Dragline (Holdings) Limited Filleted accounts for Companies House (small and micro)
Dragline (Holdings) Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
07680991
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FINANCIAL STATEMENTS |
YEAR ENDED 30 JUNE 2021
CONTENTS |
PAGE |
Statement of financial position |
1 |
Notes to the financial statements |
3 |
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STATEMENT OF FINANCIAL POSITION |
2021 |
2020 |
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Note |
£ |
£ |
FIXED ASSETS
Investments |
3 |
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CURRENT ASSETS
Debtors |
4 |
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CREDITORS: amounts falling due within one year |
5 |
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NET CURRENT LIABILITIES |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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STATEMENT OF FINANCIAL POSITION (continued) |
2021 |
2020 |
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Note |
£ |
£ |
CAPITAL AND RESERVES
Called up share capital |
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Share premium account |
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Profit and loss account |
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SHAREHOLDERS FUNDS |
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In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
30 March 2022
, and are signed on behalf of the board by:
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Director |
Company registration number:
07680991
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NOTES TO THE FINANCIAL STATEMENTS |
YEAR ENDED 30 JUNE 2021
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Onega House, 112 Main Road, Sidcup, Kent, DA14 6NE, United Kingdom.
2.
ACCOUNTING POLICIES
Basis of preparation
Judgements and key sources of estimation uncertainty
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Impairment of fixed assets
Financial instruments
3.
INVESTMENTS
Shares in group undertakings |
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£ |
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Cost |
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At 1 July 2020 and 30 June 2021 |
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Impairment |
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At 1 July 2020 and 30 June 2021 |
– |
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Carrying amount |
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At 30 June 2021 |
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At 30 June 2020 |
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During the year the company invested in the following subsidiaries and the company investments at the balance sheet date in the share capital of companies include the following subsidiaries:
2021 |
2020 |
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£ |
£ |
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Resource Development (UK) Limited |
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Nature of business: provision of work in connection with computer component distribution |
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Aggregated capital and reserves |
413,549 |
486,789 |
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Profit for the year |
53,719 |
208,308 |
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Terry Waite Investments Limited |
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Nature of business: property investment |
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Aggregated capital and reserves |
661,545 |
661,476 |
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Profit for the year |
69 |
10,271 |
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Complete Computer Solutions Limited |
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Nature of business: provision of work in connection with computer component distribution |
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Aggregated capital and reserves |
(17,824) |
(13,537) |
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Profit for the year |
(4,287) |
(5,975) |
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4.
DEBTORS
2021 |
2020 |
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£ |
£ |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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5.
CREDITORS:
amounts falling due within one year
2021 |
2020 |
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£ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Other creditors |
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6.
DIRECTORS' ADVANCES, CREDITS AND GUARANTEES
During the year the directors did not enter into any advances, credits or guarantees with the company.