REGISTERED NUMBER: 04340122 (England and Wales)

DRDH ARCHITECTS LIMITED

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

D C Howarth

D Rosbottom

Secretary:

D Rosbottom

Registered office:

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Registered number:

04340122 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Tangible assets

3

18,127

24,170

Current assets

Debtors

4

257,210

396,362

Cash at bank

42,349

10,096

299,559

406,458

Creditors

Amounts falling due within one year

5

(106,653

)

(223,017

)

Net current assets

192,906

183,441

Total assets less current liabilities

211,033

207,611

Provisions for liabilities

7

(4,532

)

(4,592

)

Net assets

206,501

203,019

Capital and reserves

Called up share capital

8

100

100

Retained earnings

9

206,401

202,919

Shareholders' funds

206,501

203,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

D C Howarth - Director

1.	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.

Turnover

Turnover represents amounts receivable for architectural services provided and is stated net of VAT.

Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of revenue reflects the accrual of the right to consideration by reference to the value of work performed. Revenue not billed to clients is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.

Fee income that is contingent on events outside the control of the firm is recognised when the contingent event occurs.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2.	Employees and directors

The average number of employees during the year was 10 (2023 - 9 ) .

3.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 January 2024

and 31 December 2024

39,829

86,256

126,085

Depreciation

At 1 January 2024

28,805

73,110

101,915

Charge for year

2,756

3,287

6,043

At 31 December 2024

31,561

76,397

107,958

Net book value

At 31 December 2024

8,268

9,859

18,127

At 31 December 2023

11,024

13,146

24,170

4.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

166,649

176,720

Amounts recoverable on contract

89,461

218,461

Other debtors

1,100

1,181

257,210

396,362

5.

Creditors: amounts falling due within one year

2024

2023

£

£

Bank loans and overdrafts

7,958

70

Trade creditors

29,468

26,448

Taxation and social security

34,987

136,115

Other creditors

34,240

60,384

106,653

223,017

6.	Secured debts

The following secured debts are included within creditors:

2024

2023

£

£

Funding circle

-

27,141

7.	Provisions for liabilities

2024

2023

£

£

Deferred tax

Accelerated capital allowances

4,532

4,592

Deferred tax

£

Balance at 1 January 2024

4,592

Provided during year

(60

)

Balance at 31 December 2024

4,532

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

9.

Reserves

Retained

earnings

£

At 1 January 2024

202,919

Profit for the year

3,482

At 31 December 2024

206,401

10.	Related party disclosures

Included in other creditors is £22,901 (2023 - £22,901) owed to the directors.