1 January 2023 false No description of principal activity Taxfiler 2024.5 SC244901business:PrivateLimitedCompanyLtd2023-01-012023-12-31 SC2449012022-12-31 SC2449012023-01-012023-12-31 SC244901business:AuditExemptWithAccountantsReport2023-01-012023-12-31 SC244901business:FilletedAccounts2023-01-012023-12-31 SC2449012023-12-31 SC244901business:Director12023-01-012023-12-31 SC244901business:Director22023-01-012023-12-31 SC244901business:RegisteredOffice2023-01-012023-12-31 SC2449012022-12-31 SC244901core:WithinOneYear2023-12-31 SC244901core:WithinOneYear2022-12-31 SC244901core:AfterOneYear2023-12-31 SC244901core:AfterOneYear2022-12-31 SC244901core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC244901core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 SC244901core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC244901core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 SC244901core:PreviouslyStatedAmount2023-12-31 SC244901core:PreviouslyStatedAmount2022-12-31 SC244901business:SmallEntities2023-01-012023-12-31 SC244901countries:Scotland2023-01-012023-12-31 SC244901core:MotorVehicles2023-01-012023-12-31 SC244901core:IntangibleAssetsOtherThanGoodwill2022-12-31 SC244901core:IntangibleAssetsOtherThanGoodwill2023-12-31 SC244901core:MotorVehicles2022-12-31 SC244901core:FurnitureFittings2022-12-31 SC244901core:ComputerEquipment2022-12-31 SC244901core:FurnitureFittings2023-01-012023-12-31 SC244901core:ComputerEquipment2023-01-012023-12-31 SC244901core:MotorVehicles2023-12-31 SC244901core:FurnitureFittings2023-12-31 SC244901core:ComputerEquipment2023-12-31 SC2449012022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC244901 (Scotland)
Drum Books Ltd. Unaudited accounts for the year ended 31 December 2023
Drum Books Ltd. Unaudited accounts Contents
Page
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Drum Books Ltd. Company Information for the year ended 31 December 2023
Directors
Ed McCabe Julia McCabe
Company Number
SC244901 (Scotland)
Registered Office
606 Old Dalkeith Road Edinburgh EH16 4SN
Accountants
Ideo Business Services Ltd Unit 4 Standhill Industrial Est Whitburn Road Bathgate EH48 2HR
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Drum Books Ltd. Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,720 
- 
Current assets
Inventories
3,500 
3,500 
Cash at bank and in hand
2,694 
1,580 
6,194 
5,080 
Creditors: amounts falling due within one year
(55,039)
(42,968)
Net current liabilities
(48,845)
(37,888)
Total assets less current liabilities
(40,125)
(37,888)
Creditors: amounts falling due after more than one year
(94,026)
(94,026)
Net liabilities
(134,151)
(131,914)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(134,153)
(131,916)
Shareholders' funds
(134,151)
(131,914)
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 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 24 September 2024 and were signed on its behalf by
Ed McCabe Director Company Registration No. SC244901
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Drum Books Ltd. Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Drum Books Ltd. is a private company, limited by shares, registered in Scotland, registration number SC244901. The registered office is 606 Old Dalkeith Road, Edinburgh, EH16 4SN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Motor vehicles
20% reducing balance
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
23,063 
At 31 December 2023
23,063 
Amortisation
At 1 January 2023
23,063 
At 31 December 2023
23,063 
Net book value
At 31 December 2023
- 
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Drum Books Ltd. Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
- 
11,026 
576 
11,602 
Additions
10,900 
- 
- 
10,900 
At 31 December 2023
10,900 
11,026 
576 
22,502 
Depreciation
At 1 January 2023
- 
11,026 
576 
11,602 
Charge for the year
2,180 
- 
- 
2,180 
At 31 December 2023
2,180 
11,026 
576 
13,782 
Net book value
At 31 December 2023
8,720 
- 
- 
8,720 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
490 
491 
Taxes and social security
175 
175 
Other creditors
250 
250 
Loans from directors
53,980 
41,980 
Accruals
144 
72 
55,039 
42,968 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
94,026 
94,026 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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