Precast Technologies Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07189685 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 May 2015

for

Precast Technologies Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M R Wilson

REGISTERED OFFICE:

Walkley Works

78C Walkley Lane

Heckmondwike

West Yorkshire

WF16 0PH

REGISTERED NUMBER:

07189685 (England and Wales)

ACCOUNTANTS:

Lindley Adams Limited Chartered Accountants

28 Prescott Street

Halifax

West Yorkshire

HX1 2LG

FIXED ASSETS

Investments

2

506,260

506,260

CREDITORS

Amounts falling due within one year

303,750

253,125

NET CURRENT LIABILITIES

(303,750

)

(253,125

)

TOTAL ASSETS LESS CURRENT LIABILITIES

202,510

253,135

CREDITORS

Amounts falling due after more than one year

3

202,500

253,125

NET ASSETS

10

10

CAPITAL AND RESERVES

Called up share capital

4

10

10

SHAREHOLDERS' FUNDS

10

10

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 31 July 2015 and were signed by:

M R Wilson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 June 2014

and 31 May 2015

506,260

NET BOOK VALUE

At 31 May 2015

506,260

At 31 May 2014

506,260

The company's investments at the Balance Sheet date in the share capital of companies include the following:

EKC Systems Ltd

Nature of business: sale/service of concrete pretension systems

%

Class of shares:

holding

Ordinary

100.00

31.5.15

31.5.14

£

£

Aggregate capital and reserves

321,551

230,585

Profit for the year

196,635

156,078

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.5.15

31.5.14

£

£

Repayable by instalments

-

50,625

Details of shares shown as liabilities are as follows:

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

£

45

Redeemable Preference

£1

253,125

303,750

On 5 April 2010 90 preference shares of £1 each were issued on a share for share exchange for "A" shares in EKC

Systems Ltd. They are redeemable at £5,625 per share evenly over the next ten years. Dividends are payable annually at

the rate of £ 450 per share on all shares not yet redeemed.The holders have no voting rights.

On 31 October 2010 nine shares were redeemed for a total consideration of £ 50,625 due to Mr E Surr.

On 31 October 2011 nine shares were redeemed for a total consideration of £ 50,625 due to Mr E Surr.

On 31 October 2012 nine shares were redeemed for a total consideration of £ 50,625 due to Mr E Surr.

On 31 October 2013 nine shares were redeemed for a total consideration of £ 50,625 due to Mr E Surr.

On 31 October 2014 nine shares were redeemed for a total consideration of £ 50,625 due to Mr E Surr.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

£

10

Ordinary

£1

10

10