Company Registration No. 13828826 (England and Wales)
Draper Emporium Ltd
Unaudited accounts
for the year ended 31 December 2024
Draper Emporium Ltd
Unaudited accounts
Contents
Draper Emporium Ltd
Company Information
for the year ended 31 December 2024
Directors
Paula Maestro Remuzgo
Jillian Drujon
Company Number
13828826 (England and Wales)
Registered Office
G127 Oxgate House
Oxgate Lane
London
NW2 7FS
England
Accountants
Darroch Accountancy Ltd
9 Old Foundry Close
St Just
Cornwall
TR19 7QS
Draper Emporium Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
3,692
5,457
Cash at bank and in hand
99,350
60,805
Creditors: amounts falling due within one year
(69,883)
(38,852)
Net current assets
31,679
21,953
Total assets less current liabilities
35,371
27,410
Provisions for liabilities
Deferred tax
(1,116)
(1,037)
Called up share capital
2
2
Profit and loss account
34,253
26,371
Shareholders' funds
34,255
26,373
For the year ending 31 December 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 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 15 January 2025 and were signed on its behalf by
Jillian Drujon
Director
Company Registration No. 13828826
Draper Emporium Ltd
Notes to the Accounts
for the year ended 31 December 2024
Draper Emporium Ltd is a private company, limited by shares, registered in England and Wales, registration number 13828826. The registered office is G127 Oxgate House, Oxgate Lane, London, NW2 7FS, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
20% straight line
Computer equipment
33.33% straight line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
8,376
1,158
9,534
At 31 December 2024
8,746
1,158
9,904
At 1 January 2024
3,305
772
4,077
Charge for the year
1,749
386
2,135
At 31 December 2024
5,054
1,158
6,212
At 31 December 2024
3,692
-
3,692
At 31 December 2023
5,071
386
5,457
Amounts falling due after more than one year
Draper Emporium Ltd
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
28,229
17,138
Loans from directors
20,516
15,035
7
Deferred taxation
2024
2023
Accelerated capital allowances
1,116
1,037
Provision at start of year
1,037
1,386
Charged/(credited) to the profit and loss account
79
(349)
Provision at end of year
1,116
1,037
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).