Acorah Software Products - Accounts Production 19.2.450 false true true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 11011031 Mr Andrew Sale Mrs Catherine Sale iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11011031 2024-10-31 11011031 2025-10-31 11011031 2024-11-01 2025-10-31 11011031 frs-core:Non-currentFinancialInstruments 2025-10-31 11011031 frs-core:ShareCapital 2025-10-31 11011031 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 11011031 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 11011031 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 11011031 frs-bus:SmallEntities 2024-11-01 2025-10-31 11011031 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 11011031 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 11011031 frs-bus:Director1 2024-11-01 2025-10-31 11011031 frs-bus:Director2 2024-11-01 2025-10-31 11011031 frs-countries:EnglandWales 2024-11-01 2025-10-31 11011031 2023-10-31 11011031 2024-10-31 11011031 2023-11-01 2024-10-31 11011031 frs-core:Non-currentFinancialInstruments 2024-10-31 11011031 frs-core:ShareCapital 2024-10-31 11011031 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 11011031
Global Precision Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Global Precision Holdings Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—4

Page 1
Global Precision Holdings Limited
Statement of Financial Position
As At 31 October 2025
Statement of Financial Position
Registered number: 11011031

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investments |  |  | 319,022 |  | 383
|  |  | 319,022 |  | 383
CURRENT ASSETS
Debtors | 4 | 1,122,124 |  | 1,160,125 |
Cash at bank and in hand |  | 2,428 |  | 2,061 |
|  | 1,124,552 |  | 1,162,186 |
Creditors: Amounts Falling Due Within One Year | 5 | (58,440 ) |  | - |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,066,112 |  | 1,162,186
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,385,134 |  | 1,162,569
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (321,888 ) |  | (82,483 )
NET ASSETS |  |  | 1,063,246 |  | 1,080,086
CAPITAL AND RESERVES
Called up share capital | 7 |  | 200 |  | 200
Income Statement |  |  | 1,063,046 |  | 1,079,886
SHAREHOLDERS' FUNDS |  |  | 1,063,246 |  | 1,080,086

Page 1
Page 2
Global Precision Holdings Limited
Statement of Financial Position (continued)
As At 31 October 2025
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.
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.
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 Income Statement.
On behalf of the board

Mr Andrew Sale Director
9 July 2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Global Precision Holdings Limited
Notes to the Financial Statements
For The Year Ended 31 October 2025
Notes to the Financial Statements
1. General Information
Global Precision Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11011031 . The registered office is Unit 3, River View, Haworth, Keighley, BD22 8SB.
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. Going Concern Disclosure
When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going concern as the directors have no intention to liquidate the company or to cease trading. In assessing whether the going concern asumption is appropriate, the directors have taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when the financial statements are authorised for issue.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Amounts owed by group undertakings | 1,122,049 |  | 1,160,079
Other debtors | 75 |  | 46
| 1,122,124 |  | 1,160,125

Page 3
Page 4
Global Precision Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other creditors | 58,440 |  | -

6. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Amounts owed to group undertakings | 321,888 |  | 82,483

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 200 |  | 200

8. Related Party Transactions
Debtors include the following amounts due from group companies:
Global Precision Assets Holding Ltd £1,122,049 (2024: £1,122,049)
Global Precision Ltd: £nil (2024: £38,030)
Creditors include the following amounts due to group companies:
Global Precision UK Ltd £95,710 (2024: £82,483)
Global Precision Ltd: £226,177 (2024: £nil)
Page 4