Drakewinter Limited - Filleted accounts

Registered number

04284840

Drakewinter Limited

Filleted Accounts

28 February 2025

Drakewinter Limited
Registered number:		04284840
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		488,053			521,191

Current assets
Stocks		69,740			65,750
Debtors	4	157,247			209,617
Cash at bank and in hand		132,706			97,824
		359,693			373,191

Creditors: amounts falling due within one year	5	(172,282)			(186,830)

Net current assets			187,411			186,361
Total assets less current liabilities			675,464			707,552


Provisions for liabilities			(17,409)			(24,146)


Net current assets			658,055			683,406

Capital and reserves
Called up share capital			100			100
Profit and loss account			657,955			683,306

Shareholders' funds			658,055			683,406

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.




Mr R Rohilla
Director
Approved by the board on 12 November 2025

Drakewinter Limited
Notes to the Accounts
for the year ended 28 February 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:

	Freehold buildings			over 50 years
	Plant and machinery			over 5 years
	Motor vehicle			over 4 years

	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					4		4


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicle		Total
£			£		£
	Cost
	At 1 March 2024	450,498		138,744		50,200		639,442
	Additions	-		445		-		445
	At 28 February 2025	450,498		139,189		50,200		639,887

	Depreciation
	At 1 March 2024	25,895		79,806		12,550		118,251
	Charge for the year	6,188		14,845		12,550		33,583
	At 28 February 2025	32,083		94,651		25,100		151,834

	Net book value
	At 28 February 2025	418,415		44,538		25,100		488,053
	At 29 February 2024	424,603		58,938		37,650		521,191

4	Debtors					2025		2024
£							£

	Trade debtors					117,914		163,162
	Other debtors					39,333		46,455
						157,247		209,617


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

	Trade creditors					112,033		105,967
	Director's loan account					663		3,662
	Corporation tax					-		-
	Other taxes and social security costs					-		5,478
	Other creditors					59,586		71,723
						172,282		186,830

6	Controlling party

	The company is controlled by Mr R Rohilla and Mrs E Rohilla who are directors and joint shareholders.

7	Other information

	Drakewinter Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 2 Cranston Court
	56 Bloemfontein Road
	London
	W12 7FG