Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-192024-12-192025-05-19The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1falsetrue2023-10-01No description of principal activity1truefalse 10776393 2023-10-01 2024-12-19 10776393 2022-10-01 2023-09-30 10776393 2024-12-19 10776393 2023-09-30 10776393 c:Director1 2023-10-01 2024-12-19 10776393 d:CurrentFinancialInstruments 2024-12-19 10776393 d:CurrentFinancialInstruments 2023-09-30 10776393 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-19 10776393 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 10776393 d:ShareCapital 2024-12-19 10776393 d:ShareCapital 2023-09-30 10776393 d:RetainedEarningsAccumulatedLosses 2024-12-19 10776393 d:RetainedEarningsAccumulatedLosses 2023-09-30 10776393 c:FRS102 2023-10-01 2024-12-19 10776393 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-12-19 10776393 c:FullAccounts 2023-10-01 2024-12-19 10776393 c:PrivateLimitedCompanyLtd 2023-10-01 2024-12-19 10776393 e:PoundSterling 2023-10-01 2024-12-19 iso4217:GBP xbrli:pure

Registered number: 10776393









VIOLET DREAMS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 19 DECEMBER 2024

 
VIOLET DREAMS LIMITED
REGISTERED NUMBER: 10776393

STATEMENT OF FINANCIAL POSITION
AS AT 19 DECEMBER 2024

19 December
30 September
2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1,043
40,625

  
1,043
40,625

Creditors: amounts falling due within one year
 6 
(27,986)
(28,116)

Net current (liabilities)/assets
  
 
 
(26,943)
 
 
12,509

Total assets less current liabilities
  
(26,943)
12,509

  

Net (liabilities)/assets
  
(26,943)
12,509


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(26,944)
12,508

  
(26,943)
12,509


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 period 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 19 May 2025.



F Berger
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
VIOLET DREAMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 19 DECEMBER 2024

1.


General information

Violet Dreams Limited is a private company limited by shares and incorporated in England and Wales. The address of its registered office and principal place of business is 14 Bonhill Street, London, United Kingdom, EC2A 4BX. 

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 following principal accounting policies have been applied:

 
2.2

Going concern

Due to the winding down of operations and the intended strike-off, the company is no longer considered a going concern. As a result, the company’s financial statements have been prepared on a break-up basis, with assets recorded at their realisable values.

 
2.3

Revenue

Revenue comprises distribution revenue receivable and is recognised in the Statement of income and Retained earnings in the period it is contractually due. 

 
2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.6

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition
of financial assets and liabilities like trade and other debtors and creditors and loans from other third
parties.

 
2.7

Creditors

Short term creditors are measured at the transaction price. 

Page 2

 
VIOLET DREAMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 19 DECEMBER 2024

2.Accounting policies (continued)

 
2.8

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

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.

  
2.9

Taxation

Tax is recognised in the Statement of Income and Retained Earnings. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.
The Company is eligible to claim a tax credit on film production costs; the tax credit comprises relief based on total net costs and an additional deduction for enhanceable expenditure. The Company claims a payment based on the amount of enhanced expenditure and carries losses arising from total net costs forward against future profits.


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2023 - 1).


4.


Debtors

19 December
30 September
2024
2023
£
£


Other debtors
1,043
40,625

1,043
40,625


Page 3

 
VIOLET DREAMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 19 DECEMBER 2024

5.


Cash and cash equivalents

19 December
30 September
2024
2023
£
£

Less: bank overdrafts
-
(20)

-
(20)



6.


Creditors: Amounts falling due within one year

19 December
30 September
2024
2023
£
£

Bank overdrafts
-
20

Trade creditors
15,775
16,365

Other creditors
8,611
8,611

Accruals and deferred income
3,600
3,120

27,986
28,116



7.


Controlling party

During the current and preceding period the company was under the control of F Berger, a director of the company and the sole shareholder.

 
Page 4