Company Registration No. 10635308 (England and Wales)
DREAM HOUSE BUILDING LTD
Unaudited accounts
for the year ended 31 March 2024
DREAM HOUSE BUILDING LTD
Unaudited accounts
Contents
DREAM HOUSE BUILDING LTD
Company Information
for the year ended 31 March 2024
Director
Marius Emanuel Iftimiei
Company Number
10635308 (England and Wales)
Registered Office
29 Leggatts Wood Avenue
Watford
WD24 6RL
DREAM HOUSE BUILDING LTD
Statement of financial position
as at 31 March 2024
Tangible assets
30,110
40,375
Cash at bank and in hand
17,222
13,825
Creditors: amounts falling due within one year
(463,727)
(267,500)
Net current assets
36,405
56,399
Total assets less current liabilities
66,515
96,774
Creditors: amounts falling due after more than one year
(51,854)
(69,183)
Called up share capital
100
100
Profit and loss account
14,561
27,491
Shareholders' funds
14,661
27,591
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 July 2025 and were signed on its behalf by
Marius Emanuel Iftimiei
Director
Company Registration No. 10635308
DREAM HOUSE BUILDING LTD
Notes to the Accounts
for the year ended 31 March 2024
DREAM HOUSE BUILDING LTD is a private company, limited by shares, registered in England and Wales, registration number 10635308. The registered office is 29 Leggatts Wood Avenue, Watford, WD24 6RL.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
9,528
76,604
86,132
At 31 March 2024
9,528
76,604
86,132
At 1 April 2023
7,391
38,366
45,757
Charge for the year
705
9,560
10,265
At 31 March 2024
8,096
47,926
56,022
At 31 March 2024
1,432
28,678
30,110
At 31 March 2023
2,137
38,238
40,375
DREAM HOUSE BUILDING LTD
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
343,822
253,737
Other debtors
83,982
25,447
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
237,018
132,892
Taxes and social security
31,960
36,529
Other creditors
192,399
96,979
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Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
22,765
30,803
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 14 (2023: 25).