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REGISTERED NUMBER: 04479021 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 JUNE 2024

FOR

DYNAMIC CONSTRUCTION (STAFFS) LIMITED

DYNAMIC CONSTRUCTION (STAFFS) LIMITED (REGISTERED NUMBER: 04479021)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 JUNE 2024










Page

Statement of Financial Position 1 to 2

Notes to the Financial Statements 3 to 6


DYNAMIC CONSTRUCTION (STAFFS) LIMITED (REGISTERED NUMBER: 04479021)

STATEMENT OF FINANCIAL POSITION
28 JUNE 2024

28.6.24 28.6.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 20,434 24,624

CURRENT ASSETS
Inventories 967 987
Debtors 5 185,723 137,436
Cash at bank 17,158 11,847
203,848 150,270
CREDITORS
Amounts falling due within one year 6 (159,832 ) (97,631 )
NET CURRENT ASSETS 44,016 52,639
TOTAL ASSETS LESS CURRENT
LIABILITIES

64,450

77,263

CREDITORS
Amounts falling due after more than one
year

7

(9,115

)

(17,312

)

PROVISIONS FOR LIABILITIES (4,586 ) (5,161 )
NET ASSETS 50,749 54,790

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 50,748 54,789
50,749 54,790

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

DYNAMIC CONSTRUCTION (STAFFS) LIMITED (REGISTERED NUMBER: 04479021)

STATEMENT OF FINANCIAL POSITION - continued
28 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 July 2025 and were signed by:





L P Capey - Director


DYNAMIC CONSTRUCTION (STAFFS) LIMITED (REGISTERED NUMBER: 04479021)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 JUNE 2024


1. STATUTORY INFORMATION

Dynamic Construction (Staffs) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04479021

Registered office: c/o DPC
Stone House, Stone Road Business Park
Stone Road
Stoke-On-Trent
Staffordshire
ST4 6SR

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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

SIGNIFICANT JUDGEMENTS AND ESTIMATES
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The judgements that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows

ii) Estimated useful lives and residual values of fixed assets

As described in the notes to the financial statements, depreciation of tangible fixed assets has been based on estimated useful lives and residual values deemed appropriate by the directors. Estimated useful lives and residual values are reviewed annually and revised as appropriate. Revisions take into account estimated useful lives used by other companies operating in the sector and actual asset lives and residual values, as evidenced by disposals during the current and prior accounting periods.

REVENUE RECOGNITION
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the rendering of services is recognised by reference to the stage of completion at the balance sheet date; the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

DYNAMIC CONSTRUCTION (STAFFS) LIMITED (REGISTERED NUMBER: 04479021)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 JUNE 2024


2. ACCOUNTING POLICIES - continued

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 - 15% reducing balance
Fixtures and fittings - 15% reducing balance
Motor vehicles - 20% reducing balance

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

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

FINANCIAL INSTRUMENTS
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

DYNAMIC CONSTRUCTION (STAFFS) LIMITED (REGISTERED NUMBER: 04479021)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 JUNE 2024


2. ACCOUNTING POLICIES - continued

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.

PROVISIONS
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 29 June 2023
and 28 June 2024 39,901 6,580 30,445 76,926
DEPRECIATION
At 29 June 2023 26,321 5,445 20,536 52,302
Charge for year 2,037 171 1,982 4,190
At 28 June 2024 28,358 5,616 22,518 56,492
NET BOOK VALUE
At 28 June 2024 11,543 964 7,927 20,434
At 28 June 2023 13,580 1,135 9,909 24,624

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.6.24 28.6.23
£    £   
Other debtors 185,723 137,436

DYNAMIC CONSTRUCTION (STAFFS) LIMITED (REGISTERED NUMBER: 04479021)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 JUNE 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.6.24 28.6.23
£    £   
Bank loans and overdrafts 6,027 5,825
Trade creditors 51,059 12,317
Taxation and social security 85,877 73,484
Other creditors 16,869 6,005
159,832 97,631

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.6.24 28.6.23
£    £   
Bank loans 9,115 17,312

8. SECURED DEBTS

The hire purchase liabilities are secured on the related assets.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 28 June 2024 and the period ended 28 June 2023:

28.6.24 28.6.23
£    £   
L P Capey
Balance outstanding at start of year 102,146 71,486
Amounts advanced 91,195 149,441
Amounts repaid (54,499 ) (118,781 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 138,842 102,146

10. RELATED PARTY DISCLOSURES

All transactions undertaken with the directors are deemed to be conducted under normal market conditions and/or are not material.

11. EVENTS AFTER THE END OF THE REPORTING PERIOD

There were no significant events up to the date of approval of the financial statements by the Board.