Draper Property Group Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 15007787

		31 July 2024
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		160,000

			160,000
CURRENT ASSETS
Debtors	5	11,425
Cash at bank and in hand		851

		12,276
Creditors: Amounts Falling Due Within One Year	6	(196,644 )

NET CURRENT ASSETS (LIABILITIES)			(184,368 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(24,368 )

NET LIABILITIES			(24,368 )

CAPITAL AND RESERVES
Called up share capital	8		100
Profit and Loss Account			(24,468 )

SHAREHOLDERS' FUNDS			(24,368)

For the period ending 31 July 2024 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 in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Amy Draper

Director

05/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Draper Property Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15007787 . The registered office is 8 Park Avenue, Lydiate, Liverpool, L31 0BT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director's who have undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

2.3. Turnover

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

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2

4. Tangible Assets

	Investment Properties
	£
Cost or Valuation
As at 17 July 2023	-
Additions	173,273
Revaluation	(13,273 )

As at 31 July 2024	160,000

Net Book Value
As at 31 July 2024	160,000

As at 17 July 2023	-

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Draper Property Group Limited

Notes to the Financial Statements (continued)

For the Period 17 July 2023 to 31 July 2024

5. Debtors

	31 July 2024
	£
Due within one year
Prepayments and accrued income	11,170
Other debtors	255

	11,425

6. Creditors: Amounts Falling Due Within One Year

	31 July 2024
	£
Bank loans and overdrafts	96,711
Other creditors	46
Accruals and deferred income	1,160
Directors' loan accounts	98,727

	196,644

7. Secured Creditors

Of the creditors falling due within one year the following amount is secured by a fixed charge over the investment property. The loan is interest only with terms of 12 months.

	31 July 2024
	£
Bank loans and overdrafts	96,711

8. Share Capital

	31 July 2024
	£
Allotted, Called up and fully paid	100

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