REGISTERED NUMBER: |
Dynamic Messaging Limited |
Financial Statements |
for the Year Ended 30 June 2023 |
REGISTERED NUMBER: |
Dynamic Messaging Limited |
Financial Statements |
for the Year Ended 30 June 2023 |
Dynamic Messaging Limited (Registered number: 07716032) |
Contents of the Financial Statements |
for the year ended 30 June 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Dynamic Messaging Limited |
Company Information |
for the year ended 30 June 2023 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
New Derwent House |
69-73 Theobalds Road |
London |
WC1X 8TA |
Dynamic Messaging Limited (Registered number: 07716032) |
Balance Sheet |
30 June 2023 |
2023 | 2022 |
Notes | £ | £ |
Current assets |
Debtors | 4 |
Cash at bank |
Creditors |
Amounts falling due within one year | 5 |
Net current assets |
Total assets less current liabilities |
Capital and reserves |
Called up share capital | 6 |
Capital redemption reserve | 7 |
Retained earnings | 7 |
Shareholders' funds |
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. |
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 and authorised for issue on |
Dynamic Messaging Limited (Registered number: 07716032) |
Notes to the Financial Statements |
for the year ended 30 June 2023 |
1. | Statutory information |
Dynamic Messaging Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 07716032 and registered office address is Jack Straw's Castle, 12 North End Way, London, England, NW3 7ES. |
2. | Accounting policies |
Basis of preparing the financial statements |
Turnover |
Turnover represents amounts receivable for services provided in the year and is stated net of VAT. |
Going concern |
The company is dependent on the continued support of the shareholder who has indicated his intention to provide sufficient financial support to enable the company to meets its financial obligations as they fall due. The directors therefore consider it appropriate to prepare the financial statements on a going concern basis. |
Financial instruments |
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument. |
Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due. |
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management. |
Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. |
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 |
4. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade debtors |
VAT |
Dynamic Messaging Limited (Registered number: 07716032) |
Notes to the Financial Statements - continued |
for the year ended 30 June 2023 |
5. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade creditors |
Tax |
Social security and other taxes |
Accrued expenses |
6. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 60 | 60 |
7. | Reserves |
Capital |
Retained | redemption |
earnings | reserve | Totals |
£ | £ | £ |
At 1 July 2022 | 236,504 |
Profit for the year |
Dividends | ( |
) | ( |
) |
Prior year adjustment | 44,500 | - | 44,500 |
At 30 June 2023 | 559,921 |