Drammock International Limited 31/03/2023 iXBRL
Drammock International Limited 31/03/2023 iXBRL
Company registration number:
02865882
Companies House
Unaudited filleted financial statements
Contents
Statement of financial position
Notes to the financial statements
Statement of financial position
31 March 2023
2023 | 2022 | ||||||||
Note | £ | £ | £ | £ | |||||
Current assets | |||||||||
Stocks |
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Debtors | 5 |
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Cash at bank and in hand |
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_________ | _________ | ||||||||
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Creditors: amounts falling due | |||||||||
within one year | 6 |
(
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(
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_________ | _________ | ||||||||
Net current assets |
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_________ | _________ | ||||||||
Net assets |
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_________ | _________ | ||||||||
Capital and reserves | |||||||||
Called up share capital | 7 |
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Profit and loss account |
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_________ | _________ | ||||||||
Shareholders funds |
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_________ | _________ | ||||||||
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;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
07 August 2023
, and are signed on behalf of the board by:
Director
Director
Company registration number:
02865882
Notes to the financial statements
Year ended 31 March 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office and the business is Tower House, Westfield Industrial Estate, Kirk Lane, Yeadon, Leeds, LS19 7LX.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Stocks
Defined contribution plans
Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
16
(2022:
17
).
5.
Debtors
2023 | 2022 | |||
£ | £ | |||
Trade debtors |
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Amounts owed by group undertakings |
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Prepayments and accrued income |
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Other debtors |
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_________ | _________ | |||
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_________ | _________ | |||
6.
Creditors: amounts falling due within one year
2023 | 2022 | |||
£ | £ | |||
Trade creditors |
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Amounts owed to group undertakings |
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Accruals and deferred income |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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_________ | _________ | |||
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_________ | _________ | |||
7.
Called up share capital
Issued, called up and fully paid
2023 | 2022 | ||||||||
No | £ | No | £ | ||||||
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20,000 | 20,000 | 20,000 | 20,000 | |||||
_________ | _________ | _________ | _________ | ||||||
8.
Controlling party
The company is a subsidiary undertaking and regards
Nicholas International Limited
as its ultimate parent company.