IRIS Accounts Production v24.3.2.46 09971818 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh099718182023-04-30099718182024-04-30099718182023-05-012024-04-30099718182022-04-30099718182022-05-012023-04-30099718182023-04-3009971818ns15:EnglandWales2023-05-012024-04-3009971818ns14:PoundSterling2023-05-012024-04-3009971818ns10:Director12023-05-012024-04-3009971818ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3009971818ns10:SmallEntities2023-05-012024-04-3009971818ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3009971818ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3009971818ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3009971818ns10:FullAccounts2023-05-012024-04-3009971818ns10:OrdinaryShareClass12023-05-012024-04-3009971818ns10:Director22023-05-012024-04-3009971818ns10:RegisteredOffice2023-05-012024-04-3009971818ns5:CurrentFinancialInstruments2024-04-3009971818ns5:CurrentFinancialInstruments2023-04-3009971818ns5:ShareCapital2024-04-3009971818ns5:ShareCapital2023-04-3009971818ns5:RetainedEarningsAccumulatedLosses2024-04-3009971818ns5:RetainedEarningsAccumulatedLosses2023-04-3009971818ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-05-012024-04-3009971818ns5:PlantMachinery2023-05-012024-04-3009971818ns5:FurnitureFittings2023-05-012024-04-3009971818ns5:MotorVehicles2023-05-012024-04-3009971818ns5:ComputerEquipment2023-05-012024-04-3009971818ns5:LandBuildings2023-04-3009971818ns5:PlantMachinery2023-04-3009971818ns5:FurnitureFittings2023-04-3009971818ns5:LandBuildings2023-05-012024-04-3009971818ns5:LandBuildings2024-04-3009971818ns5:PlantMachinery2024-04-3009971818ns5:FurnitureFittings2024-04-3009971818ns5:LandBuildings2023-04-3009971818ns5:PlantMachinery2023-04-3009971818ns5:FurnitureFittings2023-04-3009971818ns5:MotorVehicles2023-04-3009971818ns5:ComputerEquipment2023-04-3009971818ns5:MotorVehicles2024-04-3009971818ns5:ComputerEquipment2024-04-3009971818ns5:MotorVehicles2023-04-3009971818ns5:ComputerEquipment2023-04-3009971818ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3009971818ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3009971818ns10:OrdinaryShareClass12024-04-3009971818ns5:RetainedEarningsAccumulatedLosses2023-04-3009971818ns5:RetainedEarningsAccumulatedLosses2023-05-012024-04-30
REGISTERED NUMBER: 09971818 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

CARL DRURY LIMITED

CARL DRURY LIMITED (REGISTERED NUMBER: 09971818)

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


CARL DRURY LIMITED

Company Information
for the year ended 30 April 2024







Directors: Mr C D Drury
Mrs S T E Drury





Registered office: Lymn Grange Croft Lane
Croft
Skegness
PE24 4PA





Registered number: 09971818 (England and Wales)





Accountants: Haines Watts
Chartered Accountants
23 Algitha Road
Skegness
United Kingdom
PE25 2AG

CARL DRURY LIMITED (REGISTERED NUMBER: 09971818)

Statement of Financial Position
30 April 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 254,685 232,756

Current assets
Stocks 5 20,167 -
Debtors 6 - 11,772
Cash at bank and in hand 96,241 253,471
116,408 265,243
Creditors
Amounts falling due within one year 7 27,719 72,085
Net current assets 88,689 193,158
Total assets less current liabilities 343,374 425,914

Provisions for liabilities 10,463 10,537
Net assets 332,911 415,377

Capital and reserves
Called up share capital 9 1,000 1,000
Retained earnings 10 331,911 414,377
Shareholders' funds 332,911 415,377

CARL DRURY LIMITED (REGISTERED NUMBER: 09971818)

Statement of Financial Position - continued
30 April 2024


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 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.

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 Board of Directors and authorised for issue on 17 January 2025 and were signed on its behalf by:





Mr C D Drury - Director


CARL DRURY LIMITED (REGISTERED NUMBER: 09971818)

Notes to the Financial Statements
for the year ended 30 April 2024


1. Statutory information

Carl Drury 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 5% on reducing balance
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

CARL DRURY LIMITED (REGISTERED NUMBER: 09971818)

Notes to the Financial Statements - continued
for the year ended 30 April 2024


2. Accounting policies - continued

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 5 (2023 - 32 ) .

4. Tangible fixed assets
Fixtures
Freehold Plant and and
property machinery fittings
£ £ £
Cost
At 1 May 2023 205,401 49,724 790
Additions 28,156 14,680 -
Disposals - - -
At 30 April 2024 233,557 64,404 790
Depreciation
At 1 May 2023 28,861 17,190 627
Charge for year 8,465 8,953 33
Eliminated on disposal - - -
At 30 April 2024 37,326 26,143 660
Net book value
At 30 April 2024 196,231 38,261 130
At 30 April 2023 176,540 32,534 163

Motor Computer
vehicles equipment Totals
£ £ £
Cost
At 1 May 2023 67,052 661 323,628
Additions - 1,415 44,251
Disposals - (617 ) (617 )
At 30 April 2024 67,052 1,459 367,262
Depreciation
At 1 May 2023 43,701 493 90,872
Charge for year 4,670 201 22,322
Eliminated on disposal - (617 ) (617 )
At 30 April 2024 48,371 77 112,577
Net book value
At 30 April 2024 18,681 1,382 254,685
At 30 April 2023 23,351 168 232,756

The net book value of tangible fixed assets includes £NIL (2023 - £ 14,936 ) in respect of assets held under hire purchase contracts.

CARL DRURY LIMITED (REGISTERED NUMBER: 09971818)

Notes to the Financial Statements - continued
for the year ended 30 April 2024


5. Stocks
2024 2023
£ £
Stocks 20,167 -

6. Debtors: amounts falling due within one year
2024 2023
£ £
Other debtors - 3,270
Prepayments - 8,502
- 11,772

7. Creditors: amounts falling due within one year
2024 2023
£ £
Hire purchase contracts - 863
Trade creditors 14,481 5,314
Corporation tax - 6,918
Social security and other taxes 1,141 643
VAT 4,858 46,827
Other creditors 6,863 8,379
Directors' current accounts 376 3,141
27,719 72,085

8. Secured debts

The following secured debts are included within creditors:

2024 2023
£ £
Hire purchase contracts - 863

The hire purchase agreements are secured on the assets financed.

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
1,000 Ordinary £1 1,000 1,000

10. Reserves
Retained
earnings
£

At 1 May 2023 414,377
Deficit for the year (71,466 )
Dividends (11,000 )
At 30 April 2024 331,911

CARL DRURY LIMITED (REGISTERED NUMBER: 09971818)

Notes to the Financial Statements - continued
for the year ended 30 April 2024


11. Related party disclosures

Mr C D Drury
Director


During the year the company paid a dividend of £11,000 (2023 £16,000) to the director.

2024 2023
£ £
Amount due to related party at the balance sheet date 376 3,141

12. Ultimate controlling party

The ultimate controlling party is Mr C D Drury.