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Registered Number: 10664900


 

 

 

PRECISION TECHNIK LTD



Abridged Accounts
 


Period of accounts

Start date: 01 April 2024

End date: 31 March 2025
 
 
Notes
 
2025
£
Fixed assets    
Tangible fixed assets 3 10,005 
10,005 
Current assets    
Debtors 1,297 
Cash at bank and in hand 12,855 
14,152 
Creditors: amount falling due within one year (10,931)
Net current assets 3,221 
 
Total assets less current liabilities 13,226 
Creditors: amount falling due after more than one year (1,699)
Net assets 11,527 
 

Capital and reserves
   
Called up share capital 4 500 
Profit and loss account 11,027 
Shareholders' funds 11,527 
 


For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 12 December 2025 and were signed on its behalf by:


-------------------------------
WALTON David David
Director
-------------------------------
Gareth David Merrick
Director
1
General Information
PRECISION TECHNIK LTD is a private company, limited by shares, registered in , registration number 10664900, registration address 189 THROSTLE ROAD, LEEDS ENGLAND, LS10 4HF.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

There was 1 employee during 31 March 2025
Average number of employees during the year was 2.
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Total
  £   £
At 01 April 2024 12,607    12,607 
Additions  
Disposals  
At 31 March 2025 12,607    12,607 
Depreciation
At 01 April 2024 1,491    1,491 
Charge for year 1,111    1,111 
On disposals  
At 31 March 2025 2,602    2,602 
Net book values
Closing balance as at 31 March 2025 10,005    10,005 
Opening balance as at 01 April 2024 11,116    11,116 


4.

Share Capital

Allotted, called up and fully paid
2025
£
2 Class A shares of £250.00 each 500 
500 

2