Dream Engine Limited - Filleted accounts

Registered number

12382810

Dream Engine Limited

Filleted Accounts

31 January 2025

Dream Engine Limited
Registered number:		12382810
Balance Sheet
as at 31 January 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		14,478			14,483

Current assets
Stocks		-			3,120
Debtors	4	10,536			-
Cash at bank and in hand		61,601			87,995
		72,137			91,115

Creditors: amounts falling due within one year	5	(66,366)			(57,038)

Net current assets			5,771			34,077

Net assets			20,249			48,560

Capital and reserves
Called up share capital			200			200
Profit and loss account			20,049			48,360

Shareholders' funds			20,249			48,560

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 and delivered 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.




N Cashman
Director
Approved by the board on 12 September 2025

Dream Engine 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, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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:

	Fixtures, fittings, tools and equipment	20% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice 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 (which is usually the invoice 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		2025		2024
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 February 2024				24,277
	Additions				3,615
	At 31 January 2025				27,892

	Depreciation
	At 1 February 2024				9,794
	Charge for the year				3,620
	At 31 January 2025				13,414

	Net book value
	At 31 January 2025				14,478
	At 31 January 2024				14,483


4	Debtors		2025		2024
£				£

	Trade debtors		10,536		-


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Taxation and social security costs		9,192		3,421
	Other creditors		57,174		53,617
			66,366		57,038


6	Other information

	Dream Engine Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Brewery House
	High Street
	Twyford
	Hampshire
	SO21 1RG