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Logo On Report
Registered Number: 03550893
England and Wales

 

 

 

DRAFTCOPY LIMITED



Abridged Accounts
 


Period of accounts

Start date: 01 April 2024

End date: 31 March 2025
Report to the directors on the preparation of the unaudited statutory accounts of Draftcopy Limited for the year ended 31 March 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Draftcopy Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of Draftcopy Limited, as a body, in accordance with the terms of our engagement letter dated 11 April 2019. Our work has been undertaken solely to prepare for your approval the accounts of Draftcopy Limited and state those matters that we have agreed to state to the Board of Directors of Draftcopy Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Draftcopy Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Draftcopy Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Draftcopy Limited. You consider that Draftcopy Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Draftcopy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 March 2025.



....................................................

JLS & Co Accountants Limited

112 Gilfach Street
BARGOED
CF81 8LQ
12 September 2025
1
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Tangible fixed assets 3 68,845    79,463 
68,845    79,463 
Current assets      
Debtors 253,130    122,787 
Cash at bank and in hand 124,908    321,809 
378,038    444,596 
Creditors: amount falling due within one year (45,926)   (13,098)
Net current assets 332,112    431,498 
 
Total assets less current liabilities 400,957    510,961 
Creditors: amount falling due after more than one year (7,000)   (13,000)
Provisions for liabilities   (16,265)
Net assets 393,957    481,696 
 

Capital and reserves
     
Called up share capital 4 2    2 
Profit and loss account 393,955    481,694 
Shareholders' funds 393,957    481,696 
 


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.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 12 September 2025 and were signed by:


-------------------------------
Neil Pothecary
Director
2
General Information
Draftcopy Limited is a private company, limited by shares, registered in England and Wales, registration number 03550893, registration address 18 Tylchawen Terrace, Tonyrefail, CF39 8AH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
2.

Average number of employees


Average number of employees during the year was 7 (2024 : 7).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Computer Equipment   Total
  £   £   £   £
At 01 April 2024 175,420    91,805    666    267,891 
Additions   6,666      6,666 
Disposals      
At 31 March 2025 175,420    98,471    666    274,557 
Depreciation
At 01 April 2024 131,823    56,383    222    188,428 
Charge for year 6,540    10,523    221    17,284 
On disposals      
At 31 March 2025 138,363    66,906    443    205,712 
Net book values
Closing balance as at 31 March 2025 37,057    31,565    223    68,845 
Opening balance as at 01 April 2024 43,597    35,422    444    79,463 


4.

Share Capital

Allotted, called up and fully paid
2025
£
  2024
£
2 Ordinary shares of £1.00 each  
 

5.

Director’s loan

Director's Loan Account

The Director's Loan Account is overdrawn at the end of the year by £120,321.13 (2024:£NIL).  The largest overdrawn amount during the year was £120,321.13.  Interest has been charged at 2.25% for the months the loan exceeds £10,000 overdrawn and totalled £2,269.33 this year.
3