PRECISION WORKS LTD

Company Registration Number:
12983323 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

PRECISION WORKS LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

PRECISION WORKS LTD

Company Information

for the Period Ended 31 October 2023




Director: Salman Azeem Buksh
Aly Adam
Registered office: 13
Pitts Road
Slough
Berkshire
GBR
SL1 3XG
Company Registration Number: 12983323 (England and Wales)

PRECISION WORKS LTD

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

Rent property

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
Salman Azeem Buksh
Aly Adam

This report was approved by the board of directors on 28 July 2024
And Signed On Behalf Of The Board By:

Name: Salman Azeem Buksh
Status: Director

Name: Aly Adam
Status: Director

PRECISION WORKS LTD

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 220,464 220,464
Total fixed assets: 220,464 220,464
Current assets
Debtors: 1,001 1,001
Cash at bank and in hand: 503 804
Total current assets: 1,504 1,805
Net current assets (liabilities): 1,504 1,805
Total assets less current liabilities: 221,968 222,269
Creditors: amounts falling due after more than one year: ( 220,753 ) ( 220,464 )
Accruals and deferred income: ( 250 )
Total net assets (liabilities): 1,215 1,555

The notes form part of these financial statements

PRECISION WORKS LTD

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,214 1,554
Shareholders funds: 1,215 1,555

For the year ending 31 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 July 2024
And Signed On Behalf Of The Board By:

Name: Salman Azeem Buksh
Status: Director

Name: Aly Adam
Status: Director

The notes form part of these financial statements

PRECISION WORKS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PRECISION WORKS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

PRECISION WORKS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

PRECISION WORKS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 220,464
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2023 220,464
Depreciation
At 01 November 2022 -
Charge for year -
On disposals -
Other adjustments -
At 31 October 2023 -
Net book value
At 31 October 2023 220,464
At 31 October 2022 220,464