Acorah Software Products - Accounts Production 15.0.500 false true true 30 June 2022 28 January 2021 false 1 July 2022 30 June 2023 30 June 2023 13164361 Mr Etienne Cellier-Clarke Mr Paul Cellier-Clarke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13164361 2022-06-30 13164361 2023-06-30 13164361 2022-07-01 2023-06-30 13164361 frs-core:CurrentFinancialInstruments 2023-06-30 13164361 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-07-01 2023-06-30 13164361 frs-core:OtherResidualIntangibleAssets 2023-06-30 13164361 frs-core:OtherResidualIntangibleAssets 2022-07-01 2023-06-30 13164361 frs-core:OtherResidualIntangibleAssets 2022-06-30 13164361 frs-core:PlantMachinery 2023-06-30 13164361 frs-core:PlantMachinery 2022-07-01 2023-06-30 13164361 frs-core:PlantMachinery 2022-06-30 13164361 frs-core:ShareCapital 2023-06-30 13164361 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 13164361 frs-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 13164361 frs-bus:FilletedAccounts 2022-07-01 2023-06-30 13164361 frs-bus:SmallEntities 2022-07-01 2023-06-30 13164361 frs-bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 13164361 frs-bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 13164361 frs-bus:OrdinaryShareClass1 2022-07-01 2023-06-30 13164361 frs-bus:OrdinaryShareClass1 2023-06-30 13164361 frs-bus:Director1 2022-07-01 2023-06-30 13164361 frs-bus:Director2 2022-07-01 2023-06-30 13164361 frs-countries:EnglandWales 2022-07-01 2023-06-30 13164361 2021-01-27 13164361 2022-06-30 13164361 2021-01-28 2022-06-30 13164361 frs-core:CurrentFinancialInstruments 2022-06-30 13164361 frs-core:ShareCapital 2022-06-30 13164361 frs-core:RetainedEarningsAccumulatedLosses 2022-06-30 13164361 frs-bus:OrdinaryShareClass1 2021-01-28 2022-06-30
Registered number: 13164361
Dream Kollab Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2023
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Unaudited Financial Statements
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Dream Kollab Ltd for the year ended 30 June 2023
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Dream Kollab Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Dream Kollab Ltd , as a body, in accordance with the terms of our engagement letter dated 17 August 2024. Our work has been undertaken solely to prepare for your approval the accounts of Dream Kollab Ltd and state those matters that we have agreed to state to the directors of Dream Kollab Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dream Kollab Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Dream Kollab Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Dream Kollab Ltd . You consider that Dream Kollab Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Dream Kollab Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
26th July 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Page 1
Page 2
Balance Sheet
Registered number: 13164361
30 June 2023 30 June 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,037 -
Tangible Assets 5 886 1,108
2,923 1,108
CURRENT ASSETS
Cash at bank and in hand 75 1,108
75 1,108
Creditors: Amounts Falling Due Within One Year 7 (44,105 ) -
NET CURRENT ASSETS (LIABILITIES) (44,030 ) 1,108
TOTAL ASSETS LESS CURRENT LIABILITIES (41,107 ) 2,216
NET (LIABILITIES)/ASSETS (41,107 ) 2,216
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account (42,107 ) 1,216
SHAREHOLDERS' FUNDS (41,107) 2,216
Page 2
Page 3
For the year ending 30 June 2023 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Paul Cellier-Clarke
Director
26th July 2024
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Dream Kollab Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13164361 . The registered office is Unit 3, Building 2, The Colony Wilmslow, Altrincham Road, Wilmslow, SK9 4LY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The accounts have been prepared on a going concern basis. This assumption may not be valid since at the balance sheet date the company has net liabilities of £11,341. The validity of the going concern assumption therefore depends on the continued support of the directors, suppliers and the companies bankers and other providers of finance.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are development costs capitalised. It is amortised to 10 years over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% reducing balance method
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
Page 4
Page 5
4. Intangible Assets
Other
£
Cost
As at 1 July 2022 -
Additions 2,050
As at 30 June 2023 2,050
Amortisation
As at 1 July 2022 -
Provided during the period 13
As at 30 June 2023 13
Net Book Value
As at 30 June 2023 2,037
As at 1 July 2022 -
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 July 2022 1,108
As at 30 June 2023 1,108
Depreciation
As at 1 July 2022 -
Provided during the period 222
As at 30 June 2023 222
Net Book Value
As at 30 June 2023 886
As at 1 July 2022 1,108
6. Debtors
30 June 2023 30 June 2022
£ £
Due within one year
7. Creditors: Amounts Falling Due Within One Year
30 June 2023 30 June 2022
£ £
Other loans 39,760 -
Other creditors 4,185 -
Taxation and social security 160 -
44,105 -
8. Provisions for Liabilities
Page 5
Page 6
9. Share Capital
30 June 2023 30 June 2022
Allotted, called up and fully paid £ £
1,000 Ordinary Shares of £ 1.00 each 1,000 1,000
Page 6