1 October 2023 false No description of principal activity Taxfiler 2024.5 15176991business:PrivateLimitedCompanyLtd2023-10-012024-09-30 151769912023-09-30 151769912023-10-012024-09-30 15176991business:AuditExemptWithAccountantsReport2023-10-012024-09-30 15176991business:AbridgedAccounts2023-10-012024-09-30 151769912024-09-30 15176991business:Director12023-10-012024-09-30 15176991business:RegisteredOffice2023-10-012024-09-30 15176991core:WithinOneYear2024-09-30 15176991core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 15176991core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 15176991core:PreviouslyStatedAmount2024-09-30 15176991business:SmallEntities2023-10-012024-09-30 15176991countries:EnglandWales2023-10-012024-09-30 15176991core:FurnitureFittings2023-10-012024-09-30 15176991business:OrdinaryShareClass12023-10-012024-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 15176991 (England and Wales)
Drop Chain Limited Unaudited accounts for the year ended 30 September 2024
Drop Chain Limited Unaudited accounts Contents
Page
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Drop Chain Limited Company Information for the year ended 30 September 2024
Director
Sergiu Arhire
Company Number
15176991 (England and Wales)
Registered Office
1 Corn Brook Avenue Castlefields Runcorn WA7 2YL England
Accountants
Daniel Ciobanu 53 Darlands Drive Barnet, London Hertfordshire EN5 2DE
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Drop Chain Limited Statement of financial position as at 30 September 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
1,208 
Current assets
Cash at bank and in hand
4,669 
Creditors: amounts falling due within one year
(614)
Net current assets
4,055 
Net assets
5,263 
Capital and reserves
Called up share capital
100 
Profit and loss account
5,163 
Shareholders' funds
5,263 
For the year ending 30 September 2024 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 2 October 2024 and were signed on its behalf by
Sergiu Arhire Director Company Registration No. 15176991
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Drop Chain Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Drop Chain Limited is a private company, limited by shares, registered in England and Wales, registration number 15176991. The registered office is 1 Corn Brook Avenue, Castlefields, Runcorn, WA7 2YL, England.
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 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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Fixtures & fittings
Straight Line Method - 5 Years
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 October 2023
- 
Additions
1,510 
At 30 September 2024
1,510 
Depreciation
Charge for the year
302 
At 30 September 2024
302 
Net book value
At 30 September 2024
1,208 
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Drop Chain Limited Notes to the Accounts for the year ended 30 September 2024
5
Share capital
2024 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
6
Average number of employees
During the year the average number of employees was 1.
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