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
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
Dragonheart Homes Limited
Statement of financial position
as at 31 March 2025
Tangible assets
264,344
247,251
Inventories
356,192
556,108
Cash at bank and in hand
928,132
120,119
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
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
Dragonheart Homes Limited
Notes to the Accounts
for the year ended 31 March 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
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.
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
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
At 31 March 2025
130,000
133,817
-
527
264,344
At 31 March 2024
130,000
117,251
-
-
247,251
Amounts falling due within one year
Trade debtors
626,742
135,347
Accrued income and prepayments
78,321
54,718
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
427,295
481,560
Taxes and social security
28,989
24,959
Other creditors
436,549
113,351
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).