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REGISTERED NUMBER: 05313939 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Dyne Solicitors Limited

Dyne Solicitors Limited (Registered number: 05313939)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 7

Dyne Solicitors Limited

Company Information
for the year ended 30 April 2024







DIRECTORS: J B Dyne
A G Sandland





SECRETARY: A F Dyne





REGISTERED OFFICE: The White House
High Street
Tattenhall
Chester
Cheshire
CH3 9PX





REGISTERED NUMBER: 05313939 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

Dyne Solicitors Limited (Registered number: 05313939)

Balance Sheet
30 April 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 7,035 16,397
Tangible assets 5 7,386 13,834
14,421 30,231

CURRENT ASSETS
Debtors 6 379,253 288,272
Cash at bank 14,778 47
394,031 288,319
CREDITORS
Amounts falling due within one year 7 (326,609 ) (255,892 )
NET CURRENT ASSETS 67,422 32,427
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,843

62,658

CREDITORS
Amounts falling due after more than one year 8 (10,000 ) (62,498 )
NET ASSETS 71,843 160

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 71,733 50
71,843 160

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 20 January 2025 and were signed on its behalf by:





J B Dyne - Director


Dyne Solicitors Limited (Registered number: 05313939)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Dyne Solicitors 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents amounts chargeable to clients for professional services provided during the year, inclusive of direct expenses incurred on client assignments but excluding value added tax. Turnover is recognised when a right to consideration has been obtained through performance under each contract. Consideration accrues as contract activity progresses by reference to the value of work performed.

Turnover is not recognised where the right to receive payment is contingent on events outside the control of the company. Unbilled revenue is included in debtors within accrued income.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Leasehold improvements - Straight line over the term of the lease
Office equipment - 25% straight line
Computer equipment - 25% straight line

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.

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.

Dyne Solicitors Limited (Registered number: 05313939)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

2. ACCOUNTING POLICIES - continued

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.

Share capital
Ordinary shares are classed as equity.

Distributions to equity holders
Dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts.

Operating Leases
Rentals under operating leases are charged to the profit and loss account on a straight line basis over the lease term.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 May 2023
and 30 April 2024 187,218
AMORTISATION
At 1 May 2023 170,821
Charge for year 9,362
At 30 April 2024 180,183
NET BOOK VALUE
At 30 April 2024 7,035
At 30 April 2023 16,397

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 May 2023
and 30 April 2024 113,091
DEPRECIATION
At 1 May 2023 99,257
Charge for year 6,448
At 30 April 2024 105,705
NET BOOK VALUE
At 30 April 2024 7,386
At 30 April 2023 13,834

Dyne Solicitors Limited (Registered number: 05313939)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 217,564 186,040
Other debtors 161,689 102,232
379,253 288,272

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 50,000 85,334
Trade creditors 34,813 13,611
Taxation and social security 172,225 61,927
Other creditors 69,571 95,020
326,609 255,892

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 10,000 60,000
Other creditors - 2,498
10,000 62,498

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Bank overdraft - 25,334

J B Dyne has guaranteed the bank borrowings. There is also a fixed and floating debenture over the assets of the company.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£ £
J B Dyne
Balance outstanding at start of year 47,410 -
Amounts advanced 55,336 47,410
Amounts repaid (92,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,746 47,410

A G Sandland
Balance outstanding at start of year - -
Amounts advanced 107,350 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 107,350 -

Dyne Solicitors Limited (Registered number: 05313939)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

11. ULTIMATE CONTROLLING PARTY

The directors consider there to be no ultimate controlling party.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Dyne Solicitors Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dyne Solicitors Limited for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Dyne Solicitors Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dyne Solicitors Limited and state those matters that we have agreed to state to the Board of Directors of Dyne Solicitors Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dyne Solicitors Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Dyne Solicitors Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dyne Solicitors Limited. You consider that Dyne Solicitors Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dyne Solicitors Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


20 January 2025