1 August 2020 false No description of principal activity Taxfiler 2022.8.3 10277646business:PrivateLimitedCompanyLtd2020-08-012021-07-31 102776462020-07-31 102776462020-08-012021-07-31 10277646business:AuditExemptWithAccountantsReport2020-08-012021-07-31 10277646business:AbridgedAccounts2020-08-012021-07-31 102776462021-07-31 10277646business:Director12020-08-012021-07-31 10277646business:RegisteredOffice2020-08-012021-07-31 102776462020-07-31 10277646core:WithinOneYear2021-07-31 10277646core:WithinOneYear2020-07-31 10277646core:ShareCapital2021-07-31 10277646core:ShareCapital2020-07-31 10277646core:RetainedEarningsAccumulatedLosses2021-07-31 10277646core:RetainedEarningsAccumulatedLosses2020-07-31 10277646business:SmallEntities2020-08-012021-07-31 10277646countries:EnglandWales2020-08-012021-07-31 102776462019-08-012020-07-31 iso4217:GBP xbrli:pure
Company Registration No. 10277646 (England and Wales)
DREAM CHASER SUPPLEMENTS LTD Unaudited accounts for the year ended 31 July 2021
DREAM CHASER SUPPLEMENTS LTD Unaudited accounts Contents
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DREAM CHASER SUPPLEMENTS LTD Company Information for the year ended 31 July 2021
Director
Mr L J Shepherd
Company Number
10277646 (England and Wales)
Registered Office
26 LANDSMOOR DR, LONGTON, PRESTON 26 LAN LONGTON PRESTON PR4 5PE ENGLAND
Accountants
Xoba Limited 26 Landsmoor Drive Longton Preston Lancashire PR4 5PE
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DREAM CHASER SUPPLEMENTS LTD Statement of financial position as at 31 July 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Inventories
500 
500 
Cash at bank and in hand
2,920 
1,323 
3,420 
1,823 
Creditors: amounts falling due within one year
(9,602)
(7,743)
Net current liabilities
(6,182)
(5,920)
Net liabilities
(6,182)
(5,920)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(6,183)
(5,921)
Shareholders' funds
(6,182)
(5,920)
For the year ending 31 July 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 2 September 2022 and were signed on its behalf by
Mr L J Shepherd Director Company Registration No. 10277646
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DREAM CHASER SUPPLEMENTS LTD Notes to the Accounts for the year ended 31 July 2021
1
Statutory information
DREAM CHASER SUPPLEMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 10277646. The registered office is 26 LANDSMOOR DR, LONGTON, PRESTON 26 LAN, LONGTON, PRESTON, PR4 5PE, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Transactions with related parties
The Director had loaned the company at total of £8,432.44 by the end of July 2021.
5
Average number of employees
During the year the average number of employees was 1 (2020: 1).
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