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Company Registration No. 11536353 (England and Wales)
DYNAMIC VEHICLE RENTAL LIMITED Unaudited accounts for the year ended 31 August 2024
DYNAMIC VEHICLE RENTAL LIMITED Unaudited accounts Contents
Page
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DYNAMIC VEHICLE RENTAL LIMITED Company Information for the year ended 31 August 2024
Directors
Mr P Rimmer Mrs C Rimmer
Company Number
11536353 (England and Wales)
Registered Office
BEECH HOUSE 23 LADIES LANE WIGAN WN2 2QA UNITED KINGDOM
Accountants
P A Hull & Co Beech House 23 Ladies Lane Hindley, Wigan Lancashire WN2 2QA
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of DYNAMIC VEHICLE RENTAL LIMITED for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of DYNAMIC VEHICLE RENTAL LIMITED for the year ended 31 August 2024 as set out on pages 5 - 7 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 at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
P A Hull & Co Chartered Accountants Beech House 23 Ladies Lane Hindley, Wigan Lancashire WN2 2QA 11 March 2025
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DYNAMIC VEHICLE RENTAL LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,149,279 
7,475,723 
Current assets
Inventories
49,479 
50,645 
Debtors
2,196,961 
2,530,054 
Cash at bank and in hand
73,226 
96,289 
2,319,666 
2,676,988 
Creditors: amounts falling due within one year
(2,834,548)
(2,845,301)
Net current liabilities
(514,882)
(168,313)
Total assets less current liabilities
9,634,397 
7,307,410 
Creditors: amounts falling due after more than one year
(4,030,341)
(3,033,754)
Provisions for liabilities
Deferred tax
(1,139,336)
(965,722)
Net assets
4,464,720 
3,307,934 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,464,620 
3,307,834 
Shareholders' funds
4,464,720 
3,307,934 
For the year ending 31 August 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 Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 11 March 2025 and were signed on its behalf by
Mr P Rimmer Director Company Registration No. 11536353
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DYNAMIC VEHICLE RENTAL LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
DYNAMIC VEHICLE RENTAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11536353. The registered office is BEECH HOUSE, 23 LADIES LANE, WIGAN, WN2 2QA, UNITED KINGDOM.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Motor vehicles
Variable reducing balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 September 2023
8,809,519 
Additions
4,115,248 
Disposals
(493,330)
At 31 August 2024
12,431,437 
Depreciation
At 1 September 2023
1,333,796 
Charge for the year
1,097,319 
On disposals
(148,957)
At 31 August 2024
2,282,158 
Net book value
At 31 August 2024
10,149,279 
At 31 August 2023
7,475,723 
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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DYNAMIC VEHICLE RENTAL LIMITED Notes to the Accounts for the year ended 31 August 2024
6
Transactions with related parties
The company has a related party with Fleet Dynamic Consultancy Ltd due to being under control by the same directors and shareholders. At 31st August 2024 Fleet Dynamic Consultancy Ltd owed Dynamic Vehicle Rental Ltd £2,165,765 (2023: £2,418,463).
7
Average number of employees
During the year the average number of employees was 28 (2023: 21).
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