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Company Registration No. 12427885 (England and Wales)
PRECISION PLASTERING (SW) LTD Unaudited accounts for the year ended 31 January 2026
PRECISION PLASTERING (SW) LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PRECISION PLASTERING (SW) LTD Company Information for the year ended 31 January 2026
Directors
S Lees N W Morris
Company Number
12427885 (England and Wales)
Registered Office
1 REBECCA CLOSE ST BLAZEY PAR PL24 2NX
Accountants
SG ACCOUNTANCY 102 TREVERBYN ROAD CARCLAZE IND ESTATE ST AUSTELL CORNWALL PL25 4EW
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PRECISION PLASTERING (SW) LTD Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
25,153 
33,136 
Current assets
Debtors
5
29,117 
38,166 
Cash at bank and in hand
291 
7,983 
29,408 
46,149 
Creditors: amounts falling due within one year
6
(26,082)
(32,509)
Net current assets
3,326 
13,640 
Total assets less current liabilities
28,479 
46,776 
Creditors: amounts falling due after more than one year
7
(19,374)
(30,282)
Net assets
9,105 
16,494 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
9,103 
16,492 
Shareholders' funds
9,105 
16,494 
For the year ending 31 January 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 20 May 2026 and were signed on its behalf by
N W Morris Director Company Registration No. 12427885
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PRECISION PLASTERING (SW) LTD Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
PRECISION PLASTERING (SW) LTD is a private company, limited by shares, registered in England and Wales, registration number 12427885. The registered office is 1 REBECCA CLOSE, ST BLAZEY, PAR, PL24 2NX.
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2025
1,530 
67,870 
69,400 
Additions
654 
- 
654 
At 31 January 2026
2,184 
67,870 
70,054 
Depreciation
At 1 February 2025
850 
35,414 
36,264 
Charge for the year
523 
8,114 
8,637 
At 31 January 2026
1,373 
43,528 
44,901 
Net book value
At 31 January 2026
811 
24,342 
25,153 
At 31 January 2025
680 
32,456 
33,136 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,105 
25,054 
Accrued income and prepayments
998 
2,140 
Other debtors
8,014 
10,972 
29,117 
38,166 
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PRECISION PLASTERING (SW) LTD Notes to the Accounts for the year ended 31 January 2026
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Bank loans and overdrafts
14,928 
- 
Trade creditors
6,548 
(353)
Taxes and social security
10,332 
6,035 
Loans from directors
(6,426)
25,398 
Accruals
700 
1,429 
26,082 
32,509 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Obligations under finance leases and hire purchase contracts
19,374 
30,282 
8
Average number of employees
During the year the average number of employees was 8 (2025: 8).
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