Micro-entity Accounts - DREAMLUX LTD

09573880 DREAMLUX LTD 2017-05-31 false 2016-06-01 2017-05-31 true 09573880 2016-06-01 2017-05-31 09573880 2017-05-31 09573880 2016-05-31 09573880 uk-gaap-cd-bus:Director1 2016-06-01 2017-05-31 09573880 uk-gaap-cd-bus:Director2 2016-06-01 2017-05-31 09573880 uk-gaap-cd-bus:AllEntityOfficers 2016-06-01 2017-05-31 iso4217:GBP shares

Registered Number 09573880

DREAMLUX LTD

Micro-entity Accounts

31 May 2017

DREAMLUX LTD Registered Number 09573880

Micro-entity Balance Sheet as at 31 May 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	2,531	3,375
		2,531	3,375
Current assets
Debtors		27,565	18,448
Cash at bank and in hand		7,468	72,504
		35,033	90,952
Creditors: amounts falling due within one year		(148,622)	(88,607)
Net current assets (liabilities)		(113,589)	2,345
Total assets less current liabilities		(111,058)	5,720
Total net assets (liabilities)		(111,058)	5,720
Capital and reserves
Called up share capital		3	3
Profit and loss account		(111,061)	5,717
Shareholders' funds		(111,058)	5,720

For the year ending 31 May 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 February 2018

And signed on their behalf by:
Simon Townend, Director

DREAMLUX LTD Registered Number 09573880

Notes to the Micro-entity Accounts for the period ended 31 May 2017

1Tangible fixed assets

	£
Cost
At 1 June 2016	4,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2017	4,500
Depreciation
At 1 June 2016	1,125
Charge for the year	844
On disposals	-
At 31 May 2017	1,969
Net book values
At 31 May 2017	2,531
At 31 May 2016	3,375

2Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.