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Company Registration No. 14180641 (England and Wales)
Precision Installs Ltd Unaudited accounts for the year ended 30 June 2024
Precision Installs Ltd Unaudited accounts Contents
Page
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Precision Installs Ltd Company Information for the year ended 30 June 2024
Directors
Frankie Bateman Emily Bateman
Company Number
14180641 (England and Wales)
Registered Office
35 BLACKPOOL ROAD BLACKPOOL FY2 0HT ENGLAND
Accountants
Ladybird Bookkeeping & Accounts 8 Warren Grove Thornton Cleveleys Lancashire FY5 3TX
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Precision Installs Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,905 
8,631 
Current assets
Cash at bank and in hand
91 
9,433 
Creditors: amounts falling due within one year
(8,461)
(6,668)
Net current (liabilities)/assets
(8,370)
2,765 
Net (liabilities)/assets
(1,465)
11,396 
Capital and reserves
Profit and loss account
(1,465)
11,396 
Shareholders' funds
(1,465)
11,396 
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2024 and were signed on its behalf by
Frankie Bateman Director Company Registration No. 14180641
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Precision Installs Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Precision Installs Ltd is a private company, limited by shares, registered in England and Wales, registration number 14180641. The registered office is 35 BLACKPOOL ROAD, BLACKPOOL, FY2 0HT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 July 2023
10,789 
At 30 June 2024
10,789 
Depreciation
At 1 July 2023
2,158 
Charge for the year
1,726 
At 30 June 2024
3,884 
Net book value
At 30 June 2024
6,905 
At 30 June 2023
8,631 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
3,662 
Loans from directors
8,461 
2,406 
Accruals
- 
600 
8,461 
6,668 
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Precision Installs Ltd Notes to the Accounts for the year ended 30 June 2024
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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