Right To Dream Limited in London, W1D 5EU

Description

Data updated on: 01-11-2023

Right To Dream Limited has been prospering in the UK for 9 years. Registered with number 09914944 in 2015, it have office at 130 Shaftesbury Avenue, London W1D 5EU. This company known today as Right To Dream Limited, was previously listed as The Pathways Group. The change has taken place in 2017-06-16. This company's registered with SIC code 82990: Other business support service activities not elsewhere classified. Right To Dream Ltd released its latest accounts for the financial year up to December 31, 2022. Its most recent confirmation statement was filed on December 13, 2022.

As the data suggests, this specific company was established in 2015-12-14 and has so far been steered by ten directors, out of whom six (Mohamed M., Kashif S., Lotfy M. and 3 others listed below) are still a part of the company.

Mohamed M. is the individual with significant control over this firm, owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Previous company's names
Right To Dream Limited 2017-06-16
The Pathways Group Limited 2015-12-14

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	366 876	88 573	244 851	131 140	3 240 114
Current Assets	2 375 942	2 311 959	8 862 324	7 568 851	7 207 752
Debtors	2 009 066	2 223 386	8 617 473	7 437 711	7 207 752
Net Assets Liabilities	-1 413 037	169 172	2 204 882	3 530 014	2 954 106
Other Debtors	1 194	42 951	1 857 181	180 762	258 806
Total Inventories	99 472	98 696	70 562	74 789	99 311

Other Financial Data
Estimated Money Value Benefits In Kind For Audit Services			16 460	21 000	23 250
Estimated Money Value Benefits In Kind For Non-audit Services			18 320	23 155	10 235
Taxation Compliance Services Fees			4 075	5 100
Accumulated Amortisation Impairment Intangible Assets	271 296	361 729	452 162	542 595	633 028
Accumulated Depreciation Impairment Property Plant Equipment	1 821 436	1 228 351	1 568 068	1 617 228	2 300 107
Additions Other Than Through Business Combinations Intangible Assets		1 449 165		102 396	3 597 854
Additions Other Than Through Business Combinations Property Plant Equipment		878 476		899 735	1 620 675
Administration Support Average Number Employees	10	10	8	36	27
Administrative Expenses	12 651 623	13 186 058	13 173 533	16 542 209	22 040 339
Amortisation Expense Intangible Assets	1 591 554	1 649 362	1 773 950	1 593 052	2 034 468
Amounts Owed By Related Parties	1 890 000	2 190 000	6 687 875	6 743 973	6 898 953
Amounts Owed To Related Parties	2 007 711	620 130	7 951 162	5 574 944	5 748 143
Applicable Tax Rate		19		19	19
Average Number Employees During Period	101	107	114	143	174
Balances With Banks	366 876	88 573	244 851	131 140	3 240 114
Cash Cash Equivalents Cash Flow Value	2 719 408	175 906	2 622 969	3 003 039
Cash Receipts From Sales Interests In Joint Ventures Associates Participating Interests				-21 662
Comprehensive Income Expense	-674 774	1 582 209	-519 290	-769 502	-12 147 646
Comprehensive Income Expense Attributable To Non-controlling Interests	27 788	59 073	31 240	74 303	-120 525
Comprehensive Income Expense Attributable To Owners Parent	5 649	2 510 312	-199 890	714 193	-12 147 646
Corporation Tax Recoverable			36 668		2 955
Cost Sales	3 846 852	5 451 133	9 351 645	6 659 058	7 818 009
Creditors	3 339 814	1 763 904	47 850	6 304 502	4 864 477
Current Tax For Period		104 868	-36 668
Deferred Income	264 183	116 918	292 266	203 198	222 342
Deferred Tax Asset Debtors	43 749	33 386	35 749	47 038	47 038
Deferred Tax Assets	43 749	33 386		47 038	47 038
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	49 568	73 094
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	225 824	53 691	-219 633	-97 826	-1 369 457
Deferred Tax Liabilities			35 749	-62 026	-126 317
Depreciation Amortisation Expense	1 714 201	1 844 941	2 042 215	1 778 195	2 631 557
Depreciation Expense Property Plant Equipment	122 647	195 580	268 265	185 143	597 089
Disposals Decrease In Amortisation Impairment Intangible Assets		-503 315		-701 266	-419 662
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-826 046		-33 466
Disposals Intangible Assets		-806 855		-701 266	-612 161
Disposals Property Plant Equipment		-834 245		-33 466
Dividends Paid Classified As Financing Activities		-300 592
Financial Liabilities	3 339 814	1 763 904	211 940	628 340	660 857
Fixed Assets	2 038 000	1 947 567	1 857 134	1 766 801	1 676 368
Foreign Exchange Differences Increase Decrease In Amortisation Impairment Intangible Assets		-171 795		-543 932	60 785
Foreign Exchange Differences Increase Decrease In Depreciation Impairment Property Plant Equipment		37 381		-102 517	85 790
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	-448 407	-99 142	-4 590 612	-275 826	-487 232
Future Minimum Lease Payments Under Non-cancellable Operating Leases	16 007	18 442	309 686	228 207	240 908
Gain Loss Due To Foreign Exchange Differences Net Tax In Other Comprehensive Income	479 852	124 057	88 840	-263 891	149 564
Gain Loss From Fair Value Adjustment Investment Property Recognised In Profit Or Loss				-6 007
Gain Loss From Sales Investment Properties Recognised In Profit Or Loss				6 007
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	276 862	565 280	-4 783 952	160 984	3 845 488
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	398 540	5 878 881	7 547 431	2 816 680	-7 985 865
Gain Loss In Cash Flows From Change In Inventories	-25 530	-776	-28 134	4 227	24 522
Gain Loss On Disposals Intangible Assets					-185 328
Gain Loss On Disposals Property Plant Equipment		-311 738	-152 023
Gain Loss On Financial Assets Liabilities Fair Value Through Profit Or Loss				-1 905 367
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss	17 694	-377 069	400 841	-242 927	459 048
Gross Profit Loss	12 965 436	16 631 071	13 877 821	18 571 108	8 170 979
Income Taxes Paid Refund Classified As Operating Activities			673 014	564 839	870 239
Increase Decrease From Foreign Exchange Differences Intangible Assets		-108 481		-645 540	113 122
Increase Decrease From Foreign Exchange Differences Property Plant Equipment		-43 698		-144 272	155 362
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	824 996	-2 543 502	2 447 063	380 070	237 075
Increase Decrease In Cash Cash Equivalents From Foreign Exchange Differences	17 694	141 822	-54 220	-555 175	-49 009
Increase Decrease In Current Tax From Adjustment For Prior Periods	278 631	594 310	593 364	872 033
Increase Decrease In Current Tax From Unrecognised Tax Loss Or Credit	-21 302	43 328
Increase Decrease In Current Tax From Unrecognised Timing Difference From Prior Period			56 272	87 765	1 287 223
Increase From Amortisation Charge For Year Intangible Assets		90 433		90 433	90 433
Increase From Depreciation Charge For Year Property Plant Equipment		195 580		185 143	597 089
Intangible Assets	633 035	542 602	452 169	361 736	271 303
Intangible Assets Gross Cost	904 331	904 331	904 331	904 331	904 331
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	1 904	835	45 989	123 574	99 986
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss	255 813	248 590	582 161	81 422	38 011
Interest Income On Bank Deposits	1 086	1 397	2 103	2 245	219 749
Interest Paid Classified As Financing Activities	-105 989	-249 425	-628 151	-204 996	-137 997
Interest Paid Classified As Operating Activities	460 795	249 425	628 151	204 996	137 997
Interest Payable Similar Charges Finance Costs	257 717	249 425	628 150	204 996	137 997
Interest Received Classified As Investing Activities			3 435	2 691	220 165
Interest Received Classified As Operating Activities	858	2 609	3 435	2 691	220 165
Investments Fixed Assets	1 404 965	1 404 965	1 404 965	1 405 065	1 405 065
Investments In Associates			4 261	10 267	10 267
Investments In Subsidiaries	1 404 965	1 404 965	1 404 965	1 405 065	1 405 065
Issue Equity Instruments			2 555 000	4 000 001	6 000 000
Key Management Personnel Compensation Post-employment Benefits			18 344	24 900	38 644
Key Management Personnel Compensation Short-term Employee Benefits			215 990	437 589	422 324
Key Management Personnel Compensation Total			234 334	462 489	460 968
Minimum Operating Lease Payments Recognised As Expense	398 952	382 926	387 434	341 142
Net Cash Flows From Used In Financing Activities	-553 538	-646 550	3 911 825	3 380 022	5 393 160
Net Cash Flows From Used In Investing Activities	-775 190	-2 327 641	-900 710	-1 021 102	-4 991 193
Net Cash Flows From Used In Operating Activities	2 153 724	430 689	-564 052	-1 978 850	-164 892
Net Cash Generated From Operations			108 962	-1 319 378	705 347
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	2 249 872	5 743 514	2 844 307	1 340 545	-11 101 484
Net Current Assets Liabilities	-111 223	-14 491	395 598	1 763 213	1 277 738
Nominal Value Allotted Share Capital	1 000	1 000	4 584	4 584	4 584
Number Shares Issued Fully Paid	10 000	10 000	45 837	45 839	45 842
Operating Profit Loss	313 813	3 445 013	704 288	123 532	-13 869 360
Other Comprehensive Income Expense Net Tax	479 852	124 057	88 840	-263 891	149 564
Other Creditors	71 573	1 528 896	268 976	94 633	262 373
Other Departments Average Number Employees	55	59	62	22	50
Other Finance Income	858	1 212	1 332	446	416
Other Interest Receivable Similar Income Finance Income	1 944	2 609	3 435	2 691	220 165
Other Inventories	99 472	98 696	70 562	74 789	99 311
Other Payables Accrued Expenses	42 850	48 250	43 390	22 900	70 520
Ownership Interest In Subsidiary Percent	97	97	97	100	100
Par Value Share		0		0	0
Payments Finance Lease Liabilities Classified As Financing Activities				-139 146	-94 692
Payments To Acquire Interests In Joint Ventures Associates Participating Interests Classified As Investing Activities	-4 846
Payments To Redeem Own Shares	858	2 609
Pension Costs Defined Contribution Plan	140 653	126 745	130 413	144 813	189 682
Prepayments	88 797	140 250	277 951	165 938	275 587
Proceeds From Finance Leases Classified As Financing Activities					113 081
Proceeds From Issuing Shares			2 555 000	4 000 000	6 000 000
Proceeds From Sales Intangible Assets					7 171
Proceeds From Sales Investment Properties				-21 662
Production Average Number Employees	36	38	44	85	97
Profit Loss	-674 774	1 582 209	-519 290	-2 674 869	-6 481 274
Profit Loss Attributable To Non-controlling Interests	27 788	59 073	31 240	74 303	-120 525
Profit Loss Attributable To Owners Parent	-474 203	2 386 255	-288 730	978 084	-12 297 210
Profit Loss On Ordinary Activities Before Tax	58 040	3 198 197	79 573	1 826 594	-13 787 192
Property Plant Equipment Gross Cost	2 021 082	2 021 615	2 206 747	2 928 744	4 704 781
Provisions For Liabilities Balance Sheet Subtotal	224 851	278 542	58 908	62 026	126 318
Purchase Intangible Assets	-669 528	-1 449 165	-817 228	-102 396	-3 597 854
Purchase Property Plant Equipment	-100 816	-878 476	-86 917	-899 735	-1 620 675
Social Security Costs	29 135	27 512	30 879	59 985	113 253
Staff Costs Employee Benefits Expense	8 460 287	7 531 044	8 103 353	10 216 032	13 215 458
Taxation Social Security Payable	100 848	24 306	1 436 388		18 252
Tax Decrease From Utilisation Tax Losses	446 171	-274 631	303 141	42 529	1 103 164
Tax Expense Credit Applicable Tax Rate	11 028	607 657	15 119	347 053	-2 619 566
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	24 034	293 058	198 165	651 760	336 374
Tax Increase Decrease From Other Short-term Timing Differences			-219 634	-97 826	-1 369 457
Tax Increase Decrease From Other Tax Effects Tax Reconciliation	-5 044	10 363	-16 000	-257 074	-107 195
Tax Tax Credit On Profit Or Loss On Ordinary Activities	504 455	752 869	337 063	774 207	-1 369 457
Total Assets Less Current Liabilities	1 926 777	1 933 076	2 252 732	3 530 014	9 963 722
Total Borrowings		447 280	6 648 213	5 436 870	4 090 539
Total Current Tax Expense Credit	278 631	699 178	556 696	872 033
Trade Creditors Trade Payables	292 977	1 332 884	5 741 178	4 596	111 351
Trade Debtors Trade Receivables	74 123	9 630 010	14 597 618	300 000	9 514 736
Turnover Revenue	1 044 857	1 066 244	334 679	300 000	203 198
Wages Salaries	8 290 499	7 376 787	7 942 061	10 011 234	12 912 523
Director Remuneration	31 214	22 857	42 275