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REGISTERED NUMBER: 15350644 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 14 DECEMBER 2023 TO 31 DECEMBER 2024

FOR

DREAM BIG PROPERTY LIMITED

DREAM BIG PROPERTY LIMITED (REGISTERED NUMBER: 15350644)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 14 DECEMBER 2023 TO 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DREAM BIG PROPERTY LIMITED

COMPANY INFORMATION
FOR THE PERIOD 14 DECEMBER 2023 TO 31 DECEMBER 2024







DIRECTOR: J Bharth





REGISTERED OFFICE: 27 Barham Court
Cuffley
United Kingdom
EN6 4HY





REGISTERED NUMBER: 15350644 (England and Wales)





ACCOUNTANTS: Solazzo & Co Ltd
Chartered Accountants
Woodlands,
27 Ferney Road
Cheshunt
Hertfordshire
EN7 6XQ

DREAM BIG PROPERTY LIMITED (REGISTERED NUMBER: 15350644)

BALANCE SHEET
31 DECEMBER 2024

Notes £    £   
FIXED ASSETS
Investment property 4 405,871

CURRENT ASSETS
Debtors 5 654
Cash at bank 15,749
16,403
CREDITORS
Amounts falling due within one year 6 148,026
NET CURRENT LIABILITIES (131,623 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

274,248

CREDITORS
Amounts falling due after more than one
year

7

295,063
NET LIABILITIES (20,815 )

CAPITAL AND RESERVES
Called up share capital 10
Retained earnings (20,825 )
(20,815 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 BIG PROPERTY LIMITED (REGISTERED NUMBER: 15350644)

BALANCE SHEET - continued
31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2025 and were signed by:





J Bharth - Director


DREAM BIG PROPERTY LIMITED (REGISTERED NUMBER: 15350644)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 14 DECEMBER 2023 TO 31 DECEMBER 2024

1. STATUTORY INFORMATION

Dream Big Property Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

SIGNIFICANT JUDGEMENTS AND ESTIMATES
The preparation of these financial statements requires the Directors to exercise judgement and make estimates and assumptions on the book values of assets and liabilities that may not be available from other traditional sources. These estimates and assumptions are based on past experience and factors that are considered to be of relevance and are assessed annually on an ongoing basis. Any adjustments to values are recognised in the period of assessment.

TURNOVER
Turnover represents rental income and service charges receivable in the year.

FINANCIAL INSTRUMENTS AND CASH AND CASH EQUIVALENTS
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and recorded at the initial transaction cost. A provision for non-recovery of debtors is made where management consider that a risk exists that the company will not be able to recover fully amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

TAXATION
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


DREAM BIG PROPERTY LIMITED (REGISTERED NUMBER: 15350644)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 14 DECEMBER 2023 TO 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

INVESTMENT PROPERTY
Investment properties are held for long term investment and are included in the balance sheet at fair value. Any aggregate surplus or deficit arising from changes in market value is transferred to a fair value reserve. Depreciation is not provided on investment properties.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 405,871
At 31 December 2024 405,871
NET BOOK VALUE
At 31 December 2024 405,871

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Prepayments and accrued income 654

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Directors' current accounts 146,825
Accruals and deferred income 1,201
148,026

DREAM BIG PROPERTY LIMITED (REGISTERED NUMBER: 15350644)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 14 DECEMBER 2023 TO 31 DECEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Bank loans (see note 8) 295,063

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Mortgages 295,063

8. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Mortgages 295,063

9. SECURED DEBTS

The following secured debts are included within creditors:

£   
Mortgages 295,063

The company has legal, fixed and floating charges over the assets of the company in favour of Belmont Green Finance Ltd, The Mortgage Works (UK) plc and Paragon Bank plc.