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REGISTERED NUMBER: 00416853 (England and Wales)








Audited Financial Statements

for the Year Ended

31 July 2024

for

Dyson Products Limited

Dyson Products Limited (Registered number: 00416853)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Dyson Products Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mrs K A Nicholls
Miss S P Evans
T E Spruce





REGISTERED OFFICE: Unit G
Brockmoor Park Industrial Estate
Moor Street
Brierley Hill
West Midlands
DY5 3TG





REGISTERED NUMBER: 00416853 (England and Wales)





AUDITORS: DJH Audit Limited
Statutory Auditors
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

Dyson Products Limited (Registered number: 00416853)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,885 6,173

CURRENT ASSETS
Stocks 459,420 490,696
Debtors 5 257,222 232,352
Cash at bank and in hand 53,300 38,122
769,942 761,170
CREDITORS
Amounts falling due within one year 6 200,819 249,599
NET CURRENT ASSETS 569,123 511,571
TOTAL ASSETS LESS CURRENT
LIABILITIES

574,008

517,744

CAPITAL AND RESERVES
Called up share capital 15,000 15,000
Retained earnings 559,008 502,744
SHAREHOLDERS' FUNDS 574,008 517,744

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 30 April 2025 and were signed on its behalf by:





Mrs K A Nicholls - Director


Dyson Products Limited (Registered number: 00416853)

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

1. STATUTORY INFORMATION

Dyson Products 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.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 4 (2023 - 5 ) .

Dyson Products Limited (Registered number: 00416853)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 August 2023 48,559 16,586 65,145
Additions - 340 340
At 31 July 2024 48,559 16,926 65,485
DEPRECIATION
At 1 August 2023 45,546 13,426 58,972
Charge for year 753 875 1,628
At 31 July 2024 46,299 14,301 60,600
NET BOOK VALUE
At 31 July 2024 2,260 2,625 4,885
At 31 July 2023 3,013 3,160 6,173

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 251,517 185,913
Amounts owed by group undertakings 165 36,350
Other debtors 5,540 10,089
257,222 232,352

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 54,006 145,481
Trade creditors 37,459 29,557
Amounts owed to group undertakings 255 -
Taxation and social security 45,880 27,823
Other creditors 63,219 46,738
200,819 249,599

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Howell FCA (Senior Statutory Auditor)
for and on behalf of DJH Audit Limited

8. OTHER FINANCIAL COMMITMENTS

The total amount of commitments, guarantees and contingencies at the year end of the year was £nil (2023: £22,235).

9. 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.

Dyson Products Limited (Registered number: 00416853)

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

10. ULTIMATE CONTROLLING PARTY

The parent undertaking of the smallest group within which the company belongs and for which group financial statements are prepared is Easiflo Investments Limited whose registered office is at the same address as that of the company.