Company Registration No. 11018311 (England and Wales)
Dropless Ltd
Unaudited accounts
for the period from 17 October 2017 to 31 October 2018
Dropless Ltd
Unaudited accounts
Contents
Dropless Ltd
Company Information
for the period from 17 October 2017 to 31 October 2018
Directors
Mike Grindy
Christian Duncan
Dr Simon Thomas Murdoch
Company Number
11018311 (England and Wales)
Registered Office
Unit 4B, Union Court, 20 Union Road
London
SW4 6JP
United Kingdom
Accountants
Viktoriya Ilika
53
Doddsfield Road
SLOUGH
Berkshire
SL2 2BD
Dropless Ltd
Statement of financial position
as at
31 October 2018
Cash at bank and in hand
2,494
Creditors: amounts falling due within one year
(79,267)
Net current liabilities
(76,773)
Profit and loss account
(52,975)
Shareholders' funds
(52,975)
For the period ending 31 October 2018 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 directors acknowledge their 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.
Approved by the Board on 31 January 2019.
Mike Grindy
Director
Company Registration No. 11018311
Dropless Ltd
Notes to the Accounts
for the period from 17 October 2017 to 31 October 2018
Dropless Ltd is a private company, limited by shares, registered in England and Wales, registration number 11018311. The registered office is Unit 4B, Union Court, 20 Union Road, London, SW4 6JP, 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 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: 20% per year (over five years expected useful life).
4
Intangible fixed assets
Other
At 31 October 2018
23,577
At 31 October 2018
23,577
Dropless Ltd
Notes to the Accounts
for the period from 17 October 2017 to 31 October 2018
5
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
6
Creditors: amounts falling due within one year
2018
Taxes and social security
4,642
Loans from directors
(311)
7
Average number of employees
During the period the average number of employees was 1.