Precise HR Ltd Filleted accounts for Companies House (small and micro)
Precise HR Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
08953404
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Statement of Financial Position |
31 Jul 21 |
31 Mar 20 |
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Note |
£ |
£ |
Fixed assets
Intangible assets |
6 |
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– |
Tangible assets |
7 |
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------- |
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Current assets
Debtors |
8 |
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Cash at bank and in hand |
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-------- |
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Creditors: amounts falling due within one year |
9 |
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Net current liabilities |
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-------- |
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Total assets less current liabilities |
(
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(
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Creditors: amounts falling due after more than one year |
10 |
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– |
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Net liabilities |
(
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(
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Capital and reserves
Called up share capital |
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Profit and loss account |
(
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(
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Shareholders deficit |
(
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(
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
26 May 2022
, and are signed on behalf of the board by:
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Director |
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Company registration number:
08953404
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Notes to the Financial Statements |
Period from 1 April 2020 to 31 July 2021
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Lyndhurst, 1 Cranmer Street, Long Eaton, Nottingham, NG10 1NJ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Revenue recognition
Taxation
Intangible assets
Research and development
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings |
- |
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Equipment |
- |
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Impairment of fixed assets
Government grants
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
2
(2020:
3
).
5.
Events during the reporting period
During the period the outbreak of the Coronavirus (COVID-19) impacted the normal trading activities of all companies in the UK. The company has, and continues to review the situation and make appropriate adjustments to its plans and operations in order to minimise the impact of the situation on the company. It has reviewed all accounting estimates included within the financial statements to ensure that they remain accurate, complete and correctly valued. The company also took advantage of the Government Coronavirus Job Retention Scheme to protect jobs and cashflow while activities were reduced.
6.
Intangible assets
Development costs |
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£ |
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Cost |
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Additions |
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At 31 July 2021 |
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Amortisation |
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At 1 April 2020 and 31 July 2021 |
– |
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Carrying amount |
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At 31 July 2021 |
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At 31 March 2020 |
– |
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7.
Tangible assets
Fixtures and fittings |
Equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 April 2020 |
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Additions |
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– |
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Disposals |
(
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(
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(
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------- |
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------- |
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At 31 July 2021 |
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– |
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------- |
------- |
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Depreciation |
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At 1 April 2020 |
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Charge for the period |
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– |
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Disposals |
(
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(
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(
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------- |
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------- |
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At 31 July 2021 |
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– |
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Carrying amount |
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At 31 July 2021 |
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– |
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------- |
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At 31 March 2020 |
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8.
Debtors
31 Jul 21 |
31 Mar 20 |
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£ |
£ |
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Trade debtors |
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Other debtors |
– |
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9.
Creditors:
amounts falling due within one year
31 Jul 21 |
31 Mar 20 |
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£ |
£ |
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Bank loans and overdrafts |
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– |
Trade creditors |
– |
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Social security and other taxes |
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Other creditors |
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10.
Creditors:
amounts falling due after more than one year
31 Jul 21 |
31 Mar 20 |
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£ |
£ |
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Bank loans and overdrafts |
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– |
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11.
Director's advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:
31 Jul 21 |
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Balance brought forward |
Advances/ (credits) to the director |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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(
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(
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31 Mar 20 |
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Balance brought forward |
Advances/ (credits) to the director |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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(
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(
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