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Company Registration No. 02912790 (England and Wales)
Pre-Fix Gauge Systems Limited Unaudited accounts for the year ended 30 June 2025
Pre-Fix Gauge Systems Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Pre-Fix Gauge Systems Limited Company Information for the year ended 30 June 2025
Directors
A T Watkins Mrs J Chance A S T Body
Secretary
A S T Body
Company Number
02912790 (England and Wales)
Registered Office
45 Etnam Street Leominster Herefordshire HR6 8AE
Accountants
Armstrong Rogers & Co 45 Etnam Street Leominster Herefordshire HR6 8AE
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Pre-Fix Gauge Systems Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
122,886
75,105
Current assets
Inventories
39,330
43,763
Debtors
6
156,872
360,537
Cash at bank and in hand
156,682
57,883
352,884
462,183
Creditors: amounts falling due within one year
7
(76,411)
(239,713)
Net current assets
276,473
222,470
Total assets less current liabilities
399,359
297,575
Creditors: amounts falling due after more than one year
8
(88,634)
(83,345)
Provisions for liabilities
Deferred tax
(28,814)
(18,551)
Net assets
281,911
195,679
Capital and reserves
Called up share capital
200
200
Profit and loss account
281,711
195,479
Shareholders' funds
281,911
195,679
For the year ending 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 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.
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 of Directors and authorised for issue on 8 October 2025 and were signed on its behalf by
A T Watkins Director Company Registration No. 02912790
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Pre-Fix Gauge Systems Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Pre-Fix Gauge Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 02912790. The registered office is 45 Etnam Street, Leominster, Herefordshire, HR6 8AE.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line Basis
Motor vehicles
25% Straight Line Basis
Fixtures & fittings
25% Straight Line Basis
Computer equipment
25% Straight Line Basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Pre-Fix Gauge Systems Limited Notes to the Accounts for the year ended 30 June 2025
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Other
£
Cost
At 1 July 2024
10,000
At 30 June 2025
10,000
Amortisation
At 1 July 2024
10,000
At 30 June 2025
10,000
Net book value
At 30 June 2025
-
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2024
7,792
144,280
6,052
6,119
164,243
Additions
-
122,886
-
-
122,886
Disposals
-
(131,788)
-
-
(131,788)
At 30 June 2025
7,792
135,378
6,052
6,119
155,341
Depreciation
At 1 July 2024
7,792
69,175
6,052
6,119
89,138
Charge for the year
-
30,558
-
-
30,558
On disposals
-
(87,241)
-
-
(87,241)
At 30 June 2025
7,792
12,492
6,052
6,119
32,455
Net book value
At 30 June 2025
-
122,886
-
-
122,886
At 30 June 2024
-
75,105
-
-
75,105
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Pre-Fix Gauge Systems Limited Notes to the Accounts for the year ended 30 June 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
77,772
262,565
Accrued income and prepayments
2,536
2,741
Other debtors
76,564
95,231
156,872
360,537
7
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
8,773
13,460
Trade creditors
45,086
216,150
Taxes and social security
19,647
6,578
Other creditors
-
1,075
Accruals
2,905
2,450
76,411
239,713
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
88,634
83,345
9
Average number of employees
During the year the average number of employees was 12 (2024: 13).
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