REGISTERED NUMBER: 07596626 (England and Wales)

Dragon 300 Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr T Green

Mr S J Jaap

REGISTERED OFFICE:

Salisbury & Company

Irish Square

St Asaph

Denbighshire

LL17 0RN

REGISTERED NUMBER:

07596626 (England and Wales)

ACCOUNTANTS:

Salisbury & Company

Chartered Accountants

Irish Square

Upper Denbigh Road

St Asaph

Denbighshire

LL17 0RN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

225,120

234,641

225,120

234,641

CURRENT ASSETS

Stocks

1,440

1,865

Debtors

6

-

3,683

Cash at bank and in hand

35,315

66,009

36,755

71,557

CREDITORS

Amounts falling due within one year

7

29,556

40,192

NET CURRENT ASSETS

7,199

31,365

TOTAL ASSETS LESS CURRENT LIABILITIES

232,319

266,006

CREDITORS

Amounts falling due after more than one year

8

37,402

55,760

NET ASSETS

194,917

210,246

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

9

250,000

250,000

Retained earnings

(55,085

)

(39,756

)

SHAREHOLDERS' FUNDS

194,917

210,246

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 23 December 2025 and were signed on its behalf by:

Mr S J Jaap - Director

1.	STATUTORY INFORMATION

Dragon 300 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced provision of services and sales of goods, excluding Value Added Tax

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Land and buildings

-

20% on reducing balance

Plant and machinery etc

-

50% on cost

Leasehold properties - Straight line over the life of the lease

Plant and machinery - 15% reducing balance

Integral features - 15% reducing balance

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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

9,257

AMORTISATION

At 1 April 2024

and 31 March 2025

9,257

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

75,313

279,788

355,101

Additions

-

14,909

14,909

At 31 March 2025

75,313

294,697

370,010

DEPRECIATION

At 1 April 2024

22,687

97,773

120,460

Charge for year

3,254

21,176

24,430

At 31 March 2025

25,941

118,949

144,890

NET BOOK VALUE

At 31 March 2025

49,372

175,748

225,120

At 31 March 2024

52,626

182,015

234,641

Cost or valuation at 31 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2020

-

150,000

150,000

Valuation in 2021

75,313

85,087

160,400

Valuation in 2022

-

11,278

11,278

Valuation in 2023

-

19,407

19,407

Valuation in 2024

-

14,016

14,016

Valuation in 2025

-

14,909

14,909

75,313

294,697

370,010

If plant and machinery had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

50,087

50,087

Aggregate depreciation

22,969

22,969

Plant and Machinery were valued on an open market basis on 31 March 2020 by the directors. .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

3,683

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,645

11,911

Taxation and social security

22,799

23,767

Other creditors

3,112

4,514

29,556

40,192

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

37,402

55,760

9.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

250,000