IRIS Accounts Production v24.3.0.553 06847338 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068473382023-03-31068473382024-03-31068473382023-04-012024-03-31068473382022-03-31068473382022-04-012023-03-31068473382023-03-3106847338ns15:EnglandWales2023-04-012024-03-3106847338ns14:PoundSterling2023-04-012024-03-3106847338ns10:Director12023-04-012024-03-3106847338ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106847338ns10:SmallEntities2023-04-012024-03-3106847338ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106847338ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106847338ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106847338ns10:FullAccounts2023-04-012024-03-3106847338ns10:OrdinaryShareClass12023-04-012024-03-3106847338ns10:Director22023-04-012024-03-3106847338ns10:CompanySecretary12023-04-012024-03-3106847338ns10:RegisteredOffice2023-04-012024-03-3106847338ns5:CurrentFinancialInstruments2024-03-3106847338ns5:CurrentFinancialInstruments2023-03-3106847338ns5:Non-currentFinancialInstruments2024-03-3106847338ns5:Non-currentFinancialInstruments2023-03-3106847338ns5:ShareCapital2024-03-3106847338ns5:ShareCapital2023-03-3106847338ns5:RetainedEarningsAccumulatedLosses2024-03-3106847338ns5:RetainedEarningsAccumulatedLosses2023-03-3106847338ns5:MotorVehicles2023-04-012024-03-3106847338ns5:ComputerEquipment2023-04-012024-03-3106847338ns5:MotorVehicles2023-03-3106847338ns5:ComputerEquipment2023-03-3106847338ns5:MotorVehicles2024-03-3106847338ns5:ComputerEquipment2024-03-3106847338ns5:MotorVehicles2023-03-3106847338ns5:ComputerEquipment2023-03-3106847338ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3106847338ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3106847338ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 06847338 (England and Wales)















Drewek.com Limited

Unaudited Financial Statements for the Year Ended 31 March 2024






Drewek.com Limited (Registered number: 06847338)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Drewek.com Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr N B Drewek
Mrs S J Drewek





SECRETARY: Mrs S J Drewek





REGISTERED OFFICE: Wyndcoombe
The Broadway
Alfriston
Polegate
East Sussex
BN26 5XH





REGISTERED NUMBER: 06847338 (England and Wales)





ACCOUNTANTS: Swindells LLP
Chartered Accountants
Atlantic House
8 Bell Lane
Bellbrook Industrial Estate
Uckfield
East Sussex
TN22 1QL

Drewek.com Limited (Registered number: 06847338)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,964 8,893

CURRENT ASSETS
Debtors 5 72,386 48,362
Cash at bank 70,178 48,666
142,564 97,028
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

82,729

45,598
NET CURRENT ASSETS 59,835 51,430
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,799

60,323

CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR

7

(16,963

)

(25,813

)

PROVISIONS FOR LIABILITIES (1,741 ) (102 )
NET ASSETS 48,095 34,408

CAPITAL AND RESERVES
Called up share capital 8 4 4
Retained earnings 48,091 34,404
SHAREHOLDERS' FUNDS 48,095 34,408

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Drewek.com Limited (Registered number: 06847338)

Balance Sheet - continued
31 March 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by:





Mr N B Drewek - Director


Drewek.com Limited (Registered number: 06847338)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Drewek.com 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents revenue, net of VAT, from commercial transactions under which the company supplies customers the goods and services that it is in business to provide and it is recognised when it obtains, through performance under contract, the right to consideration for those goods and services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Drewek.com Limited (Registered number: 06847338)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 16,450 6,744 23,194
Additions - 925 925
At 31 March 2024 16,450 7,669 24,119
DEPRECIATION
At 1 April 2023 9,510 4,791 14,301
Charge for year 1,735 1,119 2,854
At 31 March 2024 11,245 5,910 17,155
NET BOOK VALUE
At 31 March 2024 5,205 1,759 6,964
At 31 March 2023 6,940 1,953 8,893

Drewek.com Limited (Registered number: 06847338)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 64,697 40,546
Other debtors 7,689 7,816
72,386 48,362

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,850 8,850
Trade creditors 462 2,531
Taxation and social security 14,775 10,062
Other creditors 58,642 24,155
82,729 45,598

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 16,963 25,813

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
4 Ordinary £1 4 4

9. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed one of the directors amounts totalling £18,692 (2023 - £20,381). This loan is unsecured, interest free and repayable on demand.

During the year the company paid dividends to the directors totalling £2,000 (2023 - £4,000).