Company Registration No. 7369425 (England and Wales)
DRECO ASSOCIATES LIMITED
Unaudited accounts
for the year ended 31 October 2020
DRECO ASSOCIATES LIMITED
Unaudited accounts
Contents
DRECO ASSOCIATES LIMITED
Company Information
for the year ended 31 October 2020
Director
TSATSA VITALIS VALENTINE
Company Number
7369425 (England and Wales)
Registered Office
72 SOMERSET AVENUE
LEICESTER
LE4 0JX
DRECO ASSOCIATES LIMITED
Statement of financial position
as at
31 October 2020
Cash at bank and in hand
26,393
28,012
Creditors: amounts falling due within one year
-
(2,347)
Net current assets
26,393
25,665
Called up share capital
1
1
Profit and loss account
26,392
25,664
Shareholders' funds
26,393
25,665
For the year ending 31 October 2020 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 27 March 2021 and were signed on its behalf by
TSATSA VITALIS VALENTINE
Director
Company Registration No. 7369425
DRECO ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 31 October 2020
DRECO ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7369425. The registered office is 72 SOMERSET AVENUE, LEICESTER, LE4 0JX.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
-
4,347
Other creditors
-
(2,000)
5
Share capital
2020
2019
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
6
Average number of employees
During the year the average number of employees was 0 (2019: 0).