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Company Registration No. 12554197 (England and Wales)
DRUM VENTURES LTD Unaudited accounts for the year ended 30 April 2024
DRUM VENTURES LTD Unaudited accounts Contents
Page
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DRUM VENTURES LTD Company Information for the year ended 30 April 2024
Director
Amy Tilley
Company Number
12554197 (England and Wales)
Registered Office
17 High Street Manea March Cambridgeshire PE15 0JA England
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DRUM VENTURES LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,345 
19,966 
Investments
25,251 
25,251 
43,596 
45,217 
Current assets
Debtors
300,404 
164,742 
Cash at bank and in hand
145,320 
214,979 
445,724 
379,721 
Creditors: amounts falling due within one year
(209,226)
(184,700)
Net current assets
236,498 
195,021 
Net assets
280,094 
240,238 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
280,093 
240,237 
Shareholders' funds
280,094 
240,238 
For the year ending 30 April 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 director acknowledges her 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 and authorised for issue on 24 January 2025 and were signed on its behalf by
Amy Tilley Director Company Registration No. 12554197
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DRUM VENTURES LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
DRUM VENTURES LTD is a private company, limited by shares, registered in England and Wales, registration number 12554197. The registered office is 17 High Street, Manea, March, Cambridgeshire, PE15 0JA, 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. These accounts are to replace the original accounts, and are now the statutory accounts, they are prepared as they were at the date of the original accounts.
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. These accounts are to replace the original accounts, and are now the statutory accounts, they are prepared as they were at the date of the original accounts.
Presentation currency
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:
Motor vehicles
20% Straight Line
Fixtures & fittings
33% Straight Line
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
19,888 
1,207 
21,095 
Additions
- 
2,833 
2,833 
At 30 April 2024
19,888 
4,040 
23,928 
Depreciation
At 1 May 2023
331 
798 
1,129 
Charge for the year
3,978 
476 
4,454 
At 30 April 2024
4,309 
1,274 
5,583 
Net book value
At 30 April 2024
15,579 
2,766 
18,345 
At 30 April 2023
19,557 
409 
19,966 
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DRUM VENTURES LTD Notes to the Accounts for the year ended 30 April 2024
5
Investments
Other investments 
£ 
Valuation at 1 May 2023
25,251 
Valuation at 30 April 2024
25,251 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
130,155 
47,605 
Accrued income and prepayments
170,249 
117,137 
300,404 
164,742 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
73,939 
76,364 
Trade creditors
33,127 
25,614 
Taxes and social security
88,673 
68,397 
Other creditors
7,573 
4,825 
Loans from directors
284 
(2,028)
Accruals
5,630 
11,528 
209,226 
184,700 
8
Average number of employees
During the year the average number of employees was 17 (2023: 22).
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