DRS16 LTD


Directors	MCCROSSAN, Debbie
	Joseph McCrossan


Registered Address	Piccadilly Business Centre Aldow Enterprise Park
	Blackett Street
	Manchester
	M12 6AE


Registered Number	10340220 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		67,501		34,978
			67,501		34,978
Current assets
Stocks	4	2,477		1,500
Debtors	5	16,635		18,405
Cash at bank and on hand		16,888		21,958
		36,000		41,863
Creditors amounts falling due within one year	6	(29,799)		(43,656)
Net current assets (liabilities)			6,201		(1,793)
Total assets less current liabilities			73,702		33,185
Creditors amounts falling due after one year	7		(33,003)		(20,606)
Provisions for liabilities	9		(9,509)		(3,424)
Net assets			31,190		9,155
Capital and reserves
Called up share capital			1		1
Profit and loss account			31,189		9,154
Shareholders' funds			31,190		9,155

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 21 October 2025, and are signed on its behalf by:

Joseph McCrossan
Director
Registered Company No. 10340220

DRS16 LTD

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Vehicles	25
	Office Equipment	15

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		1

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 February 24	2,911	66,309	13,126	82,346
Additions	5,190	37,500	-	42,690
At 31 January 25	8,101	103,809	13,126	125,036
Depreciation and impairment
At 01 February 24	1,873	37,230	8,265	47,368
Charge for year	578	8,774	815	10,167
At 31 January 25	2,451	46,004	9,080	57,535
Net book value
At 31 January 25	5,650	57,805	4,046	67,501
At 31 January 24	1,038	29,079	4,861	34,978

4.	Stocks

	2025	2024
	£	£
Work in progress	2,477	1,500
Total	2,477	1,500

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	6,247	10,200
Other debtors	10,236	8,052
Prepayments and accrued income	152	153
Total	16,635	18,405

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	2,564	2,482
Bank borrowings and overdrafts	4,153	4,134
Taxation and social security	10,040	22,620
Finance lease and HP contracts	13,042	6,360
Other creditors	-	8,060
Total	29,799	43,656


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,931	6,975
Other creditors	30,072	13,631
Total	33,003	20,606

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	43,115		19,991

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	9,509	3,424
Total	9,509	3,424