1 February 2023 false No description of principal activity Taxfiler 2023.14 8352127business:PrivateLimitedCompanyLtd2023-02-012024-01-31 83521272023-01-31 83521272023-02-012024-01-31 8352127business:AuditExemptWithAccountantsReport2023-02-012024-01-31 8352127business:FilletedAccounts2023-02-012024-01-31 83521272024-01-31 8352127business:Director12023-02-012024-01-31 8352127business:Director22023-02-012024-01-31 8352127business:CompanySecretary12023-02-012024-01-31 8352127business:RegisteredOffice2023-02-012024-01-31 83521272023-01-31 8352127core:WithinOneYear2024-01-31 8352127core:WithinOneYear2023-01-31 8352127countries:EnglandWales2023-02-012024-01-31 83521272022-02-012023-01-31 8352127business:Micro-entities2023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 8352127 (England and Wales)
L & R Precision Engineering Ltd Unaudited accounts for the year ended 31 January 2024
L & R Precision Engineering Ltd Annual report and unaudited accounts for the year ended 31 January 2024
CONTENTS
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L & R Precision Engineering Ltd Company Information for the year ended 31 January 2024
Directors
R Demczynski M Demczynska
Secretary
M Demczynska
Company Number
8352127 (England and Wales)
Registered Office
10 WATERDALE CLOSE HARDWICKE GLOUCESTER GL2 4JB
Accountants
Marc Austin Accountancy 40 Stonecote Ridge Bussage Stroud Gloucestershire GL6 8JY
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L & R Precision Engineering Ltd Statement of Financial Position as at 31 January 2024
2024 
2023 
£ 
£ 
Fixed assets
526,526 
253,104 
Current assets
262,052 
287,422 
Creditors: amounts falling due within one year
(448,262)
(207,966)
Net current (liabilities)/assets
(186,210)
79,456 
Total assets less current liabilities
340,316 
332,560 
Accruals and deferred income
(1,425)
(1,410)
Net assets
338,891 
331,150 
Capital and reserves
338,891 
331,150 
NOTES TO THE ACCOUNTS
1 Statutory information
L & R Precision Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 8352127. The registered office is 10 WATERDALE CLOSE, HARDWICKE, GLOUCESTER, GL2 4JB.
2 Guarantees and other financial commitments
On 10th February 2023, the company committed to the purchase of a wire electrical discharge machine (EDM) totalling £82,000 + VAT, net of part exchange allowances. This purchase is financed via a combination of existing cash reserves and a 60-month hire purchase agreement, which is secured against the wire EDM machine.
3 Average number of employees
During the year the average number of employees was 7 (2023: 7).
For the year ending 31 January 2024 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 7 March 2024
R Demczynski Director Company Registration No. 8352127
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