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REGISTERED NUMBER: 10021591 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 December 2023

for

DragonESS Limited

DragonESS Limited (Registered number: 10021591)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DragonESS Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr S K Gourley
Mr D Gourley





SECRETARY: Mr S K Gourley





REGISTERED OFFICE: Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
BS32 4JY





REGISTERED NUMBER: 10021591 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

DragonESS Limited (Registered number: 10021591)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Investments 4 100 100
Investment property 5 455,000 453,000
455,100 453,100

CURRENT ASSETS
Debtors 6 13,512 22,085
Cash at bank 10,525 12,110
24,037 34,195
CREDITORS
Amounts falling due within one year 7 (152,537 ) (157,134 )
NET CURRENT LIABILITIES (128,500 ) (122,939 )
TOTAL ASSETS LESS CURRENT LIABILITIES 326,600 330,161

CREDITORS
Amounts falling due after more than one year 8 (200,020 ) (200,000 )

PROVISIONS FOR LIABILITIES (23,872 ) (23,648 )
NET ASSETS 102,708 106,513

CAPITAL AND RESERVES
Called up share capital 10 105 105
Revaluation reserve 11 102,593 105,569
Retained earnings 11 10 839
SHAREHOLDERS' FUNDS 102,708 106,513

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.

DragonESS Limited (Registered number: 10021591)

Balance Sheet - continued
31 December 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:





Mr S K Gourley - Director


DragonESS Limited (Registered number: 10021591)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

DragonESS Limited 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 as modified by the revaluation of certain assets.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

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

DragonESS Limited (Registered number: 10021591)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 100
NET BOOK VALUE
At 31 December 2023 100
At 31 December 2022 100

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 453,000
Revaluations 2,000
At 31 December 2023 455,000
NET BOOK VALUE
At 31 December 2023 455,000
At 31 December 2022 453,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2017 21,465
Valuation in 2018 15,000
Valuation in 2019 15,000
Valuation in 2020 19,000
Valuation in 2021 49,000
Valuation in 2022 5,000
Valuation in 2023 2,000
Cost 328,535
455,000

If investment property had not been revalued it would have been included at the following historical cost:

31.12.23 31.12.22
£    £   
Cost 328,535 328,535

Investment property was valued on an open market basis on 31 December 2023 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed by group undertakings 13,512 22,085

DragonESS Limited (Registered number: 10021591)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors - 708
Directors' current accounts 151,756 155,682
Accrued expenses 781 744
152,537 157,134

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans more 5 yrs non-inst 200,020 200,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 200,020 200,000

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 200,020 200,000

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
1 Ordinary A £1 1 1
1 Ordinary B £1 1 1
50 Ordinary C £1 50 50
50 Ordinary D £1 50 50
3 Ordinary E £1 3 3
105 105

11. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 January 2023 839 105,569 106,408
Profit for the year 16,145 - 16,145
Dividends (19,950 ) - (19,950 )
Assets revalued in period 2,976 (2,976 ) -
At 31 December 2023 10 102,593 102,603