T.N.C. PRECISION ENGINEERING LIMITED

Company Registration Number:
02286485 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

T.N.C. PRECISION ENGINEERING LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

T.N.C. PRECISION ENGINEERING LIMITED

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 1,000 2,000
Tangible assets: 4 445,139 459,384
Total fixed assets: 446,139 461,384
Current assets
Stocks: 5,498 2,398
Debtors:   368,188 316,785
Cash at bank and in hand: 166,153 290,003
Total current assets: 539,839 609,186
Creditors: amounts falling due within one year:   (395,370) (387,364)
Net current assets (liabilities): 144,469 221,822
Total assets less current liabilities: 590,608 683,206
Creditors: amounts falling due after more than one year:   (129,542) (215,597)
Total net assets (liabilities): 461,066 467,609
Capital and reserves
Called up share capital: 1,500 1,500
Other reserves: 1,500 1,500
Profit and loss account: 458,066 464,609
Shareholders funds: 461,066 467,609

The notes form part of these financial statements

T.N.C. PRECISION ENGINEERING LIMITED

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 December 2024
and signed on behalf of the board by:

Name: Mr S Westall
Status: Director

The notes form part of these financial statements

T.N.C. PRECISION ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

T.N.C. PRECISION ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 24 25

T.N.C. PRECISION ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Intangible Assets

Total
Cost £
At 01 September 2023 10,000
At 31 August 2024 10,000
Amortisation
At 01 September 2023 8,000
Charge for year 1,000
At 31 August 2024 9,000
Net book value
At 31 August 2024 1,000
At 31 August 2023 2,000

T.N.C. PRECISION ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible Assets

Total
Cost £
At 01 September 2023 1,414,418
Additions 89,189
Disposals (5,564)
At 31 August 2024 1,498,043
Depreciation
At 01 September 2023 955,034
Charge for year 103,433
On disposals (5,563)
At 31 August 2024 1,052,904
Net book value
At 31 August 2024 445,139
At 31 August 2023 459,384