Company Registration No. 09233257 (England and Wales)
The UK Drone Company Limited
Unaudited accounts
for the year ended 30 September 2024
The UK Drone Company Limited
Unaudited accounts
Contents
The UK Drone Company Limited
Company Information
for the year ended 30 September 2024
Directors
MJ Thompson
MAG Monsell
Company Number
09233257 (England and Wales)
Registered Office
Mount Offham
Teston Road
Offham
Kent
ME19 5PG
Accountants
Times Accountancy Services Limited
Alcala
Rectory Lane
Woodmansterne
Surrey
SM7 3NY
The UK Drone Company Limited
Statement of financial position
as at 30 September 2024
Tangible assets
41,748
55,664
Cash at bank and in hand
18,509
63
Creditors: amounts falling due within one year
(83,899)
(76,596)
Net current (liabilities)/assets
(20,600)
41,866
Total assets less current liabilities
64,505
97,530
Creditors: amounts falling due after more than one year
(13,958)
(32,424)
Called up share capital
200
200
Profit and loss account
40,355
54,914
Shareholders' funds
50,547
65,106
For the year ending 30 September 2024 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 7 May 2025 and were signed on its behalf by
MAG Monsell
Director
Company Registration No. 09233257
The UK Drone Company Limited
Notes to the Accounts
for the year ended 30 September 2024
The UK Drone Company Limited is a private company, limited by shares, registered in England and Wales, registration number 09233257. The registered office is Mount Offham, Teston Road, Offham, Kent, ME19 5PG.
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.
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
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2023
116,159
24,295
140,454
At 30 September 2024
116,159
24,295
140,454
At 1 October 2023
74,161
10,629
84,790
Charge for the year
10,500
3,416
13,916
At 30 September 2024
84,661
14,045
98,706
At 30 September 2024
31,498
10,250
41,748
At 30 September 2023
41,998
13,666
55,664
5
Investments
Other investments
Valuation at 1 October 2023
-
Valuation at 30 September 2024
43,357
The UK Drone Company Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Trade debtors
23,516
53,634
Other debtors
21,274
64,765
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,958
9,958
Obligations under finance leases and hire purchase contracts
8,508
8,508
Trade creditors
15,335
17,410
Taxes and social security
19,178
17,990
Other creditors
8,289
4,736
Loans from directors
5,939
1,749
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
7,319
15,827
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
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Average number of employees
During the year the average number of employees was 3 (2023: 3).