IRIS Accounts Production v25.1.4.42 04453343 director 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044533432023-06-30044533432024-06-30044533432023-07-012024-06-30044533432022-06-30044533432022-07-012023-06-30044533432023-06-3004453343ns15:EnglandWales2023-07-012024-06-3004453343ns14:PoundSterling2023-07-012024-06-3004453343ns10:Director12023-07-012024-06-3004453343ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3004453343ns10:SmallEntities2023-07-012024-06-3004453343ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3004453343ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3004453343ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3004453343ns10:FullAccounts2023-07-012024-06-3004453343ns10:RegisteredOffice2023-07-012024-06-3004453343ns5:CurrentFinancialInstruments2024-06-3004453343ns5:CurrentFinancialInstruments2023-06-3004453343ns5:Non-currentFinancialInstruments2024-06-3004453343ns5:Non-currentFinancialInstruments2023-06-3004453343ns5:ShareCapital2024-06-3004453343ns5:ShareCapital2023-06-3004453343ns5:RetainedEarningsAccumulatedLosses2024-06-3004453343ns5:RetainedEarningsAccumulatedLosses2023-06-3004453343ns5:PlantMachinery2023-07-012024-06-3004453343ns5:FurnitureFittings2023-07-012024-06-3004453343ns5:MotorVehicles2023-07-012024-06-3004453343ns5:ComputerEquipment2023-07-012024-06-3004453343ns5:PlantMachinery2023-06-3004453343ns5:FurnitureFittings2023-06-3004453343ns5:MotorVehicles2023-06-3004453343ns5:ComputerEquipment2023-06-3004453343ns5:PlantMachinery2024-06-3004453343ns5:FurnitureFittings2024-06-3004453343ns5:MotorVehicles2024-06-3004453343ns5:ComputerEquipment2024-06-3004453343ns5:PlantMachinery2023-06-3004453343ns5:FurnitureFittings2023-06-3004453343ns5:MotorVehicles2023-06-3004453343ns5:ComputerEquipment2023-06-3004453343ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3004453343ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30044533431ns10:Director12023-06-30044533431ns10:Director12022-06-30044533431ns10:Director12023-07-012024-06-30044533431ns10:Director12022-07-012023-06-30044533431ns10:Director12024-06-30044533431ns10:Director12023-06-30
REGISTERED NUMBER: 04453343 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2024

FOR

DRAY LUGGAGE LIMITED

DRAY LUGGAGE LIMITED (REGISTERED NUMBER: 04453343)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DRAY LUGGAGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTOR: M Draycott





REGISTERED OFFICE: 46 Main Street
Mexborough
South Yorkshire
S64 9DU





REGISTERED NUMBER: 04453343 (England and Wales)





ACCOUNTANTS: Leesing Marrison Lee & Co
Chartered Certified Accountants
46 Main Street
Mexborough
South Yorkshire
S64 9DU

DRAY LUGGAGE LIMITED (REGISTERED NUMBER: 04453343)

BALANCE SHEET
30TH JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,738 4,779

CURRENT ASSETS
Stocks 25,500 33,850
Debtors 5 74,694 71,148
Cash at bank 26 15,000
100,220 119,998
CREDITORS
Amounts falling due within one year 6 91,536 69,801
NET CURRENT ASSETS 8,684 50,197
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,422

54,976

CREDITORS
Amounts falling due after more than one
year

7

(28,694

)

(19,167

)

PROVISIONS FOR LIABILITIES (4,700 ) (971 )
NET ASSETS 28 34,838

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 25 34,835
SHAREHOLDERS' FUNDS 28 34,838

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 5th June 2025 and were signed by:




M Draycott - Director


DRAY LUGGAGE LIMITED (REGISTERED NUMBER: 04453343)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024

1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

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

The accounts have been prepared on a going concern basis which assumes the continued support of the director and other creditors.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 or deferred taxation assets and liabilities are not discounted.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

DRAY LUGGAGE LIMITED (REGISTERED NUMBER: 04453343)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st July 2023 3,980 4,683 - 3,345 12,008
Additions - 991 26,780 - 27,771
At 30th June 2024 3,980 5,674 26,780 3,345 39,779
DEPRECIATION
At 1st July 2023 3,980 1,300 - 1,949 7,229
Charge for year - 656 6,695 461 7,812
At 30th June 2024 3,980 1,956 6,695 2,410 15,041
NET BOOK VALUE
At 30th June 2024 - 3,718 20,085 935 24,738
At 30th June 2023 - 3,383 - 1,396 4,779

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 30,149 65,576
Other debtors 44,545 5,572
74,694 71,148

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 18,745 13,911
Hire purchase contracts 6,695 -
Trade creditors 7,940 4,318
Taxation and social security 50,590 43,326
Other creditors 7,566 8,246
91,536 69,801

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 9,167 19,167
Hire purchase contracts 19,527 -
28,694 19,167

DRAY LUGGAGE LIMITED (REGISTERED NUMBER: 04453343)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th June 2024 and 30th June 2023:

30.6.24 30.6.23
£    £   
M Draycott
Balance outstanding at start of year (2 ) (443 )
Amounts advanced 133,814 112,229
Amounts repaid (101,640 ) (111,788 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 32,172 (2 )

9. RELATED PARTY DISCLOSURES

M Draycott, being the sole shareholder, exercises control over the company.