Company Registration No. 14865636 (England and Wales)
PRECISION REPORTS LIMITED
Unaudited accounts
for the year ended 31 May 2026
PRECISION REPORTS LIMITED
Unaudited accounts
Contents
PRECISION REPORTS LIMITED
Company Information
for the year ended 31 May 2026
Directors
Andrew Stuart Mcniven Leitch
Megan Louise Leitch
Company Number
14865636 (England and Wales)
Registered Office
13 CARRWOOD ROAD
WILMSLOW
SK9 5DJ
ENGLAND
Accountants
Rock Advisory Limited
13 Carrwood Road
Wilmslow
SK9 5DJ
PRECISION REPORTS LIMITED
Statement of financial position
as at 31 May 2026
Tangible assets
2,013
3,009
Cash at bank and in hand
4,820
580
Creditors: amounts falling due within one year
(11,820)
(6,048)
Net current liabilities
(1,599)
(2,568)
Called up share capital
2
1
Profit and loss account
412
440
Shareholders' funds
414
441
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 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 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 of Directors and authorised for issue on 21 October 2026 and were signed on its behalf by
Andrew Stuart Mcniven Leitch
Director
Company Registration No. 14865636
PRECISION REPORTS LIMITED
Notes to the Accounts
for the year ended 31 May 2026
PRECISION REPORTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14865636. The registered office is 13 CARRWOOD ROAD, WILMSLOW, SK9 5DJ, 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.
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% RBM
Computer equipment
33% SLM
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2025
627
4,866
5,493
At 31 May 2026
627
5,982
6,609
At 1 June 2025
157
2,327
2,484
Charge for the year
118
1,994
2,112
At 31 May 2026
275
4,321
4,596
At 31 May 2026
352
1,661
2,013
At 31 May 2025
470
2,539
3,009
Amounts falling due within one year
PRECISION REPORTS LIMITED
Notes to the Accounts
for the year ended 31 May 2026
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
10,200
4,428
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).