Company Registration No. 04518906 (England and Wales)
DreamSpace Holdings Limited
Unaudited accounts
for the year ended 30 September 2021
DreamSpace Holdings Limited
Unaudited accounts
Contents
DreamSpace Holdings Limited
Company Information
for the year ended 30 September 2021
Company Number
04518906 (England and Wales)
Registered Office
33 Great Sutton Street
London
EC1V 0DX
DreamSpace Holdings Limited
Statement of financial position
as at
30 September 2021
Investments
44,000
44,000
Cash at bank and in hand
623
7,035
Creditors: amounts falling due within one year
(103,784)
(147,323)
Net current liabilities
(77,403)
(91,634)
Total assets less current liabilities
(33,403)
(47,634)
Creditors: amounts falling due after more than one year
(12,375)
-
Net liabilities
(45,778)
(47,634)
Called up share capital
300,000
300,000
Profit and loss account
(345,778)
(347,634)
Shareholders' funds
(45,778)
(47,634)
For the year ending 30 September 2021 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 29 June 2022 and were signed on its behalf by
Charles Black
Director
Company Registration No. 04518906
DreamSpace Holdings Limited
Notes to the Accounts
for the year ended 30 September 2021
DreamSpace Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 04518906. The registered office is 33 Great Sutton Street, London, EC1V 0DX.
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.
After making enquiries, the director acknowledges the balance sheet deficit, which is mainly made up of a loan repayable to the director.
The director expects the Company to be able to meet it's obligations over the next 12 months and will provide support to the Company during this time.
The Company therefore continues to adopt the going concern basis in preparing these financial statements.
Investments in shares are included at fair value.
4
Investments
Other investments
Valuation at 1 October 2020
44,000
Valuation at 30 September 2021
44,000
The investment is held in Sen Corporation Limited a company under common control
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
22,896
22,896
Debtors: amounts falling due after more than one year
Trade debtors
2,862
25,758
Amounts due after more than one year
-
25,758
DreamSpace Holdings Limited
Notes to the Accounts
for the year ended 30 September 2021
6
Creditors: amounts falling due within one year
2021
2020
Obligations under finance leases and hire purchase contracts
6,457
-
Taxes and social security
550
490
Loans from directors
92,800
140,220
Deferred income
3,258
6,154
7
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
12,375
-
Creditors due after one year relates to deferred income receivable
8
Share capital
2021
2020
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
Transactions with related parties
The company has a shareholding investment in Sen Corporation Limited, a company under common control.
10
Average number of employees
During the year the average number of employees was 0 (2020: 0).