Draper Weddings Ltd

Draper Weddings Ltd
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	684	1,392
		684	1,392
Current assets
Stocks		109,265	109,265
Debtors: amounts falling due within one year		3,601	36,933
Cash at bank and in hand		4,464	6,983
		117,330	153,181
Creditors: amount falling due within one year		(22,170)	(94,862)
Net current assets		95,160	58,319

Total assets less current liabilities		95,844	59,711
Creditors: amount falling due after more than one year		(31,917)	(13,333)
Provisions for liabilities		(223)	(321)
Net assets		63,704	46,057

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		63,604	45,957
Shareholders' funds		63,704	46,057

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

Directors' 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.
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.

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, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 30 October 2026 and were signed on its behalf by:

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Emma Draper
Director

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Jonathan Draper
Director

Draper Weddings Ltd
Notes to the Abridged Financial Statements
For the year ended 31 January 2026

General Information

Draper Weddings Ltd is a private company, limited by shares, registered in England and Wales, registration number 07923530, registration address 7 Oxford Road, Altrincham, Cheshire, WA14 2DY.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	20% Straight Line
Computer Equipment	20% Straight Line

Stocks

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

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the period was 3 (2025 : 3).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 February 2025	2,424	1,120	3,544
Additions	-	-	-
Disposals	-	-	-
At 31 January 2026	2,424	1,120	3,544
Depreciation
At 01 February 2025	1,564	588	2,152
Charge for year	484	224	708
On disposals	-	-	-
At 31 January 2026	2,048	812	2,860
Net book values
Closing balance as at 31 January 2026	376	308	684
Opening balance as at 01 February 2025	860	532	1,392

Share Capital

Authorised
100 Class A shares of £1.00 each

Allotted, called up and fully paid	2026 £		2025 £
100 Class A shares of £1.00 each	100		100
	100		100