Caseware UK (AP4) 2021.0.152 2021.0.152 2022-11-302022-11-30false1true2022-02-01holding company1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10563142 2022-02-01 2022-11-30 10563142 2021-02-01 2022-01-31 10563142 2022-11-30 10563142 2022-01-31 10563142 c:Director1 2022-02-01 2022-11-30 10563142 d:CurrentFinancialInstruments 2022-11-30 10563142 d:CurrentFinancialInstruments 2022-01-31 10563142 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 10563142 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 10563142 d:ShareCapital 2022-11-30 10563142 d:ShareCapital 2022-01-31 10563142 d:RetainedEarningsAccumulatedLosses 2022-11-30 10563142 d:RetainedEarningsAccumulatedLosses 2022-01-31 10563142 d:FinancialLiabilitiesFairValueThroughProfitOrLoss d:ListedExchangeTraded 2022-11-30 10563142 d:FinancialLiabilitiesFairValueThroughProfitOrLoss d:ListedExchangeTraded 2022-01-31 10563142 c:FRS102 2022-02-01 2022-11-30 10563142 c:AuditExempt-NoAccountantsReport 2022-02-01 2022-11-30 10563142 c:FullAccounts 2022-02-01 2022-11-30 10563142 c:PrivateLimitedCompanyLtd 2022-02-01 2022-11-30 10563142 6 2022-02-01 2022-11-30 iso4217:GBP xbrli:pure

Registered number:  10563142














DYNAMIX CORPORATION LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2022


 
DYNAMIX CORPORATION LIMITED
REGISTERED NUMBER: 10563142

BALANCE SHEET
AS AT 30 NOVEMBER 2022

30 November
31 January
2022
2022
Note
£
£

Fixed assets
  

Investments
 4 
102
102

  
102
102

Current assets
  

Debtors
  
790,045
347,444

  
790,045
347,444

Creditors: amounts falling due within one year
 5 
(789,047)
(347,446)

Net current assets/(liabilities)
  
 
 
998
 
 
(2)

Total assets less current liabilities
  
1,100
100

  

Net assets
  
1,100
100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,000
-

  
1,100
100


Page 1

 
DYNAMIX CORPORATION LIMITED
REGISTERED NUMBER: 10563142
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2022

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




G Williams
Director

Date: 24 January 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
DYNAMIX CORPORATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2022

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England and Wales (no. 10563142). The address of the registered office is The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ.
These financial statements present information about the company as an individual undertaking. The principal activity is that of a holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3

 
DYNAMIX CORPORATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2022

2.Accounting policies (continued)

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each Balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2022 - 1).


4.


Fixed asset investments








Investments in subsidiary companies

£



Cost or valuation


At 1 February 2022
102



At 30 November 2022
102




Page 4

 
DYNAMIX CORPORATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2022

5.


Creditors: Amounts falling due within one year

30 November
31 January
2022
2022
£
£

Other creditors
789,047
347,446

789,047
347,446



6.


Financial instruments

30 November
31 January
2022
2022
£
£

Financial assets


Financial assets measured at amortised cost
790,045
347,444


Financial liabilities


Financial liabilities measured at amortised cost
789,047
347,446


Financial assets measured at amortised cost comprise of other debtors.


Financial liabilities measured at amortised cost comprise of other creditors.

Page 5

 
DYNAMIX CORPORATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2022

7.


Related party transactions

Included in other debtors and other creditors are the following balances (to) / from related parties:


30 November
31 January
2022
2022
£
£

People Dynamix Limited
790,044
347,444
G Williams
(536,548)
(94,947)
J Williams
(252,496)
(252,496)

During the year the company received management fees amounting to £84,568 (2021: £53,086) from its subsidiary, People Dynamix Limited.
G Williams is a director.
J Williams is a member of the key management personnel of People Dynamix Limited.


8.


Controlling party

The controlling party is Gareth and Jill Williams.

 
Page 6