PREFERRED IT LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 04311767

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		213
Investments	5		17,175		19,401

			17,175		19,614
CURRENT ASSETS
Debtors	6	4,000		9,271
Cash at bank and in hand		70,471		47,297

		74,471		56,568
Creditors: Amounts Falling Due Within One Year	7	(14,818 )		(13,400 )

NET CURRENT ASSETS (LIABILITIES)			59,653		43,168

TOTAL ASSETS LESS CURRENT LIABILITIES			76,828		62,782

NET ASSETS			76,828		62,782

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			76,827		62,781

SHAREHOLDERS' FUNDS			76,828		62,782

Page 1

Page 2

PREFERRED IT LIMITED

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mark Bottomley

Director

15 June 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

PREFERRED IT LIMITED is a private company, limited by shares, incorporated in Scotland, registered number 04311767 . The registered office is 26 The Walk, Birdwell, Barnsley, South Yorkshire, S70 5UA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. 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.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Investments

All investments are carried at fair value determined annually and derived from the current market and adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 January 2025	2,085

As at 31 December 2025	2,085

Depreciation
As at 1 January 2025	1,872
Provided during the period	213

As at 31 December 2025	2,085

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	213

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Page 4

PREFERRED IT LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Investments

	Listed
	£
Cost or Valuation
As at 1 January 2025	13,952
Revaluations	3,223

As at 31 December 2025	17,175

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	17,175

As at 1 January 2025	13,952

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	4,000	9,271

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	12	5,651
Taxation and social security	14,806	7,749

	14,818	13,400

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2025
	£	£	£	£	£
Mr Mark Bottomley	5,000	4,000	(5,000 )	-	4,000

The above loan is unsecured, interest free and repayable on demand.