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COMPANY REGISTRATION NUMBER: 13175283
PRECISION INVESTMENTS GROUP LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 December 2023
PRECISION INVESTMENTS GROUP LTD
FINANCIAL STATEMENTS
PERIOD FROM 1 FEBRUARY 2023 TO 31 DECEMBER 2023
Contents
Page
Officers and professional advisers
1
Statement of financial position and the notes to the financial statements
2
PRECISION INVESTMENTS GROUP LTD
OFFICERS AND PROFESSIONAL ADVISERS
The board of directors
J Walker
P Walker
Registered office
Precision House
Meridian East
Leicester
LE19 1WZ
Accountants
Wilkins Southworth
Chartered Certified Accountants
10-12 High Street
Barnes
London
SW13 9LW
PRECISION INVESTMENTS GROUP LTD
STATEMENT OF FINANCIAL POSITION
31 December 2023
31 Dec 23
31 Jan 23
£
£
Fixed assets
932,792
931,939
-----------
-----------
Current assets
144,573
148,962
Prepayments and accrued income
427
-
-----------
-----------
145,000
148,962
Creditors: amounts falling due within one year
( 879,294)
( 886,011)
-----------
-----------
NET CURRENT LIABILITIES
( 734,294)
( 737,049)
-----------
-----------
TOTAL ASSETS LESS CURRENT LIABILITIES
198,498
194,890
Creditors: amounts falling due after more than one year
( 177,274)
( 184,094)
Accruals and deferred income
( 8,281)
( 2,221)
-----------
-----------
12,943
8,575
-----------
-----------
Capital and reserves
12,943
8,575
---------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the period amounted to 1 (2023: Nil).
2. Charges on assets
A fixed charge over the company assets has been provided to the company's lenders in respect of a loan of £184,784.
For the period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 11 October 2024 , and are signed on behalf of the board by:
P Walker
Director
Company registration number: 13175283
The company is a private company limited by shares, registered in England and Wales.