IRIS Accounts Production v25.1.0.734 08495990 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh084959902023-04-30084959902024-04-30084959902023-05-012024-04-30084959902022-04-30084959902022-05-012023-04-30084959902023-04-3008495990ns15:EnglandWales2023-05-012024-04-3008495990ns14:PoundSterling2023-05-012024-04-3008495990ns10:Director12023-05-012024-04-3008495990ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3008495990ns10:SmallEntities2023-05-012024-04-3008495990ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3008495990ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3008495990ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3008495990ns10:FullAccounts2023-05-012024-04-3008495990ns10:Director22023-05-012024-04-3008495990ns10:RegisteredOffice2023-05-012024-04-3008495990ns5:CurrentFinancialInstruments2024-04-3008495990ns5:CurrentFinancialInstruments2023-04-3008495990ns5:Non-currentFinancialInstruments2024-04-3008495990ns5:Non-currentFinancialInstruments2023-04-3008495990ns5:ShareCapital2024-04-3008495990ns5:ShareCapital2023-04-3008495990ns5:RetainedEarningsAccumulatedLosses2024-04-3008495990ns5:RetainedEarningsAccumulatedLosses2023-04-3008495990ns5:PlantMachinery2023-05-012024-04-3008495990ns5:FurnitureFittings2023-05-012024-04-3008495990ns5:MotorVehicles2023-05-012024-04-3008495990ns5:ComputerEquipment2023-05-012024-04-3008495990ns5:PlantMachinery2023-04-3008495990ns5:FurnitureFittings2023-04-3008495990ns5:MotorVehicles2023-04-3008495990ns5:ComputerEquipment2023-04-3008495990ns5:PlantMachinery2024-04-3008495990ns5:FurnitureFittings2024-04-3008495990ns5:MotorVehicles2024-04-3008495990ns5:ComputerEquipment2024-04-3008495990ns5:PlantMachinery2023-04-3008495990ns5:FurnitureFittings2023-04-3008495990ns5:MotorVehicles2023-04-3008495990ns5:ComputerEquipment2023-04-3008495990ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-3008495990ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-012024-04-3008495990ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-04-3008495990ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-3008495990ns5:CostValuation2023-04-3008495990ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3008495990ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: 08495990 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

DREW TWO'S CONSULTING LTD

DREW TWO'S CONSULTING LTD (REGISTERED NUMBER: 08495990)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


DREW TWO'S CONSULTING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







Directors: Miss L J Drew
Miss E L Drew





Registered office: 1623 Warwick Road
Knowle
Solhull
West Midlands
B93 9LF





Registered number: 08495990 (England and Wales)





Accountants: Athos Business Solutions Limited
1623 Warwick Road
Knowle
Solihull
West Midlands
B93 9LF

DREW TWO'S CONSULTING LTD (REGISTERED NUMBER: 08495990)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 23,862 32,190
Investments 5 14,000 14,000
37,862 46,190

CURRENT ASSETS
Debtors 6 27,158 25,048
Cash at bank 1,149 23,152
28,307 48,200
CREDITORS
Amounts falling due within one year 7 6,972 16,088
NET CURRENT ASSETS 21,335 32,112
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,197

78,302

CREDITORS
Amounts falling due after more than one
year

8

(26,958

)

(29,214

)

PROVISIONS FOR LIABILITIES (3,419 ) (4,614 )
NET ASSETS 28,820 44,474

DREW TWO'S CONSULTING LTD (REGISTERED NUMBER: 08495990)

BALANCE SHEET - continued
30 APRIL 2024

2024 2023
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 28,818 44,472
28,820 44,474

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 28 April 2025 and were signed on its behalf by:





Miss E L Drew - Director


DREW TWO'S CONSULTING LTD (REGISTERED NUMBER: 08495990)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Drew Two'S Consulting Ltd 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, 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.
Plant and machinery - 20% on reducing balance
Fixtures & Fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

DREW TWO'S CONSULTING LTD (REGISTERED NUMBER: 08495990)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Fixtures Motor Computer
machinery & Fittings vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 May 2023
and 30 April 2024 997 795 48,008 3,704 53,504
Depreciation
At 1 May 2023 887 388 16,811 3,228 21,314
Charge for year 22 82 7,800 424 8,328
At 30 April 2024 909 470 24,611 3,652 29,642
Net book value
At 30 April 2024 88 325 23,397 52 23,862
At 30 April 2023 110 407 31,197 476 32,190

DREW TWO'S CONSULTING LTD (REGISTERED NUMBER: 08495990)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
Cost
At 1 May 2023
and 30 April 2024 40,908
Depreciation
At 1 May 2023 12,145
Charge for year 7,191
At 30 April 2024 19,336
Net book value
At 30 April 2024 21,572
At 30 April 2023 28,763

5. FIXED ASSET INVESTMENTS
Other
investments
£   
Cost
At 1 May 2023
and 30 April 2024 14,000
Net book value
At 30 April 2024 14,000
At 30 April 2023 14,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 48 48
Other debtors 27,110 25,000
27,158 25,048

DREW TWO'S CONSULTING LTD (REGISTERED NUMBER: 08495990)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 3,007 3,007
Taxation and social security - 11,215
Other creditors 3,965 1,866
6,972 16,088

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 26,958 29,214