DREAM TECH LTD

Company Registration Number:
SC487665 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

DREAM TECH LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

DREAM TECH LTD

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 0 27
Total fixed assets: 0 27
Current assets
Debtors: 4 72 224
Cash at bank and in hand: 20,773 20,859
Total current assets: 20,845 21,083
Creditors: amounts falling due within one year: 5 (2,092) (660)
Net current assets (liabilities): 18,753 20,423
Total assets less current liabilities: 18,753 20,450
Provision for liabilities: 0 (5)
Total net assets (liabilities): 18,753 20,445
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 18,743 20,435
Shareholders funds: 18,753 20,445

The notes form part of these financial statements

DREAM TECH LTD

Balance sheet statements

For the year ending 31 May 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 October 2023
and signed on behalf of the board by:

Name: Mr Fraser Willox
Status: Director

The notes form part of these financial statements

DREAM TECH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net ofdepreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over theiruseful lives on the following bases:Fixtures, fittings & equipment 25% Straight lineComputer equipment 33% straight line

DREAM TECH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

DREAM TECH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
At 01 June 2022 3,647
At 31 May 2023 3,647
Depreciation
At 01 June 2022 3,620
Charge for year 27
At 31 May 2023 3,647
Net book value
At 31 May 2023 0
At 31 May 2022 27

DREAM TECH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Debtors

Corporation tax recoverable: £72 (2022: £224)

DREAM TECH LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Creditors: amounts falling due within one year note

Other creditors: £2,092 (2022: £660)