Dynamic Training UK Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06374888 (England and Wales)

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

DYNAMIC TRAINING UK LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

M Lekkerkerker

Calder Holding BV

REGISTERED OFFICE:

46 Victoria Road

Hartlepool

Co. Durham

TS26 8DD

REGISTERED NUMBER:

06374888 (England and Wales)

FIXED ASSETS

Tangible assets

4

16,367

6,098

Investments

5

-

5,000

16,367

11,098

CURRENT ASSETS

Debtors

6

523,984

409,185

Cash at bank and in hand

406,764

435,813

930,748

844,998

CREDITORS

Amounts falling due within one year

7

574,552

507,368

NET CURRENT ASSETS

356,196

337,630

TOTAL ASSETS LESS CURRENT
LIABILITIES

372,563

348,728

CAPITAL AND RESERVES

Called up share capital

8

90,003

Share premium

300,000

Retained earnings

(17,440

)

(41,275

)

SHAREHOLDERS' FUNDS

372,563

348,728

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 29 September 2025 and were signed on its behalf by:

M Lekkerkerker - Director

1.	STATUTORY INFORMATION

Dynamic Training 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going concern

The company has a net asset position and a healthy bank position and the directors are satisfied that there are sufficient resources in place to continue operating throughout the going concern assessment period to September 2026. Thus the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Critical accounting judgements and key sources of estimation uncertainty

In preparing the financial statements, management is required to make estimates and assumptions which affect reported income, expenses, assets and liabilities. Use of available information and application of judgement are inherent in the formation of estimates, together with past experience and expectations of future events are believed to be reasonable under the circumstances. Actual results in the future could differ from such estimates.

The management do not consider that there are significant judgements, estimates and assumptions that may cause amounts recognised or disclosed to change in the following reporting periods.

Turnover

Turnover is shown exclusive of Value Added Tax. Turnover from the supply of services represents the value of the services provided to the extent that there is right to consideration and is recorded at the value of consideration due.

Turnover principally comprises the amount derived from grant funding. The majority of the company's revenue during the period has been earned under contracts with the Education and Funding and Skills Agency (ESFA), mainly levy funded contracts.

The company contracts with learners in the workplace to assist them in gaining accredited qualifications in their chosen programme of learning. Under the workplace methodology, funding is received to support learners separately for 'on programme' learning and successfully achieving the qualification. 'On programme' funding is recognised over the duration of the learning programme. The achievement payment is recognised when the learner achieves the qualification.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Office equipment

-

33% on cost

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

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 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.

Pension costs and other post-retirement benefits

Payments to defined contribution pension schemes are charged as an expense in the period to which they relate.

Operating leases

Rentals paid under operating leases are charged to the Income Statement 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 in representative of the time pattern of the lessee's benefit from the use of the leased asset.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2023 - 48 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

fittings

equipment

Totals

£

COST

At 1 January 2024

7,530

64,083

71,613

Additions

-

17,407

At 31 December 2024

7,530

81,490

89,020

DEPRECIATION

At 1 January 2024

7,530

57,985

65,515

Charge for year

-

7,138

At 31 December 2024

7,530

65,123

72,653

NET BOOK VALUE

At 31 December 2024

-

16,367

At 31 December 2023

-

6,098

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

5,000

Disposals

(5,000

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

5,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

61,033

28,711

Other debtors

7,196

6,186

Deferred tax asset

Tax losses carried forward

34,855

Prepayments and accrued income

420,900

339,433

523,984

409,185

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade creditors

55,226

24,257

Amounts owed to group undertakings

15,000

30,000

Social security and other taxes

46,850

50,581

VAT

12,194

4,356

Other creditors

302,230

218,533

Accruals and deferred income

143,052

179,641

574,552

507,368

Amounts owed to group undertakings are repayable on demand and interest free.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

90,003

Ordinary

£1

90,003

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

The Report of the Auditors was unqualified.

Matthew Fox (Senior Statutory Auditor)

for and on behalf of Smailes Goldie Watson Limited

10.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £101,861 (2023 - £79,015).

11.	RELATED PARTY DISCLOSURES

As the company is a indirectly, wholly owned subsidiary of Stichting Aministratiekantoor RATM, it has taken advantage of the exemption contained in FRS 102 Section 1A and has therefore not disclosed transactions or balances with entities which form part of the group for the year ended 31 December 2024.

12.	ULTIMATE CONTROLLING PARTY

The immediate parent undertaking is Calder Holding BV, a company registered in The Netherlands which is the smallest group that consolidates the results of the Company. The registered office of Calder Holding BV is Obrechtstraat 28,8031 AZ Zwolle, The Netherlands.

The ultimate parent undertaking is Stichting Aministratiekantoor RATM, which is the largest group that consolidates the results of the company. Consolidated accounts can be obtained from: Koestraat 33, 8011, NJ Zwolle, The Netherlands.

As at 31 December 2024, the ultimate controlling party was Mr. G Van Buren.