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REGISTERED NUMBER: 04607973 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

BIG DREAMS LIMITED

BIG DREAMS LIMITED (REGISTERED NUMBER: 04607973)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BIG DREAMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: B D Smith





SECRETARY: Mrs S Nelson





REGISTERED OFFICE: The Flat
La Merindia
Northport
Wareham
Dorset
BH20 4AT





REGISTERED NUMBER: 04607973 (England and Wales)





ACCOUNTANTS: Pugsley Revill
18 High West Street
Dorchester
Dorset
DT1 1UW

BIG DREAMS LIMITED (REGISTERED NUMBER: 04607973)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,257 15,473

CURRENT ASSETS
Stocks 42,000 36,865
Debtors 5 1,306 3,411
Cash in hand 200 100
43,506 40,376
CREDITORS
Amounts falling due within one year 6 109,973 80,333
NET CURRENT LIABILITIES (66,467 ) (39,957 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(54,210

)

(24,484

)

CREDITORS
Amounts falling due after more than one
year

7

14,057

14,542
NET LIABILITIES (68,267 ) (39,026 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (68,367 ) (39,126 )
SHAREHOLDERS' FUNDS (68,267 ) (39,026 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BIG DREAMS LIMITED (REGISTERED NUMBER: 04607973)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 September 2024 and were signed by:





B D Smith - Director


BIG DREAMS LIMITED (REGISTERED NUMBER: 04607973)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Big Dreams Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tenants improvements - 10% on cost
Office equipment - 20% on reducing balance
Fixtures,fittings & equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Foreign currencies
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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

BIG DREAMS LIMITED (REGISTERED NUMBER: 04607973)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Tenants Office Fixtures,fittings
improvements equipment & equipment
£    £    £   
COST
At 1 April 2023 6,321 5,541 17,944
Additions - - -
At 31 March 2024 6,321 5,541 17,944
DEPRECIATION
At 1 April 2023 6,321 4,739 15,432
Charge for year - 160 377
At 31 March 2024 6,321 4,899 15,809
NET BOOK VALUE
At 31 March 2024 - 642 2,135
At 31 March 2023 - 802 2,512

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 17,800 1,487 49,093
Additions - 482 482
At 31 March 2024 17,800 1,969 49,575
DEPRECIATION
At 1 April 2023 6,268 860 33,620
Charge for year 2,883 278 3,698
At 31 March 2024 9,151 1,138 37,318
NET BOOK VALUE
At 31 March 2024 8,649 831 12,257
At 31 March 2023 11,532 627 15,473

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 2,196
Other debtors 500 500
Prepayments 806 715
1,306 3,411

BIG DREAMS LIMITED (REGISTERED NUMBER: 04607973)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 25,044 25,089
Trade creditors 38,577 10,034
Taxation and social security 1,044 2,914
Other creditors 45,308 42,296
109,973 80,333

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 14,057 14,542

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 19,894 19,939
Bank loans 19,207 19,692
39,101 39,631

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary shares £1 100 100