Acorah Software Products - Accounts Production 15.0.500 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 08131297 Mr Samuel Heygate-Browne Morgan Keen Trustees Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08131297 2022-07-31 08131297 2023-07-31 08131297 2022-08-01 2023-07-31 08131297 frs-core:CurrentFinancialInstruments 2023-07-31 08131297 frs-core:Non-currentFinancialInstruments 2023-07-31 08131297 frs-core:FurnitureFittings 2023-07-31 08131297 frs-core:FurnitureFittings 2022-08-01 2023-07-31 08131297 frs-core:FurnitureFittings 2022-07-31 08131297 frs-core:MotorVehicles 2022-08-01 2023-07-31 08131297 frs-core:PlantMachinery 2023-07-31 08131297 frs-core:PlantMachinery 2022-08-01 2023-07-31 08131297 frs-core:PlantMachinery 2022-07-31 08131297 frs-core:ShareCapital 2023-07-31 08131297 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 08131297 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 08131297 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 08131297 frs-bus:SmallEntities 2022-08-01 2023-07-31 08131297 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 08131297 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 08131297 frs-bus:Director1 2022-08-01 2023-07-31 08131297 frs-bus:CompanySecretary1 2022-08-01 2023-07-31 08131297 frs-countries:EnglandWales 2022-08-01 2023-07-31 08131297 2021-07-31 08131297 2022-07-31 08131297 2021-08-01 2022-07-31 08131297 frs-core:CurrentFinancialInstruments 2022-07-31 08131297 frs-core:Non-currentFinancialInstruments 2022-07-31 08131297 frs-core:ShareCapital 2022-07-31 08131297 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 08131297
Dynamical Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
Morgan Keen Limited
70b High Street
Bassingbourn
Royston
SG8 5LF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08131297
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 45,240 22,376
45,240 22,376
CURRENT ASSETS
Debtors 5 14,470 19,428
Cash at bank and in hand - 12,771
14,470 32,199
Creditors: Amounts Falling Due Within One Year 6 (19,431 ) (12,574 )
NET CURRENT ASSETS (LIABILITIES) (4,961 ) 19,625
TOTAL ASSETS LESS CURRENT LIABILITIES 40,279 42,001
Creditors: Amounts Falling Due After More Than One Year 7 (23,739 ) (29,809 )
NET ASSETS 16,540 12,192
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 16,440 12,092
SHAREHOLDERS' FUNDS 16,540 12,192
Page 1
Page 2
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Samuel Heygate-Browne
Director
31/07/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Dynamical Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08131297 . The registered office is 2 Tower Close, Flackwell Heath, Bucks, HP10 9JW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery over 5 years
Motor Vehicles over 5 years
Fixtures & Fittings over 5 years
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 August 2022 41,634 7,518 49,152
Additions 27,458 651 28,109
As at 31 July 2023 69,092 8,169 77,261
Depreciation
As at 1 August 2022 24,911 1,865 26,776
Provided during the period 4,101 1,144 5,245
As at 31 July 2023 29,012 3,009 32,021
Net Book Value
As at 31 July 2023 40,080 5,160 45,240
As at 1 August 2022 16,723 5,653 22,376
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 14,470 19,428
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 4,697 4,894
Bank loans and overdrafts 9,438 -
Other taxes and social security 1,870 4,772
Other creditors 2,907 2,908
Director's loan account 519 -
19,431 12,574
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 23,739 29,809
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4