DRAC (UK) Ltd - Accounts

DRAC (UK) Ltd
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

DRAC (UK) Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	36,880	44,976
		36,880	44,976
Current assets
Debtors: amounts falling due within one year		51,104	98,738
Debtors: amounts falling due after one year		2,100	2,100
Cash at bank and in hand		34,671	46,530
		87,875	147,368
Creditors: amount falling due within one year		(14,472)	(36,076)
Net current assets		73,403	111,292

Total assets less current liabilities		110,283	156,268
Creditors: amount falling due after more than one year		(40,542)	(57,349)
Net assets		69,741	98,919

Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		68,741	97,919
Shareholders' funds		69,741	98,919

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 30 December 2025 and were signed by:

-------------------------------
David Rawson
Director

1

DRAC (UK) Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

DRAC (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 09002063, registration address 10 Osprey Grove, Hucknall, Nottingham, Nottinghamshire, NG15 8HG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, 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	18% Reducing Balance
Motor Vehicles	18% Reducing Balance

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 April 2024	3,933	67,835	71,768
Additions	-	-	-
Disposals	-	-	-
At 31 March 2025	3,933	67,835	71,768
Depreciation
At 01 April 2024	3,368	23,424	26,792
Charge for year	102	7,994	8,096
On disposals	-	-	-
At 31 March 2025	3,470	31,418	34,888
Net book values
Closing balance as at 31 March 2025	463	36,417	36,880
Opening balance as at 01 April 2024	565	44,411	44,976

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
1,000 ORD shares of £1.00 each	1,000		1,000
	1,000		1,000

2

Registered Number: 09002063
England and Wales
DRAC (UK) LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025