Precious Engineering Limited

Precious Engineering Limited
Contents Page
For the year ended 30 December 2025

Statement of Financial Position	1
Notes to the Financial Statements	2

Precious Engineering Limited
Statement of Financial Position
As at 30 December 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	1,254	1,540
		1,254	1,540
Current assets
Debtors		43,251	43,795
Creditors: amount falling due within one year		(480)	(504)
Net current assets		42,771	43,291

Total assets less current liabilities		44,025	44,831
Creditors: amount falling due after more than one year		(1)	0
Net assets		44,024	44,831

Capital and reserves
Called up share capital		100	100
Profit and loss account		43,924	44,731
Shareholders' funds		44,024	44,831

For the year ended 30 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 07 September 2026 and were signed by:

-------------------------------
Lee Fogg
Director

1

Precious Engineering Limited
Notes to the Abridged Financial Statements
For the year ended 30 December 2025

General Information

Precious Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 11114803, registration address The Counting House, 4a Moss LAne, Swinton, Manchester, M27 9SA.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	5 Straight Line
Motor Vehicles	5 Straight Line

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 31 December 2024	3,000	1,700	4,700
Additions	-	-	-
Disposals	-	-	-
At 30 December 2025	3,000	1,700	4,700
Depreciation
At 31 December 2024	2,017	1,143	3,160
Charge for year	147	139	286
On disposals	-	-	-
At 30 December 2025	2,164	1,282	3,446
Net book values
Closing balance as at 30 December 2025	836	418	1,254
Opening balance as at 31 December 2024	983	557	1,540

2

Registered Number: 11114803
England and Wales
PRECIOUS ENGINEERING LIMITED

Abridged Accounts

Period of accounts Start date: 31 December 2024 End date: 30 December 2025