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COMPANY REGISTRATION NUMBER: 07475184
Precipice Design Limited
Company Limited by Guarantee
Filleted Unaudited Financial Statements
31 December 2024
Precipice Design Limited
Company Limited by Guarantee
Statement of Financial Position
31 December 2024
2024
2023
£
£
Current assets
34,633
36,584
Creditors: amounts falling due within one year
10,001
10,001
--------
--------
NET CURRENT ASSETS
24,632
26,583
--------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
24,632
26,583
Creditors: amounts falling due after more than one year
16,008
17,190
Accruals and deferred income
600
--------
--------
8,624
8,793
--------
--------
Capital and reserves
8,624
8,793
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-------
NOTES TO THE FINANCIAL STATEMENTS
1. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to Nil (2023: 2 ).
For the year ending 31 December 2024 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 year 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 19 March 2025 , and are signed on behalf of the board by:
SM Browning
Director
Company registration number: 07475184
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Second Floor Grove House, 6 Meridians Cross, Ocean Way, Southampton, SO14 3TJ.