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REGISTERED NUMBER: 03620947 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Dynamic Research Limited

Dynamic Research Limited (Registered number: 03620947)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Dynamic Research Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: Ms M C Wardle





SECRETARY: P S Moran





REGISTERED OFFICE: Suite 2 Victoria House
South Street
Farnham
Surrey
GU9 7QU





REGISTERED NUMBER: 03620947 (England and Wales)





ACCOUNTANTS: Branston Adams
Suite 2, Victoria House
South Street
Farnham
Surrey
GU9 7QU

Dynamic Research Limited (Registered number: 03620947)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 18,445 21,216
Tangible assets 5 1,103 348
19,548 21,564

CURRENT ASSETS
Debtors 6 9,379 22,496
Cash at bank 94,407 108,246
103,786 130,742
CREDITORS
Amounts falling due within one year 7 20,856 39,103
NET CURRENT ASSETS 82,930 91,639
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,478

113,203

PROVISIONS FOR LIABILITIES 210 66
NET ASSETS 102,268 113,137

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 102,266 113,135
102,268 113,137

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 8 April 2024 and were signed by:





Ms M C Wardle - Director


Dynamic Research Limited (Registered number: 03620947)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Dynamic Research 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 is derived from the ordinary activities of the business and is shown net of value added tax and discounts.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

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 1 (2022 - 1 ) .

Dynamic Research Limited (Registered number: 03620947)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 October 2022
and 30 September 2023 34,711
AMORTISATION
At 1 October 2022 13,495
Amortisation for year 2,771
At 30 September 2023 16,266
NET BOOK VALUE
At 30 September 2023 18,445
At 30 September 2022 21,216

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2022 4,769
Additions 1,123
At 30 September 2023 5,892
DEPRECIATION
At 1 October 2022 4,421
Charge for year 368
At 30 September 2023 4,789
NET BOOK VALUE
At 30 September 2023 1,103
At 30 September 2022 348

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 9,214 16,056
Other debtors 165 6,440
9,379 22,496

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Taxation and social security 5,329 9,745
Other creditors 15,527 29,358
20,856 39,103