2020-10-092021-10-312021-10-31false12940010DREXL LTD2022-09-1247990iso4217:GBPxbrli:pure129400102020-10-09129400102021-10-31129400102020-10-092021-10-31129400102020-10-08129400102020-10-08129400102020-10-082020-10-0812940010bus:SmallEntities2020-10-092021-10-3112940010bus:AuditExempt-NoAccountantsReport2020-10-092021-10-3112940010bus:AbridgedAccounts2020-10-092021-10-3112940010bus:PrivateLimitedCompanyLtd2020-10-092021-10-3112940010core:WithinOneYear2021-10-3112940010core:AfterOneYear2021-10-3112940010core:WithinOneYear2020-10-0812940010core:AfterOneYear2020-10-0812940010core:ShareCapital2021-10-3112940010core:SharePremium2021-10-3112940010core:RevaluationReserve2021-10-3112940010core:OtherReservesSubtotal2021-10-3112940010core:RetainedEarningsAccumulatedLosses2021-10-3112940010core:ShareCapital2020-10-0812940010core:SharePremium2020-10-0812940010core:RevaluationReserve2020-10-0812940010core:OtherReservesSubtotal2020-10-0812940010core:RetainedEarningsAccumulatedLosses2020-10-0812940010core:LandBuildings2021-10-3112940010core:PlantMachinery2021-10-3112940010core:Vehicles2021-10-3112940010core:FurnitureFittings2021-10-3112940010core:OfficeEquipment2021-10-3112940010core:NetGoodwill2021-10-3112940010core:IntangibleAssetsOtherThanGoodwill2021-10-3112940010core:ListedExchangeTraded2021-10-3112940010core:UnlistedNon-exchangeTraded2021-10-3112940010core:LandBuildings2020-10-0812940010core:PlantMachinery2020-10-0812940010core:Vehicles2020-10-0812940010core:FurnitureFittings2020-10-0812940010core:OfficeEquipment2020-10-0812940010core:NetGoodwill2020-10-0812940010core:IntangibleAssetsOtherThanGoodwill2020-10-0812940010core:ListedExchangeTraded2020-10-0812940010core:UnlistedNon-exchangeTraded2020-10-0812940010core:LandBuildings2020-10-092021-10-3112940010core:PlantMachinery2020-10-092021-10-3112940010core:Vehicles2020-10-092021-10-3112940010core:FurnitureFittings2020-10-092021-10-3112940010core:OfficeEquipment2020-10-092021-10-3112940010core:NetGoodwill2020-10-092021-10-3112940010core:IntangibleAssetsOtherThanGoodwill2020-10-092021-10-3112940010core:ListedExchangeTraded2020-10-092021-10-3112940010core:UnlistedNon-exchangeTraded2020-10-092021-10-3112940010core:MoreThanFiveYears2020-10-092021-10-3112940010core:Non-currentFinancialInstruments2021-10-3112940010core:Non-currentFinancialInstruments2020-10-0812940010dpl:CostSales2020-10-092021-10-3112940010dpl:DistributionCosts2020-10-092021-10-3112940010dpl:AdministrativeExpenses2020-10-092021-10-3112940010core:LandBuildings2020-10-092021-10-3112940010core:PlantMachinery2020-10-092021-10-3112940010core:Vehicles2020-10-092021-10-3112940010core:FurnitureFittings2020-10-092021-10-3112940010core:OfficeEquipment2020-10-092021-10-3112940010core:NetGoodwill2020-10-092021-10-3112940010core:IntangibleAssetsOtherThanGoodwill2020-10-092021-10-3112940010dpl:GroupUndertakings2020-10-092021-10-3112940010dpl:ParticipatingInterests2020-10-092021-10-3112940010dpl:GroupUndertakingscore:ListedExchangeTraded2020-10-092021-10-3112940010core:ListedExchangeTraded2020-10-092021-10-3112940010dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-10-092021-10-3112940010core:UnlistedNon-exchangeTraded2020-10-092021-10-3112940010dpl:CostSales2020-10-082020-10-0812940010dpl:DistributionCosts2020-10-082020-10-0812940010dpl:AdministrativeExpenses2020-10-082020-10-0812940010core:LandBuildings2020-10-082020-10-0812940010core:PlantMachinery2020-10-082020-10-0812940010core:Vehicles2020-10-082020-10-0812940010core:FurnitureFittings2020-10-082020-10-0812940010core:OfficeEquipment2020-10-082020-10-0812940010core:NetGoodwill2020-10-082020-10-0812940010core:IntangibleAssetsOtherThanGoodwill2020-10-082020-10-0812940010dpl:GroupUndertakings2020-10-082020-10-0812940010dpl:ParticipatingInterests2020-10-082020-10-0812940010dpl:GroupUndertakingscore:ListedExchangeTraded2020-10-082020-10-0812940010core:ListedExchangeTraded2020-10-082020-10-0812940010dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-10-082020-10-0812940010core:UnlistedNon-exchangeTraded2020-10-082020-10-0812940010core:NetGoodwill2021-10-3112940010core:IntangibleAssetsOtherThanGoodwill2021-10-3112940010core:LandBuildings2021-10-3112940010core:PlantMachinery2021-10-3112940010core:Vehicles2021-10-3112940010core:FurnitureFittings2021-10-3112940010core:OfficeEquipment2021-10-3112940010core:AfterOneYear2021-10-3112940010core:WithinOneYear2021-10-3112940010core:ListedExchangeTraded2021-10-3112940010core:UnlistedNon-exchangeTraded2021-10-3112940010core:ShareCapital2021-10-3112940010core:SharePremium2021-10-3112940010core:RevaluationReserve2021-10-3112940010core:OtherReservesSubtotal2021-10-3112940010core:RetainedEarningsAccumulatedLosses2021-10-3112940010core:NetGoodwill2020-10-0812940010core:IntangibleAssetsOtherThanGoodwill2020-10-0812940010core:LandBuildings2020-10-0812940010core:PlantMachinery2020-10-0812940010core:Vehicles2020-10-0812940010core:FurnitureFittings2020-10-0812940010core:OfficeEquipment2020-10-0812940010core:AfterOneYear2020-10-0812940010core:WithinOneYear2020-10-0812940010core:Liste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DREXL LTD

Registered Number
12940010
(England and Wales)

Unaudited Financial Statements for the Period ended
31 October 2021

DREXL LTD
Company Information
for the period from 9 October 2020 to 31 October 2021

Directors

BUSH, Jamie Lee

Registered Address

6 Fair View Close
Clifton
Penrith
CA10 2ET

Registered Number

12940010 (England and Wales)
DREXL LTD
Balance Sheet as at
31 October 2021

Notes

2021

£

£

Current assets
Stocks12,224
Debtors6,457
Cash at bank and on hand4,498
23,179
Creditors amounts falling due within one year(39,464)
Net current assets (liabilities)(16,285)
Total assets less current liabilities(16,285)
Net assets(16,285)
Capital and reserves
Called up share capital1
Profit and loss account(16,286)
Shareholders' funds(16,285)
The financial statements were approved and authorised for issue by the Director on 12 September 2022, and are signed on its behalf by:
BUSH, Jamie Lee
Director
Registered Company No. 12940010
DREXL LTD
Notes to the Financial Statements
for the period ended 31 October 2021

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
4.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
5.Employee information

2021
Average number of employees during the year1