Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 12636960 Mr Alexandru DRAGOMIR iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12636960 2023-06-30 12636960 2024-06-30 12636960 2023-07-01 2024-06-30 12636960 frs-core:CurrentFinancialInstruments 2024-06-30 12636960 frs-core:Non-currentFinancialInstruments 2024-06-30 12636960 frs-core:MotorVehicles 2024-06-30 12636960 frs-core:MotorVehicles 2023-07-01 2024-06-30 12636960 frs-core:MotorVehicles 2023-06-30 12636960 frs-core:ShareCapital 2024-06-30 12636960 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12636960 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12636960 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12636960 frs-bus:SmallEntities 2023-07-01 2024-06-30 12636960 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12636960 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12636960 frs-bus:Director1 2023-07-01 2024-06-30 12636960 frs-countries:EnglandWales 2023-07-01 2024-06-30 12636960 2022-06-30 12636960 2023-06-30 12636960 2022-07-01 2023-06-30 12636960 frs-core:CurrentFinancialInstruments 2023-06-30 12636960 frs-core:Non-currentFinancialInstruments 2023-06-30 12636960 frs-core:ShareCapital 2023-06-30 12636960 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12636960
DRG TRANSPORT LTD
Unaudited Financial Statements
For The Year Ended 30 June 2024
67 Meridian Centre
Havant
Hampshire
PO9 1UN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12636960
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 47,495 53,041
47,495 53,041
CURRENT ASSETS
Debtors 5 13 13
Cash at bank and in hand 36,292 26,352
36,305 26,365
Creditors: Amounts Falling Due Within One Year 6 (60,612 ) (74,744 )
NET CURRENT ASSETS (LIABILITIES) (24,307 ) (48,379 )
TOTAL ASSETS LESS CURRENT LIABILITIES 23,188 4,662
Creditors: Amounts Falling Due After More Than One Year 7 (45,469 ) -
NET (LIABILITIES)/ASSETS (22,281 ) 4,662
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (22,282 ) 4,661
SHAREHOLDERS' FUNDS (22,281) 4,662
Page 1
Page 2
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Alexandru DRAGOMIR
Director
05/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
DRG TRANSPORT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12636960 . The registered office is 42 Eastern Inway, Grimsby, DN34 5HH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 18%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 July 2023 78,883
Additions 9,117
As at 30 June 2024 88,000
Depreciation
As at 1 July 2023 25,842
Provided during the period 15,546
Disposals (883 )
As at 30 June 2024 40,505
Net Book Value
As at 30 June 2024 47,495
As at 1 July 2023 53,041
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other taxes and social security 13 13
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,551 14,840
Bank loans and overdrafts 37,968 47,062
VAT 15,797 7,438
Director's loan account 4,296 5,404
60,612 74,744
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Trade creditors 45,623 -
Other loans (154 ) -
45,469 -
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4