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Company Registration No. 03868962 (England and Wales)
Precom Technologies Ltd Unaudited accounts for the year ended 31 March 2024
Precom Technologies Ltd Unaudited accounts Contents
Page
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Precom Technologies Ltd Company Information for the year ended 31 March 2024
Directors
Geoffrey Cartwright Darren Cartwright
Company Number
03868962 (England and Wales)
Registered Office
3 CHESTNUT COURT FFORDD Y PARC, PARC MENAI BANGOR GWYNEDD LL57 4FH
Accountants
Abacus Accountants 9 Ruthin Road Denbigh Denbighshire LL16 3EH
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Precom Technologies Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,755 
10,320 
Current assets
Debtors
8,065 
7,633 
Cash at bank and in hand
25,131 
68,288 
33,196 
75,921 
Creditors: amounts falling due within one year
(15,303)
(50,616)
Net current assets
17,893 
25,305 
Net assets
26,648 
35,625 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
26,548 
35,525 
Shareholders' funds
26,648 
35,625 
For the 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. 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 27 November 2024 and were signed on its behalf by
Darren Cartwright Director Company Registration No. 03868962
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Precom Technologies Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Precom Technologies Ltd is a private company, limited by shares, registered in England and Wales, registration number 03868962. The registered office is 3 CHESTNUT COURT, FFORDD Y PARC, PARC MENAI, BANGOR, GWYNEDD, LL57 4FH.
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:
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
1,324 
4,449 
12,852 
18,625 
At 31 March 2024
1,324 
4,449 
12,852 
18,625 
Depreciation
At 1 April 2023
1,231 
2,013 
5,061 
8,305 
Charge for the year
17 
146 
1,402 
1,565 
At 31 March 2024
1,248 
2,159 
6,463 
9,870 
Net book value
At 31 March 2024
76 
2,290 
6,389 
8,755 
At 31 March 2023
93 
2,436 
7,791 
10,320 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
8,065 
7,633 
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Precom Technologies Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
5 
Trade creditors
7,752 
17,842 
Taxes and social security
8,234 
56,817 
Loans from directors
(683)
(24,048)
15,303 
50,616 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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