DYNAMIS ASSOCIATES LTD

Company Registration Number:
11114859 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

DYNAMIS ASSOCIATES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

DYNAMIS ASSOCIATES LTD

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Intangible assets: 3 279,494 248,642
Tangible assets: 4 51,454 71,416
Total fixed assets: 330,948 320,058
Current assets
Stocks: 617,813 137,330
Debtors: 5 2,283,168 1,515,500
Cash at bank and in hand: 346,641 1,040,416
Total current assets: 3,247,622 2,693,246
Creditors: amounts falling due within one year: 6 (1,608,292) (906,948)
Net current assets (liabilities): 1,639,330 1,786,298
Total assets less current liabilities: 1,970,278 2,106,356
Creditors: amounts falling due after more than one year: 7 (17,824) (22,292)
Total net assets (liabilities): 1,952,454 2,084,064
Capital and reserves
Called up share capital: 4,297 3,683
Share premium account: 5,989,105 4,474,741
Profit and loss account: (4,040,948) (2,394,360)
Shareholders funds: 1,952,454 2,084,064

The notes form part of these financial statements

DYNAMIS ASSOCIATES LTD

Balance sheet statements

For the year ending 31 December 2022 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 September 2023
and signed on behalf of the board by:

Name: Martin Smith
Status: Director

The notes form part of these financial statements

DYNAMIS ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DYNAMIS ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 29 24

DYNAMIS ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
At 01 January 2022 248,808
Additions 31,350
At 31 December 2022 280,158
Amortisation
At 01 January 2022 166
Charge for year 498
At 31 December 2022 664
Net book value
At 31 December 2022 279,494
At 31 December 2021 248,642

DYNAMIS ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
At 01 January 2022 101,360
Additions 7,025
Disposals (4,350)
At 31 December 2022 104,035
Depreciation
At 01 January 2022 29,944
Charge for year 24,232
On disposals (1,595)
At 31 December 2022 52,581
Net book value
At 31 December 2022 51,454
At 31 December 2021 71,416

DYNAMIS ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Debtors

2022 2021
££
Debtors due after more than one year: 0 0

DYNAMIS ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due within one year note

2022Trade creditors 439,902Bank loans and overdrafts 2,778Other taxes and social security 36,160Other creditors 737PAYE payable 92,554Accruals and deferred income 826,790Pension payable 409Deferred tax current liability 81,462Loan Note <1 year 127,5001,608,292

DYNAMIS ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Creditors: amounts falling due after more than one year note

Bounce back loan 17,824

DYNAMIS ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

8. Post balance sheet events

Subsequent to the balance sheet date, on 3 July 2023 the Company acquired the entire share capital of PNZ Carbon Limited (formerly Arctica Partners Limited). PNZ Carbon has the only approved project methodology (globally) for domestic carbon credit creation and will make the Company the only company able to create carbon credits with a measurable and verifiable environmental and social impact in the UK. The purchase price for Arctica Partners is confidential.