Caseware UK (AP4) 2023.0.135 2023.0.135 trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01falseNo description of principal activity11falsefalse 09148746 2023-01-01 2023-12-31 09148746 2022-01-01 2022-12-31 09148746 2023-12-31 09148746 2022-12-31 09148746 c:Director1 2023-01-01 2023-12-31 09148746 d:CurrentFinancialInstruments 2023-12-31 09148746 d:CurrentFinancialInstruments 2022-12-31 09148746 d:Non-currentFinancialInstruments 2023-12-31 09148746 d:Non-currentFinancialInstruments 2022-12-31 09148746 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09148746 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09148746 d:ShareCapital 2023-12-31 09148746 d:ShareCapital 2022-12-31 09148746 d:RetainedEarningsAccumulatedLosses 2023-12-31 09148746 d:RetainedEarningsAccumulatedLosses 2022-12-31 09148746 c:OrdinaryShareClass1 2023-01-01 2023-12-31 09148746 c:OrdinaryShareClass1 2023-12-31 09148746 c:OrdinaryShareClass1 2022-12-31 09148746 c:FRS102 2023-01-01 2023-12-31 09148746 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09148746 c:FullAccounts 2023-01-01 2023-12-31 09148746 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09148746 2 2023-01-01 2023-12-31 09148746 6 2023-01-01 2023-12-31 09148746 e:Euro 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09148746










Dstream Holdings Limited








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 31 December 2023


 


 
Dstream Holdings Limited
Registered number: 09148746

Balance sheet
As at 31 December 2023

2023
2022

Fixed assets

Fixed asset investments
124,611
124,311

124,611
124,311

Current assets

Debtors: amounts falling due after more than one year
461,501
256,417

Debtors: amounts falling due within one year
7,702
252,868

Cash at bank and in hand
639,765
102,889

1,108,968
612,174

Creditors: amounts falling due within one year
(435,499)
(548,341)

Net current assets
 
 
673,469
 
 
63,833

Total assets less current liabilities
798,080
188,144


Net assets
798,080
188,144


Capital and reserves

Called up share capital 
1,167
1,167

Profit and loss account
796,913
186,977

798,080
188,144


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 January 2025.



S L Danigo
Director


The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
Dstream Holdings Limited
 

 
Notes to the financial statements
For the year ended 31 December 2023

1.


General information

Dstream Holding Limited is a private company limited by shares and incorporated in England with registration number 09148746. The registered office of the company is Innovation House, Ramsgate Road, Sandwich, Kent, CT13 9FF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are rounded to the nearest Euro.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern in preparing the annual financial statements.

 
2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is Euros.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 2

 
Dstream Holdings Limited
 

 
Notes to the financial statements
For the year ended 31 December 2023

2.Accounting policies (continued)

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.


 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 3

 
Dstream Holdings Limited
 

 
Notes to the financial statements
For the year ended 31 December 2023

3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Fixed asset investments





Unlisted investments




Cost or valuation


At 1 January 2023
124,311


Additions
300



At 31 December 2023
124,611





5.


Debtors

2023
2022

Due after more than one year

Other debtors
461,501
256,417

461,501
256,417


2023
2022

Due within one year

Trade debtors
7,500
7,500

Amounts owed by joint ventures and associated undertakings
202
139,845

Other debtors
-
105,523

7,702
252,868



6.


Creditors: Amounts falling due within one year

2023
2022

Corporation tax
-
12,841

Other creditors
435,499
535,500

435,499
548,341


Page 4

 
Dstream Holdings Limited
 

 
Notes to the financial statements
For the year ended 31 December 2023

7.


Share capital

2023
2022
Allotted, called up and fully paid



1,167 (2022 - 1,167) Ordinary shares of £1.00 each
1,167
1,167



8.


Related party transactions

All related party transactions during the current and prior periods, including key management personnel compensation, were made under normal market conditions.


9.


Controlling party

During the year the company was controlled by S L Danigo by virtue of his 100% shareholding.


Page 5