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REGISTERED NUMBER: 01451585 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

DYNASHAPE LIMITED

DYNASHAPE LIMITED (REGISTERED NUMBER: 01451585)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DYNASHAPE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: G W Knight
C S Parkes





REGISTERED OFFICE: Addison Buillding
Attwood Street
Lye
Stourbridge
West Midlands
DY9 8RU





REGISTERED NUMBER: 01451585 (England and Wales)





ACCOUNTANTS: Copia Wealth & Tax Limited
Chartered Accountants
8 Pendeford Place
Pendeford Business Park
Wobaston Road
Wolverhampton
WV9 5HD

DYNASHAPE LIMITED (REGISTERED NUMBER: 01451585)

BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,216 -

CURRENT ASSETS
Stocks 5 219,815 -
Debtors 6 675,087 506,015
Cash at bank and in hand 9,186 775
904,088 506,790
CREDITORS
Amounts falling due within one year 7 1,031,203 655,049
NET CURRENT LIABILITIES (127,115 ) (148,259 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(122,899

)

(148,259

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (122,999 ) (148,359 )
SHAREHOLDERS' FUNDS (122,899 ) (148,259 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 13 September 2018 and were signed on its behalf
by:





G W Knight - Director


DYNASHAPE LIMITED (REGISTERED NUMBER: 01451585)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

Dynashape Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - at varying rates on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2017 - 16 ) .

DYNASHAPE LIMITED (REGISTERED NUMBER: 01451585)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
Additions 4,614
At 31 March 2018 4,614
DEPRECIATION
Charge for year 398
At 31 March 2018 398
NET BOOK VALUE
At 31 March 2018 4,216

5. STOCKS
2018 2017
£    £   
Stocks 219,815 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 323,008 308,154
Amounts owed by group undertakings 345,461 197,861
Other debtors 3,840 -
Prepayments 2,778 -
675,087 506,015

Included within trade debtors are amounts that are held under a sales invoice finance agreement.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 221,814 25,686
Amounts owed to group undertakings 558,480 370,330
Social security and other taxes 68,911 34,567
Amount due to invoice discounter 179,748 213,589
Directors' current accounts 400 -
Accrued expenses 1,850 10,877
1,031,203 655,049

DYNASHAPE LIMITED (REGISTERED NUMBER: 01451585)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2018 2017
£    £   
Within one year 14,352 -
Between one and five years 25,116 -
39,468 -

9. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Due to invoice discounter 179,748 213,589

Amounts due to the invoice discounter are secured over the book debts of the company.

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in UK and Republic of Ireland', not to disclose related party
transactions with wholly owned subsidiaries with the group.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Solutions Work Limited..

The ultimate controlling party is G W Knight.

The ultimate parent company is Saw Mart Limited.