2024-04-01 07773151 2025-03-31 07773151 2024-04-01 2025-03-31 07773151 2024-03-31 07773151 2023-04-01 2024-03-31 07773151 uk-core:WithinOneYear 2024-03-31 07773151 uk-core:WithinOneYear 2025-03-31 07773151 uk-core:ShareCapital 2025-03-31 07773151 uk-core:ShareCapital 2024-03-31 07773151 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 07773151 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 07773151 uk-bus:Director1 2024-04-01 2025-03-31 07773151 uk-core:PlantMachinery 2024-04-01 2025-03-31 07773151 uk-core:ComputerEquipment 2024-04-01 2025-03-31 07773151 uk-core:MotorCars 2024-04-01 2025-03-31 07773151 uk-core:ComputerEquipment 2024-03-31 07773151 uk-core:MotorCars 2024-03-31 07773151 uk-core:PlantMachinery 2024-03-31 07773151 uk-core:PlantMachinery 2025-03-31 07773151 uk-core:MotorCars 2025-03-31 07773151 uk-core:ComputerEquipment 2025-03-31 iso4217:GBP xbrli:pure 07773151 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07773151 uk-bus:FRS102 2024-04-01 2025-03-31 07773151 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 07773151 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31
Dragon Conveyor Ltd
Registered Number:07773151
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2025
Dragon Conveyor Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
07773151
As at 31 March 2025
Dragon Conveyor Ltd
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
3,414
3,958
2
3,414
3,958
Current assets
Inventories
950
800
3
Trade and other receivables
39,885
44,176
4
104,341
Cash and cash equivalents
94,682
139,658
145,176
Trade and other payables: amounts falling due within one
year
(49,875)
(32,342)
5
95,301
107,316
Net current assets
Total assets less current liabilities
110,730
99,259
(606)
(523)
Provisions for liabilities
110,124
Net assets
98,736
Capital and reserves
Called up share capital
150
150
Retained earnings
109,974
98,586
110,124
98,736
Shareholders' funds
For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
N Bennett Director
These financial statements were approved and authorised for issue by the Board on 28 July 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2025
Dragon Conveyor Ltd
Notes to the Financial Statements
Statutory Information
Dragon Conveyor Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07773151.
Registered address:
457A Richmond Road
Sheffield
South Yorkshire
S13 8LW
The presentation currency is £ sterling.
Turnover comprises the invoiced value of stokers and ancillary components for large scale bolier systems, excluding
value added tax. Turnover is re
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of stokers and ancillary components for large scale bolier systems, excluding value added tax. Turnover is recognised upon despatch of the products.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20% Reducing balance
20% Reducing balance
Computer Equipment
20% Reducing balance
Motor Vehicles
Inventories
Stocks, which comprises large scale bolier system components, are valued at cost. Cost is calculated using the first in, first out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate,
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Debtors and creditors due within one year
Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transcation price.
Any losses arising from impairment are recognised in the statement of comprehensive income within administrative
expenses.
Impairment
At each balance sheet date, assets are reviewed to determine whether there is any indication that any of the
individual assets have suffered an impairment. If such indication exists, the recoverable amount of the asset, or the
assest cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds
its recoverable amount, an impairment loss is recognised in the statement of comprehensive income.
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5
For the year ended 31 March 2025
Dragon Conveyor Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 April 2024
33,326
1,318
22,655
9,353
308
308
-
-
Additions
At 31 March 2025
9,353
22,655
1,626
33,634
Provision for depreciation and impairment
At 01 April 2024
29,368
1,149
21,253
6,966
Charge for year
852
95
280
477
At 31 March 2025
30,220
1,244
21,533
7,443
At 31 March 2025
Net book value
1,910
1,122
382
3,414
At 31 March 2024
2,387
1,402
169
3,958
The net book value of Commercial Vehicles, of £x, includes £x in respect of assets under finance leases or hire
purchase contracts.
The depreciation charge for the year includes £x in respect of Commercial Vehicles and Plant under finance leases or
hire purchase contracts.
3. Inventories
2024
2025
£
£
Stocks
800
950
Income on work in progress contracts is recognised by reference to the valuation of the time spent on each contract at the year end. Profit on work in progress contracts is recognised when the outcome of the contracts can be assessed with reasonable certainty, and is that amount which is estimated to reflect fairly the profit arising up at the year end.Profit on work in progress contracts is reflected in the profit and loss account as the difference between the reported turnover, and the related costs.
4. Trade and other receivables
2024
2025
£
£
Trade debtors
44,176
39,885
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6
For the year ended 31 March 2025
Dragon Conveyor Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Trade creditors
5,223
7,855
Taxation and social security
17,074
24,637
Other creditors
10,045
17,383
32,342
49,875
6. Average number of persons employed
During the year the average number of employees was 4 (2024 : 4)
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