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REGISTERED NUMBER: SC504779 (Scotland)





















Unaudited Financial Statements

For The Year Ended 31 March 2025

for

Precision Utility Mapping Ltd

Precision Utility Mapping Ltd (Registered number: SC504779)






Contents of the Financial Statements
For The Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Precision Utility Mapping Ltd

Company Information
For The Year Ended 31 March 2025







DIRECTORS: S Lannon
Miss L McSherry





SECRETARY: Miss L McSherry





REGISTERED OFFICE: 3C Langlands Square
East Kilbride
G75 0YY





REGISTERED NUMBER: SC504779 (Scotland)





ACCOUNTANTS: Atkinson Donnelly LLP
1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH

Precision Utility Mapping Ltd (Registered number: SC504779)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 398,701 462,308
398,701 462,308

CURRENT ASSETS
Debtors 6 341,559 269,374
Cash at bank 42,346 49,910
383,905 319,284
CREDITORS
Amounts falling due within one year 7 356,909 333,953
NET CURRENT ASSETS/(LIABILITIES) 26,996 (14,669 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

425,697

447,639

CREDITORS
Amounts falling due after more than one year 8 (338,533 ) (408,681 )

PROVISIONS FOR LIABILITIES 9 (79,891 ) (38,521 )
NET ASSETS 7,273 437

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7,173 337
SHAREHOLDERS' FUNDS 7,273 437

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Precision Utility Mapping Ltd (Registered number: SC504779)

Balance Sheet - continued
31 March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 August 2025 and were signed on its behalf by:





S Lannon - Director


Precision Utility Mapping Ltd (Registered number: SC504779)

Notes to the Financial Statements
For The Year Ended 31 March 2025

1. STATUTORY INFORMATION

Precision Utility Mapping Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 33% on cost and 25% on reducing balance
Computer equipment - 50% on cost and 20% on reducing balance

Financial instruments
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances
Cash and bank balances are measured at the transaction price.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Precision Utility Mapping Ltd (Registered number: SC504779)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024 30,665
Disposals (30,665 )
At 31 March 2025 -
AMORTISATION
At 1 April 2024 30,665
Eliminated on disposal (30,665 )
At 31 March 2025 -
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

Precision Utility Mapping Ltd (Registered number: SC504779)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 758,807 11,997 276,052 26,182 1,073,038
Additions 98,749 2,343 45,230 5,741 152,063
Disposals - - (22,424 ) - (22,424 )
At 31 March 2025 857,556 14,340 298,858 31,923 1,202,677
DEPRECIATION
At 1 April 2024 442,937 4,615 148,382 14,796 610,730
Charge for year 148,602 1,459 51,062 5,087 206,210
Eliminated on disposal - - (12,964 ) - (12,964 )
At 31 March 2025 591,539 6,074 186,480 19,883 803,976
NET BOOK VALUE
At 31 March 2025 266,017 8,266 112,378 12,040 398,701
At 31 March 2024 315,870 7,382 127,670 11,386 462,308

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 322,508 244,628
Other debtors 19,051 24,746
341,559 269,374

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 116,645 80,041
Hire purchase contracts and finance leases 89,643 78,445
Trade creditors 13,889 40,026
Taxation and social security 117,517 113,206
Other creditors 19,215 22,235
356,909 333,953

Precision Utility Mapping Ltd (Registered number: SC504779)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans 148,300 229,992
Hire purchase contracts and finance leases 190,233 178,689
338,533 408,681

9. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 79,891 38,521

Deferred
tax
£   
Balance at 1 April 2024 38,521
Provided during year 41,370
Balance at 31 March 2025 79,891