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Company Registration No. 15734886 (England and Wales)
Precision Kart Ltd Unaudited accounts for the year ended 31 May 2026
Precision Kart Ltd Unaudited accounts Contents
Page
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Precision Kart Ltd Company Information for the year ended 31 May 2026
Director
Paul Thomas COOPER
Company Number
15734886 (England and Wales)
Registered Office
Hendall Gate Farm Herons Ghyll Uckfield TN22 4BU England
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Precision Kart Ltd Statement of financial position as at 31 May 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,217 
- 
Current assets
Debtors
6,650 
1,467 
Cash at bank and in hand
42,505 
4,897 
49,155 
6,364 
Creditors: amounts falling due within one year
(59,873)
(14,901)
Net current liabilities
(10,718)
(8,537)
Net liabilities
(7,501)
(8,537)
Capital and reserves
Profit and loss account
(7,501)
(8,537)
Shareholders' funds
(7,501)
(8,537)
For the year ending 31 May 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.
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 October 2026 and were signed on its behalf by
Paul Thomas COOPER Director Company Registration No. 15734886
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Precision Kart Ltd Notes to the Accounts for the year ended 31 May 2026
1
Statutory information
Precision Kart Ltd is a private company, limited by shares, registered in England and Wales, registration number 15734886. The registered office is Hendall Gate Farm, Herons Ghyll, Uckfield, TN22 4BU, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2025
- 
Additions
3,217 
At 31 May 2026
3,217 
Depreciation
At 31 May 2026
- 
Net book value
At 31 May 2026
3,217 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,661 
1,467 
Other debtors
1,989 
- 
6,650 
1,467 
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Precision Kart Ltd Notes to the Accounts for the year ended 31 May 2026
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
VAT
10,445 
(310)
Other creditors
42,002 
6,002 
Loans from directors
7,426 
9,209 
59,873 
14,901 
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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