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Registered number
09923657
Dragon Wood Homes Ltd
Unaudited Accounts
for the year ended
31 December 2022
Dragon Wood Homes Ltd
Balance Sheet
as at 31 December 2022
Notes
2022
£
2021
£
Current assets
Stocks 850,000 2,790,152
850,000 2,790,152
Creditors: amounts falling due within one year 3 (878,546) (2,766,464)
Net current assets / (liabilities) (28,546) 23,688
Total assets less current liabilities (28,546) 23,688
Creditors: amounts falling due after more than one year 4 (300,000) (750,000)
Provisions for liabilities (0) (0)
Total net assets (liabilities) (328,546) (726,312)
Capital and reserves
Called up share capital 1 1
Profit and loss account (328,547) (726,313)
Shareholders' funds (328,546) (726,312)

Dragon Wood Homes Ltd
Balance Sheet
as at 31 December 2022



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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.

Signed on behalf of the board of directors

...............................

Mr P Whyman

Director


Approved by the board on 30 September 2023

Company Number: 09923657 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Brook House
Debden Lane
Loughton
IG10 2PD
England

Dragon Wood Homes Ltd
Notes to the Accounts
for the year ended 31 December 2022

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
2. Employees
2022 2021
Average number of employees during the period 0 0

3. Creditors: amounts falling due within one year
2022 2021
£ £
Bank Loans & Overdrafts 450,459 2,360,209
Other creditors 428,087 406,255
878,546 2,766,464

Amounts owing to Glenhawk Property Finance £450459
Other creditors, Investment from Oakway Holdings Ltd £232279
Amounts owing to directors £195808


4. Creditors: amounts falling due after one year
2022 2021
£ £
Bank Loans & overdrafts 50,000 0
Other 250,000 750,000
300,000 750,000

Oakway Holdings Ltd
to receive profit percentage circa £250000.00 once all stock is sold