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Dribond Limited
Registered Number:11635452
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2024
Dribond Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
11635452
As at 31 October 2024
Dribond Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
48,551
28,333
2
48,551
28,333
Current assets
Inventories
325,610
155,760
3
Trade and other receivables
178,183
189,719
4
28,200
Cash and cash equivalents
236,668
582,147
531,993
Trade and other payables: amounts falling due within one year
(307,875)
(298,015)
5
224,118
284,132
Net current assets
Total assets less current liabilities
332,683
252,451
Trade and other payables: amounts falling due after more than one year
-
(34,003)
6
298,680
Net assets
252,451
Capital and reserves
Called up share capital
100
100
Retained earnings
298,580
252,351
298,680
252,451
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2024 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.
Mr.Alan Wallis Director
These financial statements were approved and authorised for issue by the Board on 10 September 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 October 2024
Dribond Limited
Notes to the Financial Statements
Statutory Information
Dribond Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 11635452.
Registered address:
325 Brightside Lane
Sheffield
S9 2SP
The presentation currency is £ sterling.
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.
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 Straight line
25 Straight line
Motor Vehicles
2. Property, plant and equipment
Total
Motor Vehicles
Plant and
Machinery
£
£
£
Cost or valuation
At 01 November 2023
73,593
-
73,593
46,039
37,900
8,139
Additions
At 31 October 2024
81,732
37,900
119,632
Provision for depreciation and impairment
At 01 November 2023
45,260
-
45,260
Charge for year
25,821
9,475
16,346
At 31 October 2024
71,081
9,475
61,606
At 31 October 2024
Net book value
20,126
28,425
48,551
At 31 October 2023
28,333
-
28,333
3. Inventories
2023
2024
£
£
Stocks
155,760
325,610
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5
For the year ended 31 October 2024
Dribond Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Trade debtors
189,719
178,183
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
15,483
21,972
Trade creditors
-
50,046
Taxation and social security
211,034
129,479
Other creditors
71,498
106,378
298,015
307,875
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
34,003
-
7. Average number of persons employed
During the year the average number of employees was 5 (2023 : 6)
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