IRIS Accounts Production v26.1.10.61 07875085 director 1.4.25 31.3.26 31.3.26 26.6.2029 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07875085 2025-03-31 07875085 2026-03-31 07875085 2025-04-01 2026-03-31 07875085 2024-03-31 07875085 2024-04-01 2025-03-31 07875085 2025-03-31 07875085 ns15:EnglandWales 2025-04-01 2026-03-31 07875085 ns14:PoundSterling 2025-04-01 2026-03-31 07875085 ns10:Director1 2025-04-01 2026-03-31 07875085 ns10:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 07875085 ns10:SmallEntities 2025-04-01 2026-03-31 07875085 ns10:Audited 2025-04-01 2026-03-31 07875085 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 07875085 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 07875085 ns10:FullAccounts 2025-04-01 2026-03-31 07875085 ns10:OrdinaryShareClass1 2025-04-01 2026-03-31 07875085 ns10:RegisteredOffice 2025-04-01 2026-03-31 07875085 ns5:CurrentFinancialInstruments 2026-03-31 07875085 ns5:CurrentFinancialInstruments 2025-03-31 07875085 ns5:Non-currentFinancialInstruments 2026-03-31 07875085 ns5:Non-currentFinancialInstruments 2025-03-31 07875085 ns5:ShareCapital 2026-03-31 07875085 ns5:ShareCapital 2025-03-31 07875085 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 07875085 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 07875085 ns5:LandBuildings 2025-04-01 2026-03-31 07875085 ns5:PlantMachinery 2025-04-01 2026-03-31 07875085 ns5:LandBuildings 2025-03-31 07875085 ns5:PlantMachinery 2025-03-31 07875085 ns5:LandBuildings 2026-03-31 07875085 ns5:PlantMachinery 2026-03-31 07875085 ns5:LandBuildings 2025-03-31 07875085 ns5:PlantMachinery 2025-03-31 07875085 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-03-31 07875085 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 07875085 ns5:DeferredTaxation 2025-03-31 07875085 ns5:DeferredTaxation 2025-04-01 2026-03-31 07875085 ns5:DeferredTaxation 2026-03-31 07875085 ns10:OrdinaryShareClass1 2026-03-31 07875085 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 07875085 ns5:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31 07875085 1 2025-04-01 2026-03-31

REGISTERED NUMBER: 07875085 (England and Wales)

| Financial Statements |

| for the Year Ended 31 March 2026 |

| for |

| Plater Chemicals Properties Limited |

| Plater Chemicals Properties Limited (Registered number: 07875085) |

Contents of the Financial Statements

for the Year Ended 31 March 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Plater Chemicals Properties Limited |

Company Information

for the Year Ended 31 March 2026

| DIRECTOR: | B S Hendon

| REGISTERED OFFICE: | Alrewas House

| Main Street

| Alrewas

| Burton upon Trent

| Staffordshire

| DE13 7ED

| REGISTERED NUMBER: | 07875085 (England and Wales)

| SENIOR STATUTORY AUDITOR: | Susanna D Ault FCA FCCA

| AUDITORS: | Tomkinson Teal (Lichfield) LLP

| Hanover Court

| 5 Queen Street

| Lichfield

| Staffordshire

| WS13 6QD

| Plater Chemicals Properties Limited (Registered number: 07875085) |

Balance Sheet

31 March 2026

| 2026 |  | 2025

| Notes | £ | £ |

FIXED ASSETS

Property, plant and equipment | 5 | 3,870,768 |  | 3,823,888 |  |

CURRENT ASSETS

Debtors | 6 | 35,814 |  | 177 |  |

Cash at bank | 84 |  | 84 |  |

35,898 |  | 261 |  |

CREDITORS

Amounts falling due within one year | 7 | (35,778 | ) | (45,665 | ) |

NET CURRENT ASSETS/(LIABILITIES) | 120 |  | (45,404 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,870,888 |  | 3,778,484 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (2,055,103 | ) | (2,052,705 | ) |

PROVISIONS FOR LIABILITIES | 10 | (241,598 | ) | (247,099 | ) |

NET ASSETS | 1,574,187 |  | 1,478,680 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 100 |  | 100 |  |

Retained earnings | 12 | 1,574,087 |  | 1,478,580 |  |

SHAREHOLDERS' FUNDS | 1,574,187 |  | 1,478,680 |  |

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 June 2026 and were signed by:

B S Hendon - Director

| Plater Chemicals Properties Limited (Registered number: 07875085) |

Notes to the Financial Statements

for the Year Ended 31 March 2026

1. | STATUTORY INFORMATION

| Plater Chemicals Properties 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.

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

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.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Turnover

| Turnover represents rental income, excluding value added tax.

| Tangible fixed assets

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

| Land and buildings | - | 50 years straight line and Straight line over 20 years

| Plant and machinery etc | - | 50 years straight line

| Freehold land is not depreciated.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

| Operating lease income

| Rentals receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

| Plater Chemicals Properties Limited (Registered number: 07875085) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

3. | ACCOUNTING POLICIES - continued

| Going concern

| The Directors have considered going concern in preparing these financial statements through review of the Company's financial position. It has been considered that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the going concern basis of accounting has been adopted and no material uncertainties have been identified.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2025 - 1 ) .

5. | PROPERTY, PLANT AND EQUIPMENT

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 April 2025 | 2,122,158 |  | 2,750,000 |  | 4,872,158 |  |

| Additions | 140,184 |  | - |  | 140,184 |  |

| At 31 March 2026 | 2,262,342 |  | 2,750,000 |  | 5,012,342 |  |

| DEPRECIATION

| At 1 April 2025 | 422,636 |  | 625,634 |  | 1,048,270 |  |

| Charge for year | 38,304 |  | 55,000 |  | 93,304 |  |

| At 31 March 2026 | 460,940 |  | 680,634 |  | 1,141,574 |  |

| NET BOOK VALUE

| At 31 March 2026 | 1,801,402 |  | 2,069,366 |  | 3,870,768 |  |

| At 31 March 2025 | 1,699,522 |  | 2,124,366 |  | 3,823,888 |  |

| Included in cost of land and buildings is freehold land of £ 264,418 (2025 - £ 264,418 ) which is not depreciated.

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Amounts owed by group undertakings | 100 |  | 100 |  |

| Other debtors | 35,714 |  | 77 |  |

35,814 |  | 177 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Taxation and social security | 32,427 |  | 41,495 |  |

| Other creditors | 3,351 |  | 4,170 |  |

35,778 |  | 45,665 |  |

| Plater Chemicals Properties Limited (Registered number: 07875085) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Amounts owed to group undertakings | 2,055,103 |  | 2,052,705 |  |

9. | LEASING AGREEMENTS

| Commitments under operating leases.

| The company as lessor:

| At the year end, the company had contracted with tenants, under non-cancellable operating leases, for the following future minimum lease payments:

|  | 2026 |  |  | 2025 |  |

| £ |  |  | £ |  |

| Amounts receivable: |  |

| Less than one year |  | 300,000 |  |  | 300,000 |  |

| Between one and five years |  | 1,075,000 |  |  | 1,200,000 |  |

| More than 5 years |  | - |  |  | 175,000 |  |

|  | 1,375,000 |  |  | 1,675,000 |  |

| The operating leases represent one property rented to a related party. Leases are negotiated over an average term of 10 years from the date of inception and rentals are subject to review annually on the anniversary of the start of the lease term. There are no options in place for either party to extend the lease terms.

10. | PROVISIONS FOR LIABILITIES

2026 | 2025 |

£ | £ |

| Deferred tax | 241,598 |  | 247,099 |  |

| Deferred |

| tax |

£ |

| Balance at 1 April 2025 | 247,099 |  |

| Provided during year | (5,501 | ) |

| Balance at 31 March 2026 | 241,598 |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| Plater Chemicals Properties Limited (Registered number: 07875085) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

12. | RESERVES

| Retained

| earnings

£ |

| At 1 April 2025 | 1,478,580 |  |

| Profit for the year | 95,507 |  |

| At 31 March 2026 | 1,574,087 |  |

13. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Susanna D Ault FCA FCCA (Senior Statutory Auditor)

| for and on behalf of Tomkinson Teal (Lichfield) LLP

14. | ULTIMATE CONTROLLING PARTY

| The controlling party is Plater Chemicals Group Limited.

| The ultimate controlling party is B S Hendon.

| Plater Chemicals Group Limited's registered office is Alrewas House, Main Street, Alrewas, Burton upon Trent, Staffordshire, DE13 7ED.

| The Ultimate Parent company is Plater EMI Limited which owns 77.5% od the issued share capital of Plater Chemicals Group Limited.The registered office of Plater EMI Limited is Alrewas House, Main Street, Alrewas, Burton upon Trent, DE13 7ED.

| The consolidated financial statements in which Plater Chemicals Properties Limited are published are those prepared by Plater EMI Limited, which are available from Companies House.