Registered number
11112788
Dyno-Pest Ltd
Filleted Accounts
31 December 2023
Dyno-Pest Ltd
Registered number: 11112788
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Intangible assets 3 140,000 140,000
Tangible assets 4 80,661 82,458
220,661 222,458
Current assets
Debtors 5 360,444 424,397
Cash at bank and in hand 133,539 191,188
493,983 615,585
Creditors: amounts falling due within one year 6 (503,336) (621,015)
Net current liabilities (9,353) (5,430)
Total assets less current liabilities 211,308 217,028
Creditors: amounts falling due after more than one year 7 (175,000) (175,000)
Net assets 36,308 42,028
Capital and reserves
Called up share capital 25,000 25,000
Profit and loss account 11,308 17,028
Shareholders' funds 36,308 42,028
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R Izod
Director
Approved by the board on 28 March 2025
Dyno-Pest Ltd
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 11 12
3 Intangible fixed assets £
Goodwill:
Cost
At 1 January 2023 200,000
At 31 December 2023 200,000
Amortisation
At 1 January 2023 60,000
At 31 December 2023 60,000
Net book value
At 31 December 2023 140,000
At 31 December 2022 140,000
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 January 2023 115,603 50,417 166,020
Additions 1,205 49,688 50,893
At 31 December 2023 116,808 100,105 216,913
Depreciation
At 1 January 2023 66,948 16,614 83,562
Charge for the year 22,723 29,967 52,690
At 31 December 2023 89,671 46,581 136,252
Net book value
At 31 December 2023 27,137 53,524 80,661
At 31 December 2022 48,655 33,803 82,458
5 Debtors 2023 2022
£ £
Trade debtors 52,595 392,168
Amounts owed by group undertakings and undertakings in which the company has a participating interest 246,820 -
Other debtors 61,029 32,229
360,444 424,397
6 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 73,306 58,957
Amounts owed to group undertakings and undertakings in which the company has a participating interest 130,032 315,408
Taxation and social security costs 268,529 206,140
Other creditors 31,469 40,510
503,336 621,015
7 Creditors: amounts falling due after one year 2023 2022
£ £
Non-equity preference shares 175,000 175,000
8 Other information
Dyno-Pest Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Ground Floor
20 Red Lion Street,
London.
WC1R 4PQ
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