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REGISTERED NUMBER: 08152058 (England and Wales)















DYNAMIC PROPERTY INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2024






DYNAMIC PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 08152058)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


DYNAMIC PROPERTY INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr N.J. Claydon
Mr P.M. Ager





REGISTERED OFFICE: Unit 18 Peartree Business Centre
Peartree Road
Stanway
Colchester
Essex
CO3 0JN





REGISTERED NUMBER: 08152058 (England and Wales)

DYNAMIC PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 08152058)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investment property 4 250,000 821,808

CURRENT ASSETS
Work in progress 130,326 479,746
Debtors 5 7,556 2,291
Cash at bank 278,349 32,268
416,231 514,305
CREDITORS
Amounts falling due within one year 6 (27,217 ) (630,089 )
NET CURRENT ASSETS/(LIABILITIES) 389,014 (115,784 )
TOTAL ASSETS LESS CURRENT LIABILITIES 639,014 706,024

CREDITORS
Amounts falling due after more than one
year

7

(130,173

)

(140,173

)

PROVISIONS FOR LIABILITIES (8,468 ) (14,333 )
NET ASSETS 500,373 551,518

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 10 62,402 62,402
Retained earnings 437,871 489,016
500,373 551,518

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

DYNAMIC PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 08152058)

BALANCE SHEET - continued
31 MARCH 2024


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 Board of Directors and authorised for issue on 1 August 2024 and were signed on its behalf by:





Mr N.J. Claydon - Director


DYNAMIC PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 08152058)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Dynamic Property Investments 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.

For the purposes of presentation the financial statements have been rounded to the nearest Pound Sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small
Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and
Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the
historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is recognised on legal completion of the sale of a property.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement.

Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of
activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in
the valuation of work in progress.

Financial instruments
Basic financial instruments are recognised at amortised cost.

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.


DYNAMIC PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 08152058)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 821,808
Disposals (571,808 )
At 31 March 2024 250,000
NET BOOK VALUE
At 31 March 2024 250,000
At 31 March 2023 821,808

The investment properties were valued on an open market basis on 31 March 2024 by the directors. The historical cost was £173,265 (2023: £745,073).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,829 358
Prepayments 3,727 1,933
7,556 2,291

DYNAMIC PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 08152058)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loan 10,000 10,000
Trade creditors 7,145 239
Amounts owed to related undertakings - 200,000
Corporation tax 7,081 9,168
Other creditors - 200,000
Directors' loan accounts 624 201,182
Accruals and deferred income 2,367 9,500
27,217 630,089

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years by installments 2,500 12,500
Bank loans - more than 5 years
interest only 117,673 117,673
130,173 140,173

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans - more than 5 years
interest only 117,673 117,673
117,673 117,673

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year - 2,390
Between one and five years - 1,195
- 3,585

DYNAMIC PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 08152058)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 140,173 150,173

Bank loans are secured over properties included in work in progress and investment property.

The directors have personally guaranteed a loan of £350,000.

10. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 62,402