1 February 2023 false No description of principal activity Taxfiler 2024.6 10349811business:PrivateLimitedCompanyLtd2023-02-012024-01-31 103498112023-01-31 103498112023-02-012024-01-31 10349811business:AuditExemptWithAccountantsReport2023-02-012024-01-31 10349811business:FilletedAccounts2023-02-012024-01-31 103498112024-01-31 103498112023-01-31 10349811core:WithinOneYear2024-01-31 10349811core:WithinOneYear2023-01-31 10349811core:AfterOneYear2024-01-31 10349811core:AfterOneYear2023-01-31 10349811core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 10349811core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 10349811core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 10349811core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 10349811core:PreviouslyStatedAmount2024-01-31 10349811core:PreviouslyStatedAmount2023-01-31 10349811business:SmallEntities2023-02-012024-01-31 10349811business:Director12023-02-012024-01-31 10349811countries:EnglandWales2023-02-012024-01-31 10349811business:RegisteredOffice2023-02-012024-01-31 10349811core:PlantMachinery2023-02-012024-01-31 10349811core:MotorVehicles2023-02-012024-01-31 10349811core:FurnitureFittings2023-02-012024-01-31 10349811core:ComputerEquipment2023-02-012024-01-31 10349811core:Goodwill2023-01-31 10349811core:IntangibleAssetsOtherThanGoodwill2023-01-31 10349811core:Goodwill2024-01-31 10349811core:IntangibleAssetsOtherThanGoodwill2024-01-31 10349811core:Goodwill2023-02-012024-01-31 10349811core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-31 10349811core:LandBuildings2023-01-31 10349811core:PlantMachinery2023-01-31 10349811core:MotorVehicles2023-01-31 10349811core:FurnitureFittings2023-01-31 10349811core:ComputerEquipment2023-01-31 10349811core:LandBuildings2023-02-012024-01-31 10349811core:LandBuildings2024-01-31 10349811core:PlantMachinery2024-01-31 10349811core:MotorVehicles2024-01-31 10349811core:FurnitureFittings2024-01-31 10349811core:ComputerEquipment2024-01-31 103498112022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 10349811 (England and Wales)
DYNAMIC FOOD LTD Accounts for the year ended 31 January 2024
DYNAMIC FOOD LTD Accounts Contents
Page
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DYNAMIC FOOD LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
134,915 
135,730 
Tangible assets
806,165 
807,419 
941,080 
943,149 
Current assets
Inventories
14,564 
19,824 
Debtors
241,754 
237,574 
Cash at bank and in hand
73,032 
80,750 
329,350 
338,148 
Creditors: amounts falling due within one year
(1,337,411)
(895,884)
Net current liabilities
(1,008,061)
(557,736)
Total assets less current liabilities
(66,981)
385,413 
Creditors: amounts falling due after more than one year
(258,102)
(360,509)
Net (liabilities)/assets
(325,083)
24,904 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(325,183)
24,804 
Shareholders' funds
(325,083)
24,904 
For the year ending 31 January 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 January 2025 and were signed on its behalf by
Abdul Qadeer Awan Director Company Registration No. 10349811
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DYNAMIC FOOD LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
DYNAMIC FOOD LTD is a private company, limited by shares, registered in England and Wales, registration number 10349811. The registered office is 70 HORBURY ROAD, WAKEFIELD, WF2 8TU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 January 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
5% Reducing Balance
Computer equipment
20% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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DYNAMIC FOOD LTD Notes to the Accounts for the year ended 31 January 2024
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 February 2023
125,135 
16,300 
141,435 
At 31 January 2024
125,135 
16,300 
141,435 
Amortisation
At 1 February 2023
- 
5,705 
5,705 
Charge for the year
- 
815 
815 
At 31 January 2024
- 
6,520 
6,520 
Net book value
At 31 January 2024
125,135 
9,780 
134,915 
At 31 January 2023
125,135 
10,595 
135,730 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 February 2023
355,381 
59,068 
8,068 
488,712 
19,566 
930,795 
Additions
- 
5,984 
- 
4,449 
1,940 
12,373 
At 31 January 2024
355,381 
65,052 
8,068 
493,161 
21,506 
943,168 
Depreciation
At 1 February 2023
- 
4,715 
2,362 
106,390 
9,909 
123,376 
Charge for the year
- 
2,131 
566 
9,556 
1,374 
13,627 
At 31 January 2024
- 
6,846 
2,928 
115,946 
11,283 
137,003 
Net book value
At 31 January 2024
355,381 
58,206 
5,140 
377,215 
10,223 
806,165 
At 31 January 2023
355,381 
54,353 
5,706 
382,322 
9,657 
807,419 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
2,863 
- 
Amounts falling due after more than one year
Other debtors
238,891 
237,574 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
134,641 
116,103 
Trade creditors
534,734 
318,159 
Taxes and social security
1,524 
19,517 
Other creditors
203,117 
54,511 
Loans from directors
463,395 
387,594 
1,337,411 
895,884 
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DYNAMIC FOOD LTD Notes to the Accounts for the year ended 31 January 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
258,102 
360,509 
9
Average number of employees
During the year the average number of employees was 72 (2023: 98).
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