Pod Dreams Limited
Registered number: 13167891
Statement of Financial Position
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,190,861 1,196,119
Current assets
Debtors 4 26,309 9,322
Cash at bank and in hand 7,506 19,639
33,815 28,961
Creditors: amounts falling due within one year 5 (560,689) (535,791)
Net current liabilities (526,874) (506,830)
Total assets less current liabilities 663,987 689,289
Creditors: amounts falling due after more than one year 6 (695,125) (703,675)
Provisions for liabilities (3,996) (3,996)
Net liabilities (35,134) (18,382)
Capital and reserves
Called up share capital 1 1
Profit and loss account (35,135) (18,383)
Shareholders' funds (35,134) (18,382)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
T M George
Director
Approved by the board on 25 July 2025
Pod Dreams Limited
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
Going concern
The company had retained losses as at the balance sheet date which were not covered by the share capital of the company. The company is continuing to trade as the directors of the company are funding the company in the form of a director’s loan. The directors are planning to continue this financial support for the company for the foreseeable future.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Investments
Investment properties are carried at fair value, derived from current market prices for comparable properties determined annually.

Changes in fair value/Impairment losses are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees and directors 2025 2024
Number Number
Average number of directors and persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings Motor vehicles Total
£ £ £
Cost
At 1 February 2024 1,175,088 37,388 1,212,476
At 31 January 2025 1,175,088 37,388 1,212,476
Depreciation
At 1 February 2024 - 16,357 16,357
Charge for the year - 5,258 5,258
At 31 January 2025 - 21,615 21,615
Net book value
At 31 January 2025 1,175,088 15,773 1,190,861
At 31 January 2024 1,175,088 21,031 1,196,119
4 Debtors 2025 2024
£ £
Prepayments 714 9,322
Other debtors 25,595 -
26,309 9,322
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 2,985 2,957
Obligations under finance lease and hire purchase contracts 5,623 5,623
Trade creditors 1,032 1,230
Accruals 1,452 1,386
Other creditors 549,597 524,595
560,689 535,791
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 500,995 500,995
Obligations under finance lease and hire purchase contracts 8,902 14,526
Trade creditors 185,228 188,154
695,125 703,675
7 Other information
Pod Dreams Limited is a private company limited by shares and incorporated in England. Its registered office is:
89-90 Paul Street
London
EC2A 4NE
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