STH Plastics Limited - Accounts to registrar (filleted) - small 18.2

STH Plastics Limited - Accounts to registrar (filleted) - small 18.2

STH PLASTICS LIMITED - Company Information

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REGISTERED NUMBER: 08183046 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2019

FOR

STH PLASTICS LIMITED
Haines Watts
Chartered Accountants
10 Stadium Business Court
Millennium Way
Pride Park
Derby
DE24 8HP








STH PLASTICS LIMITED (REGISTERED NUMBER: 08183046)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STH PLASTICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2019







DIRECTORS: Mr S T Hill
Mrs P J Hill
Ms K A Hughes





REGISTERED OFFICE: Upperbrook Farm
Atlow Lane
Atlow
Ashbourne
Derbyshire
DE6 1NS





REGISTERED NUMBER: 08183046 (England and Wales)





ACCOUNTANTS: Haines Watts
Chartered Accountants
10 Stadium Business Court
Millennium Way
Pride Park
Derby
DE24 8HP
Page 1
STH PLASTICS LIMITED (REGISTERED NUMBER: 08183046)

BALANCE SHEET
30 SEPTEMBER 2019

2019 2018
Notes £ £ £ £
FIXED ASSETS
Investments 4 823,344 823,344

CURRENT ASSETS
Cash at bank 1 1

CREDITORS
Amounts falling due within one year 5 28,934 24,726
NET CURRENT LIABILITIES (28,933 ) (24,725 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
794,411
798,619

CREDITORS
Amounts falling due after more than one
year
6
793,954
797,854
NET ASSETS 457 765

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 357 665
SHAREHOLDERS' FUNDS 457 765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 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 29 June 2020 and were
signed on its behalf by:





Mr S T Hill - Director


The notes form part of these financial statements

Page 2
STH PLASTICS LIMITED (REGISTERED NUMBER: 08183046)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2019

1. STATUTORY INFORMATION

STH Plastics 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.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
In the opinion of the director, the company and its subsidiary undertakings comprise a small group. The
company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006
not to prepare group accounts.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 October 2018
and 30 September 2019 823,344
NET BOOK VALUE
At 30 September 2019 823,344
At 30 September 2018 823,344

Page 3 continued...
STH PLASTICS LIMITED (REGISTERED NUMBER: 08183046)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2019

4. FIXED ASSET INVESTMENTS - continued

The company owns 100% of the issued share capital of the companies listed below,

30/09/201930/09/2018
Aggregate capital and reserves
Adreco Limited490,163518,689

Profit and (loss) for the year
Adreco Limited(28,526)17,942

Under the provision of section 398 of the Companies Act 2006 the company is exempt from preparing
consolidated accounts and has not done so, therefore the accounts show information about the company as an
individual entity.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£ £
Directors' loan accounts 27,434 23,226
Accruals and deferred income 1,500 1,500
28,934 24,726

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2019 2018
£ £
Amounts owed to group undertakings 793,954 797,854

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2019 2018
value: £ £
100 Ordinary £1 100 100

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2019 and
30 September 2018:

2019 2018
£ £
Mr S T Hill
Balance outstanding at start of year 23,226 13,018
Amounts advanced 4,208 10,208
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 27,434 23,226

9. RELATED PARTY DISCLOSURES

The company was under the control of Mr S Hill and Mrs P Hill throughout the current & previous periods. Mr S
Hill is the managing director and joint shareholder with Mrs P Hill.

The company holds the entire share capital of Adreco Limited. In the year management charges were made to
Adreco Limited of £5,000 (2018: £11,000). The balance outstanding from Adreco Limited at the end of the
period, included in creditors, is £793,954 (2018: £797,854).

Page 4