Dreams and Drapes Limited
Notes to the Financial Statements
For the Year Ended 30 September 2022
The company is a non trading private company limited by shares, registered in England and Wales and domiciled in the United Kingdom. The address of the registered office is 3 Portman Business Park, Lisburn, BT28 2XF.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
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Financial Reporting Standard 102 - reduced disclosure exemptions
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The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d).
This information is included in the consolidated financial statements of John Hogg & Co, Limited as at 30 September 2022 and these financial statements may be obtained from Companies House, Second Floor, The Linenhall, 32-38 Linenhall Street, Belfast, BT2 8BG.
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Amounts owed by group undertakings
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Allotted, called up and fully paid
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2 (2021 - 2) Ordinary shares of £1.00 each
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Related party transactions
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The company has taken advantage of the exemption in FRS 102 Section 33 "Related party disclosures" from disclosing transactions with related parties that are wholly owned by John Hogg & Co, Limited, for which consolidated financial statements are publicly available.
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