A common slang word used in South East England.
Portmanteau of "pre-shitty-farts" , used to describe the farts usually associated with a shit held in for a long period of time, where it is not clear if you have farted or actually shat yourself. also can be called a Russian roulette fart.
"we need to find a toilet, i've got some serious Presharts"
"that was a dirty Preshart I heard over there"
When you feel a fart coming on and you also have to pee, when you go pee, you let out the "what could have been fart" and it turns out to be a shart but you are thankfully on the toilet at the right time.
Harold just presharted and his pants aren't ruined!