DragonESS Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10021591 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2025

for

DragonESS Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Stuart Kirkland Gourley

Mr David Gourley

SECRETARY:

Mr Stuart Kirkland Gourley

REGISTERED OFFICE:

38 Bircher Way

Hucclecote

Gloucester

Gloucestershire

GL3 3QL

REGISTERED NUMBER:

10021591 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Investments

4

100

Investment property

5

471,000

455,000

471,100

455,100

CURRENT ASSETS

Debtors

6

13,512

Cash at bank

12,795

14,808

26,307

28,320

CREDITORS

Amounts falling due within one year

7

150,539

156,757

NET CURRENT LIABILITIES

(124,232

)

(128,437

)

TOTAL ASSETS LESS CURRENT LIABILITIES

346,868

326,663

CREDITORS

Amounts falling due after more than one year

8

(200,050

)

(200,050

)

PROVISIONS FOR LIABILITIES

(28,075

)

(23,872

)

NET ASSETS

118,743

102,741

CAPITAL AND RESERVES

Called up share capital

11

105

Revaluation reserve

12

118,593

102,593

Retained earnings

12

45

43

SHAREHOLDERS' FUNDS

118,743

102,741

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 25th September 2026 and were signed on its behalf by:

Mr Stuart Kirkland Gourley - Director

1.	STATUTORY INFORMATION

DragonESS 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.

The financial statements are presented in sterling (£), which is the functional currency of the company.

Critical accounting judgements and key sources of estimation uncertainty

The directors consider that there are no critical judgements or key sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st January 2025

and 31st December 2025

100

NET BOOK VALUE

At 31st December 2025

100

At 31st December 2024

100

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st January 2025

455,000

Revaluations

16,000

At 31st December 2025

471,000

NET BOOK VALUE

At 31st December 2025

471,000

At 31st December 2024

455,000

Fair value at 31st December 2025 is represented by:

£

Valuation in 2017

21,465

Valuation in 2018

15,000

Valuation in 2019

15,000

Valuation in 2020

19,000

Valuation in 2021

49,000

Valuation in 2022

5,000

Valuation in 2023

2,000

Valuation in 2025

16,000

Cost

328,535

471,000

If investment property had not been revalued it would have been included at the following historical cost:

31.12.25

31.12.24

£

Cost

328,535

Investment property was valued on an open market basis on 31st December 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Amounts owed by group undertakings

13,512

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Directors' current accounts

148,886

155,556

Accrued expenses

1,653

1,201

150,539

156,757

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

Bank loans more 5 yrs non-inst

200,050

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

200,050

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

Bank loans

200,050

The Company's bank loan is secured by a fixed and floating charge over the assets of the Company.

10.	FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 'Basic Financial Instruments'.

Financial instruments are recognised in the Company's balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are initially measured at transaction price (including transaction costs) and subsequently measured at amortised cost using the effective interest method, less any impairment.

Basic financial liabilities

Short-term creditors are measured at transaction price. Other financial liabilities, including bank loans and other loans, are initially measured at transaction price (including transaction costs) and subsequently measured at amortised cost using the effective interest method.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

1

Ordinary A

£1

1

Ordinary B

£1

1

50

Ordinary C

£1

50

Ordinary D

£1

50

3

Ordinary E

£1

3

105

12.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1st January 2025

43

102,593

102,636

Profit for the year

17,637

-

17,637

Dividends

(17,635

)

-

(17,635

)

Assets revalued in period

-

16,000

At 31st December 2025

45

118,593

118,638

13.	CONTINGENT LIABILITIES

The Company had no contingent liabilities at the balance sheet date.

14.	RELATED PARTY DISCLOSURES

During the year, total dividends of £15,635 were paid to the directors .

At the balance sheet date, the Company owed £148,886 (2024: £155,556) to a Director. The balance is unsecured, and repayable on demand.Interest is being charged at a rate of 4%.

At the balance sheet date, the Company was owed £13,512 (2024: £13,512) from DragonPSR Ltd. This Company is a fellow group undertaking. The balance is unsecured, interest-free and repayable on demand

15.	POST BALANCE SHEET EVENTS

There have been no events after the balance sheet date affecting the Company since the financial period.

16.	CASH & CASH EQUIVALENTS

Cash comprises cash in hand and demand deposits. Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.

Cash and cash equivalents consist solely of balances held in the Company's bank current account. The Company does not hold any short-term investments and does not operate an overdraft facility.

17.	GOING CONCERN

The financial statements have been prepared on a going concern basis. The directors have considered the Company's financial position and are satisfied that it has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.