REGISTERED NUMBER: 04608998 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

DYNOMEC LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Brain

REGISTERED OFFICE:

Units 1 & 2, School Street

The Potteries

Castleford

West Yorkshire

WF10 1NZ

REGISTERED NUMBER:

04608998 (England and Wales)

ACCOUNTANTS:

Fortus Limited

3 Park Square East

Leeds

LS1 2NE

FIXED ASSETS

Intangible assets

4

10,676

12,770

Tangible assets

5

756,195

826,471

766,871

839,241

CURRENT ASSETS

Stocks

30,000

23,961

Debtors

6

268,101

624,717

Cash at bank and in hand

361,671

273,870

659,772

922,548

CREDITORS

Amounts falling due within one year

7

108,523

212,377

NET CURRENT ASSETS

551,249

710,171

TOTAL ASSETS LESS CURRENT LIABILITIES

1,318,120

1,549,412

PROVISIONS FOR LIABILITIES

154,886

135,595

NET ASSETS

1,163,234

1,413,817

CAPITAL AND RESERVES

Called up share capital

25

25

Capital redemption reserve

25

25

Retained earnings

1,163,184

1,413,767

SHAREHOLDERS' FUNDS

1,163,234

1,413,817

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

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 24 December 2025 and were signed by:

D Brain - Director

1.	STATUTORY INFORMATION

Dynomec 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.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of twenty five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

15% straight line

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 5 (2023 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 January 2024

and 31 December 2024

52,337

AMORTISATION

At 1 January 2024

39,567

Amortisation for year

2,094

At 31 December 2024

41,661

NET BOOK VALUE

At 31 December 2024

10,676

At 31 December 2023

12,770

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

204,080

1,458,045

81,645

1,743,770

Additions

-

8,287

51,788

60,075

Disposals

-

-

(53,000

)

(53,000

)

At 31 December 2024

204,080

1,466,332

80,433

1,750,845

DEPRECIATION

At 1 January 2024

80,941

768,848

67,510

917,299

Charge for year

4,082

102,810

12,716

119,608

Eliminated on disposal

-

-

(42,257

)

(42,257

)

At 31 December 2024

85,023

871,658

37,969

994,650

NET BOOK VALUE

At 31 December 2024

119,057

594,674

42,464

756,195

At 31 December 2023

123,139

689,197

14,135

826,471

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Motor

vehicles

£

COST

At 1 January 2024

53,000

Disposals

(53,000

)

At 31 December 2024

-

DEPRECIATION

At 1 January 2024

42,257

Eliminated on disposal

(42,257

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

10,743

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

91,760

499,586

Director's current account

-

22,764

Tax

169,144

95,837

Prepayments

7,197

6,530

268,101

624,717

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

10,705

56,949

Corporation tax

18,223

27

Social security and other taxes

1,498

1,966

Other Creditors

1,033

-

VAT

61,274

138,032

Accrued expenses

15,790

15,403

108,523

212,377