REGISTERED NUMBER: 07886992 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Moulding Compounds Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M E Cordell

R J Randell

P J Randell

SECRETARY:

Ms D Randell

REGISTERED OFFICE:

C/O Glassbond (N.W) Limited,

West Side Industrial Estate, Jackson St

St Helens

Merseyside

WA9 3AT

REGISTERED NUMBER:

07886992 (England and Wales)

ACCOUNTANTS:

Cowgills Limited

2 Station View

Bramhall Moor Lane

Hazel Grove

Stockport

Cheshire

SK7 5ER

FIXED ASSETS

Tangible assets

4

231,212

134,618

CURRENT ASSETS

Stocks

502,380

335,742

Debtors

5

464,800

326,467

Cash at bank and in hand

180,460

367,529

1,147,640

1,029,738

CREDITORS

Amounts falling due within one year

6

252,256

210,659

NET CURRENT ASSETS

895,384

819,079

TOTAL ASSETS LESS CURRENT LIABILITIES

1,126,596

953,697

PROVISIONS FOR LIABILITIES

57,422

33,190

NET ASSETS

1,069,174

920,507

CAPITAL AND RESERVES

Called up share capital

3,168

3,168

Retained earnings

1,066,006

917,339

SHAREHOLDERS' FUNDS

1,069,174

920,507

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 6 October 2026 and were signed on its behalf by:

M E Cordell - Director

1.	STATUTORY INFORMATION

Moulding Compounds 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.

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.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 etc

-

25% on reducing balance and 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 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 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2025 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2025

226,189

Additions

128,666

At 28 February 2026

354,855

DEPRECIATION

At 1 March 2025

91,571

Charge for year

32,072

At 28 February 2026

123,643

NET BOOK VALUE

At 28 February 2026

231,212

At 28 February 2025

134,618

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

414,486

317,784

Other debtors

50,314

8,683

464,800

326,467

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade creditors

150,160

90,404

Amounts owed to group undertakings

59,763

66,564

Taxation and social security

15,785

29,823

Other creditors

26,548

23,868

252,256

210,659

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

28.2.26

28.2.25

£

£

Within one year

61,200

61,200

Between one and five years

132,600

193,800

193,800

255,000

8.	RELATED PARTY DISCLOSURES

The company is a wholly-owned subsidiary of Glassbond (NW) Limited, a company incorporated in England and Wales. At the year-end a balance of £59,763 (2025: £66,564) was due to the parent company.

9.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Glassbond (N.W.) Limited. The ultimate controlling party is Philip Randell.