BrightAccountsProduction v1.0.0 v1.0.0 2024-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is health and safety consultancy, training and supplies. 17 July 2025 NI628210 2024-12-31 NI628210 2023-12-31 NI628210 2022-12-31 NI628210 2024-01-01 2024-12-31 NI628210 2023-01-01 2023-12-31 NI628210 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 NI628210 uk-curr:PoundSterling 2024-01-01 2024-12-31 NI628210 uk-bus:AbridgedAccounts 2024-01-01 2024-12-31 NI628210 uk-core:ShareCapital 2024-12-31 NI628210 uk-core:ShareCapital 2023-12-31 NI628210 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI628210 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI628210 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-12-31 NI628210 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-12-31 NI628210 uk-bus:FRS102 2024-01-01 2024-12-31 NI628210 uk-core:Buildings 2024-01-01 2024-12-31 NI628210 uk-core:PlantMachinery 2024-01-01 2024-12-31 NI628210 uk-core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 NI628210 uk-core:MotorVehicles 2024-01-01 2024-12-31 NI628210 2024-01-01 2024-12-31 NI628210 uk-bus:Director1 2024-01-01 2024-12-31 NI628210 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company Registration Number: NI628210
 
 
Dynamic Safety Solutions Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 December 2024
Dynamic Safety Solutions Ltd
Company Registration Number: NI628210
ABRIDGED BALANCE SHEET
as at 31 December 2024

2024 2023
Notes £ £
 
Fixed Assets
Tangible assets 4 91,181 132,960
───────── ─────────
 
Current Assets
Stocks - 131,671
Debtors 630,887 440,628
Cash at bank and in hand 138,568 115,198
───────── ─────────
769,455 687,497
───────── ─────────
Creditors: amounts falling due within one year (394,123) (325,673)
───────── ─────────
Net Current Assets 375,332 361,824
───────── ─────────
Total Assets less Current Liabilities 466,513 494,784
 
Creditors:
amounts falling due after more than one year (55,448) (114,872)
───────── ─────────
Net Assets 411,065 379,912
═════════ ═════════
 
Capital and Reserves
Called up share capital 304 204
Retained earnings 410,761 379,708
───────── ─────────
Shareholders' Funds 411,065 379,912
═════════ ═════════
 
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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 17 July 2025 and signed on its behalf by
           
           
________________________________          
Mr. Sean McCann          
Director          
           



Dynamic Safety Solutions Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 December 2024

   
1. General Information
 
Dynamic Safety Solutions Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI628210. The registered office of the company is 37a Cadian Road, Eglish, Dungannon, Co. Tyrone, BT70 1LY, Northern Ireland which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Directors' Report.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 December 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Short leasehold property - 0% Straight line
  Plant and machinery - 25% Straight line
  Fixtures, fittings and equipment - 25% Straight line
  Motor vehicles - 25% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 12, (2023 - 28).
 
  2024 2023
  Number Number
 
Administrative 2 2
Cost of sales 10 26
  ───────── ─────────
  12 28
  ═════════ ═════════
             
4. Tangible assets
  Short Plant and Fixtures, Motor Total
  leasehold machinery fittings and vehicles  
  property   equipment    
  £ £ £ £ £
Cost
At 1 January 2024 41,268 36,719 19,118 155,586 252,691
Additions - 3,327 2,953 - 6,280
Disposals - (5,773) - (39,000) (44,773)
  ───────── ───────── ───────── ───────── ─────────
At 31 December 2024 41,268 34,273 22,071 116,586 214,198
  ───────── ───────── ───────── ───────── ─────────
Depreciation
At 1 January 2024 - 27,141 12,642 79,948 119,731
Charge for the financial year - 6,769 2,975 19,628 29,372
On disposals - (5,773) - (20,313) (26,086)
  ───────── ───────── ───────── ───────── ─────────
At 31 December 2024 - 28,137 15,617 79,263 123,017
  ───────── ───────── ───────── ───────── ─────────
Net book value
At 31 December 2024 41,268 6,136 6,454 37,323 91,181
  ═════════ ═════════ ═════════ ═════════ ═════════
At 31 December 2023 41,268 9,578 6,476 75,638 132,960
  ═════════ ═════════ ═════════ ═════════ ═════════
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 December 2024.
   
6. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.