Dragonfly Posters International Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03052428 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

DRAGONFLY POSTERS INTERNATIONAL LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A Brereton

Mr I Ballard

REGISTERED OFFICE:

45 Colworth Road

London

E11 1JA

REGISTERED NUMBER:

03052428 (England and Wales)

ACCOUNTANTS:

EA

Chartered Accountants

869 High Road

London

N12 8QA

FIXED ASSETS

Tangible assets

4

241

401

CURRENT ASSETS

Stocks

5

7,686

9,919

Debtors

6

16,082

12,407

Cash at bank

12,602

11,295

36,370

33,621

CREDITORS

Amounts falling due within one year

7

14,290

12,445

NET CURRENT ASSETS

22,080

21,176

TOTAL ASSETS LESS CURRENT
LIABILITIES

22,321

21,577

CAPITAL AND RESERVES

Called up share capital

600

Retained earnings

21,721

20,977

SHAREHOLDERS' FUNDS

22,321

21,577

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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 31 October 2025 and were signed on its behalf by:

Mr I Ballard - Director

Mr A Brereton - Director

1.	STATUTORY INFORMATION

Dragonfly Posters International Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

TANGIBLE FIXED ASSETS

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

30% on cost

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 August 2024

and 31 July 2025

8,532

13,376

6,934

28,842

DEPRECIATION

At 1 August 2024

8,408

13,178

6,855

28,441

Charge for year

31

50

79

160

At 31 July 2025

8,439

13,228

6,934

28,601

NET BOOK VALUE

At 31 July 2025

93

148

-

241

At 31 July 2024

124

198

79

401

5.

STOCKS

2025

2024

£

Stocks

7,686

9,919

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

12,898

9,658

Amounts owed by connected companies

1,475

Other debtors

1,709

1,274

16,082

12,407

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

5,165

3,119

Other creditors

9,125

9,326

14,290

12,445

8.	RELATED PARTY DISCLOSURES

Included in debtors, amounts falling due within one year, is an interest free amount of £1,475 (2024: £1,475) owed by Damaged Goods Records Limited.

The two companies are connected by virtue of having Mr I Ballard as common director and also having a beneficial interest in both companies.

Also included in creditors, amounts falling due within one year, are interest free amounts of £6,321 (2024: £6,321) owed to the directors, Mr A Brereton and Mr I Ballard.

9.	ULTIMATE CONTROLLING PARTY

During the year under review, the company was not under the control of any one individual.