancy Limited
Accountancy
48
Park View Dr Nth
Charvil Reading
Berkshire
RG10 9QY
Polymer Systems Technology Limited
ACCOUNTS
FOR THEYEARENDED31/12/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Polymer Systems Technology Limited
BALANCE SHEET AT 31/12/2025
20252024
Notes££
FIXED ASSETS
Tangible assets3876,888922,203
CURRENT ASSETS
Stock71,25071,250
Debtors5608,531651,824
Cash at bank and in hand2,646,5382,420,715
3,326,3193,143,789
CREDITORS: Amounts falling due within one year61,010,8381,210,591
NET CURRENT ASSETS2,315,4811,933,198
TOTAL ASSETS LESS CURRENT LIABILITIES3,192,3692,855,401
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account3,192,2692,855,301
SHAREHOLDERS' FUNDS3,192,3692,855,401
For the year ending 31/12/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28/09/2026 and signed on their behalf by
.............................
Derek Williams-Wynn
Director
Polymer Systems Technology Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Long Leasehold Properties %
Plant and Machinery %
Fixtures and Fittings %
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
2. EMPLOYEES
20252024
No.No.
Average number of employees1111
Polymer Systems Technology Limited
3. TANGIBLE FIXED ASSETS
Long LeaseholdPlant andFixtures
PropertiesMachineryand FittingsTotal
££££
Cost
At 01/01/2025856,307839,296235,5471,931,150
At 31/12/2025856,307839,296235,5471,931,150
Depreciation
At 01/01/202598,924708,305201,7181,008,947
For the year5,70931,1498,45745,315
At 31/12/2025104,633739,454210,1751,054,262
Net Book Amounts
At 31/12/2025751,67499,84225,372876,888
At 31/12/2024757,383130,99133,829922,203
4. STOCK 20252024
££
Stock comprises:
Stock71,25071,250
71,25071,250
5. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors582,031601,392
Other debtors2,0002,000
Prepayments24,50048,432
608,531651,824
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax182,869253,345
VAT80,37180,371
PAYE control9,0869,086
Trade creditors734,987860,689
Accruals3,5257,100
1,010,8381,210,591
Polymer Systems Technology Limited
7. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
New shares issued during period:
100 Ordinary shares of £1 each100100
-100