The Drake Group Limited - Dormant accounts - members and to registrar (filleted) 21.1
The Drake Group Limited - Dormant accounts - members and to registrar (filleted) 21.1
REGISTERED NUMBER: |
Financial Statements for the Year Ended 31 December 2020 |
for |
The Drake Group Limited |
The Drake Group Limited (Registered number: 01973079) |
Contents of the Financial Statements |
for the Year Ended 31 December 2020 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
The Drake Group Limited |
Company Information |
for the Year Ended 31 December 2020 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
The Drake Group Limited (Registered number: 01973079) |
Balance Sheet |
31 December 2020 |
2020 | 2019 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
5 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges her 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. |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
The Drake Group Limited (Registered number: 01973079) |
Notes to the Financial Statements |
for the Year Ended 31 December 2020 |
1. | STATUTORY INFORMATION |
The Drake Group Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Consolidation |
In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts. |
Financial instruments |
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
The Drake Group Limited (Registered number: 01973079) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2020 |
4. | FIXED ASSET INVESTMENTS |
Shares in Subsidiary undertakings | £ |
Cost |
At 1 January and 31 December 2020 | 247,854 |
Net book value |
At 31 December 2019 and 31 December 2020 | 247,854 |
The investments above include the following interests in subsidiary undertakings: |
Name, country of incorporation and nature of business |
Class of shares |
% held |
Aggregate capital & reserves at year end |
Profit or (loss for the year |
) |
£ | £ |
Drake Educational Associates Limited |
England and Wales |
Design and sale of educational equipment |
Ordinary |
100% |
281,885 |
1,558 |
Drake A-V Video Limited |
England and Wales |
Retail and distribution of audio visual equipment |
Ordinary |
100% |
389,037 |
(60,743 |
) |
Gwasg Addysgol Drake Cyf |
England and Wales |
Dormant | Ordinary | 100% | 2 | - |
Cardiff Academic Press Limited |
England and Wales |
Dormant | Ordinary | 100% | - | - |
5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2020 | 2019 |
£ | £ |
Amounts owed to group undertakings |
6. | RELATED PARTY DISCLOSURES |
At 31 December 2020 £2 (2019 £2) was owing to Gwasg Addysgol Drake Cyf, a 100% owned subsidiary. |