Company registration number 14799024 (England and Wales)
DROP PLAY LIMITED
Unaudited financial statements
For the period ended 31 July 2024
DROP PLAY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
DROP PLAY LIMITED
BALANCE SHEET
As at 31 July 2024
- 1 -
2024
Notes
£
£
Current assets
Debtors
3
451,362
Cash at bank and in hand
40,934
492,296
Creditors: amounts falling due within one year
4
(492,196)
Net current assets
100
Capital and reserves
Called up share capital
100

For the financial period ended 31 July 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 of its financial statements for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 6 September 2024 and are signed on its behalf by:
Mr S M Friend
Director
Company registration number 14799024 (England and Wales)
DROP PLAY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
For the period ended 31 July 2024
- 2 -
1
Accounting policies
Company information

Drop Play Limited is a private company limited by shares incorporated in England and Wales. The registered office is .

1.1
Reporting period

The period end has been extended due to this being the first period Drop Play Limited has been trading. The comparative amounts presented in the financial statements (including the related notes) will not be entirely comparable with subsequent periods.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
Number
Total
2
DROP PLAY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (continued)
For the period ended 31 July 2024
- 3 -
3
Debtors
2024
Amounts falling due within one year:
£
Trade debtors
142,426
Corporation tax recoverable
308,836
Other debtors
100
451,362
4
Creditors: amounts falling due within one year
2024
£
Trade creditors
75,874
Taxation and social security
39,381
Other creditors
376,941
492,196
2024-07-312023-04-13false06 September 2024CCH SoftwareCCH Accounts Production 2024.210No description of principal activityMr S M FriendP D Cohenfalsefalse147990242023-04-132024-07-31147990242024-07-3114799024core:CurrentFinancialInstrumentscore:WithinOneYear2024-07-3114799024core:CurrentFinancialInstruments2024-07-3114799024core:ShareCapital2024-07-3114799024bus:Director12023-04-132024-07-3114799024core:WithinOneYear2024-07-3114799024bus:PrivateLimitedCompanyLtd2023-04-132024-07-3114799024bus:SmallCompaniesRegimeForAccounts2023-04-132024-07-3114799024bus:FRS1022023-04-132024-07-3114799024bus:AuditExemptWithAccountantsReport2023-04-132024-07-3114799024bus:Director22023-04-132024-07-3114799024bus:FullAccounts2023-04-132024-07-31xbrli:purexbrli:sharesiso4217:GBP