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REGISTERED NUMBER: 11306658 (England and Wales)















DRA ENTERPRISES LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024






DRA ENTERPRISES LTD (REGISTERED NUMBER: 11306658)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

DRA ENTERPRISES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: D R Allen





REGISTERED OFFICE: Finlayson & Co Whitby Court Abbey Road
Shepley
Huddersfield
United Kingdom
HD8 8EL





REGISTERED NUMBER: 11306658 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

DRA ENTERPRISES LTD (REGISTERED NUMBER: 11306658)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 834,265 834,008

CURRENT ASSETS
Debtors 5 - 414
Cash at bank 63,537 12,264
63,537 12,678
CREDITORS
Amounts falling due within one year 6 742,467 668,375
NET CURRENT LIABILITIES (678,930 ) (655,697 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

155,335

178,311

CREDITORS
Amounts falling due after more than one
year

7

146,664

156,109
NET ASSETS 8,671 22,202

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 8,571 22,102
SHAREHOLDERS' FUNDS 8,671 22,202

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

DRA ENTERPRISES LTD (REGISTERED NUMBER: 11306658)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 August 2024 and were signed by:





D R Allen - Director


DRA ENTERPRISES LTD (REGISTERED NUMBER: 11306658)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Dra Enterprises Ltd 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.

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 £.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and Machinery - 10% on cost
Motor Vehicles - 25% on cost
Computer Equipment - 25% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

DRA ENTERPRISES LTD (REGISTERED NUMBER: 11306658)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. PROPERTY, PLANT AND EQUIPMENT
Improvements
Freehold to Plant and
property property Machinery
£    £    £   
COST
At 1 May 2023 637,088 99,361 458
Additions - 25,807 166
At 30 April 2024 637,088 125,168 624
DEPRECIATION
At 1 May 2023 - - 26
Charge for year - - 49
At 30 April 2024 - - 75
NET BOOK VALUE
At 30 April 2024 637,088 125,168 549
At 30 April 2023 637,088 99,361 432

Motor Computer
Vehicles Equipment Totals
£    £    £   
COST
At 1 May 2023 101,875 791 839,573
Additions - - 25,973
At 30 April 2024 101,875 791 865,546
DEPRECIATION
At 1 May 2023 5,390 149 5,565
Charge for year 25,469 198 25,716
At 30 April 2024 30,859 347 31,281
NET BOOK VALUE
At 30 April 2024 71,016 444 834,265
At 30 April 2023 96,485 642 834,008

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 414

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,040 3,940
Taxation and social security 1,001 -
Other creditors 737,426 664,435
742,467 668,375

DRA ENTERPRISES LTD (REGISTERED NUMBER: 11306658)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 6,583 10,619
Other creditors 140,081 145,490
146,664 156,109

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 140,081 145,490

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 10,623 14,559
Mortgage Loans 140,080 -
150,703 14,559

Mortgage Loans are secured on the property to which they relate.

The Mortgage Lender Limited holds a satisfy charge on freehold land known as 22 Hope Street, Mapplewell, Barnsley, S75 6DA registered at the land registry under title number SYK660123

National Westminster Bank plc holds a satisfy charge on freehold property known as 41 Towngate, Mapplewell, Barnsley, S75 6AS registered at HM Land Registry with title number SYK395401

Charter Court Financial Services Limited holds a satisfy charge on freehold property known as 125 Greenside, Mapplewell, Barnsley, S75 6AX and registered at HM Land Registry with title number SKY80583

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RELATED PARTY DISCLOSURES

During the year the company was loaned £59,796 (2023: £142,875) from DRA Tower Crane Services & Hire Limited, a company controlled by David Robert Allen. At the year end £456,891 (2023: £397,095) was outstanding.

DRA ENTERPRISES LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
DRA ENTERPRISES LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 April 2024 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


5 August 2024