IRIS Accounts Production v24.3.2.46 05156368 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051563682023-06-30051563682024-06-30051563682023-07-012024-06-30051563682022-06-30051563682022-07-012023-06-30051563682023-06-3005156368ns15:EnglandWales2023-07-012024-06-3005156368ns14:PoundSterling2023-07-012024-06-3005156368ns10:Director12023-07-012024-06-3005156368ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3005156368ns10:SmallEntities2023-07-012024-06-3005156368ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3005156368ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3005156368ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3005156368ns10:FullAccounts2023-07-012024-06-300515636812023-07-012024-06-3005156368ns10:Director32023-07-012024-06-3005156368ns10:Director42023-07-012024-06-3005156368ns10:Director62023-07-012024-06-3005156368ns10:RegisteredOffice2023-07-012024-06-3005156368ns5:CurrentFinancialInstruments2024-06-3005156368ns5:CurrentFinancialInstruments2023-06-3005156368ns5:Non-currentFinancialInstruments2024-06-3005156368ns5:Non-currentFinancialInstruments2023-06-3005156368ns5:ShareCapital2024-06-3005156368ns5:ShareCapital2023-06-3005156368ns5:RetainedEarningsAccumulatedLosses2024-06-3005156368ns5:RetainedEarningsAccumulatedLosses2023-06-3005156368ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3005156368ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-07-012024-06-3005156368ns5:PlantMachinery2023-07-012024-06-3005156368ns5:IntangibleAssetsOtherThanGoodwill2023-06-3005156368ns5:IntangibleAssetsOtherThanGoodwill2024-06-3005156368ns5:IntangibleAssetsOtherThanGoodwill2023-06-3005156368ns5:PlantMachinery2023-06-3005156368ns5:PlantMachinery2024-06-3005156368ns5:PlantMachinery2023-06-3005156368ns5:CostValuation2023-06-3005156368ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3005156368ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 05156368 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Dragon Argent Limited

Dragon Argent Limited (Registered number: 05156368)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dragon Argent Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: J H J Phipson
M W Bezerra Speeks
J Jones
C L Marshall





REGISTERED OFFICE: 63 Bermondsey Street
London
SE1 3XF





REGISTERED NUMBER: 05156368 (England and Wales)





ACCOUNTANTS: Dragon Argent Limited
63 Bermondsey Street
London
SE1 3XF

Dragon Argent Limited (Registered number: 05156368)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,274 9,017
Tangible assets 5 14,350 23,817
Investments 6 4 4
17,628 32,838

CURRENT ASSETS
Debtors 7 679,927 680,792
Cash at bank 37,705 89,400
717,632 770,192
CREDITORS
Amounts falling due within one year 8 448,585 472,822
NET CURRENT ASSETS 269,047 297,370
TOTAL ASSETS LESS CURRENT
LIABILITIES

286,675

330,208

CREDITORS
Amounts falling due after more than one
year

9

32,854

38,022
NET ASSETS 253,821 292,186

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 252,821 291,186
253,821 292,186

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Dragon Argent Limited (Registered number: 05156368)

Balance Sheet - continued
30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by:





J H J Phipson - Director


Dragon Argent Limited (Registered number: 05156368)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Dragon Argent 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.

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, net of discounts and rebates, and excluding value added tax and any other sales taxes. Income derived from recharging third-party expenditure to customers at no profit is excluded from turnover and instead net off against the cost of sale.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of three years.

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 etc - Straight line over 5 years and Straight line over 3 years

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

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 24 (2023 - 24 ) .

Dragon Argent Limited (Registered number: 05156368)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2023
and 30 June 2024 17,230
AMORTISATION
At 1 July 2023 8,213
Charge for year 5,743
At 30 June 2024 13,956
NET BOOK VALUE
At 30 June 2024 3,274
At 30 June 2023 9,017

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 89,060
Additions 5,559
Disposals (1,769 )
At 30 June 2024 92,850
DEPRECIATION
At 1 July 2023 65,243
Charge for year 14,751
Eliminated on disposal (1,494 )
At 30 June 2024 78,500
NET BOOK VALUE
At 30 June 2024 14,350
At 30 June 2023 23,817

Dragon Argent Limited (Registered number: 05156368)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 30 June 2024 4
NET BOOK VALUE
At 30 June 2024 4
At 30 June 2023 4

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 431,097 431,953
Other debtors 248,830 248,839
679,927 680,792

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 5,172 3,532
Trade creditors 138,842 115,020
Taxation and social security 140,916 154,946
Other creditors 163,655 199,324
448,585 472,822

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 32,854 38,022