| Registered Number:09455141 |
For the year ended 30 June 2025
England and Wales
Unaudited Financial Statements
POBS PRECISION TOOLS LTD
Statement of Financial Position
2024
2025
| Property, plant and equipment |
51,539
55,364
2
51,539
55,364
| Trade and other receivables |
61,236
13,051
3
49,751
| Cash and cash equivalents |
80,810
93,861
110,987
| Trade and other payables: amounts falling due within one |
| year |
(68,677)
(49,628)
4
42,310
44,233
Net current assets
| Total assets less current liabilities |
95,772
97,674
| Trade and other payables: amounts falling due after more |
| than one year |
(7,979)
-
5
(11,511)
(12,069)
| Provisions for liabilities |
84,261
Net assets
77,626
2
2
84,259
77,624
84,261
77,626
Shareholders' funds
| For the year ended 30 June 2025 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 of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Steven Michael Lane Director |
| These financial statements were approved and authorised for issue by the Board on 18 September 2025 and were signed by: |
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For the year ended 30 June 2025
POBS PRECISION TOOLS LTD
Statement of Financial Position Continued
| The notes form part of these financial statements |
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For the year ended 30 June 2025
POBS PRECISION TOOLS LTD
Notes to the Financial Statements
Statutory Information
| POBS PRECISION TOOLS LTD is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 09455141. |
44 Bickford Road
Aston
Birmingham
B6 7EE
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation . Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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. Assets held under finance leases and hire purchase agreements are capitalised in the balance sheet and depreciated in accordance with the company's normal accounting policies. The interest is charged to the profit and loss account over the period of the agreement and represents a constant charge of the balance of capital repayments outstanding. |
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 30 June 2025
POBS PRECISION TOOLS LTD
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
124,290
17,100
107,190
5,539
-
5,539
112,729
17,100
129,829
| Provision for depreciation and impairment |
68,926
14,818
54,108
Charge for year
9,364
571
8,793
78,290
15,389
62,901
49,828
1,711
51,539
53,082
2,282
55,364
| 3. Trade and other receivables |
2024
2025
13,051
61,236
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
6,140
20,258
| Taxation and social security |
31,590
31,290
| Accruals and deferred income |
1,070
1,070
1,150
2,747
| Obligations under HP/Financial leases |
9,678
13,312
49,628
68,677
| 5. Trade and other payables: amounts falling due after more than one year |
2024
2025
7,979
-
| Obligations under HP/Financial leases |
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For the year ended 30 June 2025
POBS PRECISION TOOLS LTD
Notes to the Financial Statements Continued
| 6. Related party transactions |
| The ultimate controlling parties during the year were Steven Lane & Paul Lane , directors , whom control the |
| company by virtue of each owning 50% of the share capital. |
| 7. Average number of persons employed |
During the year the average number of employees was 2 (2024 : 2)
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