Dynamic Testing Solutions Ltd Filleted Accounts Cover
Dynamic Testing Solutions Ltd
Company No. 05090926
Information for Filing with The Registrar
30 April 2024
Dynamic Testing Solutions Ltd Directors Report Registrar
The Director presents his report and the accounts for the year ended 30 April 2024.
Principal activities
The principal activity of the company during the year under review was automated test engineers.
Director
The Director who served at any time during the year was as follows:
C. Hibbert
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
C. Hibbert
Director
08 January 2025
Dynamic Testing Solutions Ltd Balance Sheet Registrar
at
30 April 2024
Company No.
05090926
Notes
2024
2023
£
£
Fixed assets
Tangible assets
4
290,425291,594
290,425291,594
Current assets
Stocks
5
21,13818,050
Debtors
6
25,50847,880
Investments
7
431,082321,494
Cash at bank and in hand
48,68597,938
526,413485,362
Creditors: Amount falling due within one year
8
(207,025)
(205,176)
Net current assets
319,388280,186
Total assets less current liabilities
609,813571,780
Net assets
609,813571,780
Capital and reserves
Called up share capital
150150
Profit and loss account
10
609,663571,630
Total equity
609,813571,780
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 April 2024 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 08 January 2025 and signed on its behalf by:
C. Hibbert
Director
08 January 2025
Dynamic Testing Solutions Ltd Notes to the Accounts Registrar
for the year ended 30 April 2024
1
General information
Dynamic Testing Solutions Ltd is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 05090926
Its registered office is:
Applegarth
Wantage Road
Streatley
Reading
RG8 9LD
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Freehold buildings
% in accordance with property
Plant and machinery
50% on cost
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Stocks
Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
22
4
Tangible fixed assets
Land and buildings
Plant and machinery
Fixtures, fittings and equipment
Total
£
£
£
£
Cost or revaluation
At 1 May 2023
307,81654,5816,835369,232
Additions
--2,2452,245
At 30 April 2024
307,81654,5819,080371,477
Depreciation
At 1 May 2023
16,39254,5816,66477,637
Charge for the year
3,415--3,415
At 30 April 2024
19,80754,5816,66481,052
Net book values
At 30 April 2024
288,009-2,416290,425
At 30 April 2023
291,424
-
171
291,594
5
Stocks
2024
2023
£
£
Work in progress
21,13818,050
21,13818,050
6
Debtors
2024
2023
£
£
Trade debtors
25,50847,880
25,50847,880
7
Current asset investments
2024
2023
£
£
Unlisted investments
431,082321,494
431,082321,494
8
Creditors:
amounts falling due within one year
2024
2023
£
£
Trade creditors
1,420566
Taxes and social security
57,123
56,125
Loans from directors
-3
Other creditors
144,781144,781
Accruals and deferred income
3,7013,701
207,025205,176
9
Share Capital
150 Ordinary A and C Shares
10
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
11
Dividends
2024
2023
£
£
Dividends for the period:
Dividends paid in the period
110,652
82,205
110,652
82,205
Dividends by type:
Equity dividends
110,65282,205
110,652
82,205
Dynamic Testing Solutions Ltd0509092630 April 202401 May 2023false08 January 2025BTCSoftware AP Solution 2024 11.2.0111.2.01true050909262023-05-012024-04-30050909262024-04-30050909262023-04-3005090926core:WithinOneYear2024-04-3005090926core:WithinOneYear2023-04-3005090926core:ShareCapital2024-04-3005090926core:ShareCapital2023-04-3005090926core:RetainedEarningsAccumulatedLosses2024-04-3005090926core:RetainedEarningsAccumulatedLosses2023-04-3005090926countries:UnitedKingdom2023-05-012024-04-3005090926bus:RegisteredOffice2023-05-012024-04-3005090926core:OwnedOrFreeholdAssetscore:LandBuildings2023-05-012024-04-3005090926core:PlantMachinery2023-05-012024-04-30050909262022-05-012023-04-3005090926core:LandBuildings2023-05-0105090926core:PlantMachinery2023-05-0105090926core:FurnitureFittingsToolsEquipment2023-05-01050909262023-05-0105090926core:LandBuildings2023-05-012024-04-3005090926core:FurnitureFittingsToolsEquipment2023-05-012024-04-3005090926core:LandBuildings2024-04-3005090926core:PlantMachinery2024-04-3005090926core:FurnitureFittingsToolsEquipment2024-04-3005090926core:UnlistedNon-exchangeTraded2024-04-3005090926core:UnlistedNon-exchangeTraded2023-04-3005090926core:RetainedEarningsAccumulatedLosses2023-05-012024-04-3005090926bus:AllOrdinaryShares2023-05-012024-04-3005090926bus:SmallEntities2023-05-012024-04-3005090926bus:FullAccounts2023-05-012024-04-3005090926bus:AuditExempt-NoAccountantsReport2023-05-012024-04-3005090926bus:Director12023-05-012024-04-3005090926bus:PrivateLimitedCompanyLtd2023-05-012024-04-30iso4217:GBPxbrli:pure