DRUMCODE LTD

Company Registration Number:
09046646 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

DRUMCODE LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

DRUMCODE LTD

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 29,698 35,597
Investments: 4 0 211,551
Total fixed assets: 29,698 247,148
Current assets
Debtors: 5 171,007 97,127
Cash at bank and in hand: 299,256 582,841
Total current assets: 470,263 679,968
Creditors: amounts falling due within one year:   (97,445) (34,402)
Net current assets (liabilities): 372,818 645,566
Total assets less current liabilities: 402,516 892,714
Creditors: amounts falling due after more than one year:   (1,229,038) (55,062)
Total net assets (liabilities): (826,522) 837,652
Capital and reserves
Called up share capital: 500 500
Profit and loss account: (827,022) 837,152
Shareholders funds: (826,522) 837,652

The notes form part of these financial statements

DRUMCODE LTD

Balance sheet statements

For the year ending 31 August 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 April 2025
and signed on behalf of the board by:

Name: J Ford
Status: Director

The notes form part of these financial statements

DRUMCODE LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

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

DRUMCODE LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

DRUMCODE LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 116,799
Additions 4,000
At 31 August 2024 120,799
Depreciation
At 01 September 2023 81,202
Charge for year 9,899
At 31 August 2024 91,101
Net book value
At 31 August 2024 29,698
At 31 August 2023 35,597

DRUMCODE LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Fixed investments

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 the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

DRUMCODE LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 151,091 80,430