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REGISTERED NUMBER: 10078690 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2024

for

DRG Contracts Limited

DRG Contracts Limited (Registered number: 10078690)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


DRG Contracts Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: D R Gregory
Mrs L A Gregory





REGISTERED OFFICE: Unit 4 Common Barns
Hill Furze Road
Bishampton
Pershore
Worcestershire
WR10 2NU





REGISTERED NUMBER: 10078690 (England and Wales)





ACCOUNTANTS: Attwoods
Chartered Certified Accountants
90-92 High Street
Evesham
Worcestershire
WR11 4EU

DRG Contracts Limited (Registered number: 10078690)

Abridged Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Investments 4 426,302 381,302

CURRENT ASSETS
Debtors 264,432 72,582
Cash at bank 2,319 1,815
266,751 74,397
CREDITORS
Amounts falling due within one year 247,072 -
NET CURRENT ASSETS 19,679 74,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

445,981

455,699

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 445,879 455,597
SHAREHOLDERS' FUNDS 445,981 455,699

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

DRG Contracts Limited (Registered number: 10078690)

Abridged Balance Sheet - continued
30 September 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 15 April 2025 and were signed on its behalf by:




D R Gregory - Director



Mrs L A Gregory - Director


DRG Contracts Limited (Registered number: 10078690)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

DRG Contracts 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

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

DRG Contracts Limited (Registered number: 10078690)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 October 2023 381,302
Additions 45,000
At 30 September 2024 426,302
NET BOOK VALUE
At 30 September 2024 426,302
At 30 September 2023 381,302

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 September 2024 and the period ended 30 September 2023:

30.9.24 30.9.23
£    £   
D R Gregory and Mrs L A Gregory
Balance outstanding at start of year 2,570 59,120
Amounts advanced 38,650 4,460
Amounts repaid (1,248 ) (61,010 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 39,972 2,570

6. ULTIMATE CONTROLLING PARTY

The controlling party is D R Gregory.