PRECISION PALLETS & CASES LIMITED

Company Registration Number:
08349516 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

PRECISION PALLETS & CASES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

PRECISION PALLETS & CASES LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 109,360 107,690
Total fixed assets: 109,360 107,690
Current assets
Stocks: 109,884 83,468
Debtors:   454,772 469,798
Cash at bank and in hand: 300,276 315,113
Total current assets: 864,932 868,379
Creditors: amounts falling due within one year:   (352,894) (390,136)
Net current assets (liabilities): 512,038 478,243
Total assets less current liabilities: 621,398 585,933
Creditors: amounts falling due after more than one year:   (8,793) (15,700)
Provision for liabilities: (26,289) (25,908)
Total net assets (liabilities): 586,316 544,325
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 586,314 544,323
Shareholders funds: 586,316 544,325

The notes form part of these financial statements

PRECISION PALLETS & CASES LIMITED

Balance sheet statements

For the year ending 31 December 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 December 2025
and signed on behalf of the board by:

Name: R J Leach
Status: Director

The notes form part of these financial statements

PRECISION PALLETS & CASES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts invoiced by the company in respect of sales and services provided during the year, excluding value added tax.

Tangible fixed assets and depreciation policy

Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life. The annual depreciation rates used on a reducing balance basis are as follows:- Plant and equipment 10%, Motor vehicles 25%, Fixtures and fittings 20%, Office equipment 20%.

Valuation and information policy

Stocks are valued on a first in first out basis at the lower of cost and net realisable value.

PRECISION PALLETS & CASES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 19 19

PRECISION PALLETS & CASES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 225,951
Additions 19,386
Disposals (10,995)
At 31 December 2024 234,342
Depreciation
At 01 January 2024 118,261
Charge for year 16,216
On disposals (9,495)
At 31 December 2024 124,982
Net book value
At 31 December 2024 109,360
At 31 December 2023 107,690