Dreamtracker Limited,Ltd - AccountsLtd

As at 31 October 2019

Dreamtracker Limited

Statement of Financial Position

Registered Number :

05257348

2018

2019

Notes

Fixed assets

Property, plant and equipment

362,009

360,500

362,009

360,500

Current assets

Trade and other receivables

360

687

166,610

Cash and cash equivalents

163,062

163,749

166,970

Trade and other payables: amounts falling due within one

year

(441,246)

(441,112)

(274,276)

(277,363)

Net current liabilities

Total assets less current liabilities

84,646

86,224

(287)

Provisions for liabilities

84,359

Net assets

86,224

Capital and reserves

Called up share capital

Retained earnings

84,357

86,222

84,359

86,224

Shareholders' funds

For the year ended 31 October 2019 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 of its financial statements for the year ended 31 October 2019 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

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

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

Mr GERALD FACER Director

These financial statements were approved and authorised for issue by the Board on 27 July 2020 and were signed by:

The notes form part of these financial statements

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For the year ended 31 October 2019

Dreamtracker Limited

Notes to the Financial Statements

Statutory Information

Dreamtracker Limited is a private limited company, limited by shares, domiciled in England and Wales, registration

number 05257348.

Principal place of business:

Cliffe House

Moores Lane

Enderby

Leicester

LE19 4AN

Registered address:

West Walk House

99 Princess Road East

Leicester

Leicestershire

LE1 7LF

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover represents the net invoiced value of services provided net of value added tax

Property, plant and equipment

Land and buildings

33.33% per annum on cost

Computer equipment

Investment properties are included in the balance sheet at their open market value at the balance sheet date. The

resulting aggregate surplus or deficit is transferred to a revaluation reserve. Depreciation is provided only on those

investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective

January, 2015), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to

be depreciated. In the opinion of the director compliance with the standard is necessary for the financial statements

to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation

and the amount of this might otherwise have been charged cannot be separately identified or quantified.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

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For the year ended 31 October 2019

Dreamtracker Limited

Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Computer

equipment

Land and

buildings

Cost or

valuation

At 01 November 2018

360,500

1,873

Additions

At 31 October 2019

360,500

1,873

362,373

Provision for depreciation and impairment

Charge for year

364

At 31 October 2019

364

At 31 October 2019

Net book value

360,500

1,509

362,009

At 31 October 2018

360,500

3. Trade and other receivables

2018

2019

Called up share capital not paid

Prepayments and accrued income

322

334

Amounts owed by directors

363

360

687

4. Trade and other payables: amounts falling due within one year

2018

2019

Amounts owed to group undertaking and undertaking in which the

company has a participating interest

440,562

Taxation and social security

250

Accruals and deferred income

550

434

441,112

441,246

5. Related party transactions

Du Maurier Limited is an associated company by virtue of common directors and shareholders.

The loan of £440,562 (2018 £440,562) is interest free and repayable upon demand.

During the year the company purchased goods and services in the amount of £12,000 (2018 £12,000) from Du

Maurier Limited.

The Ultimate Controlling Party is Mr. G. D. Facer.

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