Company Registration No. 07261362 (England and Wales)
Precious Washers (stafford) Ltd
Unaudited accounts
for the year ended 31 March 2024
Precious Washers (stafford) Ltd
Unaudited accounts
Contents
Precious Washers (stafford) Ltd
Company Information
for the year ended 31 March 2024
Company Number
07261362 (England and Wales)
Registered Office
Unit 24 Wolseley Court
Staffordshire Technology Park Dyson Way
Stafford
ST18 0GA
United Kingdom
Precious Washers (stafford) Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
88,492
88,492
Inventories
130,000
130,000
Cash at bank and in hand
139,753
80,621
Creditors: amounts falling due within one year
(82,734)
(87,022)
Net current assets
358,153
268,252
Net assets
446,645
356,744
Called up share capital
100
100
Profit and loss account
446,545
356,644
Shareholders' funds
446,645
356,744
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 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 28 March 2025 and were signed on its behalf by
Darren Newton
Director
Company Registration No. 07261362
Precious Washers (stafford) Ltd
Notes to the Accounts
for the year ended 31 March 2024
Precious Washers (stafford) Ltd is a private company, limited by shares, registered in England and Wales, registration number 07261362. The registered office is Unit 24 Wolseley Court, Staffordshire Technology Park Dyson Way, Stafford, ST18 0GA, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
28,281
57,035
3,176
88,492
At 31 March 2024
28,281
57,035
3,176
88,492
At 31 March 2024
28,281
57,035
3,176
88,492
At 31 March 2023
28,281
57,035
3,176
88,492
Amounts falling due within one year
Trade debtors
170,717
144,653
Accrued income and prepayments
417
-
Precious Washers (stafford) 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
(5,940)
-
Obligations under finance leases and hire purchase contracts
(5,213)
-
Trade creditors
34,132
33,333
Taxes and social security
15,011
20,178
Loans from directors
(5,251)
-
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).