0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2024 - FRS102_2024 750 563 187 750 187 123,081 25,000 6,750 141,331 98,981 42,350 24,100 xbrli:pure xbrli:shares iso4217:GBP 03388419 2023-10-01 2024-09-30 03388419 2024-09-30 03388419 2023-09-30 03388419 2022-10-01 2023-09-30 03388419 2023-09-30 03388419 2022-09-30 03388419 core:PlantMachinery 2023-10-01 2024-09-30 03388419 bus:Director1 2023-10-01 2024-09-30 03388419 core:PlantMachinery 2023-09-30 03388419 core:PlantMachinery 2024-09-30 03388419 core:WithinOneYear 2024-09-30 03388419 core:WithinOneYear 2023-09-30 03388419 core:ShareCapital 2024-09-30 03388419 core:ShareCapital 2023-09-30 03388419 core:RetainedEarningsAccumulatedLosses 2024-09-30 03388419 core:RetainedEarningsAccumulatedLosses 2023-09-30 03388419 core:CostValuation core:Non-currentFinancialInstruments 2023-09-30 03388419 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-09-30 03388419 core:DisposalsRepaymentsInvestments core:Non-currentFinancialInstruments 2024-09-30 03388419 core:CostValuation core:Non-currentFinancialInstruments 2024-09-30 03388419 core:Non-currentFinancialInstruments core:ProvisionsForImpairmentInvestments 2024-09-30 03388419 core:Non-currentFinancialInstruments 2024-09-30 03388419 core:Non-currentFinancialInstruments 2023-09-30 03388419 core:PlantMachinery 2023-09-30 03388419 bus:SmallEntities 2023-10-01 2024-09-30 03388419 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 03388419 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 03388419 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 03388419 bus:FullAccounts 2023-10-01 2024-09-30
COMPANY REGISTRATION NUMBER: 03388419
Dragon Partners Limited
Filleted Unaudited Financial Statements
30 September 2024
Dragon Partners Limited
Statement of Financial Position
30 September 2024
2024
2023
Note
£
£
£
Fixed assets
Tangible assets
4
187
Investments
5
42,350
24,100
--------
--------
42,350
24,287
Current assets
Debtors
6
371
590
Cash at bank and in hand
16,297
28,004
--------
--------
16,668
28,594
Creditors: amounts falling due within one year
7
25,521
11,788
--------
--------
Net current (liabilities)/assets
( 8,853)
16,806
--------
--------
Total assets less current liabilities
33,497
41,093
--------
--------
Net assets
33,497
41,093
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
33,397
40,993
--------
--------
Shareholders funds
33,497
41,093
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Dragon Partners Limited
Statement of Financial Position (continued)
30 September 2024
These financial statements were approved by the board of directors and authorised for issue on 20 June 2025 , and are signed on behalf of the board by:
J J K Taylor
Director
Company registration number: 03388419
Dragon Partners Limited
Notes to the Financial Statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 180 Piccadilly, London, W1J 9HF.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Computer equipment
-
25% straight line
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4. Tangible assets
Plant and machinery
Total
£
£
Cost
At 1 October 2023 and 30 September 2024
750
750
----
----
Depreciation
At 1 October 2023
563
563
Charge for the year
187
187
----
----
At 30 September 2024
750
750
----
----
Carrying amount
At 30 September 2024
----
----
At 30 September 2023
187
187
----
----
5. Investments
Other investments other than loans
£
Cost
At 1 October 2023
123,081
Additions
25,000
Disposals
( 6,750)
---------
At 30 September 2024
141,331
---------
Impairment
At 1 October 2023 and 30 September 2024
98,981
---------
Carrying amount
At 30 September 2024
42,350
---------
At 30 September 2023
24,100
---------
6. Debtors
2024
2023
£
£
Other debtors
371
590
----
----
7. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
1,438
Other creditors
25,521
10,350
--------
--------
25,521
11,788
--------
--------