Tripleplas Machinery Sales Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 00987100

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		12,452		13,604

			12,452		13,604
CURRENT ASSETS
Debtors	5	190,668		959,829
Cash at bank and in hand		129,383		92,708

		320,051		1,052,537
Creditors: Amounts Falling Due Within One Year	6	(323,512 )		(1,125,745 )

NET CURRENT ASSETS (LIABILITIES)			(3,461 )		(73,208 )

TOTAL ASSETS LESS CURRENT LIABILITIES			8,991		(59,604 )

NET ASSETS/(LIABILITIES)			8,991		(59,604 )

CAPITAL AND RESERVES
Called up share capital			1,020		1,020
Share premium account			14,490		14,490
Profit and Loss Account			(6,519 )		(75,114 )

SHAREHOLDERS' FUNDS			8,991		(59,604)

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Tripleplas Machinery Sales Limited

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S Heddon

Director

26/11/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Tripleplas Machinery Sales Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00987100 . The registered office is 5 Cornfield Terrace, Eastbourne, East Sussex, BN21 4NN.

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

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Significant judgements and estimations

No significant judgements have had to be made by the directors in preparing these financial statements.

No key assumptions have had to be made by the directors in preparing these financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

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

Motor Vehicles	25% on reducing balance
Fixtures & Fittings	15% on straight line

Tangible fixed assets held for the company’s own use are stated at cost less accumulated depreciation and accumulated impairment losses.

Assets held under finance leases are depreciated in the same way as owned assets.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

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Tripleplas Machinery Sales Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

2.5. Leasing and Hire Purchase Contracts

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2.6. 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.

2.7. Taxation

Taxation represents the sum of the tax currently payable and deferred tax.

The company's liability to tax is calculated using the tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of the assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period to which the liability is settled or the asset realised, based on tax rates and laws that have been enacted or substantively enacted by the end of the reporting period.

2.8. Pensions

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. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 3 (2024: 3)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 May 2024	21,246	42,670	63,916
Additions	-	1,643	1,643

As at 30 April 2025	21,246	44,313	65,559

Depreciation
As at 1 May 2024	14,524	35,788	50,312
Provided during the period	1,680	1,115	2,795

As at 30 April 2025	16,204	36,903	53,107

Net Book Value
As at 30 April 2025	5,042	7,410	12,452

As at 1 May 2024	6,722	6,882	13,604

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Tripleplas Machinery Sales Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	185,286	922,268
Other debtors	1,892	1,825
Prepayments	3,490	2,782
Corporation tax recoverable assets	-	32,954

	190,668	959,829

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	9,590	65,726
Corporation tax	23,222	-
Other taxes and social security	9,027	3,141
VAT	44,517	60,168
Other creditors	235,655	995,240
Accruals and deferred income	1,450	1,395
Directors' loan accounts	51	75

	323,512	1,125,745

7. Pension Commitments

The company operates a defined contribution pension scheme for the employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £0 (2024 - £635) were due to the fund. They are included in Other Creditors.

8. Directors Advances, Credits and Guarantees

During the year, Mr S Heddon, a director of the company provided the company with a loan. The balance outstanding at the year end was £51 (2024 - £75) and included in creditors. This loan is unsecured, interest free and repayable on demand.

9. Related Party Transactions

Included in other debtors is an amount of £1,892 (2024 - £1,825) owing to Tripleplas Limited a company under common control. This amount is unsecured, interest free and repayable.

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