DREAM MACHINE PRODUCTIONS C.I.C.

Company Registration Number:
SC477222 (Scotland)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

DREAM MACHINE PRODUCTIONS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

DREAM MACHINE PRODUCTIONS C.I.C.

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Cash at bank and in hand: 1,136 4,669
Investments:   0 0
Total current assets: 1,136 4,669
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 262 ) ( 5,024 )
Net current assets (liabilities): 874 (355)
Total assets less current liabilities: 874 ( 355)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 ( 144 )
Accruals and deferred income: 0 0
Total net assets (liabilities): 874 (499)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 872 (501 )
Total Shareholders' funds: 874 (499)

The notes form part of these financial statements

DREAM MACHINE PRODUCTIONS C.I.C.

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 21 May 2025
and signed on behalf of the board by:

Name: Matthew Mark Lygate
Status: Director

The notes form part of these financial statements

DREAM MACHINE PRODUCTIONS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in In order to write off the assets over their estimated useful lives:

    Other accounting policies

    Basis of preparation The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

DREAM MACHINE PRODUCTIONS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

DREAM MACHINE PRODUCTIONS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 262 274
Accruals and deferred income 0 0
Other creditors 0 4,750
Total 262 5,024

COMMUNITY INTEREST ANNUAL REPORT

DREAM MACHINE PRODUCTIONS C.I.C.

Company Number: SC477222 (Scotland)

Year Ending: 31 May 2024

Company activities and impact

In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. We continued to run our community arts hub called The Dream Machine and The Space at 257 London Road for another great year of supporting the community with our program of events, arts programs, workshops and meetups. We successfully ran our own funded art program, investing £25k into community arts through our Betty McAlister Fund that funded artists and event organisers to run or host more than 60 community events.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 May 2025

And signed on behalf of the board by:
Name: Matthew Mark LYGATE
Status: Director