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REGISTERED NUMBER: 09750707 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

PREVISION SYSTEMS LTD

PREVISION SYSTEMS LTD (BY SHARES) (REGISTERED NUMBER: 09750707)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Chartered Accountants' Report 4

PREVISION SYSTEMS LTD (BY SHARES)

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: A Mellor
Mrs A J Mellor





REGISTERED OFFICE: 7 Lower Brook Street
Oswestry
Shropshire
SY11 2HG





REGISTERED NUMBER: 09750707 (England and Wales)





ACCOUNTANTS: D.R.E. & Co. Limited
Chartered Accountants
7 Lower Brook Street
Oswestry
Shropshire
SY11 2HG

PREVISION SYSTEMS LTD (BY SHARES) (REGISTERED NUMBER: 09750707)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
£    £    £    £   
FIXED ASSETS 3,426 4,579

CURRENT ASSETS 50,701 49,540

CREDITORS
Amounts falling due within one year (19,972 ) (19,358 )
NET CURRENT ASSETS 30,729 30,182
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,155

34,761

CREDITORS
Amounts falling due after more than one
year

34,049

35,790
NET ASSETS/(LIABILITIES) 106 (1,029 )

CAPITAL AND RESERVES 106 (1,029 )

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2022 - 2 ) .

2. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
A Mellor
Balance outstanding at start of year 11,590 1,329
Amounts advanced 1,822 35,169
Amounts repaid (3,512 ) (24,908 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,900 11,590

Mrs A J Mellor
Balance outstanding at start of year 11,590 30,361
Amounts advanced 1,059 13,079
Amounts repaid (2,749 ) (31,850 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,900 11,590

Interest was charged and repaid at the rate of 2.5%.


PREVISION SYSTEMS LTD (BY SHARES) (REGISTERED NUMBER: 09750707)

BALANCE SHEET - continued
31 DECEMBER 2023



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by:





A Mellor - Director


CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PREVISION SYSTEMS LTD (BY SHARES)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Prevision Systems Ltd for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Prevision Systems Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Prevision Systems Ltd and state those matters that we have agreed to state to the Board of Directors of Prevision Systems Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Prevision Systems Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Prevision Systems Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Prevision Systems Ltd. You consider that Prevision Systems Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Prevision Systems Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






D.R.E. & Co. Limited
Chartered Accountants
7 Lower Brook Street
Oswestry
Shropshire
SY11 2HG


12 September 2024