Company Registration No. 10736043 (England and Wales)
Dragon Coworking Limited
Unaudited accounts
for the year ended 31 March 2023
Dragon Coworking Limited
Unaudited accounts
Contents
Dragon Coworking Limited
Company Information
for the year ended 31 March 2023
Company Number
10736043 (England and Wales)
Registered Office
7-8 New Road Avenue
Rochester
Kent
ME4 6BB
Dragon Coworking Limited
Statement of financial position
as at 31 March 2023
Tangible assets
41,780
43,647
Cash at bank and in hand
67,117
23,133
Creditors: amounts falling due within one year
(121,618)
(137,454)
Net current liabilities
(52,951)
(106,466)
Net liabilities
(11,171)
(62,819)
Called up share capital
100
100
Profit and loss account
(11,271)
(62,919)
Shareholders' funds
(11,171)
(62,819)
For the year ending 31 March 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 10 November 2023 and were signed on its behalf by
Mr R Stanley
Director
Company Registration No. 10736043
Dragon Coworking Limited
Notes to the Accounts
for the year ended 31 March 2023
Dragon Coworking Limited is a private company, limited by shares, registered in England and Wales, registration number 10736043. The registered office is 7-8 New Road Avenue, Rochester, Kent, ME4 6BB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
- 10 years
Computer equipment
- 5 years
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
46,699
15,764
62,463
At 31 March 2023
52,500
16,596
69,096
At 1 April 2022
10,415
8,401
18,816
Charge for the year
5,250
3,250
8,500
At 31 March 2023
15,665
11,651
27,316
At 31 March 2023
36,835
4,945
41,780
At 31 March 2022
36,284
7,363
43,647
Dragon Coworking Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Accrued income and prepayments
577
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
12,025
15,383
Trade creditors
108,251
120,751
Taxes and social security
943
-
Other creditors
4,000
2,750
Loans from directors
(4,705)
(2,556)
7
Average number of employees
During the year the average number of employees was 1 (2022: 0).