Druce Acquisitions Limited
Druce Acquisitions Limited
Registered number: 06242110
Unaudited Financial Statements
For The Year Ended 30 June 2019
Passman Leonard Associates Limited
Druce Acquisitions Limited
Unaudited Financial Statements
For The Year Ended 30 June 2019
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1 |
| Notes to the Financial Statements | 3 |
Druce Acquisitions Limited
Balance Sheet
As at
30 June 2019
Balance Sheet
Registered number:
06242110
For the year ending 30 June 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Debtors | 3 |
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| Creditors: Amounts Falling Due Within One Year | 4 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 85,921 | 86,119 | |||
Directors' responsibilities:
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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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Page 1
Druce Acquisitions Limited
Balance Sheet (continued)
As at
30 June 2019
The notes on page 3 form part of these financial statements.
Page 2
Druce Acquisitions Limited
Notes to the Financial Statements
For The Year Ended 30 June 2019
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
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| Office and administration |
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3.
Debtors
| 2019 | 2018 | ||
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| £ | £ | ||
| Due within one year | |||
| Amounts owed by group undertakings |
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Amounts owed by group undertakings at the balance sheet date included £106,039 (2018 - £179,884) by Druce & Co Ltd, a fellow subsidiary.
4.
Creditors: Amounts Falling Due Within One Year
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| £ | £ | ||
| Trade creditors |
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| Other creditors |
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| Amounts owed to group undertakings |
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Amounts owed to group undertakings at the balance sheet date included nil (2018 - £21,981) to Druce Marylebone Ltd, nil (2018 - £42,690) to Amalgamated Names Ltd and nil (2018 - £9,174) to Druce South Kensington Ltd, all fellow subsidiaries.
5.
Share Capital
| 2019 | 2018 | ||
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| Allotted, Called up and fully paid |
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6.
General Information
Druce Acquisitions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06242110 . The registered office is Bentinck House, Bentinck Road , West Drayton, Middlesex, UB7 7RQ.
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