Company Registration No. 06851724 (England and Wales)
Precise English Limited
Unaudited accounts
for the year ended 31 March 2025
Precise English Limited
Unaudited accounts
Contents
Precise English Limited
Company Information
for the year ended 31 March 2025
Company Number
06851724 (England and Wales)
Registered Office
Unit 4
Turn Park
Station Road
Chester le Street
County Durham
DH3 3DY
England
Accountants
LP Accountants Ltd
Unit E
Colima Avenue
Sunderland
Tyne & Wear
SR5 3XB
Precise English Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
11,539
1,704
Creditors: amounts falling due within one year
(14,814)
(52,035)
Net current assets
6,792
24,141
Called up share capital
2
2
Profit and loss account
6,790
25,259
Shareholders' funds
6,792
25,261
For the year ending 31 March 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 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 3 November 2025 and were signed on its behalf by
B Kerry
Director
Company Registration No. 06851724
Precise English Limited
Notes to the Accounts
for the year ended 31 March 2025
Precise English Limited is a private company, limited by shares, registered in England and Wales, registration number 06851724. The registered office is Unit 4, Turn Park, Station Road, Chester le Street, County Durham, DH3 3DY, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% on the reducing balance
4
Tangible fixed assets
Plant & machinery
Precise English Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
1,385
32,295
Other debtors
6,880
42,177
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
7,813
Loans from directors
13,852
9,359
7
Average number of employees
During the year the average number of employees was 9 (2024: 9).