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Company Registration No. 08368873 (England and Wales)
Draco Enterprise UK Ltd Unaudited accounts for the year ended 31 March 2023
Draco Enterprise UK Ltd Unaudited accounts Contents
Page
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Draco Enterprise UK Ltd Company Information for the year ended 31 March 2023
Director
Mr J Bieniek
Company Number
08368873 (England and Wales)
Registered Office
59 All Hallows Road Bispham Blackpool Lancashire FY2 0AY
Accountants
We Do The Books Hyde Park House Cartwright Street Hyde Cheshire SK14 4EH
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Draco Enterprise UK Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,236 
17,999 
Current assets
Debtors
568 
9,887 
Cash at bank and in hand
(3,580)
(3,407)
(3,012)
6,480 
Creditors: amounts falling due within one year
2,948 
(34,630)
Net current liabilities
(64)
(28,150)
Total assets less current liabilities
8,172 
(10,151)
Creditors: amounts falling due after more than one year
(6,022)
(9,441)
Net assets/(liabilities)
2,150 
(19,592)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,149 
(19,593)
Shareholders' funds
2,150 
(19,592)
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 9 November 2023 and were signed on its behalf by
Mr J Bieniek Director Company Registration No. 08368873
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Draco Enterprise UK Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Draco Enterprise UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 08368873. The registered office is 59 All Hallows Road, Bispham, Blackpool, Lancashire, FY2 0AY.
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
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Motor vehicles
25% SL
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2022
20,475 
Disposals
(6,732)
At 31 March 2023
13,743 
Depreciation
At 1 April 2022
2,476 
Charge for the year
3,760 
On disposals
(729)
At 31 March 2023
5,507 
Net book value
At 31 March 2023
8,236 
At 31 March 2022
17,999 
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Draco Enterprise UK Ltd Notes to the Accounts for the year ended 31 March 2023
5
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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