Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302025-05-017trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.18false2023-10-01No description of principal activityfalsefalse 14368252 2023-10-01 2024-09-30 14368252 2024-09-30 14368252 2022-09-21 2023-09-30 14368252 2023-09-30 14368252 c:Director1 2023-10-01 2024-09-30 14368252 c:Director2 2023-10-01 2024-09-30 14368252 c:Director3 2023-10-01 2024-09-30 14368252 c:Director4 2023-10-01 2024-09-30 14368252 c:RegisteredOffice 2023-10-01 2024-09-30 14368252 d:PlantMachinery 2023-10-01 2024-09-30 14368252 d:PlantMachinery 2024-09-30 14368252 d:PlantMachinery 2023-09-30 14368252 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 14368252 d:MotorVehicles 2023-10-01 2024-09-30 14368252 d:MotorVehicles 2024-09-30 14368252 d:MotorVehicles 2023-09-30 14368252 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 14368252 d:FurnitureFittings 2023-10-01 2024-09-30 14368252 d:OfficeEquipment 2023-10-01 2024-09-30 14368252 d:OfficeEquipment 2024-09-30 14368252 d:OfficeEquipment 2023-09-30 14368252 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 14368252 d:ComputerEquipment 2023-10-01 2024-09-30 14368252 d:ComputerEquipment 2024-09-30 14368252 d:ComputerEquipment 2023-09-30 14368252 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 14368252 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 14368252 d:Goodwill 2023-10-01 2024-09-30 14368252 d:Goodwill 2024-09-30 14368252 d:Goodwill 2023-09-30 14368252 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-10-01 2024-09-30 14368252 d:CopyrightsPatentsTrademarksServiceOperatingRights 2024-09-30 14368252 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-09-30 14368252 d:CurrentFinancialInstruments 2024-09-30 14368252 d:CurrentFinancialInstruments 2023-09-30 14368252 d:Non-currentFinancialInstruments 2024-09-30 14368252 d:Non-currentFinancialInstruments 2023-09-30 14368252 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 14368252 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 14368252 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 14368252 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 14368252 d:ShareCapital 2024-09-30 14368252 d:ShareCapital 2023-09-30 14368252 d:RetainedEarningsAccumulatedLosses 2024-09-30 14368252 d:RetainedEarningsAccumulatedLosses 2023-09-30 14368252 c:FRS102 2023-10-01 2024-09-30 14368252 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 14368252 c:FullAccounts 2023-10-01 2024-09-30 14368252 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 14368252 d:WithinOneYear 2024-09-30 14368252 d:WithinOneYear 2023-09-30 14368252 d:BetweenOneFiveYears 2024-09-30 14368252 d:BetweenOneFiveYears 2023-09-30 14368252 d:Goodwill d:OwnedIntangibleAssets 2023-10-01 2024-09-30 14368252 d:CopyrightsPatentsTrademarksServiceOperatingRights d:OwnedIntangibleAssets 2023-10-01 2024-09-30 14368252 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Company registration number: 14368252







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2024


DYNO-ROD EAST LONDON LIMITED






































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DYNO-ROD EAST LONDON LIMITED
 


 
COMPANY INFORMATION


Directors
K T Chadwick 
S A Chadwick 
W A Chadwick 
J K Double 




Registered number
14368252



Registered office
Unit 1a The Summit Centre
Hanworth Road

Sunbury-On-Thames

Middlesex

TW16 5DB




Accountants
Menzies LLP
Chartered Accountants

Victoria House

50-58 Victoria Road

Farnborough

Hampshire

GU14 7PG





 


DYNO-ROD EAST LONDON LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 8


 


DYNO-ROD EAST LONDON LIMITED
 



STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
 2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
234,053
254,874

Tangible assets
 5 
122,791
125,865

  
356,844
380,739

Current assets
  

Debtors: amounts falling due within one year
 6 
38,517
40,927

Cash at bank and in hand
  
13,936
36,873

  
52,453
77,800

Creditors: amounts falling due within one year
 7 
(183,139)
(177,138)

Net current liabilities
  
 
 
(130,686)
 
 
(99,338)

Total assets less current liabilities
  
226,158
281,401

Creditors: amounts falling due after more than one year
 8 
(173,111)
(275,703)

  

Net assets
  
53,047
5,698


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
52,947
5,598

  
53,047
5,698


The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.





 
Page 1

 


DYNO-ROD EAST LONDON LIMITED
REGISTERED NUMBER:14368252


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024


The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


................................................
J K Double
Director

Date: 1 May 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 


DYNO-ROD EAST LONDON LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Dyno-Rod East London Limited is a private company limited by shares, incorporated in England and Wales on 21 September 2022. The address of its registered office, which is also the principal place of business, is disclosed on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 


DYNO-ROD EAST LONDON LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.6

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Income and Retained Earnings over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Goodwill
-
20
years
Franchise
-
5
years

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 


DYNO-ROD EAST LONDON LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
15%
Straight line
Motor vehicles
-
15%
Straight line
Fixtures and fittings
-
25%
Straight line
Computer equipment
-
15%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 18 (2023 - 7).


4.


Intangible assets




Franchise
Goodwill
Total

£
£
£



Cost


At 1 October 2023
48,810
221,190
270,000



At 30 September 2024

48,810
221,190
270,000



Amortisation


At 1 October 2023
4,067
11,059
15,126


Charge for the year on owned assets
9,762
11,059
20,821



At 30 September 2024

13,829
22,118
35,947



Net book value



At 30 September 2024
34,981
199,072
234,053



At 30 September 2023
44,743
210,131
254,874



Page 5

 


DYNO-ROD EAST LONDON LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 October 2023
47,858
82,900
2,556
1,870
135,184


Additions
20,911
-
-
3,503
24,414


Disposals
-
(6,500)
-
-
(6,500)



At 30 September 2024

68,769
76,400
2,556
5,373
153,098



Depreciation


At 1 October 2023
5,484
3,352
364
119
9,319


Charge for the year on owned assets
8,620
11,460
638
595
21,313


Disposals
-
(325)
-
-
(325)



At 30 September 2024

14,104
14,487
1,002
714
30,307



Net book value



At 30 September 2024
54,665
61,913
1,554
4,659
122,791



At 30 September 2023
42,374
79,548
2,192
1,751
125,865

Page 6

 


DYNO-ROD EAST LONDON LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Debtors

2024
Period ended 30 September 2023
£
£


Trade debtors
24,277
30,844

Other debtors
5,149
1,870

Prepayments and accrued income
9,091
8,213

38,517
40,927


Included within other debtors due within one year is a loan to Directors, amounting to £3,279 (2023 - £nil). This loan is interest free and repayable on demand.




7.


Creditors: Amounts falling due within one year

2024
Period ended 30 September 2023
£
£

Trade creditors
9,620
8,659

Other taxation and social security
20,452
18,869

Obligations under finance lease and hire purchase contracts
10,992
9,907

Other creditors
135,468
132,844

Accruals and deferred income
6,607
6,859

183,139
177,138



8.


Creditors: Amounts falling due after more than one year

2024
Period ended 30 September 2023
£
£

Net obligations under finance leases and hire purchase contracts
40,132
51,172

Other creditors
132,979
224,531

173,111
275,703


Page 7

 


DYNO-ROD EAST LONDON LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9.


Commitments under operating leases

At 30 September 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
Period ended 30 September 2023
£
£


Not later than 1 year
9,000
9,000

Later than 1 year and not later than 5 years
22,975
475

31,975
9,475

 
Page 8