1 June 2022 false No description of principal activity Taxfiler 2023.9 11984721business:PrivateLimitedCompanyLtd2022-06-012023-05-31 119847212022-05-31 119847212022-06-012023-05-31 11984721business:AuditExempt-NoAccountantsReport2022-06-012023-05-31 11984721business:FilletedAccounts2022-06-012023-05-31 119847212023-05-31 11984721business:Director12022-06-012023-05-31 11984721business:RegisteredOffice2022-06-012023-05-31 119847212022-05-31 11984721core:WithinOneYear2023-05-31 11984721core:WithinOneYear2022-05-31 11984721core:AfterOneYear2023-05-31 11984721core:AfterOneYear2022-05-31 11984721core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 11984721core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 11984721core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 11984721core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 11984721core:PreviouslyStatedAmount2023-05-31 11984721core:PreviouslyStatedAmount2022-05-31 11984721business:SmallEntities2022-06-012023-05-31 11984721countries:EnglandWales2022-06-012023-05-31 119847212021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 11984721 (England and Wales)
Drop Fix Limited Unaudited accounts for the year ended 31 May 2023
Drop Fix Limited Unaudited accounts Contents
Page
- 2 -
Drop Fix Limited Company Information for the year ended 31 May 2023
Director
Ali ASGHAR
Company Number
11984721 (England and Wales)
Registered Office
494 HOE STREET WALTHAMSTOW LONDON E17 9AH
- 3 -
Drop Fix Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
35,000 
35,000 
Debtors
100 
100 
Cash at bank and in hand
32,856 
67,441 
67,956 
102,541 
Creditors: amounts falling due within one year
(41,727)
(3,463)
Net current assets
26,229 
99,078 
Total assets less current liabilities
26,229 
99,078 
Creditors: amounts falling due after more than one year
(30,680)
(104,429)
Net liabilities
(4,451)
(5,351)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(4,551)
(5,451)
Shareholders' funds
(4,451)
(5,351)
For the year ending 31 May 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 August 2023 and were signed on its behalf by
Ali ASGHAR Director Company Registration No. 11984721
- 4 -
Drop Fix Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Drop Fix Limited is a private company, limited by shares, registered in England and Wales, registration number 11984721. The registered office is 494 HOE STREET, WALTHAMSTOW, LONDON, E17 9AH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
100 
100 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
3,776 
- 
Other creditors
34,901 
3,424 
Loans from directors
3,050 
39 
41,727 
3,463 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
30,680 
41,630 
Other creditors
- 
62,101 
Taxes and social security
- 
698 
30,680 
104,429 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 5 -