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REGISTERED NUMBER: SC809844 (Scotland)















DRAMBOND LIMITED

Unaudited Financial Statements

for the Period 8 May 2024 to 31 December 2024






DRAMBOND LIMITED (REGISTERED NUMBER: SC809844)






Contents of the Financial Statements
FOR THE PERIOD 8 MAY 2024 TO 31 DECEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


DRAMBOND LIMITED

Company Information
FOR THE PERIOD 8 MAY 2024 TO 31 DECEMBER 2024







DIRECTORS: Terence Francis Bleeks
James Bleeks





REGISTERED OFFICE: SIr William Smith Road
Kirkton Industrial Estate
Arbroath
DD11 3RD





REGISTERED NUMBER: SC809844 (Scotland)





ACCOUNTANTS: CavanaghKelly
Chartered Accountants
36-38 Northland Row
Dungannon
Co. Tyrone
BT71 6AP

DRAMBOND LIMITED (REGISTERED NUMBER: SC809844)

Statement of Financial Position
31 DECEMBER 2024

Notes £
NON-CURRENT ASSETS
Tangible assets 5 170,781

CURRENT ASSETS
Receivables: amounts falling due within
one year

6

35,100
Cash at bank 961
36,061
PAYABLES
Amounts falling due within one year 7 (270,919 )
NET CURRENT LIABILITIES (234,858 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(64,077

)

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (64,177 )
(64,077 )

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the Company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:





James Bleeks - Director


DRAMBOND LIMITED (REGISTERED NUMBER: SC809844)

Notes to the Financial Statements
FOR THE PERIOD 8 MAY 2024 TO 31 DECEMBER 2024

1. STATUTORY INFORMATION

Drambond Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Cash flow statement
The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

5. PROPERTY, PLANT AND EQUIPMENT
Plant and Computer
machinery equipment Totals
£ £ £
COST
Additions 150,000 20,795 170,795
At 31 December 2024 150,000 20,795 170,795
DEPRECIATION
Charge for period - 14 14
At 31 December 2024 - 14 14
NET BOOK VALUE
At 31 December 2024 150,000 20,781 170,781

6. RECEIVABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Other debtors 35,100

DRAMBOND LIMITED (REGISTERED NUMBER: SC809844)

Notes to the Financial Statements - continued
FOR THE PERIOD 8 MAY 2024 TO 31 DECEMBER 2024

7. PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Trade payables 205,976
Amounts owed to group undertakings 60,343
Taxation and social security 4,600
270,919