Dynamic Balancing Northwest Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08270031 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Dynamic Balancing Northwest Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

G Dawson

REGISTERED OFFICE:

Enterprise House

The Courtyard

Old Courthouse Road

Bromborough

Merseyside

CH62 4UE

REGISTERED NUMBER:

08270031 (England and Wales)

ACCOUNTANTS:

LBW Chartered Accountants

Enterprise House

The Courtyard

Old Courthouse Road

Bromborough

Merseyside

CH62 4UE

FIXED ASSETS

Tangible assets

4

26,487

22,531

CURRENT ASSETS

Debtors

5

-

2,214

Cash at bank

614

-

614

2,214

CREDITORS

Amounts falling due within one year

6

15,738

18,760

NET CURRENT LIABILITIES

(15,124

)

(16,546

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

11,363

5,985

CREDITORS

Amounts falling due after more than one
year

7

16,705

21,325

NET LIABILITIES

(5,342

)

(15,340

)

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

(5,442

)

(15,440

)

SHAREHOLDERS' FUNDS

(5,342

)

(15,340

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 director and authorised for issue on 7 November 2025 and were signed by:

G Dawson - Director

1.	STATUTORY INFORMATION

Dynamic Balancing Northwest Ltd 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.

The financial statements have been prepared on the basis that the enterprise will continue in operational existence for the foreseeable future. This means in particular that the profit and loss account and balance sheet assume no intention nor necessity to liquidate nor curtail significantly the scale of operation. Further, the financial statements have been prepared on the basis that continued support will be given by the company's bankers and creditors.

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 etc

-

25% on reducing balance and 15% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 April 2024

39,465

8,000

47,465

Additions

8,783

-

8,783

At 31 March 2025

48,248

8,000

56,248

DEPRECIATION

At 1 April 2024

18,240

6,694

24,934

Charge for year

4,501

326

4,827

At 31 March 2025

22,741

7,020

29,761

NET BOOK VALUE

At 31 March 2025

25,507

980

26,487

At 31 March 2024

21,225

1,306

22,531

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

-

2,214

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

4,650

7,016

Taxation and social security

8,271

9,314

Other creditors

2,817

2,430

15,738

18,760

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

Bank loans

16,705

21,325

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

519

3,325

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary Shares

£1

100

9.

RESERVES

Retained

earnings

£

At 1 April 2024

(15,440

)

Profit for the year

20,298

Dividends

(10,300

)

At 31 March 2025

(5,442

)

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,300 (2024 - £26,000) were paid to the director .

Included in other creditors at the year end is an amount of £1,068 owed by the company to Director Mr Gary Dawson.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is G Dawson.

12.	CONTINGENT ASSET

The directors and shareholders are aware that they have paid dividends in excess of available reserves to the extent that the Companies Act 2006 was contravened. However the directors and shareholders were unable to reasonably foresee that this problem might arise at the time the interim dividends were paid. Subsequently, the directors have confirmed that it is their intention to restore a positive balance on reserves and to rectify the problem at the earliest available opportunity as required by the Companies Act 2006.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dynamic Balancing Northwest Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Dynamic Balancing Northwest Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dynamic Balancing Northwest Ltd and state those matters that we have agreed to state to the director of Dynamic Balancing Northwest Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dynamic Balancing Northwest Ltd and its director for our work or for this report.

It is your duty to ensure that Dynamic Balancing Northwest Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dynamic Balancing Northwest Ltd. You consider that Dynamic Balancing Northwest Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dynamic Balancing Northwest Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

LBW Chartered Accountants

Enterprise House

The Courtyard

Old Courthouse Road

Bromborough

Merseyside

CH62 4UE

Date: .............................................