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Company No: 12050009 (England and Wales)

DRL PHOTOGRAPHY AND DESIGNS LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

DRL PHOTOGRAPHY AND DESIGNS LIMITED

UNAUDITED FINANCIAL STATEMENTS

For the financial year ended 30 June 2024

Contents

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DRL PHOTOGRAPHY AND DESIGNS LIMITED

For the financial year ended 30 June 2024

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DRL PHOTOGRAPHY AND DESIGNS LIMITED (continued)

For the financial year ended 30 June 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DRL Photography and Designs Limited for the financial year ended 30 June 2024 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

It is your duty to ensure that DRL Photography and Designs Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of DRL Photography and Designs Limited. You consider that DRL Photography and Designs Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of DRL Photography and Designs Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Board of Directors of DRL Photography and Designs Limited, as a body, in accordance with the terms of our engagement letter dated 24 March 2023. Our work has been undertaken solely to prepare for your approval the financial statements of DRL Photography and Designs Limited and state those matters that we have agreed to state to the Board of Directors of DRL Photography and Designs Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DRL Photography and Designs Limited and its Board of Directors as a body for our work or for this report.

Kreston Reeves LLP
Chartered Accountants

37 St Margarets Street
Canterbury
Kent
CT1 2TU

25 March 2025

DRL PHOTOGRAPHY AND DESIGNS LIMITED

BALANCE SHEET

As at 30 June 2024
DRL PHOTOGRAPHY AND DESIGNS LIMITED

BALANCE SHEET (continued)

For the financial year ended 30 June 2024
2024 2023
£ £
Fixed assets 7,148 9,862
Current assets 2,057 4,246
Creditors: amounts falling due within one year ( 93,149) ( 80,808)
Net current liabilities ( 91,092) ( 76,562)
Total assets less current liabilities ( 83,944) ( 66,700)
Accruals and deferred income ( 3,984) ( 3,792)
Net liabilities ( 87,928) ( 70,492)
Capital and reserves ( 87,928) ( 70,492)

For the financial year ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of DRL Photography and Designs Limited (registered number: 12050009) were approved and authorised for issue by the Board of Directors on 25 March 2025 and were signed on its behalf by:

Daniel Robert Long
Director
DRL PHOTOGRAPHY AND DESIGNS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
DRL PHOTOGRAPHY AND DESIGNS LIMITED

NOTES TO THE FINANCIAL STATEMENTS (continued)

For the For the financial year ended 30 June 2024

1. Company information

The Company is a private company limited by shares and is incorporated in the United Kingdom and registered in England and Wales (Company no. 12050009). The address of its registered office is 37 St. Margarets Street, Canterbury, CT1 2TU, United Kingdom.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the financial year, including directors 2 2

3. Accounting policies

Going concern

The company has started to generate revenue, however, due to the nature of the business, the company is reliant upon the continued the support of the director who has financed the business by way of loan.

The director has indicated that the whole of the balance at the year-end will remain on loan to the company for a period of at least twelve months from the date of the approval of these accounts.

Furthermore, the director has considered the trading position for a period of twelve months from the date of the approval of these accounts and considers that the company will either generate cashflows sufficient for it to be able to trade for the foreseeable future or the director will introduce such funds to enable the company to continue. On this basis the director considers it appropriate to prepare the financial statements on the going concern basis.

These financial statements do not, therefore, include any adjustments that would result from either cashflow resources failing to meet requirements nor a withdrawal of the directors loan.