NAME-DROPPERS LIMITED

Company Registration Number:
SC106904 (Scotland)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

NAME-DROPPERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

NAME-DROPPERS LIMITED

Company Information

for the Period Ended 31 July 2024




Director: Piers MacLeod
Registered office: 8a
Burgh Road
Cowdenbeath
GB-SCT
KY4 9QD
Company Registration Number: SC106904 (Scotland)

NAME-DROPPERS LIMITED

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 30,750 30,750
Tangible assets: 5 20,115 22,115
Total fixed assets: 50,865 52,865
Current assets
Stocks: 500 500
Debtors: 6 57,033 57,033
Total current assets: 57,533 57,533
Creditors: amounts falling due within one year: 7 ( 43,635 ) ( 48,874 )
Net current assets (liabilities): 13,898 8,659
Total assets less current liabilities: 64,763 61,524
Creditors: amounts falling due after more than one year: 8 ( 20,385 ) ( 23,000 )
Provision for liabilities: ( 1,500 ) ( 1,500 )
Total net assets (liabilities): 42,878 37,024

The notes form part of these financial statements

NAME-DROPPERS LIMITED

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 32,878 27,024
Shareholders funds: 42,878 37,024

For the year ending 31 July 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 10 April 2025
And Signed On Behalf Of The Board By:

Name: Piers MacLeod
Status: Director

The notes form part of these financial statements

NAME-DROPPERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
    Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs

    Tangible fixed assets depreciation policy

    Tangible Fixed Assets are measured at cost, less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off cost, less estimated residual value, of each asset evenly over its expected useful life.

NAME-DROPPERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 5

NAME-DROPPERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

NAME-DROPPERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Intangible assets

Other Total
Cost £ £
At 01 August 2023 30,750 30,750
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2024 30,750 30,750
Amortisation
Amortisation at 01 August 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 July 2024 - -
Net book value
Net book value at 31 July 2024 30,750 30,750
Net book value at 31 July 2023 30,750 30,750

Investments

NAME-DROPPERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Tangible assets

Plant & machinery Total
Cost £ £
At 01 August 2023 110,916 110,916
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2024 110,916 110,916
Depreciation
At 01 August 2023 88,801 88,801
Charge for year 2,000 2,000
On disposals - -
Other adjustments - -
At 31 July 2024 90,801 90,801
Net book value
At 31 July 2024 20,115 20,115
At 31 July 2023 22,115 22,115

NAME-DROPPERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Debtors


2024
£

2023
£
Trade debtors 10,000 10,000
Other debtors 47,033 47,033
Total 57,033 57,033

Amounts owned by group undertakings in which the company has a participating interest.

NAME-DROPPERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 10,294 15,000
Trade creditors 1,000 1,000
Taxation and social security 17,341 17,874
Other creditors 15,000 15,000
Total 43,635 48,874

NAME-DROPPERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

8.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 20,385 23,000
Total 20,385 23,000