Company Registration No. 09515672 (England and Wales)
Precision Homes & Properties Ltd
Unaudited accounts
for the year ended 31 March 2026
Precision Homes & Properties Ltd
Unaudited accounts
Contents
Precision Homes & Properties Ltd
Company Information
for the year ended 31 March 2026
Director
V F Hernandez Franco
Company Number
09515672 (England and Wales)
Registered Office
86 Elm Road
London
E11 4DW
Accountants
Capital Accounting Solutions
277-279 Bethnal Green Road
London
E2 6AH
Precision Homes & Properties Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
465,428
465,428
Cash at bank and in hand
9,439
38,392
Creditors: amounts falling due within one year
(58,350)
(59,138)
Net current liabilities
(43,601)
(15,436)
Total assets less current liabilities
421,827
449,992
Creditors: amounts falling due after more than one year
(340,650)
(385,650)
Called up share capital
100
100
Profit and loss account
81,077
64,242
Shareholders' funds
81,177
64,342
For the year ending 31 March 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 10 September 2026 and were signed on its behalf by
V F Hernandez Franco
Director
Company Registration No. 09515672
Precision Homes & Properties Ltd
Notes to the Accounts
for the year ended 31 March 2026
Precision Homes & Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 09515672. The registered office is 86 Elm Road, London, E11 4DW.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% Straight Line
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 0 (2025: 0).