WORLD PRECISION INSTRUMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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WORLD PRECISION INSTRUMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
The loan is secured by the first legal charge over the commercial property known as 1 Hunting Gate, Hitchin, Hertfordshire, SG4 0TJ dated 20th May 2011.
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WORLD PRECISION INSTRUMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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WORLD PRECISION INSTRUMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in independently administered funds. The pension cost charge represents contributions payable by the Company to the funds and amounted to £17,338 (2023 - £68,987). Contributions totalling £nil (2023: £52,498) were payable to the fund at the reporting date and are included in creditors.
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WORLD PRECISION INSTRUMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
The controlling party is World Precision Instruments LLC, being the 100% shareholder, a company incorporated in the United States of America.
We have undertaken the audit in accordance with the requirements of Financial Reporting Council's Ethical Standards, including 'FRC Ethical Standards - Provisions Available for Audits of Small Entities (PAASE)'. In common with many other businessess of this size and nature, the Company uses our firm to prepare the payroll, submit corporation tax returns, and assist with the preparation of the financial statements.
The audit report was signed on
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