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REGISTERED NUMBER: 05322189 (England and Wales)












DYALOG LIMITED

Financial Statements

for the Year Ended 31 December 2024






DYALOG LIMITED (REGISTERED NUMBER: 05322189)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DYALOG LIMITED

Company Information
for the Year Ended 31 December 2024







Directors: A Bianchi
Dr G V Hetrodt
M J Kromberg





Registered office: NP-105, iCentre
Howard Way
Newport Pagnell
Milton Keynes
Buckinghamshire
MK16 9PY





Registered number: 05322189 (England and Wales)





Auditors: Cox and Co (Accountancy) Limited
Statutory Auditors
The Granary
High Street
Turvey
Bedfordshire
MK43 8DB

DYALOG LIMITED (REGISTERED NUMBER: 05322189)

Balance Sheet
31 December 2024

31/12/24 31/12/23
Notes £    £    £    £   
Fixed assets
Intangible assets 4 56,766 54,000
Tangible assets 5 10,059 17,208
Investments 6 1,501 1,501
68,326 72,709

Current assets
Debtors 7 455,812 343,846
Cash at bank and in hand 1,329,605 1,740,307
1,785,417 2,084,153
Creditors
Amounts falling due within one year 8 795,840 1,063,153
Net current assets 989,577 1,021,000
Total assets less current liabilities 1,057,903 1,093,709

Capital and reserves
Called up share capital 67,800 67,800
Share premium 149,725 149,725
Capital redemption reserve 66,300 66,300
Retained earnings 774,078 809,884
10 1,057,903 1,093,709

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 21 March 2025 and were signed on its behalf by:





M J Kromberg - Director


DYALOG LIMITED (REGISTERED NUMBER: 05322189)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. Statutory information

Dyalog 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill was acquired on the transfer of the net assets and trade from the subsidiary undertaking. Goodwill is fully amortised as at 31st December 2016. Amortisation was being charged over 10 years.

Intangible assets
Intangible fixed assets, being intellectual property rights to software, are being amortisedover the assets estimated useful life of ten years

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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.

3. Employees and directors

The average number of employees during the year was 14 (2023 - 16 ) .

DYALOG LIMITED (REGISTERED NUMBER: 05322189)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. Intangible fixed assets
Other
intangible
Goodwill assets Totals
£    £    £   
Cost
At 1 January 2024 1,263,568 135,000 1,398,568
Additions - 16,266 16,266
At 31 December 2024 1,263,568 151,266 1,414,834
Amortisation
At 1 January 2024 1,263,568 81,000 1,344,568
Charge for year - 13,500 13,500
At 31 December 2024 1,263,568 94,500 1,358,068
Net book value
At 31 December 2024 - 56,766 56,766
At 31 December 2023 - 54,000 54,000

5. Tangible fixed assets
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 January 2024 58,208 52,931 111,139
Additions - 1,987 1,987
Disposals - (1,683 ) (1,683 )
At 31 December 2024 58,208 53,235 111,443
Depreciation
At 1 January 2024 55,842 38,089 93,931
Charge for year 699 8,437 9,136
Eliminated on disposal - (1,683 ) (1,683 )
At 31 December 2024 56,541 44,843 101,384
Net book value
At 31 December 2024 1,667 8,392 10,059
At 31 December 2023 2,366 14,842 17,208

6. Fixed asset investments
Shares in
group
undertakings
£   
Cost
At 1 January 2024
and 31 December 2024 1,501
Net book value
At 31 December 2024 1,501
At 31 December 2023 1,501

DYALOG LIMITED (REGISTERED NUMBER: 05322189)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. Fixed asset investments - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Dyalog 2002 Limited
Registered office: NP-105, iCentre, Howard Way, Interchange Park, Newport Pagnell, MK16 9PY
Nature of business: Dormant
%
Class of shares: holding
Ordinary £1 100.00
31/12/24 31/12/23
£    £   
Aggregate capital and reserves 1,500 1,500

Dyalog SIP Trustees Limited
Registered office: Np-105, Icentre Howard Way, Interchange Park, Newport Pagnell, MK16 9PY
Nature of business: Trustee of Share Incentive Plan
%
Class of shares: holding
Ordinary £1 100.00
31/12/24 31/12/23
£    £   
Aggregate capital and reserves 1 1

7. Debtors: amounts falling due within one year
31/12/24 31/12/23
£    £   
Trade debtors 414,474 307,770
Other debtors 41,338 36,076
455,812 343,846

Also included in other debtors is £19,639 (2023: £19,449) relating to monies held as a rent deposit. A legal charge is held over this debtor.

8. Creditors: amounts falling due within one year
31/12/24 31/12/23
£    £   
Trade creditors 182,121 5,669
Amounts owed to group undertakings 1,501 1,501
Amounts owed to participating interests 2,858 181,829
Taxation and social security 78,431 82,745
Other creditors 530,929 791,409
795,840 1,063,153

9. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

David A. Cox (Senior Statutory Auditor)
for and on behalf of Cox and Co (Accountancy) Limited

DYALOG LIMITED (REGISTERED NUMBER: 05322189)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

10. Reconciliation of movements in reserves
31/12/24 31/12/23
£    £   
Profit for the financial year 446,192 421,577
Dividends (430,951 ) (422,445 )
15,241 (868 )
Other comprehensive income relating to the year (net) (51,047 ) 14,255
Cash share issue
Net (reduction)/addition to reserves (35,806 ) 13,387
Opening reserves 1,093,709 1,080,322
Closing reserves 1,057,903 1,093,709