REGISTERED NUMBER: 06972186 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

PRECISION INVENTORY SERVICES LTD.

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

7,655

1,061

CURRENT ASSETS

Debtors

5

26,257

13,132

Cash at bank

23,470

21,357

49,727

34,489

CREDITORS

Amounts falling due within one year

6

41,473

25,024

NET CURRENT ASSETS

8,254

9,465

TOTAL ASSETS LESS CURRENT LIABILITIES

15,909

10,526

CREDITORS

Amounts falling due after more than one year

7

(3,095

)

(9,285

)

PROVISIONS FOR LIABILITIES

8

(197

)

(281

)

NET ASSETS

12,617

960

CAPITAL AND RESERVES

Called up share capital

9

120

120

Retained earnings

12,497

840

SHAREHOLDERS' FUNDS

12,617

960

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 April 2026 and were signed by:

Mr P Rollison - Director

1.	STATUTORY INFORMATION

Precision Inventory Services Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06972186

Registered office:

East Oast

Buckholt Lane

Bexhill on Sea

East Sussex

TN39 5AX

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

Cost

At 1 August 2024

6,102

-

6,102

Additions

809

7,350

8,159

At 31 July 2025

6,911

7,350

14,261

Depreciation

At 1 August 2024

5,041

-

5,041

Charge for year

362

1,203

1,565

At 31 July 2025

5,403

1,203

6,606

Net book value

At 31 July 2025

1,508

6,147

7,655

At 31 July 2024

1,061

-

1,061

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

26,167

13,132

Other debtors

90

-

26,257

13,132

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,190

6,190

Trade creditors

-

1,381

Taxation and social security

32,068

15,352

Other creditors

3,215

2,101

41,473

25,024

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

3,095

9,285

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

197

281

Deferred

tax

£

Balance at 1 August 2024

281

Provided during year

(84

)

Balance at 31 July 2025

197

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

20

Ordinary A

£1

20

20

120

120