Company registration number 05693673 (England and Wales)
DRAPER CONSTRUCTION LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
DRAPER CONSTRUCTION LIMITED
COMPANY INFORMATION
Directors
Mr M Draper
Mrs L Draper
Secretary
Mrs L Draper
Company number
05693673
Registered office
198 Upper Shoreham Road
Shoreham-By Sea
West Sussex
England
BN43 6BG
Accountants
Xeinadin South East Limited
Unit 68 Basepoint
Shearway Business Park
Folkestone
Kent
CT19 4RH
DRAPER CONSTRUCTION LIMITED
CONTENTS
Page
Directors' report
1
Accountants' report
2
Balance sheet
3
Notes to the financial statements
4 - 6
DRAPER CONSTRUCTION LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MARCH 2026
- 1 -

The directors present their annual report and financial statements for the year ended 31 March 2026.

Principal activities

The principal activity of the company continued to be that of general builders.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

Mr M Draper
Mrs L Draper
REVIEW OF BUSINESS

I acknowledge responsibility for the company's system of internal financial control and believe the established systems are appropriate to the business. No material losses or contingencies have arisen during the trading period that would require disclosure.

Having formed an opinion at the time of approving this account, it is my intent that profits earned and retained are sufficient to ensure the company has adequate resources to continue existing trading policies. In the light of this, a going concern basis has been adopted when preparing this account.

It is my view that the company account is a true and fair view of the state of affairs of the company. Suitable accounting policies have been established and applied consistently and I declare, with reasonable accuracy, the financial position of the company.

The results for the trading period and financial position of the company are as shown in the annexed financial statements.

Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr M Draper
Director
2 June 2026
DRAPER CONSTRUCTION LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DRAPER CONSTRUCTION LIMITED FOR THE YEAR ENDED 31 MARCH 2026
- 2 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Draper Construction Limited for the year ended 31 March 2026 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Draper Construction Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Draper Construction Limited and state those matters that we have agreed to state to the b oard of d irectors of Draper Construction Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Draper Construction Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Draper Construction Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Draper Construction Limited. You consider that Draper Construction Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Draper Construction Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Xeinadin South East Limited
Unit 68 Basepoint
Shearway Business Park
Folkestone
Kent
CT19 4RH
2 June 2026
DRAPER CONSTRUCTION LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 3 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
4
12,893
16,447
Current assets
Stocks
26,295
5,460
Debtors
53,114
84,650
79,409
90,110
Creditors: amounts falling due within one year
(92,280)
(106,547)
Net current liabilities
(12,871)
(16,437)
Net assets
22
10
Capital and reserves
Called up share capital
5
10
10
Profit and loss reserves
12
-
0
Total equity
22
10

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements. true

The financial statements were approved by the board of directors and authorised for issue on 2 June 2026 and are signed on its behalf by:
Mr M Draper
Director
Company registration number 05693673 (England and Wales)
DRAPER CONSTRUCTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
1
Accounting policies
Company information

Draper Construction Limited is a private company limited by shares incorporated in England and Wales. The registered office is 198 Upper Shoreham Road, Shoreham-By Sea, West Sussex, England, BN43 6BG.

The presentation currency of the financial statements is the Pound Sterling (£).

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% on reducing balance and 15% on reducing balance
Fixtures and fittings
25% on reducing balance and 15% on reducing balance
Office equipment
33% on cost
1.3
Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

DRAPER CONSTRUCTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.5
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.

1.6
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
4
4
3
Dividends
2026
2025
£
£
Interim paid
23,000
77,839
DRAPER CONSTRUCTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -
4
Tangible fixed assets
Total
£
Cost
At 1 April 2025
85,864
Additions
314
At 31 March 2026
86,178
Depreciation and impairment
At 1 April 2025
69,417
Depreciation charged in the year
3,868
At 31 March 2026
73,285
Carrying amount
At 31 March 2026
12,893
At 31 March 2025
16,447
5
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A of £1 each
9
9
9
9
Ordinary B of £1 each
1
1
1
1
10
10
10
10
7
Directors' transactions

At the year end, the director had an overdrawn loan balance of £45,538 (prior year: £45,294). The loan is unsecured and repayable on demand. Interest was charged on the outstanding balance at 3.75%, totalling £1,699 for the year.

8
Parent company

The ultimate controlling party is Mr M Draper.

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