2023-08-172024-08-312024-08-31false15080080DRAFT ASSOCIATES LIMITED2025-05-12falseiso4217:GBPxbrli:pure150800802023-08-17150800802024-08-31150800802023-08-172024-08-31150800802023-08-16150800802023-08-16150800802023-08-162023-08-1615080080bus:SmallEntities2023-08-172024-08-3115080080bus:AuditExempt-NoAccountantsReport2023-08-172024-08-3115080080bus:AbridgedAccounts2023-08-172024-08-3115080080bus:PrivateLimitedCompanyLtd2023-08-172024-08-3115080080core:WithinOneYear2024-08-3115080080core:AfterOneYear2024-08-3115080080core:WithinOneYear2023-08-1615080080core:AfterOneYear2023-08-1615080080core:ShareCapital2024-08-3115080080core:SharePremium2024-08-3115080080core:RevaluationReserve2024-08-3115080080core:OtherReservesSubtotal2024-08-3115080080core:RetainedEarningsAccumulatedLosses2024-08-3115080080core:ShareCapital2023-08-1615080080core:SharePremium2023-08-1615080080core:RevaluationReserve2023-08-1615080080core:OtherReservesSubtotal2023-08-1615080080core:RetainedEarningsAccumulatedLosses2023-08-1615080080core:LandBuildings2024-08-3115080080core:PlantMachinery2024-08-3115080080core:Vehicles2024-08-3115080080core:FurnitureFittings2024-08-3115080080core:OfficeEquipment2024-08-3115080080core:NetGoodwill2024-08-3115080080core:IntangibleAssetsOtherThanGoodwill2024-08-3115080080core:ListedExchangeTraded2024-08-3115080080core:UnlistedNon-exchangeTraded2024-08-3115080080core:LandBuildings2023-08-1615080080core:PlantMachinery2023-08-1615080080core:Vehicles2023-08-1615080080core:FurnitureFittings2023-08-1615080080core:OfficeEquipment2023-08-1615080080core:NetGoodwill2023-08-1615080080core:IntangibleAssetsOtherThanGoodwill2023-08-1615080080core:ListedExchangeTraded2023-08-1615080080core:UnlistedNon-exchangeTraded2023-08-1615080080core:LandBuildings2023-08-172024-08-3115080080core:PlantMachinery2023-08-172024-08-3115080080core:Vehicles2023-08-172024-08-3115080080core:FurnitureFittings2023-08-172024-08-3115080080core:OfficeEquipment2023-08-172024-08-3115080080core:NetGoodwill2023-08-172024-08-3115080080core:IntangibleAssetsOtherThanGoodwill2023-08-172024-08-3115080080core:ListedExchangeTraded2023-08-172024-08-3115080080core:UnlistedNon-exchangeTraded2023-08-172024-08-3115080080core:MoreThanFiveYears2023-08-172024-08-3115080080core:Non-currentFinancialInstruments2024-08-3115080080core:Non-currentFinancialInstruments2023-08-1615080080dpl:CostSales2023-08-172024-08-3115080080dpl:DistributionCosts2023-08-172024-08-3115080080core:LandBuildings2023-08-172024-08-3115080080core:PlantMachinery2023-08-172024-08-3115080080core:Vehicles2023-08-172024-08-3115080080core:FurnitureFittings2023-08-172024-08-3115080080core:OfficeEquipment2023-08-172024-08-3115080080dpl:AdministrativeExpenses2023-08-172024-08-3115080080core:NetGoodwill2023-08-172024-08-3115080080core:IntangibleAssetsOtherThanGoodwill2023-08-172024-08-3115080080dpl:GroupUndertakings2023-08-172024-08-3115080080dpl:ParticipatingInterests2023-08-172024-08-3115080080dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-172024-08-3115080080core:ListedExchangeTraded2023-08-172024-08-3115080080dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-172024-08-3115080080core:UnlistedNon-exchangeTraded2023-08-172024-08-3115080080dpl:CostSales2023-08-162023-08-1615080080dpl:DistributionCosts2023-08-162023-08-1615080080core:LandBuildings2023-08-162023-08-1615080080core:PlantMachinery2023-08-162023-08-1615080080core:Vehicles2023-08-162023-08-1615080080core:FurnitureFittings2023-08-162023-08-1615080080core:OfficeEquipment2023-08-162023-08-1615080080dpl:AdministrativeExpenses2023-08-162023-08-1615080080core:NetGoodwill2023-08-162023-08-1615080080core:IntangibleAssetsOtherThanGoodwill2023-08-162023-08-1615080080dpl:GroupUndertakings2023-08-162023-08-1615080080dpl:ParticipatingInterests2023-08-162023-08-1615080080dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-162023-08-1615080080core:ListedExchangeTraded2023-08-162023-08-1615080080dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-162023-08-1615080080core:UnlistedNon-exchangeTraded2023-08-162023-08-1615080080core:NetGoodwill2024-08-3115080080core:IntangibleAssetsOtherThanGoodwill2024-08-3115080080core:LandBuildings2024-08-3115080080core:PlantMachinery2024-08-3115080080core:Vehicles2024-08-3115080080core:FurnitureFittings2024-08-3115080080core:OfficeEquipment2024-08-3115080080core:AfterOneYear2024-08-3115080080core:WithinOneYear2024-08-3115080080core:ListedExchangeTraded2024-08-3115080080core:UnlistedNon-exchangeTraded2024-08-3115080080core:ShareCapital2024-08-3115080080core:SharePremium2024-08-3115080080core:RevaluationReserve2024-08-3115080080core:OtherReservesSubtotal2024-08-3115080080core:RetainedEarningsAccumulatedLosses2024-08-3115080080core:NetGoodwill2023-08-1615080080core:IntangibleAssetsOtherThanGoodwill2023-08-1615080080core:LandBuildings2023-08-1615080080core:PlantMachinery2023-08-1615080080core:Vehicles2023-08-1615080080core:FurnitureFittings2023-08-1615080080core:OfficeEquipment2023-08-1615080080core:AfterOneYear2023-08-1615080080core:WithinOneYear2023-08-1615080080core:ListedExchangeTraded2023-08-1615080080core:UnlistedNon-exchangeTraded2023-08-1615080080core:ShareCapital2023-08-1615080080core:SharePremium2023-08-1615080080core:RevaluationReserve2023-08-1615080080core:OtherReservesSubtotal2023-08-1615080080core:RetainedEarningsAccumulatedLosses2023-08-1615080080core:NetGoodwill2023-08-1615080080core:IntangibleAssetsOtherThanGoodwill2023-08-1615080080core:LandBuildings2023-08-1615080080core:PlantMachinery2023-08-1615080080core:Vehicles2023-08-1615080080core:FurnitureFittings2023-08-1615080080core:OfficeEquipment2023-08-1615080080core:AfterOneYear2023-08-1615080080core:WithinOneYear2023-08-1615080080core:ListedExchangeTraded2023-08-1615080080core:UnlistedNon-exchangeTraded2023-08-1615080080core:ShareCapital2023-08-1615080080core:SharePremium2023-08-1615080080core:RevaluationReserve2023-08-1615080080core:OtherReservesSubtotal2023-08-1615080080core:RetainedEarningsAccumulatedLosses2023-08-1615080080core:AfterOneYear2023-08-172024-08-3115080080core:WithinOneYear2023-08-172024-08-3115080080core:Non-currentFinancialInstrumentscore:CostValuation2023-08-172024-08-3115080080core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-172024-08-3115080080core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-172024-08-3115080080core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-172024-08-3115080080core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-172024-08-3115080080core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-172024-08-3115080080core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-172024-08-3115080080core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-172024-08-3115080080core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-172024-08-3115080080core:Non-currentFinancialInstrumentscore:CostValuation2024-08-3115080080core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-08-3115080080core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-08-3115080080core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-08-3115080080core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-08-3115080080core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-08-3115080080core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-08-3115080080core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-08-3115080080core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-08-3115080080core:Non-currentFinancialInstrumentscore:CostValuation2023-08-1615080080core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-1615080080core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-1615080080core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-1615080080core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-1615080080core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-1615080080core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-1615080080core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-1615080080core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-1615080080bus:Director12023-08-172024-08-31

DRAFT ASSOCIATES LIMITED

Registered Number
15080080
(England and Wales)

Unaudited Financial Statements for the Period ended
31 August 2024

DRAFT ASSOCIATES LIMITED
Company Information
for the period from 17 August 2023 to 31 August 2024

Director

Mr D Smith

Registered Address

1 Newlands Road
Cloughton
Scarborough
YO13 0AS

Registered Number

15080080 (England and Wales)
DRAFT ASSOCIATES LIMITED
Statement of Financial Position
31 August 2024

Notes

2024

£

£

Fixed assets
Tangible assets3900
900
Current assets
Cash at bank and on hand3,219
3,219
Creditors amounts falling due within one year4(4,646)
Net current assets (liabilities)(1,427)
Total assets less current liabilities(527)
Net assets(527)
Capital and reserves
Called up share capital100
Profit and loss account(627)
Shareholders' funds(527)
The financial statements were approved and authorised for issue by the Director on 12 May 2025, and are signed on its behalf by:
Mr D Smith
Director
Registered Company No. 15080080
DRAFT ASSOCIATES LIMITED
Notes to the Financial Statements
for the period ended 31 August 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Office Equipment4
2.Average number of employees

2024
Average number of employees during the year1
3.Tangible fixed assets

Total

£
Cost or valuation
Additions1,200
At 31 August 241,200
Depreciation and impairment
Charge for year300
At 31 August 24300
Net book value
At 31 August 24900
At 16 August 23-
4.Creditors: amounts due within one year

2024

£
Other creditors4,058
Accrued liabilities and deferred income588
Total4,646