Draw Construction Limited - Filleted accounts

Registered number

03609308

Draw Construction Limited

Filleted Accounts

for the year ended

31 August 2025

Draw Construction Limited
Registered number:		03609308
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		82,605			97,490

Current assets
Stocks		3,605			25,570
Debtors	4	176,359			125,113
Cash at bank and in hand		245,749			246,956
		425,713			397,639

Creditors: amounts falling due within one year	5	(122,505)			(63,829)

Net current assets			303,208			333,810

Total assets less current liabilities			385,813			431,300

Creditors: amounts falling due after more than one year	6		(53,073)			(59,993)



Net assets			332,740			371,307

Capital and reserves
Called up share capital			3			3
Profit and loss account			332,737			371,304

Shareholders' funds			332,740			371,307

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




R P Whitt
Director
Approved by the board on 21 May 2026

Draw Construction Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	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 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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles	25% reducing balance
	Plant and machinery	15% reducing balance
	Computer equipment	33.3% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery		Motor vehicles		Total
£			£		£
	Cost
	At 1 September 2024	66,821		78,485		145,306
	Additions	825		12,495		13,320
	Disposals	-		(24,953)		(24,953)
	At 31 August 2025	67,646		66,027		133,673

	Depreciation
	At 1 September 2024	21,947		25,869		47,816
	Charge for the year	2,114		11,965		14,079
	On disposals	-		(10,827)		(10,827)
	At 31 August 2025	24,061		27,007		51,068

	Net book value
	At 31 August 2025	43,585		39,020		82,605
	At 31 August 2024	44,874		52,616		97,490


4	Debtors			2025		2024
£					£

	Trade debtors			19,655		-
	Other debtors			156,704		125,113
				176,359		125,113


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			6,305		5,941
	Obligations under finance lease and hire purchase contracts			1,665		1,665
	Trade creditors			42,025		4,352
	Corporation tax			63,869		81,501
	Other taxes and social security costs			6,464		(505)
	Other creditors			2,177		(29,125)
				122,505		63,829


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			22,766		28,021
	Obligations under finance lease and hire purchase contracts			30,307		31,972
				53,073		59,993


7	Related party transactions

	Other debtors includes an unsecured loan to HRMGW Holdings Limited, an associated company. Both companies are under the same control and ownership. The loan is made charging interest at 4.5% p.a. At the year end the loan balance was £140,888.


8	Other information

	Draw Construction Limited is a private company limited by shares and incorporated in England. Its registered office is:
	32 Quorn Close
	Loughborough
	Leicestershire
	LE11 2AW