REGISTERED NUMBER: 11467215 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Dribben & Warwick Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Warwick

A S Dribben

REGISTERED OFFICE:

Reedham House

31 King Street West

Manchester

Greater Manchester

M3 2PJ

BUSINESS ADDRESS:

Unit 10, Quays Reach

Caroline Way

Salford

M50 2ZY

REGISTERED NUMBER:

11467215 (England and Wales)

ACCOUNTANTS:

Freedman Frankl & Taylor

Chartered Accountants

Reedham House

31 King Street West

Manchester

M3 2PJ

FIXED ASSETS

Tangible assets

4

2,965

5,236

Investment property

5

1,081,500

1,130,000

1,084,465

1,135,236

CURRENT ASSETS

Debtors

6

9,161

11,245

Cash at bank and in hand

2,439

2,432

11,600

13,677

CREDITORS

Amounts falling due within one year

7

(491,561

)

(546,136

)

NET CURRENT LIABILITIES

(479,961

)

(532,459

)

TOTAL ASSETS LESS CURRENT LIABILITIES

604,504

602,777

CREDITORS

Amounts falling due after more than one year

8

(432,159

)

(489,272

)

PROVISIONS FOR LIABILITIES

(38,950

)

(26,849

)

NET ASSETS

133,395

86,656

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

133,393

86,654

SHAREHOLDERS' FUNDS

133,395

86,656

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 9 January 2026 and were signed on its behalf by:

M Warwick - Director

A S Dribben - Director

1.	STATUTORY INFORMATION

Dribben & Warwick Holdings 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 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

Tangible fixed assets are initially recorded at cost less any tax, discounts and rebates. Cost includes the original purchase price of the asset and costs attributable to bringing the asset into its working condition for its intended use. Subsequently they are recorded at cost less accumulated depreciation and impairment.

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

Fixtures and Fittings

- 20% on cost

Impairment of fixed assets

Fixed assets are assessed at each reporting date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's fair value less costs to sell and value in use. Fixed assets that have been previously impaired are reviewed at each reporting date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

Where indicators exist for a decrease in an impairment loss previously recognised for assets, the prior impairment loss is tested to determine whether all or part of the impairment loss should be reversed. An impairment loss is reversed on an individual impaired asset to the extent that it does not increase the carrying amount of the asset above the carrying amount that would have been determined (net of depreciation) had no impairment been recognised.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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.

Going concern

The company's financial statements for the year ended 31 July 2025 have been prepared on a going concern basis as, after making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 August 2024

and 31 July 2025

15,063

DEPRECIATION

At 1 August 2024

9,827

Charge for year

2,271

At 31 July 2025

12,098

NET BOOK VALUE

At 31 July 2025

2,965

At 31 July 2024

5,236

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

1,130,000

Disposals

(100,000

)

Revaluations

51,500

At 31 July 2025

1,081,500

NET BOOK VALUE

At 31 July 2025

1,081,500

At 31 July 2024

1,130,000

Fair value at 31 July 2025 is represented by:

£

Valuation in 2020

14,127

Valuation in 2021

89,348

Valuation in 2022

14,822

Valuation in 2024

15,000

Valuation in 2025

51,500

Cost

896,703

1,081,500

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

896,703

977,865

Investment properties were valued on an open market basis on 31 July 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

9,161

11,245

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

26,228

26,773

Trade creditors

-

3,308

Taxation and social security

1,310

2,061

Other creditors

464,023

513,994

491,561

546,136

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

432,159

489,272

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

327,246

382,179

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

458,387

516,045

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1.00

2

2

11.	RELATED PARTY DISCLOSURES

Included within other creditors is the directors' current account balance of £48,389 (2024: £88,389). There are no fixed repayment terms and no interest is chargeable to the company in respect of this balance.

Included within other creditors is a balance amounting to £414,142 (2024: £423,905) due to companies in which certain directors of the company are also directors and shareholders. There are no fixed repayment terms and no interest is chargeable to the company in respect of these balances.