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REGISTERED NUMBER: 09935699 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Dynamic Brand Solutions Limited

Dynamic Brand Solutions Limited (Registered number: 09935699)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Dynamic Brand Solutions Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: Mr H J Fain





SECRETARY: Mrs C V Fain





REGISTERED OFFICE: 7 Brook Lane
Asfordby
Melton Mowbray
Leicestershire
LE14 3RT





REGISTERED NUMBER: 09935699 (England and Wales)





ACCOUNTANTS: SRB Associates (Leicestershire) Limited
Pera Business Park
Nottingham Road
Melton Mowbray
Leicestershire
LE13 0PB

Dynamic Brand Solutions Limited (Registered number: 09935699)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46 91

CURRENT ASSETS
Debtors 5 20,783 10,858
Cash at bank 24,724 17,961
45,507 28,819
CREDITORS
Amounts falling due within one year 6 34,758 28,109
NET CURRENT ASSETS 10,749 710
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,795

801

PROVISIONS FOR LIABILITIES 7 9 17
NET ASSETS 10,786 784

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 10,776 774
SHAREHOLDERS' FUNDS 10,786 784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 4 October 2023 and were signed by:




Mr H J Fain - Director


Dynamic Brand Solutions Limited (Registered number: 09935699)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Dynamic Brand Solutions 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts receivable for services provided in the normal course of business, net of trade discounts, VAT and other sales related taxes.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each assets over its expected useful life, as follow:

Office Equipment - 33.3% Straight Line Basis

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.

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 2 (2022 - 2 ) .

Dynamic Brand Solutions Limited (Registered number: 09935699)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2022
and 31 January 2023 136
DEPRECIATION
At 1 February 2022 45
Charge for year 45
At 31 January 2023 90
NET BOOK VALUE
At 31 January 2023 46
At 31 January 2022 91

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 20,132 10,200
Other debtors 651 658
20,783 10,858

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Taxation and social security 21,115 17,007
Other creditors 13,643 11,102
34,758 28,109

7. PROVISIONS FOR LIABILITIES
31.1.23 31.1.22
£    £   
Deferred tax 9 17

Deferred
tax
£   
Balance at 1 February 2022 17
Credit to Income Statement during year (8 )
Balance at 31 January 2023 9

Dynamic Brand Solutions Limited (Registered number: 09935699)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
10 Ordinary £1 10 10

9. RELATED PARTY DISCLOSURES

During the period under review, the company was under the control of Mr H J Fain, the director, who owned 60% of the issued share capital of the company.

Included in creditors is an amount totalling £10,056 (2022 : £8,036), representing a loan by the director to the company. This is repayable on demand and interest free.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr H J Fain.