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Registered Number: 07663376


 

 

 


Abridged Accounts


for the year ended 30 June 2025

for

DREAMCYCLES LTD

Report to the directors on the preparation of the unaudited statutory accounts of DREAMCYCLES LTD for the year ended 30 June 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of DREAMCYCLES LTD for the year ended 30 June 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of DREAMCYCLES LTD, as a body, in accordance with the terms of our engagement letter dated 19 September 2025 Our work has been undertaken solely to prepare for your approval the accounts of DREAMCYCLES LTD and state those matters that we have agreed to state to the Board of Directors of DREAMCYCLES LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DREAMCYCLES LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that DREAMCYCLES LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of DREAMCYCLES LTD. You consider that DREAMCYCLES LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of DREAMCYCLES LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
30 June 2025



....................................................

Turner and Partners LLP

24 James Street West
Bath
BA1 2BT
19 September 2025
1
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Tangible fixed assets 3 1,037    675 
1,037    675 
Current assets      
Stocks 65,463    79,679 
Debtors 1,451    3,601 
Cash at bank and in hand 86,255    104,822 
153,169    188,102 
Creditors: amount falling due within one year (5,506)   (5,485)
Net current assets 147,663    182,617 
 
Total assets less current liabilities 148,700    183,292 
Net assets 148,700    183,292 
 

Capital and reserves
     
Called up share capital 1    1 
Profit and loss account 148,699    183,291 
Shareholders' funds 148,700    183,292 
 


For the year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 19 September 2025 and were signed by:


-------------------------------
Patrick Chappell
Director
2
General Information
DREAMCYCLES LTD is a private company, limited by shares, registered in , registration number 07663376, registration address 4 Dean Close, Frome, BA11 2XH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 2 (2024 : 2).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Computer Equipment   Total
  £   £   £   £
At 01 July 2024 1,385    7,247      8,632 
Additions     708    708 
Disposals      
At 30 June 2025 1,385    7,247    708    9,340 
Depreciation
At 01 July 2024 1,341    6,616      7,957 
Charge for year 11    158    177    346 
On disposals      
At 30 June 2025 1,352    6,774    177    8,303 
Net book values
Closing balance as at 30 June 2025 33    473    531    1,037 
Opening balance as at 01 July 2024 44    631      675 


3