Preshunt Limited - Filleted accounts

Registered number

07197283

Preshunt Limited

Unaudited Filleted Accounts

31 March 2026

Preshunt Limited
Registered number:		07197283
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		8,919			10,278

Current assets
Stocks		426,096			486,764
Debtors	4	19,824			20,544
Cash at bank and in hand		116,031			65,515
		561,951			572,823

Creditors: amounts falling due within one year	5	(294,550)			(328,775)

Net current assets			267,401			244,048

Total assets less current liabilities			276,320			254,326


Provisions for liabilities			(1,917)			(2,187)


Net assets			274,403			252,139

Capital and reserves
Called up share capital			10			10
Profit and loss account			274,393			252,129

Shareholders' funds			274,403			252,139

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr C Y Wong
Director
Approved by the board on 18 May 2026

Preshunt Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	15% Reducing balance
	Motor vehicles	25% Reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			5		6


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	41,963		25,552		67,515
	Additions	750		-		750
	At 31 March 2026	42,713		25,552		68,265

	Depreciation
	At 1 April 2025	36,238		20,999		57,237
	Charge for the year	971		1,138		2,109
	At 31 March 2026	37,209		22,137		59,346

	Net book value
	At 31 March 2026	5,504		3,415		8,919
	At 31 March 2025	5,725		4,553		10,278


4	Debtors			2026		2025
£					£

	Trade debtors			19,824		20,544


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			5,794		35,521
	Taxation and social security costs			21,680		6,299
	Other creditors			267,076		286,955
				294,550		328,775


6	Other information

	Preshunt Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 25 St Georges Road Industrial Estate
	Donnington
	Telford
	Shropshire
	TF2 7QZ