Company Registration No. 03868962 (England and Wales)
Precom Technologies Ltd
Unaudited accounts
for the year ended 31 March 2018
Precom Technologies Ltd
Unaudited accounts
Contents
Precom Technologies Ltd
Company Information
for the year ended 31 March 2018
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 2018
Tangible assets
5,645
6,424
Cash at bank and in hand
19,390
13,551
Creditors: amounts falling due within one year
(22,568)
(6,456)
Net current (liabilities)/assets
(2,233)
7,095
Called up share capital
100
100
Profit and loss account
3,312
13,419
Shareholders' funds
3,412
13,519
For the year ending 31 March 2018 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.
Approved by the Board on 20 December 2018.
Darren Cartwright
Director
Company Registration No. 03868962
Precom Technologies Ltd
Notes to the Accounts
for the year ended 31 March 2018
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 2017
1,162
4,449
3,497
9,108
At 31 March 2018
1,162
4,449
3,497
9,108
At 1 April 2017
856
683
1,145
2,684
Charge for the year
55
301
423
779
At 31 March 2018
911
984
1,568
3,463
At 31 March 2018
251
3,465
1,929
5,645
At 31 March 2017
306
3,766
2,352
6,424
Precom Technologies Ltd
Notes to the Accounts
for the year ended 31 March 2018
6
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
-
262
Taxes and social security
11,234
6,194
Loans from directors
1,334
-
7
Average number of employees
During the year the average number of employees was 0 (2017: 0).
