Dreamcoat Productions Limited
Statement of financial position
as at 31 December 2017
Cash at bank and in hand
63
121
Creditors: amounts falling due within one year
(2,128)
(122)
Net current liabilities
(2,065)
(1)
Net liabilities
(2,065)
(1)
Called up share capital
2
2
Profit and loss account
(2,067)
(3)
Shareholders' funds
(2,065)
(1)
For the year ending 31 December 2017 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 October 2018.
Joseph Adejuwon Adesunloye
Director
Company Registration No. 07160776
Dreamcoat Productions Limited
Notes to the Accounts
for the year ended 31 December 2017
Dreamcoat Productions Limited is a private company, limited by shares, registered in England and Wales, registration number 07160776. The registered office is 210 LEA BRIDGE ROAD, LONDON, E10 7LN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2017
2016
Loans from directors
1,643
(363)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Joseph Adejuwon Adesunloye
Current Account - no interest, payable on demand
(729)
2,136
-
1,407
Current Account - no interest, payable on demand
366
-
130
236
6
Transactions with related parties
Director Joseph Adesumloye leases a section of his home for company premises - transaction value £600.
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).
