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Company Registration No. 08800362 (England and Wales)
DRYBY LTD Unaudited accounts for the year ended 31 December 2023
DRYBY LTD Unaudited accounts Contents
Page
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DRYBY LTD Company Information for the year ended 31 December 2023
Directors
Anita Puluczkai Krisztina Puluczkai
Company Number
08800362 (England and Wales)
Registered Office
74 MORTIMER STREET LONDON W1W 7RZ ENGLAND
Accountants
Cone Accounting Limited 124 City Road London EC1V 2NX
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DRYBY LTD Accountants' report
Accountants' report to the board of directors of DRYBY LTD (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 December 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 December 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Cone Accounting Limited 124 City Road London EC1V 2NX 27 September 2024
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DRYBY LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
39,530 
56,358 
Current assets
Inventories
16,249 
20,525 
Debtors
117,631 
136,279 
Cash at bank and in hand
50,177 
179,244 
184,057 
336,048 
Creditors: amounts falling due within one year
(181,011)
(346,003)
Net current assets/(liabilities)
3,046 
(9,955)
Total assets less current liabilities
42,576 
46,403 
Creditors: amounts falling due after more than one year
(14,940)
(24,912)
Net assets
27,636 
21,491 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
27,536 
21,391 
Shareholders' funds
27,636 
21,491 
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 27 September 2024 and were signed on its behalf by
Anita Puluczkai Director Company Registration No. 08800362
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DRYBY LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
DRYBY LTD is a private company, limited by shares, registered in England and Wales, registration number 08800362. The registered office is 74 MORTIMER STREET, LONDON, W1W 7RZ, 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 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.
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:
Land & buildings
10% Straight Line
Plant & machinery
33.33% Straight Line
Fixtures & fittings
33.33% Reducing Balance, 25% Straight Line and 20% Straight Line
Computer equipment
33.33% Reducing Balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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DRYBY LTD Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
149,402 
36,720 
50,209 
10,600 
246,931 
Additions
925 
- 
287 
- 
1,212 
Disposals
- 
(283)
- 
- 
(283)
At 31 December 2023
150,327 
36,437 
50,496 
10,600 
247,860 
Depreciation
At 1 January 2023
100,913 
35,969 
46,310 
7,381 
190,573 
Charge for the year
14,976 
535 
1,360 
1,073 
17,944 
On disposals
- 
(187)
- 
- 
(187)
At 31 December 2023
115,889 
36,317 
47,670 
8,454 
208,330 
Net book value
At 31 December 2023
34,438 
120 
2,826 
2,146 
39,530 
At 31 December 2022
48,489 
751 
3,899 
3,219 
56,358 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
22,920 
43,259 
Accrued income and prepayments
27,201 
25,520 
Other debtors
67,510 
67,500 
117,631 
136,279 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,978 
10,371 
VAT
30,783 
27,322 
Trade creditors
(8,409)
151,124 
Taxes and social security
6,056 
13,034 
Other creditors
5,215 
6,739 
Loans from directors
137,388 
137,413 
181,011 
346,003 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
14,940 
24,912 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
10,000 Ordinary shares of £0.01 each
100 
100 
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DRYBY LTD Notes to the Accounts for the year ended 31 December 2023
9
Controlling party
During the period under review the company was under the control of Ms A Puluczkai and Ms K Puluczkai, both directors and equal shareholders.
10
Average number of employees
During the year the average number of employees was 13 (2022: 17).
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