PRECIS MARKETING LIMITED

Company Registration Number:
04000153 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

PRECIS MARKETING LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Additional notes
Balance sheet notes

PRECIS MARKETING LIMITED

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 0 58
Investments: 4 40,000 40,000
Total fixed assets: 40,000 40,058
Current assets
Cash at bank and in hand: 604 678
Total current assets: 604 678
Creditors: amounts falling due within one year: 5 ( 44,029 ) ( 44,029 )
Net current assets (liabilities): (43,425) (43,351)
Total assets less current liabilities: (3,425) ( 3,293)
Total net assets (liabilities): (3,425) (3,293)
Capital and reserves
Called up share capital: 200 200
Profit and loss account: (3,625 ) (3,493 )
Total Shareholders' funds: ( 3,425 ) (3,293)

The notes form part of these financial statements

PRECIS MARKETING LIMITED

Balance sheet statements

For the year ending 30 November 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.

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

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 27 August 2024
and signed on behalf of the board by:

Name: R Frost
Status: Director

The notes form part of these financial statements

PRECIS MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 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

PRECIS MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

PRECIS MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 7,765 7,765
Additions
Disposals
Revaluations
Transfers
At 30 November 2023 7,765 7,765
Depreciation
At 1 December 2022 7,707 7,707
Charge for year 58 58
On disposals
Other adjustments
At 30 November 2023 7,765 7,765
Net book value
At 30 November 2023 0 0
At 30 November 2022 58 58

PRECIS MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Fixed assets investments note

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition. Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss. All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

PRECIS MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 44,029 44,029
Total 44,029 44,029