Company Registration No. 5309700 (England and Wales)
DRAGON AEROSPACE CYMRU LTD
Unaudited accounts
for the year ended 31 March 2023
DRAGON AEROSPACE CYMRU LTD
Unaudited accounts
Contents
DRAGON AEROSPACE CYMRU LTD
Company Information
for the year ended 31 March 2023
Company Number
5309700 (England and Wales)
Registered Office
85-87 Eastgate
Cowbridge
CF71 7AA
United Kingdom
Accountants
STAS Ltd
253 Cowbridge Road West
Cardiff
CF5 5TD
DRAGON AEROSPACE CYMRU LTD
Statement of financial position
as at 31 March 2023
Tangible assets
2,731
3,072
Cash at bank and in hand
3,268
5,347
Creditors: amounts falling due within one year
(62,846)
(67,260)
Net current liabilities
(37,174)
(36,872)
Net liabilities
(34,443)
(33,800)
Called up share capital
100
100
Profit and loss account
(34,543)
(33,900)
Shareholders' funds
(34,443)
(33,800)
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 August 2023 and were signed on its behalf by
Kerry Galton
Director
Company Registration No. 5309700
DRAGON AEROSPACE CYMRU LTD
Notes to the Accounts
for the year ended 31 March 2023
DRAGON AEROSPACE CYMRU LTD is a private company, limited by shares, registered in England and Wales, registration number 5309700. The registered office is 85-87 Eastgate, Cowbridge, CF71 7AA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
6,756
24,120
5,913
36,789
At 31 March 2023
6,756
24,120
5,913
36,789
At 1 April 2022
6,756
24,120
2,841
33,717
Charge for the year
-
-
341
341
At 31 March 2023
6,756
24,120
3,182
34,058
At 31 March 2023
-
-
2,731
2,731
At 31 March 2022
-
-
3,072
3,072
DRAGON AEROSPACE CYMRU LTD
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Accrued income and prepayments
400
233
Other debtors
21,879
21,879
6
Creditors: amounts falling due within one year
2023
2022
Other creditors
56,899
56,899
Loans from directors
5,947
7,983
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).