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REGISTERED NUMBER: 10063829 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

Dymak Limited

Dymak Limited (Registered number: 10063829)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Dymak Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: C J Bogelund
K Kristiansen





REGISTERED OFFICE: Fifth Floor
27 Greville Street
London
EC1N 8SU





REGISTERED NUMBER: 10063829 (England and Wales)





AUDITORS: Krogh & Partners Limited, (Statutory Auditor)
823 Salisbury House
29 Finsbury Circus
London
EC2M 5QQ

Dymak Limited (Registered number: 10063829)

Balance Sheet
30 June 2024

2024 2023
Notes €    €   
CURRENT ASSETS
Stocks 124,028 73,468
Debtors 4 395,078 275,768
Cash at bank 61,430 747
580,536 349,983
CREDITORS
Amounts falling due within one year 5 668,532 334,943
NET CURRENT (LIABILITIES)/ASSETS (87,996 ) 15,040
TOTAL ASSETS LESS CURRENT
LIABILITIES

(87,996

)

15,040

CAPITAL AND RESERVES
Called up share capital 6 11,225 11,225
Retained earnings (99,221 ) 3,815
SHAREHOLDERS' FUNDS (87,996 ) 15,040

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 15 August 2024 and were signed on its behalf by:




C J Bogelund - Director



K Kristiansen - Director


Dymak Limited (Registered number: 10063829)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Dymak 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.

Going Concern
The financial statements are prepared on a going concern basis assuming the continued financial support of the parent company. The parent company has confirmed that it will maintain financial support for the foreseeable future to enable the company to continue normal trading operations.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Debtors
Debtors are valued individually and provisions are made according to this valuation.

Creditors
Creditors are carried at payment or settlement amounts. Where the time value of money is material, creditors are carried at amortized cost.

Dymak Limited (Registered number: 10063829)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
€    €   
Trade debtors 71,036 158,424
Amounts owed by group undertakings 290,025 117,344
Other debtors 17 -
Deferred tax asset 34,000 -
395,078 275,768

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
€    €   
Trade creditors 1,207 1,130
Amounts owed to group undertakings 626,087 65,921
Tax - 12,974
Social security and other taxes 1,837 3,368
VAT 31,394 193,645
Other creditors 517 463
Accrued expenses 7,490 57,442
668,532 334,943

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: €    €   
10,000 Ordinary 1 GBP 11,225 11,225

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John Lindegaard (Senior Statutory Auditor)
for and on behalf of Krogh & Partners Limited, (Statutory Auditor)

8. ULTIMATE CONTROLLING PARTY

The immediate parent undertaking is Dymak A/S, a company incorporated and registered in Denmark.

Dymak A/S prepares group financial statements and copies can be obtained from:

Dymak A/S
Holkebjergvej 120, Højme
5250 Odense SV
Denmark