Company Registration No. 14195052 (England and Wales)
DRAUP INC LTD
Unaudited accounts
for the year ended 31 December 2023
DRAUP INC LTD
Unaudited accounts
Contents
DRAUP INC LTD
Company Information
for the year ended 31 December 2023
Company Number
14195052 (England and Wales)
Registered Office
107 KIRKGATE
LEEDS
LS1 6DP
ENGLAND
Accountants
Sleek Accounting Ltd
107 Kirkgate
Leeds
West Yorkshire
LS1 6DP
DRAUP INC LTD
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
39,471
364,509
Creditors: amounts falling due within one year
(164,339)
(157,592)
Net current (liabilities)/assets
(124,868)
206,917
Net (liabilities)/assets
(124,868)
206,917
Called up share capital
100
100
Capital contribution reserve
456,000
456,000
Profit and loss account
(580,968)
(249,183)
Shareholders' funds
(124,868)
206,917
For the year ending 31 December 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 her 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 25 March 2024 and were signed on its behalf by
Daniella Loftus
Director
Company Registration No. 14195052
DRAUP INC LTD
Notes to the Accounts
for the year ended 31 December 2023
DRAUP INC LTD is a private company, limited by shares, registered in England and Wales, registration number 14195052. The registered office is 107 KIRKGATE, LEEDS, LS1 6DP, ENGLAND.
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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
161,284
139,717
Taxes and social security
-
17,325
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
6
Transactions with related parties
Draup Inc:
The company is related to Draup Inc Ltd by virtue of common shareholders and directors. The amount owed to Draup Inc at the balance sheet date was £159,487 (2022: £139,717).
DRAUP INC LTD
Notes to the Accounts
for the year ended 31 December 2023
7
Average number of employees
During the year the average number of employees was 5 (2022: 4).