REGISTERED NUMBER: 01980202 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Trafford Rubber Products Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTORS:

Mr P D Cliff

Miss L C Daly

REGISTERED OFFICE:

Greengate Works

Broadoak Industrial Estate

Ashburton Road West, Trafford Park

Manchester

M17 1RW

REGISTERED NUMBER:

01980202 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Limited

Chartered Accountants

St George's Court

Winnington Avenue

Northwich

Cheshire

CW8 4EE

FIXED ASSETS

Tangible assets

5

285,635

330,795

CURRENT ASSETS

Stocks

6

361,998

386,219

Debtors

7

6,555,732

6,259,566

Prepayments and accrued income

23,528

11,230

Cash at bank

167,050

120,341

7,108,308

6,777,356

CREDITORS

Amounts falling due within one year

8

(2,336,315

)

(1,624,652

)

NET CURRENT ASSETS

4,771,993

5,152,704

TOTAL ASSETS LESS CURRENT LIABILITIES

5,057,628

5,483,499

CREDITORS

Amounts falling due after more than one year

9

(188,644

)

(780,514

)

PROVISIONS FOR LIABILITIES

(67,408

)

(77,900

)

NET ASSETS

4,801,576

4,625,085

CAPITAL AND RESERVES

Called up share capital

11

31,066

31,066

Share premium

47,810

47,810

Capital redemption reserve

2,290

2,290

Retained earnings

4,720,410

4,543,919

SHAREHOLDERS' FUNDS

4,801,576

4,625,085

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 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 27 November 2025 and were signed on its behalf by:

Mr P D Cliff - Director

1.	STATUTORY INFORMATION

Trafford Rubber Products 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.	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 financial statements have been prepared under the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

1) The amount of revenue can be reliably measured;

2) it is probable that future economic benefits will flow to the entity;

3) and specific criteria have been met for each of the company's activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

20% on cost and 10% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is

determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid

investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of

change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing

borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of

transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss

Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2024 - 30 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 March 2024

407,311

334,122

45,868

787,301

Additions

13,461

-

-

13,461

At 28 February 2025

420,772

334,122

45,868

800,762

DEPRECIATION

At 1 March 2024

219,974

217,060

19,472

456,506

Charge for year

42,077

13,500

3,044

58,621

At 28 February 2025

262,051

230,560

22,516

515,127

NET BOOK VALUE

At 28 February 2025

158,721

103,562

23,352

285,635

At 29 February 2024

187,337

117,062

26,396

330,795

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 March 2024

19,983

135,000

45,868

200,851

Additions

13,057

-

-

13,057

At 28 February 2025

33,040

135,000

45,868

213,908

DEPRECIATION

At 1 March 2024

2,655

17,938

19,472

40,065

Charge for year

3,304

13,500

3,044

19,848

At 28 February 2025

5,959

31,438

22,516

59,913

NET BOOK VALUE

At 28 February 2025

27,081

103,562

23,352

153,995

At 29 February 2024

17,328

117,062

26,396

160,786

6.

STOCKS

2025

2024

£

£

Raw materials

361,998

386,219

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

817,840

946,381

Amounts owed by group undertakings

5,737,892

5,313,185

6,555,732

6,259,566

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 10)

758,986

820,782

Hire purchase contracts

114,239

95,772

Trade creditors

662,902

537,166

Amounts owed to group undertakings

624,000

1,738

Taxation and social security

82,294

80,778

Other creditors

93,894

88,416

2,336,315

1,624,652

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 10)

-

562,958

Hire purchase contracts

188,644

217,556

188,644

780,514

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

758,986

605,282

Bank loans

-

215,500

758,986

820,782

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

215,500

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

347,458

Bank borrowings

Bank borrowings are secured by way of a fixed and floating charge over all current and future assets of the company.

Other borrowings

Finance lease borrowings are secured against the assets to which they relate.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

31,066

Ordinary

1

31,066

31,066

12.	RELATED PARTY DISCLOSURES

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Trafford Rubber Group Limited.

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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Trafford Rubber Products Limited for the year ended 28 February 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Trafford Rubber Products Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Trafford Rubber Products Limited and state those matters that we have agreed to state to the Board of Directors of Trafford Rubber Products Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Trafford Rubber Products Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Trafford Rubber Products Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Trafford Rubber Products Limited. You consider that Trafford Rubber Products Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Trafford Rubber Products Limited. 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 statutory financial statements.

Bennett Brooks & Co Limited

Chartered Accountants

St George's Court

Winnington Avenue

Northwich

Cheshire

CW8 4EE

27 November 2025