Dreme Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 10397230

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		425,000		425,000

			425,000		425,000
CURRENT ASSETS
Debtors	5	6,888		500
Cash at bank and in hand		6,332		6,829

		13,220		7,329
Creditors: Amounts Falling Due Within One Year	6	(6,478 )		(7,988 )

NET CURRENT ASSETS (LIABILITIES)			6,742		(659 )

TOTAL ASSETS LESS CURRENT LIABILITIES			431,742		424,341

Creditors: Amounts Falling Due After More Than One Year	7		-		(2,876 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	8		(19,946 )		(19,946 )

NET ASSETS			411,796		401,519

CAPITAL AND RESERVES
Called up share capital	9		100		100
Revaluation reserve	10		85,034		85,034
Profit and Loss Account			326,662		316,385

SHAREHOLDERS' FUNDS			411,796		401,519

Page 1

Page 2

Dreme Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr Mark Esho

Director

15 September 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Dreme Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10397230 . The registered office is 21 High View Close, Hamilton Office Park, Leicester, Leicestershire, LE4 9LJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 3

Page 4

Dreme Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.4. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.5. 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.

2.6. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Investment Property

	2024
	£
Fair Value
As at 1 January 2024 and 31 December 2024	425,000

Investment properties were valued on a fair value basis on 31 December 2024 by the directors.

	2024	2023
	£	£
Cost	320,020	320,020

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	6,888	500

Page 4

Page 5

Dreme Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	-	310
Bank loans and overdrafts	3,198	2,361
Other creditors	850	3,455
Taxation and social security	2,430	1,862

	6,478	7,988

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	-	2,876

8. Deferred Taxation

The provision for deferred tax is made up as follows:

	2024	2023
	£	£
Other timing differences	19,946	19,946

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

10. Reserves

	Revaluation Reserve
	£
As at 1 January 2024	85,034

As at 31 December 2024	85,034

Page 5

Page 6

Dreme Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

11. Related Party Transactions

Directors Loan Account

Directors loan account as at 31 December 2024 was £4,564 (2023: (£2,181)).

The loan is free of interest and repayable on demand. The amount is included within other debtors/creditors.

Easy Internet Services Ltd

There are directors and shareholders in common.

Easy Internet Services Ltd - loan account as at 31 December 2024 was £1,444 (2023: (£339)).

The loan is free of interest and repayable on demand.The amount is included within other debtors/creditors.

12. Ultimate Controlling Party

The company's ultimate controlling party is Mr M Esho and Mrs D Esho by virtue of their joint beneficial ownership of 100% of the issued share capital in the company.

Page 6