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Company Registration No. 12407492 (England and Wales)
DSTREAM LTD Unaudited accounts for the year ended 31 January 2024
DSTREAM LTD Unaudited accounts Contents
Page
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DSTREAM LTD Company Information for the year ended 31 January 2024
Directors
Mariano Sanchez Olukemi Mofopefoluwa Ijaola
Company Number
12407492 (England and Wales)
Registered Office
65 LINEN COURT SALFORD GREATER MANCHESTER M3 6JG UNITED KINGDOM
Accountants
ONAF Limited 27 Tilton Drive Oadby LE2 5WW
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DSTREAM LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,280 
1,506 
Investment property
291,883 
291,883 
293,163 
293,389 
Current assets
Debtors
1,250 
- 
Cash at bank and in hand
1,925 
1,572 
3,175 
1,572 
Creditors: amounts falling due within one year
(276)
(276)
Net current assets
2,899 
1,296 
Total assets less current liabilities
296,062 
294,685 
Creditors: amounts falling due after more than one year
(306,916)
(293,922)
Net (liabilities)/assets
(10,854)
763 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(10,864)
753 
Shareholders' funds
(10,854)
763 
For the year ending 31 January 2024 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 9 October 2024 and were signed on its behalf by
Mariano Sanchez Director Company Registration No. 12407492
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DSTREAM LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
DSTREAM LTD is a private company, limited by shares, registered in England and Wales, registration number 12407492. The registered office is 65 LINEN COURT, SALFORD, GREATER MANCHESTER, M3 6JG, UNITED KINGDOM.
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.
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:
Fixtures & fittings
15% Reducing balance
Investment property
Investment properties are held for their investment potential and not subject to periodic charges for depreciation.
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DSTREAM LTD Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2023
2,067 
At 31 January 2024
2,067 
Depreciation
At 1 February 2023
561 
Charge for the year
226 
At 31 January 2024
787 
Net book value
At 31 January 2024
1,280 
At 31 January 2023
1,506 
5
Investment property
2024 
£ 
Fair value at 1 February 2023
291,883 
At 31 January 2024
291,883 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
1,250 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
276 
276 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
209,210 
209,210 
Loans from directors
97,706 
84,712 
306,916 
293,922 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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