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Company Registration No. 13250457 (England and Wales)
PRECISION PERFORMANCE LTD Unaudited accounts for the year ended 31 March 2025
PRECISION PERFORMANCE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PRECISION PERFORMANCE LTD Company Information for the year ended 31 March 2025
Director
ADRIAN STAVER
Company Number
13250457 (England and Wales)
Registered Office
40 ADDERLEY STREET BIRMINGHAM B9 4ED UNITED KINGDOM
Accountants
MARTA ACCOUNTING LTD GROSVENOR HOUSE 658 CHESTER ROAD BIRMINGHAM B23 5TE
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PRECISION PERFORMANCE LTD Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Called up share capital not paid
- 
1 
Fixed assets
Tangible assets
4
4,044 
8,090 
Current assets
Debtors
5
17,549 
8,555 
Cash at bank and in hand
17,493 
28,936 
35,042 
37,491 
Creditors: amounts falling due within one year
6
(40,259)
(32,166)
Net current (liabilities)/assets
(5,217)
5,325 
Total assets less current liabilities
(1,173)
13,416 
Creditors: amounts falling due after more than one year
7
(28,889)
(13,429)
Net liabilities
(30,062)
(13)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(30,063)
(14)
Shareholders' funds
(30,062)
(13)
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 31 December 2025 and were signed on its behalf by
ADRIAN STAVER Director Company Registration No. 13250457
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PRECISION PERFORMANCE LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
PRECISION PERFORMANCE LTD is a private company, limited by shares, registered in England and Wales, registration number 13250457. The registered office is 40 ADDERLEY STREET, BIRMINGHAM, B9 4ED, UNITED KINGDOM.
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.
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
20%
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
10,838 
1,777 
12,615 
At 31 March 2025
10,838 
1,777 
12,615 
Depreciation
At 1 April 2024
3,932 
593 
4,525 
Charge for the year
3,453 
593 
4,046 
At 31 March 2025
7,385 
1,186 
8,571 
Net book value
At 31 March 2025
3,453 
591 
4,044 
At 31 March 2024
6,906 
1,184 
8,090 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,921 
8,555 
Other debtors
8,628 
- 
17,549 
8,555 
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PRECISION PERFORMANCE LTD Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
1,093 
1,030 
Trade creditors
38,769 
- 
Taxes and social security
397 
- 
Other creditors
- 
2,362 
Loans from directors
- 
28,774 
40,259 
32,166 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
27,288 
13,429 
Other creditors
1,601 
- 
28,889 
13,429 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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