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REGISTERED NUMBER: 13190289 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

DRB PARTNERS LTD

DRB PARTNERS LTD (REGISTERED NUMBER: 13190289)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


DRB PARTNERS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: D Bunner
R F Bunner





REGISTERED OFFICE: Fourth Floor St. James House,
St James' Square,
Cheltenham
Gloucestershire
GL50 3PR





REGISTERED NUMBER: 13190289 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
4th Floor
St James House
St James Square
Cheltenham
Gloucestershire
GL50 3PR

DRB PARTNERS LTD (REGISTERED NUMBER: 13190289)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £ £
FIXED ASSETS
Investments 4 5,000 5,000

CURRENT ASSETS
Debtors 5 1,076,282 86,514
Cash at bank and in hand 179 11,702
1,076,461 98,216
CREDITORS
Amounts falling due within one year 6 (1,058,122 ) (59,769 )
NET CURRENT ASSETS 18,339 38,447
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,339

43,447

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 23,239 43,347
23,339 43,447

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 July 2024 and were signed on its behalf by:





D Bunner - Director


DRB PARTNERS LTD (REGISTERED NUMBER: 13190289)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

DRB Partners Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS
Investment
in LLP
£
COST
At 1 January 2023
and 31 December 2023 5,000
NET BOOK VALUE
At 31 December 2023 5,000
At 31 December 2022 5,000

DRB PARTNERS LTD (REGISTERED NUMBER: 13190289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 102,321 86,514
Other debtors 973,961 -
1,076,282 86,514

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Taxation and social security - 2,749
Other creditors 1,058,122 57,020
1,058,122 59,769

7. RELATED PARTY DISCLOSURES

Included within creditors: amounts falling due within one year, is a director's loan account in the sum of £1,055,428 (2022: £47,124) which has been provided by Mr D Bunner £555,428 (2022: £47,124) and Mrs R Bunner £500,000 (2022: £nil). The loan is unsecured, interest free and carries no fixed date of repayment.

8. PARTICIPATING INTEREST

The company is a member of Tivoli Finance LLP, an incorporated limited liability partnership based in England and Wales.

The company is entitled to receive a share of the partnership's profits, which for the period ended 31 December 2023 was £36,367 (2022: £15,603). Total profits before members' remuneration for the period were £43,102 (2022: £20,644).