DREAM AUTO LTD

DREAM AUTO LTD

DREAM AUTO LTD - Company Information

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DREAM AUTO LTD

Company Registration Number:
09311935 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2020

Period of accounts

Start date: 01 December 2019

End date: 30 November 2020

DREAM AUTO LTD

Contents of the Financial Statements

for the Period Ended 30 November 2020

Balance sheet
Notes

DREAM AUTO LTD

Balance sheet

As at 30 November 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 1,443 1,677
Total fixed assets: 1,443 1,677
Current assets
Stocks: 289,276 127,300
Debtors: 4 7,391 4,349
Cash at bank and in hand: 43,640 3,882
Total current assets: 340,307 135,531
Creditors: amounts falling due within one year: 5 (252,608) (99,529)
Net current assets (liabilities): 87,699 36,002
Total assets less current liabilities: 89,142 37,679
Provision for liabilities: (10,300)
Total net assets (liabilities): 78,842 37,679
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 78,841 37,678
Shareholders funds: 78,842 37,679

The notes form part of these financial statements

DREAM AUTO LTD

Balance sheet statements

For the year ending 30 November 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 February 2021
and signed on behalf of the board by:

Name: Vaiva Medinyte
Status: Director

The notes form part of these financial statements

DREAM AUTO LTD

Notes to the Financial Statements

for the Period Ended 30 November 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DREAM AUTO LTD

Notes to the Financial Statements

for the Period Ended 30 November 2020

2. Employees

2020 2019
Average number of employees during the period 3 3

DREAM AUTO LTD

Notes to the Financial Statements

for the Period Ended 30 November 2020

3. Tangible Assets

Total
Cost £
At 01 December 2019 3,550
Additions 126
At 30 November 2020 3,676
Depreciation
At 01 December 2019 1,873
Charge for year 360
At 30 November 2020 2,233
Net book value
At 30 November 2020 1,443
At 30 November 2019 1,677

DREAM AUTO LTD

Notes to the Financial Statements

for the Period Ended 30 November 2020

4. Debtors

2020 2019
££
Debtors due after more than one year: 0 0

DREAM AUTO LTD

Notes to the Financial Statements

for the Period Ended 30 November 2020

5. Creditors: amounts falling due within one year note

Trade Creditors £61371Corporation Tax £7865Proposed dividends £12000Loans from directors £171372