Registration number: 06637213

Drama Direct Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Drama Direct Limited

Company Information

Director

M A McGann

Registered office

Cooper House 5 Lower Charlton Trading Estate Shepton Mallet Somerset BA4 5QE

Accountants

Burton Sweet Limited Chartered Accountants and Business Advisers Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

Drama Direct Limited

(Registration number: 06637213)
Balance Sheet
31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	-	13,166
Current assets
Debtors	5	12,782	11,457
Cash at bank and in hand		4,881	1,666
		17,663	13,123
Creditors: Amounts falling due within one year	6	(10,842)	(12,455)
Net current assets		6,821	668
Total assets less current liabilities		6,821	13,834
Creditors: Amounts falling due after more than one year	6	(11,821)	(24,255)
Net liabilities		(5,000)	(10,421)
Capital and reserves
Called up share capital		100	100
Share premium reserve		49,951	49,951
Retained earnings		(55,051)	(60,472)
Shareholders' deficit		(5,000)	(10,421)

Drama Direct Limited

(Registration number: 06637213)
Balance Sheet
31 July 2025

For the financial year ending 31 July 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; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 23 April 2026
 

......................................... M A McGann Director

Drama Direct Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Cooper House
5 Lower Charlton Trading Estate
Shepton Mallet
Somerset
BA4 5QE

These financial statements were authorised for issue by the director on 23 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

Tax

The tax expense for the period comprises tax and is recognised in profit or loss.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Drama Direct Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	33% per annum straight line
Fixtures & fittings	25% per annum reducing balance
Computer equipment	33% per annum straight line
Motor vehicles	25% per reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Drama Direct Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at their fair value at inception of the lease. The corresponding liability to the lessor is included in the Balance Sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the Profit and Loss Account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Drama Direct Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

4	Tangible assets

	Fixtures and fittings £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 August 2024	1,037	5,006	23,387	29,430
Disposals	-	-	(23,387)	(23,387)
At 31 July 2025	1,037	5,006	-	6,043
Depreciation
At 1 August 2024	1,026	5,006	10,232	16,264
Charge for the year	11	-	-	11
Eliminated on disposal	-	-	(10,232)	(10,232)
At 31 July 2025	1,037	5,006	-	6,043
Carrying amount
At 31 July 2025	-	-	-	-
At 31 July 2024	11	-	13,155	13,166

5

Debtors

	2025 £	2024 £
Other debtors	12,782	11,457
	12,782	11,457

Drama Direct Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	7	1,877	4,765
Taxation and social security		1,099	267
Accruals and deferred income		7,866	2,000
Other creditors		-	5,423
		10,842	12,455

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	7	11,821	24,255

7	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	11,821	11,347
Hire purchase contracts	-	12,908
	11,821	24,255

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	1,877	1,878
Hire purchase contracts	-	2,887
	1,877	4,765