Company Registration No. 04518906 (England and Wales)
DreamSpace Holdings Limited
Unaudited accounts
for the year ended 30 September 2017
DreamSpace Holdings Limited
Unaudited accounts
Contents
DreamSpace Holdings Limited
Company Information
for the year ended 30 September 2017
Company Number
04518906 (England and Wales)
Registered Office
84 HIGH STREET
SANDRIDGE
ST. ALBANS
HERTFORDSHIRE
AL4 9BZ
United Kingdom
DreamSpace Holdings Limited
Statement of financial position
as at
30 September 2017
Intangible assets
-
20,876
Cash at bank and in hand
6
29
Creditors: amounts falling due within one year
(93,490)
(94,342)
Net current liabilities
(93,484)
(91,592)
Net liabilities
(93,484)
(69,378)
Called up share capital
300,000
300,000
Profit and loss account
(393,484)
(369,378)
Shareholders' funds
(93,484)
(69,378)
For the year ending 30 September 2017 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.
Approved by the Board on 28 June 2018.
Charles Black
Director
Company Registration No. 04518906
DreamSpace Holdings Limited
Notes to the Accounts
for the year ended 30 September 2017
DreamSpace Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 04518906. The registered office is 84 HIGH STREET, SANDRIDGE, ST. ALBANS, HERTFORDSHIRE, AL4 9BZ, 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.
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Computer equipment
25% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
DreamSpace Holdings Limited
Notes to the Accounts
for the year ended 30 September 2017
4
Intangible fixed assets
Other
Charge for the year
1,044
At 30 September 2016
20,876
5
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
At 30 September 2016
1,338
7
Creditors: amounts falling due within one year
2017
2016
Loans from directors
93,170
93,998
DreamSpace Holdings Limited
Notes to the Accounts
for the year ended 30 September 2017
8
Share capital
2017
2016
Allotted, called up and fully paid:
210,000 Ordinary shares of £0.10 each
21,000
21,000
279,000 Ordinary shares of £1 each
279,000
279,000
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).