Precedence Technologies Ltd 03725626 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is IT supplies and support Digita Accounts Production Advanced 6.30.9574.0 true 03725626 2023-04-01 2024-03-31 03725626 2024-03-31 03725626 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03725626 bus:Micro-entities 2023-04-01 2024-03-31 03725626 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 03725626 bus:FullAccounts 2023-04-01 2024-03-31 03725626 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03725626 bus:RegisteredOffice 2023-04-01 2024-03-31 03725626 bus:CompanySecretary1 2023-04-01 2024-03-31 03725626 bus:Director1 2023-04-01 2024-03-31 03725626 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03725626 countries:EnglandWales 2023-04-01 2024-03-31 03725626 2022-04-01 2023-03-31 03725626 2023-03-31 03725626 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 03725626

Precedence Technologies Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2024

 

Precedence Technologies Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

Precedence Technologies Ltd

Company Information

Director

S J Borrill

Company secretary

R M P McDonnell

Registered office

Technology House
36a Union Lane
Cambridge
CB4 1QB

Accountants

Tim Phillips & Co Ltd
Accountants
Cart House 2
Copley Hill Business Park
Cambridge Road
Babraham
Cambridge
CB22 3GN

 

Precedence Technologies Ltd

(Registration number: 03725626)
Balance Sheet as at 31 March 2024

2024
£

2023
£

Fixed assets

294,129

281,159

Current assets

162,692

164,690

Creditors: Amounts falling due within one year

(102,697)

(73,239)

Net current assets

59,995

91,451

Total assets less current liabilities

354,124

372,610

Accruals and deferred income

(3,250)

(3,000)

 

350,874

369,610

Capital and reserves

350,874

369,610

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Technology House
36a Union Lane
Cambridge
CB4 1QB

These financial statements were authorised for issue by the director on 11 September 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2023 - 6).

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 11 September 2024
 

 

Precedence Technologies Ltd

(Registration number: 03725626)
Balance Sheet as at 31 March 2024

.........................................
S J Borrill
Director

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.