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Company Registration No. 14126679 (England and Wales)
Follow Your Dreams Events Limited Unaudited accounts for the year ended 31 May 2025
Follow Your Dreams Events Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Follow Your Dreams Events Limited Company Information for the year ended 31 May 2025
Directors
Peter Edward Barton Kylie Megan Drew
Company Number
14126679 (England and Wales)
Registered Office
128 City Road London EC1V 2NX United Kingdom
Accountants
Darroch Accountancy Ltd 9 Old Foundry Close St Just Cornwall TR19 7QS
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Follow Your Dreams Events Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
5,581
651
Current assets
Debtors
5
-
3,454
Cash at bank and in hand
63,460
65,500
63,460
68,954
Creditors: amounts falling due within one year
6
(6,349)
(18,665)
Net current assets
57,111
50,289
Total assets less current liabilities
62,692
50,940
Creditors: amounts falling due after more than one year
7
-
(238)
Provisions for liabilities
Deferred tax
8
(1,395)
(163)
Net assets
61,297
50,539
Capital and reserves
Called up share capital
9
100
100
Profit and loss account
61,197
50,439
Shareholders' funds
61,297
50,539
For the year ending 31 May 2025 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 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 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 of Directors and authorised for issue on 6 August 2025 and were signed on its behalf by
Peter Edward Barton Director Company Registration No. 14126679
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Follow Your Dreams Events Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Follow Your Dreams Events Limited is a private company, limited by shares, registered in England and Wales, registration number 14126679. The registered office is 128 City Road, London, EC1V 2NX, United Kingdom.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
20% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
70
51
900
1,021
Additions
-
-
6,414
6,414
At 31 May 2025
70
51
7,314
7,435
Depreciation
At 1 June 2024
18
22
330
370
Charge for the year
13
7
1,464
1,484
At 31 May 2025
31
29
1,794
1,854
Net book value
At 31 May 2025
39
22
5,520
5,581
At 31 May 2024
52
29
570
651
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
-
3,454
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Follow Your Dreams Events Limited Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
711
2,267
Taxes and social security
1,755
6,273
Loans from directors
3,283
9,576
Accruals
600
549
6,349
18,665
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Trade creditors
-
238
8
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
1,395
163
2025
2024
£
£
Provision at start of year
163
159
Charged to the profit and loss account
1,232
4
Provision at end of year
1,395
163
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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