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REGISTERED NUMBER: 07715647 (England and Wales)






















Dynac UK Limited

Unaudited Financial Statements for the Year Ended 30th June 2024






Dynac UK Limited (Registered number: 07715647)






Contents of the Financial Statements
for the year ended 30th June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dynac UK Limited

Company Information
for the year ended 30th June 2024







DIRECTORS: P Hart
A R Shariff
Mrs M Jaffar
D Hartley





REGISTERED OFFICE: Charrington Park
West Carr Lane
Hull
East Yorkshire
HU7 0BW





REGISTERED NUMBER: 07715647 (England and Wales)






Dynac UK Limited (Registered number: 07715647)

Balance Sheet
30th June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21 768
Investments 5 - -
21 768

CURRENT ASSETS
Debtors 6 1,243 2,400
Cash at bank and in hand 1,500 88,951
2,743 91,351
CREDITORS
Amounts falling due within one year 7 73,630 160,305
NET CURRENT LIABILITIES (70,887 ) (68,954 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(70,866

)

(68,186

)

PROVISIONS FOR LIABILITIES 5 192
NET LIABILITIES (70,871 ) (68,378 )

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Retained earnings (120,871 ) (118,378 )
SHAREHOLDERS' FUNDS (70,871 ) (68,378 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Dynac UK Limited (Registered number: 07715647)

Balance Sheet - continued
30th June 2024


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 28th March 2025 and were signed on its behalf by:





P Hart - Director


Dynac UK Limited (Registered number: 07715647)

Notes to the Financial Statements
for the year ended 30th June 2024

1. STATUTORY INFORMATION

Dynac UK 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
Going Concern
The company ceased to trade on 31st October 2022. The financial statements have been prepared on a going concern basis which the directors consider to be appropriate as it has been deduced that there will be no material adjustments to prepare the accounts on the break up basis.

Preparation of consolidated financial statements
The financial statements contain information about Dynac UK Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Revenues comprise sales to outside customers, after discounts and excluding value added tax, receivable in the ordinary course of business goods supplied as a principle and for services provided.

Sales of products are recognised when the significant risks and rewards of ownership are transferred to the customer and they have a legally binding obligation to settle under the terms of the contract.

Provided that the outcome of long term contracts can be assessed with reasonable certainty, the revenues and costs on such contracts are recognised based on stage of completion and the overall contract profitability.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% straight line

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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.

Dynac UK Limited (Registered number: 07715647)

Notes to the Financial Statements - continued
for the year ended 30th June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 3 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st July 2023
and 30th June 2024 37,644
DEPRECIATION
At 1st July 2023 36,876
Charge for year 747
At 30th June 2024 37,623
NET BOOK VALUE
At 30th June 2024 21
At 30th June 2023 768

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st July 2023
and 30th June 2024 1
PROVISIONS
At 1st July 2023
and 30th June 2024 1
NET BOOK VALUE
At 30th June 2024 -
At 30th June 2023 -

Details of group undertaking at the year end are as follows:
Proportion
Name of company Held Nature of business

North Sea Ventilation Limited (in
administration)
Ordinary shares 100% Design and manufacture
of heating, ventilation and
air conditioning
equipment

The above company is registered in England.

Dynac UK Limited (Registered number: 07715647)

Notes to the Financial Statements - continued
for the year ended 30th June 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,243 2,400

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 4,800
Amounts owed to group undertakings - 29,455
Other creditors 73,630 126,050
73,630 160,305

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9. ULTIMATE CONTROLLING PARTY

Dynac PTE Ltd (incorporated in Malaysia) is regarded by the directors as being the company's ultimate parent company.