REGISTERED NUMBER: 10409840 (England and Wales)

Financial Statements for the Year Ended 31 October 2024

for

London Dream Lofts Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

V Gaxha

E Gaxha

REGISTERED OFFICE:

32 Church Lane

London

E11 1HG

REGISTERED NUMBER:

10409840 (England and Wales)

ACCOUNTANTS:

Ortenz & Co Ltd

354 High Street North

East Ham

London

E12 6PH

FIXED ASSETS

Tangible assets

4

24,254

36,514

CURRENT ASSETS

Debtors

5

214,840

227,122

Cash at bank and in hand

14,093

20,130

228,933

247,252

CREDITORS

Amounts falling due within one year

6

138,106

143,855

NET CURRENT ASSETS

90,827

103,397

TOTAL ASSETS LESS CURRENT LIABILITIES

115,081

139,911

CREDITORS

Amounts falling due after more than one year

7

19,105

29,488

NET ASSETS

95,976

110,423

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

95,876

110,323

SHAREHOLDERS' FUNDS

95,976

110,423

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2025 and were signed on its behalf by:

V Gaxha - Director

1.	STATUTORY INFORMATION

London Dream Lofts Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents net invoiced sales of goods and services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2023

and 31 October 2024

77,801

DEPRECIATION

At 1 November 2023

41,287

Charge for year

12,260

At 31 October 2024

53,547

NET BOOK VALUE

At 31 October 2024

24,254

At 31 October 2023

36,514

5.

DEBTORS

31.10.24

31.10.23

£

£

Amounts falling due within one year:

Other debtors

171,567

183,849

Amounts falling due after more than one year:

Other debtors

43,273

43,273

Aggregate amounts

214,840

227,122

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Trade creditors

149

15,083

Taxation and social security

136,137

127,027

Other creditors

1,820

1,745

138,106

143,855

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.24

31.10.23

£

£

Bank loans

16,644

26,272

Hire purchase contracts

2,461

3,216

19,105

29,488

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2024 and 31 October 2023:

31.10.24

31.10.23

£

£

E Gaxha

Balance outstanding at start of year

73,110

86,011

Amounts advanced

317

-

Amounts repaid

-

(12,901

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

73,427

73,110

V Gaxha

Balance outstanding at start of year

90,411

109,632

Amounts repaid

(1,521

)

(19,221

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

88,890

90,411

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Ortenz & Co Ltd

354 High Street North

East Ham

London

E12 6PH

15 October 2025