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Registration number: 10160931

Dymatec Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

Dymatec Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

Dymatec Ltd

Company Information

Directors | Mr Jeremy David Newton Mr Vaughn Newton Mr Carlos Newton

Registered office | Units 11-14 Cemetery Road Houghton Regis Luton Bedfordshire LU5 5QH

Accountants | T B Tax Services Bridge House Pattenden Lane Marden Kent TN12 9QJ

Dymatec Ltd

(Registration number: 10160931)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 1,200,000 | 1,200,000
Tangible assets | 5 | 810,261 | 929,928
|  | 2,010,261 | 2,129,928
Current assets |  |  |
Stocks | 6 | 1,387,618 | 1,464,870
Debtors | 7 | 1,691,745 | 1,651,459
Cash at bank and in hand |  | 241,451 | 159,224
|  | 3,320,814 | 3,275,553
Creditors: Amounts falling due within one year | 8 | (690,558) | (870,213)
Net current assets |  | 2,630,256 | 2,405,340
Total assets less current liabilities |  | 4,640,517 | 4,535,268
Creditors: Amounts falling due after more than one year | 8 | (1,755,577) | (1,727,816)
Net assets |  | 2,884,940 | 2,807,452
Capital and reserves |  |  |
Called up share capital | 9 | 600 | 600
Retained earnings |  | 2,884,340 | 2,806,852
Shareholders' funds |  | 2,884,940 | 2,807,452

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 July 2025 and signed on its behalf by:

......................................... Mr Vaughn Newton Director |  |

Dymatec Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
Units 11-14 Cemetery Road
Houghton Regis
Luton
Bedfordshire
LU5 5QH
United Kingdom

These financial statements were authorised for issue by the Board on 11 July 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Dymatec Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Hire Plant & Machinery | 25% reducing balance
Equipment | 25% reducing balance
Office Equipment | 25% reducing balance
Motor Vehicles | 25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. The directors do not feel that there has been any impairment to the goodwill and therefore it has not been amortized.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Dymatec Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 22 (2024 - 21).

Dymatec Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 May 2024 | 1,200,000 | 1,200,000
At 30 April 2025 | 1,200,000 | 1,200,000
Amortisation
Carrying amount
At 30 April 2025 | 1,200,000 | 1,200,000
At 30 April 2024 | 1,200,000 | 1,200,000

The aggregate amount of research and development expenditure recognised as an expense during the period is £1,539 (2024 - £(2,136)).

5 | Tangible assets

| Land and buildings £ | Fixtures and fittings £ | Plant and machinery £ | Office equipment £
Cost or valuation
At 1 May 2024 | 109,753 | 93,633 | 1,344,086 | 23,232
Additions | - | - | 74,960 | 1,132
Disposals | - | - | - | -
At 30 April 2025 | 109,753 | 93,633 | 1,419,046 | 24,364
Depreciation
At 1 May 2024 | - | 76,391 | 599,907 | 18,021
Charge for the year | - | 4,311 | 195,543 | 1,466
Eliminated on disposal | - | - | - | -
At 30 April 2025 | - | 80,702 | 795,450 | 19,487
Carrying amount
At 30 April 2025 | 109,753 | 12,931 | 623,596 | 4,877
At 30 April 2024 | 109,753 | 17,242 | 744,179 | 5,211

Dymatec Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

| Motor vehicles £ | Total £
Cost or valuation
At 1 May 2024 | 171,412 | 1,742,116
Additions | 40,741 | 116,833
Disposals | (64,273) | (64,273)
At 30 April 2025 | 147,880 | 1,794,676
Depreciation
At 1 May 2024 | 117,869 | 812,188
Charge for the year | 17,438 | 218,758
Eliminated on disposal | (46,531) | (46,531)
At 30 April 2025 | 88,776 | 984,415
Carrying amount
At 30 April 2025 | 59,104 | 810,261
At 30 April 2024 | 53,543 | 929,928

Included within the net book value of land and buildings above is £109,753 (2024 - £109,753) in respect of freehold land and buildings.

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 1,387,618 | 1,464,870

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 1,633,392 | 1,593,106
Other debtors | 58,353 | 58,353
| 1,691,745 | 1,651,459

Dymatec Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 10 | 6,393 | 83,116
Trade creditors |  | 175,537 | 200,163
Taxation and social security |  | 244,728 | 212,034
Accruals and deferred income |  | 5,900 | 155,900
Other creditors |  | 258,000 | 219,000
|  | 690,558 | 870,213

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 10 | 1,755,577 | 1,727,816

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
A Ordinary of £1 each | 200 | 200 | 200 | 200
B Ordinary of £1 each | 200 | 200 | 200 | 200
C Ordinary of £1 each | 200 | 200 | 200 | 200
| 600 | 600 | 600 | 600

10 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 1,755,577 | 1,727,816

Current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 6,393 | 83,116