Drakon Heritage and Conservation LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC413360

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,465		1,801

			1,465		1,801
CURRENT ASSETS
Debtors	5	23,605		49,341
Cash at bank and in hand		70,719		34,032

		94,324		83,373
Creditors: Amounts Falling Due Within One Year	6	(15,552 )		(7,486 )

NET CURRENT ASSETS (LIABILITIES)			78,772		75,887

TOTAL ASSETS LESS CURRENT LIABILITIES			80,237		77,688

NET ASSETS ATTRIBUTABLE TO MEMBERS			80,237		77,688

REPRESENTED BY:
Equity
Members' other interests
Members' capital		(71,515)		(53,695)
Other reserves		151,752		131,383

			80,237		77,688

TOTAL MEMBERS' INTEREST
Members' other interests			80,237		77,688

			80,237		77,688

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Drakon Heritage and Conservation LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Dr J Butterworth

Designated Member

05/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Drakon Heritage and Conservation LLP is a limited liability partnership, incorporated in England & Wales, registered number OC413360 . The Registered Office is 9 Bank Road, Kingswood, Bristol, United Kingdom, London, BS15 8LS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover 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.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	3 years straight line
Computer Equipment	3 years straight line

2.4. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Drakon Heritage and Conservation LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 2 (2024: 3)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	2,076	6,610	8,686
Additions	-	708	708

As at 31 March 2025	2,076	7,318	9,394

Depreciation
As at 1 April 2024	1,712	5,173	6,885
Provided during the period	157	887	1,044

As at 31 March 2025	1,869	6,060	7,929

Net Book Value
As at 31 March 2025	207	1,258	1,465

As at 1 April 2024	364	1,437	1,801

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	23,605	48,989
Other debtors	-	352

	23,605	49,341

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	632	147
Other creditors	2,703	2,778
Taxation and social security	12,217	4,561

	15,552	7,486

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