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Company Registration No. 13336539 (England and Wales)
PRECISION PROSEC LTD Unaudited accounts for the year ended 30 April 2024
PRECISION PROSEC LTD Unaudited accounts Contents
Page
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PRECISION PROSEC LTD Company Information for the year ended 30 April 2024
Director
Mr Nicholas Lambert
Company Number
13336539 (England and Wales)
Registered Office
4 Westwood Way Boston Spa Wetherby LS23 6DX England
Accountants
Sleek Accounting Ltd 4th Floor 205 Regent Street London W1B 4HB
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PRECISION PROSEC LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,751 
1,144 
Current assets
Debtors
11,270 
5,000 
Cash at bank and in hand
179,616 
170,075 
190,886 
175,075 
Creditors: amounts falling due within one year
(105,058)
(55,682)
Net current assets
85,828 
119,393 
Net assets
90,579 
120,537 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
90,578 
120,536 
Shareholders' funds
90,579 
120,537 
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 31 January 2025 and were signed on its behalf by
Mr Nicholas Lambert Director Company Registration No. 13336539
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PRECISION PROSEC LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
PRECISION PROSEC LTD is a private company, limited by shares, registered in England and Wales, registration number 13336539. The registered office is 4 Westwood Way, Boston Spa, Wetherby, LS23 6DX, 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:
Fixtures & fittings
33% Straight line
Computer equipment
33% Straight line
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
608 
1,218 
1,826 
Additions
1,999 
2,468 
4,467 
At 30 April 2024
2,607 
3,686 
6,293 
Depreciation
At 1 May 2023
283 
399 
682 
Charge for the year
350 
510 
860 
At 30 April 2024
633 
909 
1,542 
Net book value
At 30 April 2024
1,974 
2,777 
4,751 
At 30 April 2023
325 
819 
1,144 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
11,270 
5,000 
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PRECISION PROSEC LTD Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
15,172 
22,470 
Trade creditors
46,314 
8,231 
Taxes and social security
42,780 
22,734 
Other creditors
784 
461 
Loans from directors
8 
1,786 
105,058 
55,682 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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