2023-04-012024-03-312024-03-31false11402956Dinyard Ltd2025-01-28falseiso4217:GBPxbrli:pure114029562023-04-01114029562024-03-31114029562023-04-012024-03-31114029562022-04-01114029562023-03-31114029562022-04-012023-03-3111402956bus:SmallEntities2023-04-012024-03-3111402956bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3111402956bus:FullAccounts2023-04-012024-03-3111402956bus:PrivateLimitedCompanyLtd2023-04-012024-03-3111402956core:WithinOneYear2024-03-3111402956core:AfterOneYear2024-03-3111402956core:WithinOneYear2023-03-3111402956core:AfterOneYear2023-03-3111402956core:ShareCapital2024-03-3111402956core:SharePremium2024-03-3111402956core:RevaluationReserve2024-03-3111402956core:OtherReservesSubtotal2024-03-3111402956core:RetainedEarningsAccumulatedLosses2024-03-3111402956core:ShareCapital2023-03-3111402956core:SharePremium2023-03-3111402956core:RevaluationReserve2023-03-3111402956core:OtherReservesSubtotal2023-03-3111402956core:RetainedEarningsAccumulatedLosses2023-03-3111402956core:LandBuildings2024-03-3111402956core:PlantMachinery2024-03-3111402956core:Vehicles2024-03-3111402956core:FurnitureFittings2024-03-3111402956core:OfficeEquipment2024-03-3111402956core:NetGoodwill2024-03-3111402956core:IntangibleAssetsOtherThanGoodwill2024-03-3111402956core:ListedExchangeTraded2024-03-3111402956core:UnlistedNon-exchangeTraded2024-03-3111402956core:LandBuildings2023-03-3111402956core:PlantMachinery2023-03-3111402956core:Vehicles2023-03-3111402956core:FurnitureFittings2023-03-3111402956core:OfficeEquipment2023-03-3111402956core:NetGoodwill2023-03-3111402956core:IntangibleAssetsOtherThanGoodwill2023-03-3111402956core:ListedExchangeTraded2023-03-3111402956core:UnlistedNon-exchangeTraded2023-03-3111402956core:LandBuildings2023-04-012024-03-3111402956core:PlantMachinery2023-04-012024-03-3111402956core:Vehicles2023-04-012024-03-3111402956core:FurnitureFittings2023-04-012024-03-3111402956core:OfficeEquipment2023-04-012024-03-3111402956core:NetGoodwill2023-04-012024-03-3111402956core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111402956core:ListedExchangeTraded2023-04-012024-03-3111402956core:UnlistedNon-exchangeTraded2023-04-012024-03-3111402956core:MoreThanFiveYears2023-04-012024-03-3111402956core:Non-currentFinancialInstruments2024-03-3111402956core:Non-currentFinancialInstruments2023-03-3111402956dpl:CostSales2023-04-012024-03-3111402956dpl:DistributionCosts2023-04-012024-03-3111402956core:LandBuildings2023-04-012024-03-3111402956core:PlantMachinery2023-04-012024-03-3111402956core:Vehicles2023-04-012024-03-3111402956core:FurnitureFittings2023-04-012024-03-3111402956core:OfficeEquipment2023-04-012024-03-3111402956dpl:AdministrativeExpenses2023-04-012024-03-3111402956core:NetGoodwill2023-04-012024-03-3111402956core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111402956dpl:GroupUndertakings2023-04-012024-03-3111402956dpl:ParticipatingInterests2023-04-012024-03-3111402956dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3111402956core:ListedExchangeTraded2023-04-012024-03-3111402956dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3111402956core:UnlistedNon-exchangeTraded2023-04-012024-03-3111402956dpl:CostSales2022-04-012023-03-3111402956dpl:DistributionCosts2022-04-012023-03-3111402956core:LandBuildings2022-04-012023-03-3111402956core:PlantMachinery2022-04-012023-03-3111402956core:Vehicles2022-04-012023-03-3111402956core:FurnitureFittings2022-04-012023-03-3111402956core:OfficeEquipment2022-04-012023-03-3111402956dpl:AdministrativeExpenses2022-04-012023-03-3111402956core:NetGoodwill2022-04-012023-03-3111402956core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3111402956dpl:GroupUndertakings2022-04-012023-03-3111402956dpl:ParticipatingInterests2022-04-012023-03-3111402956dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3111402956core:ListedExchangeTraded2022-04-012023-03-3111402956dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3111402956core:UnlistedNon-exchangeTraded2022-04-012023-03-3111402956core:NetGoodwill2024-03-3111402956core:IntangibleAssetsOtherThanGoodwill2024-03-3111402956core:LandBuildings2024-03-3111402956core:PlantMachinery2024-03-3111402956core:Vehicles2024-03-3111402956core:FurnitureFittings2024-03-3111402956core:OfficeEquipment2024-03-3111402956core:AfterOneYear2024-03-3111402956core:WithinOneYear2024-03-3111402956core:ListedExchangeTraded2024-03-3111402956core:UnlistedNon-exchangeTraded2024-03-3111402956core:ShareCapital2024-03-3111402956core:SharePremium2024-03-3111402956core:RevaluationReserve2024-03-3111402956core:OtherReservesSubtotal2024-03-3111402956core:RetainedEarningsAccumulatedLosses2024-03-3111402956core:NetGoodwill2023-03-3111402956core:IntangibleAssetsOtherThanGoodwill2023-03-3111402956core:LandBuildings2023-03-3111402956core:PlantMachinery2023-03-3111402956core:Vehicles2023-03-3111402956core:FurnitureFittings2023-03-3111402956core:OfficeEquipment2023-03-3111402956core:AfterOneYear2023-03-3111402956core:WithinOneYear2023-03-3111402956core:ListedExchangeTraded2023-03-3111402956core:UnlistedNon-exchangeTraded2023-03-3111402956core:ShareCapital2023-03-3111402956core:SharePremium2023-03-3111402956core:RevaluationReserve2023-03-3111402956core:OtherReservesSubtotal2023-03-3111402956core:RetainedEarningsAccumulatedLosses2023-03-3111402956core:NetGoodwill2022-04-0111402956core:IntangibleAssetsOtherThanGoodwill2022-04-0111402956core:LandBuildings2022-04-0111402956core:PlantMachinery2022-04-0111402956core:Vehicles2022-04-0111402956core:FurnitureFittings2022-04-0111402956core:OfficeEquipment2022-04-0111402956core:AfterOneYear2022-04-0111402956core:WithinOneYear2022-04-0111402956core:ListedExchangeTraded2022-04-0111402956core:UnlistedNon-exchangeTraded2022-04-0111402956core:ShareCapital2022-04-0111402956core:SharePremium2022-04-0111402956core:RevaluationReserve2022-04-0111402956core:OtherReservesSubtotal2022-04-0111402956core:RetainedEarningsAccumulatedLosses2022-04-0111402956core:AfterOneYear2023-04-012024-03-3111402956core:WithinOneYear2023-04-012024-03-3111402956core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3111402956core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3111402956core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3111402956core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3111402956core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3111402956core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3111402956core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3111402956core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3111402956core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3111402956core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3111402956core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3111402956core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3111402956core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3111402956core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3111402956core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3111402956core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3111402956core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3111402956core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3111402956core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3111402956core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3111402956core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3111402956core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3111402956core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3111402956core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3111402956core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3111402956core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3111402956core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3111402956bus:Director12023-04-012024-03-31

Dinyard Ltd

Registered Number
11402956
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

Dinyard Ltd
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

Raymond J Norman

Registered Address

16 Greyhound Lane
Stourbridge
DY8 3AA

Registered Number

11402956 (England and Wales)
Dinyard Ltd
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets37,5008,000
Tangible assets45,2326,790
12,73214,790
Current assets
Debtors5292,982205,393
Cash at bank and on hand269,176373,838
562,158579,231
Creditors amounts falling due within one year6(249,847)(254,153)
Net current assets (liabilities)312,311325,078
Total assets less current liabilities325,043339,868
Provisions for liabilities7(1,173)(1,290)
Net assets323,870338,578
Capital and reserves
Called up share capital100100
Profit and loss account323,770338,478
Shareholders' funds323,870338,578
The financial statements were approved and authorised for issue by the Director on 28 January 2025, and are signed on its behalf by:
Raymond J Norman
Director
Registered Company No. 11402956
Dinyard Ltd
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows: Goodwill (5% straight line method)
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment25
2.Average number of employees

20242023
Average number of employees during the year22
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 April 2310,00010,000
At 31 March 2410,00010,000
Amortisation and impairment
At 01 April 232,0002,000
Charge for year500500
At 31 March 242,5002,500
Net book value
At 31 March 247,5007,500
At 31 March 238,0008,000
4.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 April 2311,21611,216
Additions167167
At 31 March 2411,38311,383
Depreciation and impairment
At 01 April 234,4264,426
Charge for year1,7251,725
At 31 March 246,1516,151
Net book value
At 31 March 245,2325,232
At 31 March 236,7906,790
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables229,981157,608
Other debtors959
Prepayments and accrued income62,90647,776
Total292,982205,393
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables27,255987
Amounts owed to related parties120,001156,881
Taxation and social security102,05495,748
Other creditors3737
Accrued liabilities and deferred income500500
Total249,847254,153
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)1,1731,290
Total1,1731,290
8.Related party transactions
At the year end the Company owed the Director £120,001 (2023 - £156,881). These monies had been advanced on an unsecured, interest free basis and are repayable upon demand.