Company Registration Number 11496018 (England and Wales)
PRECISION ENGINEERING SERVICES (SUSSEX) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
PAGES FOR FILING WITH REGISTRAR
PRECISION ENGINEERING SERVICES (SUSSEX) LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PRECISION ENGINEERING SERVICES (SUSSEX) LIMITED FOR THE YEAR ENDED 31 AUGUST 2023
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Precision Engineering Services (Sussex) Limited for the year ended 31 August 2023, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Precision Engineering Services (Sussex) Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Precision Engineering Services (Sussex) Limited and state those matters that we have agreed to state to the board of directors of Precision Engineering Services (Sussex) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Precision Engineering Services (Sussex) Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Precision Engineering Services (Sussex) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Precision Engineering Services (Sussex) Limited. You consider that Precision Engineering Services (Sussex) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Precision Engineering Services (Sussex) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Carpenter Box
9 November 2023
Chartered Accountants
5 Peveril Court
6-8 London Road
Crawley
West Sussex
RH10 8JE
PRECISION ENGINEERING SERVICES (SUSSEX) LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2023
31 August 2023
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2023
2022
£
£
£
£
Fixed assets
7,787
11,557
Current assets
68,443
35,314
Prepayments and accrued income
184
184
Creditors: amounts falling due within one year
(30,454)
(34,810)
Net current assets
38,173
688
Total assets less current liabilities
45,960
12,245
Creditors: amounts falling due after more than one year
(5,707)
(10,966)
Net assets
40,253
1,279
Capital and reserves
40,253
1,279
Notes to the financial statements
1
Employees
The average number of persons employed by the company during the year was 1 (2022 - 1).
Precision Engineering Services (Sussex) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 47, Rowfant Business Centre, Wallage Lane, Crawley, West Sussex, RH10 4NQ.
For the year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 9 November 2023
Mr S P Davies
Director
Company Registration Number 11496018