DRUM KEY LTD

Company Registration Number:
09640475 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

DRUM KEY LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

DRUM KEY LTD

Company Information

for the Period Ended 30 June 2023




Director: Joshua Samuel Bacon
Heather Bacon
Stephen Paul Bacon
Secretary: Stephen Paul Bacon
Registered office: 50
Templars Firs
Royal Wootton Bassett
Swindon
Wiltshire
SN4 7EW
Company Registration Number: 09640475 (England and Wales)

DRUM KEY LTD

Directors' Report Period Ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Directors

The directors shown below have held office during the whole of the period from 01 July 2022 to 30 June 2023
Joshua Samuel Bacon
Heather Bacon
Stephen Paul Bacon

Secretary
Stephen Paul Bacon

This report was approved by the board of directors on 8 February 2024
And Signed On Behalf Of The Board By:

Name: Stephen Paul Bacon
Status: Director

DRUM KEY LTD

Profit and Loss Account

for the Period Ended 30 June 2023


Notes

2023
£

2022
£
Turnover 0 3,910
Cost of sales ( 0 ) ( 0 )
Gross Profit or (Loss) 0 3,910
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 441 ) ( 9,085 )
Other operating income 0 0
Operating Profit or (Loss) ( 441 ) ( 5,175 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 441 ) ( 5,175 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 441 ) ( 5,175 )

The notes form part of these financial statements

DRUM KEY LTD

Balance sheet

As at 30 June 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 1,150 1,150
Total fixed assets: 1,150 1,150
Current assets
Cash at bank and in hand: 88 61
Total current assets: 88 61
Creditors: amounts falling due within one year: 5 ( 33,514 ) ( 33,046 )
Net current assets (liabilities): ( 33,426 ) ( 32,985 )
Total assets less current liabilities: ( 32,276 ) ( 31,835 )
Total net assets (liabilities): ( 32,276 ) ( 31,835 )

The notes form part of these financial statements

DRUM KEY LTD

Balance sheet continued

As at 30 June 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 10 10
Profit and loss account: ( 32,286 ) ( 31,845 )
Shareholders funds: ( 32,276 ) ( 31,835 )

For the year ending 30 June 2023 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 8 February 2024
And Signed On Behalf Of The Board By:

Name: Stephen Paul Bacon
Status: Director

The notes form part of these financial statements

DRUM KEY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DRUM KEY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

    Joshua Samuel Bacon draws no salary.

DRUM KEY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

DRUM KEY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 July 2022 1,150 1,150
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 June 2023 1,150 1,150
Depreciation
At 01 July 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 30 June 2023 - -
Net book value
At 30 June 2023 1,150 1,150
At 30 June 2022 1,150 1,150

The assets are musical instruments, valued at purchase price with no annual depreciation.

DRUM KEY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Other creditors 33,514 33,046
Total 33,514 33,046

The creditors are the directors, who are financing loses via loans.