22 August 2022 false No description of principal activity Taxfiler 2024.5 SC742109business:PrivateLimitedCompanyLtd2022-08-222023-08-31 SC7421092022-08-21 SC7421092022-08-222023-08-31 SC742109business:AuditExemptWithAccountantsReport2022-08-222023-08-31 SC742109business:FilletedAccounts2022-08-222023-08-31 SC7421092023-08-31 SC742109business:Director12022-08-222023-08-31 SC742109business:Director22022-08-222023-08-31 SC742109business:RegisteredOffice2022-08-222023-08-31 SC742109core:WithinOneYear2023-08-31 SC742109core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 SC742109core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 SC742109core:PreviouslyStatedAmount2023-08-31 SC742109business:SmallEntities2022-08-222023-08-31 SC742109countries:Scotland2022-08-222023-08-31 SC742109core:PlantMachinery2022-08-222023-08-31 SC742109core:PlantMachinery2022-08-21 SC742109core:PlantMachinery2023-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC742109 (Scotland)
RESEARCH IN DREAMS LTD Unaudited accounts for the period from 22 August 2022 to 31 August 2023
RESEARCH IN DREAMS LTD Unaudited accounts Contents
Page
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RESEARCH IN DREAMS LTD Company Information for the period from 22 August 2022 to 31 August 2023
Directors
F. Choudhury J. Mathew
Company Number
SC742109 (Scotland)
Registered Office
5 SOUTH CHARLOTTE STREET EDINBURGH EH2 4AN SCOTLAND
Accountants
SQK Accountancy Limited Use.Space Paddock St Manchester North West England M12 6PN
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RESEARCH IN DREAMS LTD Accountants' report
Accountants' report to the board of directors of RESEARCH IN DREAMS LTD on the preparation of the unaudited statutory accounts for the period from 22 August 2022 to 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of RESEARCH IN DREAMS LTD for the period from 22 August 2022 to 31 August 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of RESEARCH IN DREAMS LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of RESEARCH IN DREAMS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RESEARCH IN DREAMS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that RESEARCH IN DREAMS 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 loss of RESEARCH IN DREAMS LTD. You consider that RESEARCH IN DREAMS LTD is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of RESEARCH IN DREAMS 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 statutory accounts.
SQK Accountancy Limited Use.Space Paddock St Manchester North West England M12 6PN 21 August 2024
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RESEARCH IN DREAMS LTD Statement of financial position as at 31 August 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
299 
Current assets
Cash at bank and in hand
121 
Creditors: amounts falling due within one year
(51,880)
Net current liabilities
(51,759)
Net liabilities
(51,460)
Capital and reserves
Called up share capital
120 
Profit and loss account
(51,580)
Shareholders' funds
(51,460)
For the period ending 31 August 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 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 of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by
F. Choudhury Director Company Registration No. SC742109
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RESEARCH IN DREAMS LTD Notes to the Accounts for the period from 22 August 2022 to 31 August 2023
1
Statutory information
RESEARCH IN DREAMS LTD is a private company, limited by shares, registered in Scotland, registration number SC742109. The registered office is 5 SOUTH CHARLOTTE STREET, EDINBURGH, EH2 4AN, SCOTLAND.
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 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.
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:
Plant & machinery
25% straight-line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 22 August 2022
- 
Additions
399 
At 31 August 2023
399 
Depreciation
Charge for the period
100 
At 31 August 2023
100 
Net book value
At 31 August 2023
299 
5
Creditors: amounts falling due within one year
2023 
£ 
Other creditors
50,000 
Loans from directors
1,380 
Accruals
500 
51,880 
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RESEARCH IN DREAMS LTD Notes to the Accounts for the period from 22 August 2022 to 31 August 2023
6
Average number of employees
During the period the average number of employees was 0.
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