Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31truefalsetruetrue2024-01-01No description of principal activity23truefalse 10598912 2024-01-01 2024-12-31 10598912 2023-01-01 2023-12-31 10598912 2024-12-31 10598912 2023-12-31 10598912 c:CompanySecretary1 2024-01-01 2024-12-31 10598912 c:Director4 2024-01-01 2024-12-31 10598912 c:Director6 2024-01-01 2024-12-31 10598912 c:Director6 2024-12-31 10598912 c:Director7 2024-01-01 2024-12-31 10598912 c:Director7 2024-12-31 10598912 c:Director8 2024-01-01 2024-12-31 10598912 c:Director8 2024-12-31 10598912 c:Director9 2024-01-01 2024-12-31 10598912 c:Director9 2024-12-31 10598912 c:RegisteredOffice 2024-01-01 2024-12-31 10598912 d:CurrentFinancialInstruments 2024-12-31 10598912 d:CurrentFinancialInstruments 2023-12-31 10598912 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 10598912 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10598912 d:ShareCapital 2024-12-31 10598912 d:ShareCapital 2023-12-31 10598912 d:SharePremium 2024-01-01 2024-12-31 10598912 d:SharePremium 2024-12-31 10598912 d:SharePremium 2023-12-31 10598912 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 10598912 d:RetainedEarningsAccumulatedLosses 2024-12-31 10598912 d:RetainedEarningsAccumulatedLosses 2023-12-31 10598912 d:RetainedEarningsAccumulatedLosses 2023-01-01 10598912 c:OrdinaryShareClass1 2024-01-01 2024-12-31 10598912 c:OrdinaryShareClass1 2024-12-31 10598912 c:OrdinaryShareClass1 2023-12-31 10598912 c:OrdinaryShareClass2 2024-01-01 2024-12-31 10598912 c:OrdinaryShareClass2 2024-12-31 10598912 c:OrdinaryShareClass2 2023-12-31 10598912 c:OrdinaryShareClass4 2024-01-01 2024-12-31 10598912 c:OrdinaryShareClass4 2024-12-31 10598912 c:OrdinaryShareClass4 2023-12-31 10598912 c:EntityHasNeverTraded 2024-01-01 2024-12-31 10598912 c:FRS102 2024-01-01 2024-12-31 10598912 c:Audited 2024-01-01 2024-12-31 10598912 c:FullAccounts 2024-01-01 2024-12-31 10598912 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10598912 d:Subsidiary1 2024-01-01 2024-12-31 10598912 d:Subsidiary1 1 2024-01-01 2024-12-31 10598912 6 2024-01-01 2024-12-31 10598912 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Company registration number: 10598912







ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


DREAM DOORS HOLDINGS LIMITED






































img7390.png                        

 


DREAM DOORS HOLDINGS LIMITED
 


 
COMPANY INFORMATION


Directors
P J Carr 
J Shell (resigned 9 December 2024)
G C Brown (appointed 9 December 2024)
M Davis (appointed 9 December 2024)
H Robertson (appointed 9 December 2024)




Company secretary
G C Brown



Registered number
10598912



Registered office
Neighbourly Training Centre
Building 4 Brackley Campus, Buckingham Road

Brackley

Northamptonshire

United Kingdom

NN13 7EL




Independent auditor
Menzies LLP
Chartered Accountants & Statutory Auditor

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


DREAM DOORS HOLDINGS LIMITED
 



CONTENTS



Page
Strategic Report
1
Directors' Report
2 - 3
Independent Auditor's Report
4 - 7
Statement of Income and Retained Earnings
8
Statement of Financial Position
9
Notes to the Financial Statements
10 - 13


 


DREAM DOORS HOLDINGS LIMITED
 


 
STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024

The Directors present the strategic report of Dream Doors Holdings Limited for the year end 31 December 2024.

Business review
 
The Company is the intermediate holding company of Dream Doors Limited.
The Company did not trade in the period. No income or expenditure was incurred during the period and its main asset is its investment in its subsidiary undertaking.

Financial key performance indicators
 
As a non-trading intermediate parent company, the Directors do not consider the Company to have any key performance
indicators.


This report was approved by the board and signed on its behalf.



H Robertson
Director

Date: 28 July 2025

Page 1

 


DREAM DOORS HOLDINGS LIMITED
 


 
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024

The directors present their report and the financial statements for the year ended 31 December 2024.

Directors' responsibilities statement

The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.
 
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

 In preparing these financial statements, the directors are required to:


select suitable accounting policies for the Company's financial statements and then apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Directors

The directors who served during the year were:

P J Carr 
J Shell (resigned 9 December 2024)
G C Brown (appointed 9 December 2024)
M Davis (appointed 9 December 2024)
H Robertson (appointed 9 December 2024)

Matters covered in the Strategic Report

The Company has chosen in accordance with section 414C(11) of the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 to set out in the Company's strategic report information required by schedule 7 of the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 it must be stated in the Directors' Report that it has done so. This includes information that would have been included in the business review and the principal risks and uncertainties.
The directors are aware of the matters set out in section 172(1)(a) to (f) (duty to promote the success of the company) when performing their duties and do so appropriately.

Disclosure of information to auditor

Each of the persons who are directors at the time when this Directors' Report is approved has confirmed that:
 
so far as the director is aware, there is no relevant audit information of which the Company's auditor is unaware, and

the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditor is aware of that information.

Page 2

 


DREAM DOORS HOLDINGS LIMITED
 


 
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024

Post balance sheet events

There have been no significant events affecting the Company since the year end.

Auditor

Under section 487(2) of the Companies Act 2006Menzies LLP will be deemed to have been reappointed as auditor 28 days after these financial statements were sent to members or 28 days after the latest date prescribed for filing the accounts with the registrar, whichever is earlier.

This report was approved by the board and signed on its behalf.
 





H Robertson
Director

Date: 28 July 2025

Page 3

 


DREAM DOORS HOLDINGS LIMITED
 

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INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF DREAM DOORS HOLDINGS LIMITED

Opinion


We have audited the financial statements of Dream Doors Holdings Limited (the 'Company') for the year ended 31 December 2024, which comprise the Statement of Income and Retained Earnings, the Statement of Financial Position and the related notes, including a summary of significant accounting policiesThe financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).


In our opinion the financial statements:


give a true and fair view of the state of the Company's affairs as at 31 December 2024 and of its result for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.


Basis for opinion


We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.


Conclusions relating to going concern


In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.


Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.


Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.


Other information


The other information comprises the information included in the Annual Report other than the financial statements and our Auditor's Report thereon. The directors are responsible for the other information contained within the Annual ReportOur opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.


We have nothing to report in this regard.


Page 4

 


DREAM DOORS HOLDINGS LIMITED


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INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF DREAM DOORS HOLDINGS LIMITED (CONTINUED)

Opinion on other matters prescribed by the Companies Act 2006
 

In our opinion, based on the work undertaken in the course of the audit:


the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.


Matters on which we are required to report by exception
 

In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.


We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:


adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.


Responsibilities of directors
 

As explained more fully in the Directors' Responsibilities Statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.


In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.


Page 5

 


DREAM DOORS HOLDINGS LIMITED


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INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF DREAM DOORS HOLDINGS LIMITED (CONTINUED)

Auditor's responsibilities for the audit of the financial statements
 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.


Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The Company is subject to laws and regulations that directly affect the financial statements including financial reporting legislation, and general regulations such as health and safety. There are no industry specific laws and regulations which would be deemed to have a significant impact on the financial statements. We assessed the extent of compliance with the appropriate laws and regulations as part of our procedures on the related financial statement items.

We understood how the Company is complying with the legal and regulatory frameworks by, making inquiries to management, those responsible for legal and compliance procedures and the company secretary. We corroborated our inquiries through our review of board minutes.

The engagement partner assessed whether the engagement team collectively had the appropriate competence and capabilities to identify or recognize non-compliance with laws and regulations. The assessment did not identify any issues in this area.

We assessed the susceptibility of the Company financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the engagement team included:
°Identifying and assessing the design effectiveness of controls management has in place to prevent and detect fraud;
°Understanding how those charged with governance considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process;
°Challenging assumptions and judgments made by management in its significant accounting estimates; and 
°Identifying and testing journal entries, in particular any journal entries posted with unusual account combinations.
 
As a result of the above procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in the following areas: 
°Posting of unusual journals and complex transactions.
°Misappropriation of funds through fraudulent purchase ledger and payroll activity.
°Manipulation of amounts subject to significant judgment or estimate.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.


A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's Report.


Page 6

 


DREAM DOORS HOLDINGS LIMITED


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INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF DREAM DOORS HOLDINGS LIMITED (CONTINUED)

Use of our report
 

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditor's Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.





Andrew Galliers FCA (Senior Statutory Auditor)
  
for and on behalf of
Menzies LLP
 
Chartered Accountants
Statutory Auditor
  
3000a Parkway
Whiteley
Hampshire
PO15 7FX

29 July 2025
Page 7

 


DREAM DOORS HOLDINGS LIMITED
 


 
STATEMENT OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED 31 DECEMBER 2024

2024
2023
Note
£
£

  

Profit after tax
  
-
-

  

  

Retained earnings at the beginning of the year
  
(223,027)
(223,027)

  
(223,027)
(223,027)

Retained earnings at the end of the year
  
(223,027)
(223,027)
The notes on pages 10 to 13 form part of these financial statements.

Page 8

 


DREAM DOORS HOLDINGS LIMITED
REGISTERED NUMBER:10598912



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 5 
15,699,244
15,699,244

  
15,699,244
15,699,244

  

Creditors: amounts falling due within one year
 6 
(15,014,741)
(15,014,741)

Net current liabilities
  
 
 
(15,014,741)
 
 
(15,014,741)

Total assets less current liabilities
  
684,503
684,503

  

Net assets
  
684,503
684,503


Capital and reserves
  

Called up share capital 
 7 
10,039
10,039

Share premium account
 8 
897,491
897,491

Profit and loss account
 8 
(223,027)
(223,027)

  
684,503
684,503


The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



H Robertson
Director

Date: 28 July 2025


The notes on pages 10 to 13 form part of these financial statements.

Page 9

 


DREAM DOORS HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


Statement of Compliance

Dream Doors Holdings Limited is a private company limited by shares incorporated in England and Wales. The address of its registered office and the principal place of activity is disclosed on the company information page. 

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).

 
2.2

Financial Reporting Standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
the requirements of Section 7 Statement of Cash Flows;
the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d).

This information is included in the consolidated financial statements of TDG Group Holding Company as at 31
December 2024 and these financial statements may be obtained from 020 N. University Parks Dr. Waco, TX
76707.

 
2.3

Exemption from preparing consolidated financial statements

The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of a state other than the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 401 of the Companies Act 2006.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 10

 


DREAM DOORS HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

In preparing these financial statements, the directors have had to make the following judgements:
- Determine whether there are indicators of impairment of investments in subsidiaries. Factors taken into
consideration include the future profitability of each subsidiary and the plans and strategy for each subsidiary.

Page 11

 


DREAM DOORS HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Employees




The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Directors
2
3


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
15,699,244



At 31 December 2024
15,699,244





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Registered office

Class of shares

Holding

Dream Doors Ltd
Franchisor
Ordinary
100%

The registered address of Dream Doors Limited is Neighbourly Training Centre, Building 4 Brackley Campus, Buckingham Road, Brackley, Northamptonshire, United Kingdom, NN13 7EL.


6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
15,014,741
15,014,741

15,014,741
15,014,741


Page 12

 


DREAM DOORS HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



9,727 (2023 - 9,727) Ordinary shares of £1.000000 each
9,727
9,727
3,897,500 (2023 - 3,898,000) A Preferred Ordinary shares of £0.000010 each
39
39
273 (2023 - 273) B Ordinary shares of £1.000000 each
273
273

10,039

10,039

Each ordinary share has equal voting and dividend rights.



8.


Reserves

Share premium account

This reserve records the amount above the nominal value received for shares sold, less transaction costs.

Profit and loss account

The profit and loss account represents cumulative profits or losses net of dividends paid, capital contributions and
other adjustments.


9.


Related party transactions

The company is a wholly owned member of the Neighborly Company Group and has taken advantage of the
exemption permitted by Section 33 FRS 102 and not provided disclosures surrounding transactions entered into
with other wholly owned members of the group.


10.


Controlling party

The company is a subsidiary of Neighborly Company which is the ultimate parent company incorporated in
Delaware, USA and whose principal address is 1020 N. University Parks Dr. Waco, TX 76707.
The largest group in which the results of the company are consolidated is that headed by Neighborly Company, incorporated in Delaware, USA. The smallest group in which they are consolidated is that headed by
Dwyer Franchising LLC, incorporated in Delaware, USA.

Page 13