Company Registration No. 11345571 (England and Wales)
DRAGON APPLIANCES LIMITED
Unaudited accounts
for the year ended 31 May 2023
DRAGON APPLIANCES LIMITED
Unaudited accounts
Contents
DRAGON APPLIANCES LIMITED
Company Information
for the year ended 31 May 2023
Directors
Gareth Beynon
Vicki Beynon
Company Number
11345571 (England and Wales)
Registered Office
OFFICE 8, 17 HIGH STREET
OLNEY
BUCKS
MK46 4EB
UNITED KINGDOM
DRAGON APPLIANCES LIMITED
Statement of financial position
as at 31 May 2023
Tangible assets
12,005
15,734
Cash at bank and in hand
32,499
37,293
Creditors: amounts falling due within one year
(16,741)
(28,945)
Net current assets
39,764
20,632
Called up share capital
1
1
Profit and loss account
51,768
36,365
Shareholders' funds
51,769
36,366
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 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 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 of Directors and authorised for issue on 20 February 2024 and were signed on its behalf by
Gareth Beynon
Director
Company Registration No. 11345571
DRAGON APPLIANCES LIMITED
Notes to the Accounts
for the year ended 31 May 2023
DRAGON APPLIANCES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11345571. The registered office is OFFICE 8, 17 HIGH STREET , OLNEY, BUCKS, MK46 4EB, UNITED KINGDOM.
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:
Plant & machinery
20% Straight Line
Motor vehicles
20% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
1,614
16,667
366
18,647
At 31 May 2023
1,614
16,667
366
18,647
At 1 June 2022
1,231
1,389
293
2,913
Charge for the year
323
3,333
73
3,729
At 31 May 2023
1,554
4,722
366
6,642
At 31 May 2023
60
11,945
-
12,005
At 31 May 2022
383
15,278
73
15,734
Amounts falling due within one year
Trade debtors
24,006
12,284
DRAGON APPLIANCES LIMITED
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
7,105
2,981
Loans from directors
1,169
20,000
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).