Dream Energy Projects Limited 10179284 false 2024-06-01 2025-05-31 2025-05-31 The principal activity of the company is other business support service activities. Digita Accounts Production Advanced 6.30.9574.0 true 10179284 2024-06-01 2025-05-31 10179284 2025-05-31 10179284 bus:OrdinaryShareClass1 2025-05-31 10179284 core:CurrentFinancialInstruments 2025-05-31 10179284 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 10179284 bus:SmallEntities 2024-06-01 2025-05-31 10179284 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 10179284 bus:FilletedAccounts 2024-06-01 2025-05-31 10179284 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 10179284 bus:RegisteredOffice 2024-06-01 2025-05-31 10179284 bus:Director2 2024-06-01 2025-05-31 10179284 bus:OrdinaryShareClass1 2024-06-01 2025-05-31 10179284 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 10179284 countries:UnitedKingdom 2024-06-01 2025-05-31 10179284 2023-06-01 2024-05-31 10179284 2024-05-31 10179284 bus:OrdinaryShareClass1 2024-05-31 10179284 core:CurrentFinancialInstruments 2024-05-31 10179284 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10179284

Dream Energy Projects Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 May 2025

Dream Energy Projects Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 4

Dream Energy Projects Limited

(Registration number: 10179284)
Balance Sheet as at 31 May 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 4 | - | 279,035
Cash at bank and in hand |  | 25,812 | 28,277
|  | 25,812 | 307,312
Creditors: Amounts falling due within one year | 5 | (277,778) | (262,146)
Net (liabilities)/assets |  | (251,966) | 45,166
Capital and reserves |  |  |
Called up share capital | 6 | 100 | 100
Profit and loss account |  | (252,066) | 45,066
Shareholders' (deficit)/funds |  | (251,966) | 45,166

For the financial 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.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 February 2026 and signed on its behalf by:

......................................... Dr T Lindstedt Director

Dream Energy Projects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Lawford House
Albert Place
London
N3 1QA
England

These financial statements were authorised for issue by the Board on 23 February 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Dream Energy Projects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Debtors

Current | 2025 £ | 2024 £
Other debtors | - | 279,035
| - | 279,035

Dream Energy Projects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

5 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Accruals and deferred income | 3,600 | 2,040
Other creditors | 274,178 | 260,106
| 277,778 | 262,146

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

7 | Related party transactions

At the balance sheet date, an amount of £1,677 (2024: £1,598) was due to the directors. There are no formal terms and conditions regarding the repayment of this loan.
At the balance sheet date, included within other creditors is an amount of £272,501 (2024: £258,508) owed to connected companies in which the director has a beneficial interest. The loans are interest free, unsecured and repayable on demand.