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Company Registration No. 14041603 (England and Wales)
Dragonheart Homes Limited Unaudited accounts for the year ended 31 March 2025
Dragonheart Homes Limited Unaudited accounts Contents
Page
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Dragonheart Homes Limited Company Information for the year ended 31 March 2025
Directors
Thomas Alexander Northway Jason Mark Bassett
Company Number
14041603 (England and Wales)
Registered Office
Blake Morgan LLP One Central Square Cardiff Wales CF10 1FS Wales
Accountants
Avizio Accountants & Tax Advisory Ltd Level 30, The Leadenhall Building, 122 Leadenhall Street London EC3V 4AB
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Dragonheart Homes Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
264,344 
247,251 
Current assets
Inventories
356,192 
556,108 
Debtors
940,513 
190,065 
Cash at bank and in hand
928,132 
120,119 
2,224,837 
866,292 
Creditors: amounts falling due within one year
(1,343,292)
(764,154)
Net current assets
881,545 
102,138 
Net assets
1,145,889 
349,389 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,145,888 
349,388 
Shareholders' funds
1,145,889 
349,389 
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by
Jason Mark Bassett Director Company Registration No. 14041603
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Dragonheart Homes Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Dragonheart Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 14041603. The registered office is Blake Morgan LLP, One Central Square, Cardiff, Wales, CF10 1FS, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognized when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognized 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33%
Fixtures & fittings
100%
Computer equipment
33.33%
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/ completion.
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Dragonheart Homes Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2024
130,000 
249,994 
8,370 
- 
388,364 
Additions
- 
58,686 
- 
792 
59,478 
At 31 March 2025
130,000 
308,680 
8,370 
792 
447,842 
Depreciation
At 1 April 2024
- 
132,743 
8,370 
- 
141,113 
Charge for the year
- 
42,120 
- 
265 
42,385 
At 31 March 2025
- 
174,863 
8,370 
265 
183,498 
Net book value
At 31 March 2025
130,000 
133,817 
- 
527 
264,344 
At 31 March 2024
130,000 
117,251 
- 
- 
247,251 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
626,742 
135,347 
Accrued income and prepayments
78,321 
54,718 
Other debtors
235,450 
- 
940,513 
190,065 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
203,675 
42,202 
Trade creditors
427,295 
481,560 
Taxes and social security
28,989 
24,959 
Other creditors
436,549 
113,351 
Accruals
246,784 
102,082 
1,343,292 
764,154 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 37 (2024: 28).
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