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REGISTERED NUMBER: 10638851 (England and Wales)







Unaudited Financial Statements

for the Year Ended

30 June 2024

for

Dream Property Holdco Limited

Dream Property Holdco Limited (Registered number: 10638851)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Dream Property Holdco Limited (Registered number: 10638851)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 6,186,500 5,289,486

CURRENT ASSETS
Debtors 5 - 371,400
Cash at bank 534,702 157,402
534,702 528,802
CREDITORS
Amounts falling due within one year 6 1,044,054 1,027,860
NET CURRENT LIABILITIES (509,352 ) (499,058 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,677,148

4,790,428

PROVISIONS FOR LIABILITIES 125,000 -
NET ASSETS 5,552,148 4,790,428

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 5,552,048 4,790,328
SHAREHOLDERS' FUNDS 5,552,148 4,790,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Dream Property Holdco Limited (Registered number: 10638851)

Balance Sheet - continued
30 June 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2025 and were signed on its behalf by:




E L Morris - Director



R P Morris - Director


Dream Property Holdco Limited (Registered number: 10638851)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Dream Property Holdco Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10638851

Registered office: Barn Cottage
Botany Lane
Lepton
Huddersfield
HD8 0NE

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 UK and Republic of Ireland" and the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to give a true and fair view.

The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents interest and dividend income from listed investments held in portfolios and is recognised in the accounting period to which it relates.

Taxation
Current tax, including UK corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date and are expected to apply to the reversal of the timing difference. date.

Dream Property Holdco Limited (Registered number: 10638851)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

All financial assets and liabilities are initially measured at transaction price (including transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

The following assets and liabilities are classified as basic financial instruments - other debtors, cash and bank balances, intercompany balances, and other creditors.

Other debtors, cash and bank balances, intercompany balances, and other creditors are measured at the amortised cost equivalent to the undiscounted amount of cash or other consideration expected to be paid or received.

Fixed asset investments are measured at fair value with changes recognised in profit or loss.

Impairment of assets
Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit and loss as described below.

Non financial assets
An asset is impaired when there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.

Financial assets
For financial assets carried at cost less impairment, the impairment loss is the difference between the asset's carrying amount and the best estimate of the amount that would be received for the asset if it were sold at the reporting date.

Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had the impairment loss not been recognised.

Fixed asset investments
Investments held as fixed assets are stated at market value. Investments are reviewed for impairment if events or changes in circumstances indicate that the carrying amount may not be recoverable. Impairments are calculated such that the carrying value of the fixed asset investment is the lower of its cost or recoverable amount. Recoverable amount is the higher of its net realisable value and its value-in-use. Fixed asset investments are disposed of at an average cost.

3. EMPLOYEES AND DIRECTORS

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

Dream Property Holdco Limited (Registered number: 10638851)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 July 2023 5,289,486
Additions 102,576
Disposals (27,655 )
Revaluations 822,093
At 30 June 2024 6,186,500
NET BOOK VALUE
At 30 June 2024 6,186,500
At 30 June 2023 5,289,486

Cost or valuation at 30 June 2024 is represented by:

Other
investments
£   
Valuation in 2018 68,629
Valuation in 2019 52,406
Valuation in 2020 (43,731 )
Valuation in 2021 394,019
Valuation in 2022 (576,715 )
Valuation in 2023 249,810
Valuation in 2024 822,093
Cost 5,219,989
6,186,500

Fixed Asset Investments are revalued at each year end. These valuations are based on market value.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by related undertaking - 352,000
Other debtors - 19,400
- 371,400

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 16,702 -
Other creditors 1,027,352 1,027,860
1,044,054 1,027,860

Dream Property Holdco Limited (Registered number: 10638851)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CALLED UP SHARE CAPITAL

2024 2023
£ £
Allotted, issued and fully paid 100 100