15468385false2024-02-052025-02-28http://www.companieshouse.gov.uk/2024-02-04http://www.companieshouse.gov.uk/pt:ShareCapital2024-02-04http://www.companieshouse.gov.uk/cd:Director12024-02-052025-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2025-02-28http://www.companieshouse.gov.uk/cd:Director22024-02-052025-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-02-052025-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-02-052025-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-02-052025-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-02-04http://www.companieshouse.gov.uk/2023-03-012024-02-04http://www.companieshouse.gov.uk/2024-02-052025-02-28http://www.companieshouse.gov.uk/2024-02-04http://www.companieshouse.gov.uk/cd:FRS1022024-02-052025-02-28http://www.companieshouse.gov.uk/2025-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2024-02-052025-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-02-052025-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 15468385
Precision Plastering Nw Limited
UNAUDITED ACCOUNTS
FOR THE 390 DAY PERIOD ENDED 28/02/2025
Prepared By:
Greg McGahan Accountants
14
Blackthorn Road
Hazel Grove
Stockport
SK7 5EJ
Precision Plastering Nw Limited
ACCOUNTS
FOR THE 390 DAY PERIOD ENDED 28/02/2025
DIRECTORS
Adam Makin
Keith Packer
REGISTERED OFFICE
189 Foxdenton Lane
Middleton
Manchester
M24 1QN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 15468385
ACCOUNTANTS
Greg McGahan Accountants
14
Blackthorn Road
Hazel Grove
Stockport
SK7 5EJ
Precision Plastering Nw Limited
ACCOUNTS
FOR THE390 DAY PERIODENDED28/02/2025
CONTENTS
Page
Directors' Report3
Statement Of Comprehensive Income4
Balance Sheet5
Notes To The Accounts6
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Precision Plastering Nw Limited
DIRECTORS' REPORT
FOR THE390 DAY PERIODENDED28/02/2025
The directors present their report and accounts for the390 day periodended28/02/2025
DIRECTORS
The directors who served during the390 day periodwere as follows:
Adam Makin
Keith Packer
STATEMENT OF DIRECTORS RESPONSIBILITIES
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulation.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements the directors are required to:
- Select suitable accounting policies and then apply them consistently;
- Make judgements and accounting estimates that are reasonable and prudent;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The report of the directors has been prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
This report was approved by the board on04/11/2025
Adam Makin
Director
Precision Plastering Nw Limited
STATEMENT OF COMPREHENSIVE INCOME
FOR THE390 DAY PERIODENDED28/02/2025
Notes20252024
££
TURNOVER171,896-
Cost of sales(78,925)-
GROSS PROFIT92,971-
Distribution costs and selling expenses(64)-
Administrative expenses(44,597)-
OPERATING PROFIT48,310-
PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION48,310-
Tax on profit on ordinary activities4(9,179)-
PROFIT ON ORDINARY ACTIVITIES AFTER TAXATION39,131-
Precision Plastering Nw Limited
BALANCE SHEET AT 28/02/2025
20252024
Notes££
CURRENT ASSETS
Debtors642,025-
Cash at bank and in hand19-
42,044-
CREDITORS: Amounts falling due within one year728,521-
NET CURRENT ASSETS13,523-
TOTAL ASSETS LESS CURRENT LIABILITIES13,523-
CAPITAL AND RESERVES
Called up share capital82-
Profit and loss account13,521-
SHAREHOLDERS' FUNDS13,523-
For the year ending 28/02/2025 the company was entitled to exemption 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.
Approved by the board on 04/11/2025 and signed on their behalf by
.............................
Adam Makin
Director
Precision Plastering Nw Limited
NOTES TO THE ACCOUNTS
FOR THE 390 DAY PERIOD ENDED 28/02/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1c. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. EMPLOYEES
20252024
No.No.
Average number of employees--
3. DIRECTORS REMUNERATION
20252024
££
Total remuneration18,200-
Precision Plastering Nw Limited
4. TAX ON ORDINARY ACTIVITIES
20252024
££
Corporation tax9,179-
9,179-
5. DIVIDENDS 20252024
££
Ordinary dividends:
Final paid25,610-
25,610-
6. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors7,680-
PAYE control34,345-
42,025-
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax9,179-
Directors current account7,530-
Directors current account10,252-
Accruals1,560-
28,521-
Precision Plastering Nw Limited
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each2
2-