THE DYNAMO PROJECT C.I.C.

Company limited by guarantee

Company Registration Number:
14422088 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 17 October 2022

End date: 31 October 2023

THE DYNAMO PROJECT C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE DYNAMO PROJECT C.I.C.

Profit And Loss Account

for the Period Ended 31 October 2023

2023


£
Turnover: 123,040
Cost of sales: ( 61,305 )
Gross profit(or loss): 61,735
Administrative expenses: ( 88,884 )
Other operating income: 20,511
Operating profit(or loss): (6,638)
Interest payable and similar charges: ( 32 )
Profit(or loss) before tax: (6,670)
Profit(or loss) for the financial year: (6,670)

THE DYNAMO PROJECT C.I.C.

Balance sheet

As at 31 October 2023

Notes 2023


£
Fixed assets
Tangible assets: 3 2,617
Total fixed assets: 2,617
Current assets
Cash at bank and in hand: 10,644
Total current assets: 10,644
Creditors: amounts falling due within one year: 4 ( 19,931 )
Net current assets (liabilities): (9,287)
Total assets less current liabilities: (6,670)
Total net assets (liabilities): (6,670)
Members' funds
Profit and loss account: (6,670)
Total members' funds: ( 6,670)

The notes form part of these financial statements

THE DYNAMO PROJECT C.I.C.

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

This report was approved by the board of directors on 17 October 2024
and signed on behalf of the board by:

Name: Brendan O'Toole
Status: Director

The notes form part of these financial statements

THE DYNAMO PROJECT C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Plant & Machinery - 25% RB Fixtures & Fittings - 25% RB Computer Equipment - 25% SL

THE DYNAMO PROJECT C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023
    Average number of employees during the period 7

THE DYNAMO PROJECT C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 1,470 1,750 270 3,490
Disposals
Revaluations
Transfers
At 31 October 2023 1,470 1,750 270 3,490
Depreciation
Charge for year 367 438 68 873
On disposals
Other adjustments
At 31 October 2023 367 438 68 873
Net book value
At 31 October 2023 1,103 1,312 202 2,617

THE DYNAMO PROJECT C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Creditors: amounts falling due within one year note

2023
£
Trade creditors 2,896
Taxation and social security 1,586
Accruals and deferred income 1,410
Other creditors 14,039
Total 19,931

COMMUNITY INTEREST ANNUAL REPORT

THE DYNAMO PROJECT C.I.C.

Company Number: 14422088 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

The company has benefited the community during the year by providing various methods of support to aid in individual's recovery goals.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
18 October 2024

And signed on behalf of the board by:
Name: Brendan O'Toole
Status: Director