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Company registration number: 12777653
Precision Balancing Limited
Unaudited filleted financial statements
31 October 2025
Precision Balancing Limited
Contents
Statement of financial position
Notes to the financial statements
Precision Balancing Limited
Statement of financial position
31 October 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Investments |  | 5 | 700,000 |  |  |  | 700,000 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 700,000 |  |  |  | 700,000
Current assets |  |  |  |  |  |  |  |  |
Debtors |  | 6 | 5,500 |  |  |  | 62,200 |  |
Cash at bank and in hand |  |  | 1,738 |  |  |  | 2,332 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 7,238 |  |  |  | 64,532 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 7 | ( 7,547) |  |  |  | ( 27,692) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current (liabilities)/assets |  |  |  |  | ( 309) |  |  |  | 36,840
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 699,691 |  |  |  | 736,840
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 699,691 |  |  |  | 736,840
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 81 |  |  |  | 81
Share premium account |  |  |  |  | 699,929 |  |  |  | 699,929
Profit and loss account |  |  |  |  | ( 319) |  |  |  | 36,830
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 699,691 |  |  |  | 736,840
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 29 January 2026 , and are signed on behalf of the board by:
J.L. Innocent
Director
Company registration number: 12777653
Precision Balancing Limited
Notes to the financial statements
Year ended 31 October 2025
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 169 New London Road, Chelmsford, Essex, CM2 0AE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis and are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the amount of current tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other receivables and payables. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: Nil).
5. Investments

|  | Shares in group undertakings and participating interests | Total |  |  |  |
|  | £ | £ |  |  |  |
| Cost |  |  |  |  |  |
| At 1 November 2024 and 31 October 2025 | 700,000 | 700,000 |  |  |  |
|  | _______ | _______ |  |  |  |
| Impairment |  |  |  |  |  |
| At 1 November 2024 and 31 October 2025 | - | - |  |  |  |
|  | _______ | _______ |  |  |  |
| Carrying amount |  |  |  |  |  |
| At 31 October 2025 | 700,000 | 700,000 |  |  |  |
|  | _______ | _______ |  |  |  |
| At 31 October 2024 | 700,000 | 700,000 |  |  |  |
|  | _______ | _______ |  |  |  |

6. Debtors

|  |  | 2025 | 2024
|  |  | £ | £
| Other debtors |  | 5,500 | 62,200
|  |  | _______ | _______

7. Creditors: amounts falling due within one year

|  |  | 2025 | 2024
|  |  | £ | £
| Corporation tax |  | - | 609
| Social security and other taxes |  | 348 | -
| Other creditors |  | 7,199 | 27,083
|  |  | _______ | _______
|  |  | 7,547 | 27,692
|  |  | _______ | _______

8. Directors advances, credits and guarantees

| During the year the directors entered into the following advances and credits with the company: |  |  |  |  |  |
2025 |  |  |  |  |  |  |
|  | Balance brought forward | Advances /(credits) to the directors | Amounts repaid | Balance o/standing |  |
|  | £ | £ | £ | £ |  |
| J.L. Innocent | ( 23,721) | ( 11,214) | 31,317 | ( 3,618) |  |
|  | _______ | _______ | _______ | _______ |  |
2024 |  |  |  |  |  |  |
|  | Balance brought forward | Advances /(credits) to the directors | Amounts repaid | Balance o/standing |  |
|  | £ | £ | £ | £ |  |
| J.L. Innocent | ( 49,706) | ( 200) | 26,185 | ( 23,721) |  |
|  | _______ | _______ | _______ | _______ |  |