Company Registration No. 03868962 (England and Wales)
Precom Technologies Ltd
Unaudited accounts
for the year ended 31 March 2021
Precom Technologies Ltd
Unaudited accounts
Contents
Precom Technologies Ltd
Company Information
for the year ended 31 March 2021
Directors
Geoffrey Cartwright
Darren Cartwright
Company Number
03868962 (England and Wales)
Registered Office
3 CHESTNUT COURT
FFORDD Y PARC, PARC MENAI
BANGOR
GWYNEDD
LL57 4FH
Accountants
Abacus Accountants
9 Ruthin Road
Denbigh
Denbighshire
LL16 3EH
Precom Technologies Ltd
Statement of financial position
as at 31 March 2021
Tangible assets
3,960
4,399
Cash at bank and in hand
15,231
(13,943)
Creditors: amounts falling due within one year
(20,789)
(66,540)
Net current assets/(liabilities)
2,159
(35,283)
Net assets/(liabilities)
6,119
(30,884)
Called up share capital
100
100
Profit and loss account
6,019
(30,984)
Shareholders' funds
6,119
(30,884)
For the year ending 31 March 2021 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 6 December 2021 and were signed on its behalf by
Darren Cartwright
Director
Company Registration No. 03868962
Precom Technologies Ltd
Notes to the Accounts
for the year ended 31 March 2021
Precom Technologies Ltd is a private company, limited by shares, registered in England and Wales, registration number 03868962. The registered office is 3 CHESTNUT COURT, FFORDD Y PARC, PARC MENAI, BANGOR, GWYNEDD, LL57 4FH.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2020
1,324
4,449
3,497
9,270
At 31 March 2021
1,324
4,449
3,497
9,270
At 1 April 2020
1,155
1,516
2,200
4,871
Charge for the year
30
176
233
439
At 31 March 2021
1,185
1,692
2,433
5,310
At 31 March 2021
139
2,757
1,064
3,960
At 31 March 2020
169
2,933
1,297
4,399
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
7,717
45,200
Precom Technologies Ltd
Notes to the Accounts
for the year ended 31 March 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
-
47,300
Trade creditors
4,690
4,127
Taxes and social security
8,680
13,783
Loans from directors
(80)
1,330
7
Average number of employees
During the year the average number of employees was 3 (2020: 2).
