REGISTERED NUMBER: 02960396 (England and Wales)

DYNAMIC FIREWORKS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JANUARY 2026

Page

Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

6

FIXED ASSETS

Intangible assets

4

(5,541

)

(9,974

)

Property, plant and equipment

5

105,101

77,524

Investments

6

150,002

150,002

249,562

217,552

CURRENT ASSETS

Stocks

369,586

464,000

Debtors

7

38,243

55,782

Cash at bank

1,226,808

1,200,772

1,634,637

1,720,554

CREDITORS

Amounts falling due within one year

8

(200,918

)

(280,809

)

NET CURRENT ASSETS

1,433,719

1,439,745

TOTAL ASSETS LESS CURRENT LIABILITIES

1,683,281

1,657,297

PROVISIONS FOR LIABILITIES

(22,880

)

(12,553

)

NET ASSETS

1,660,401

1,644,744

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

1,650,401

1,634,744

1,660,401

1,644,744

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

Mr N J Claydon - Director

1.	STATUTORY INFORMATION

Dynamic Fireworks 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:

02960396

Registered office:

Unit 18 Peartree Business Centre

Peartree Road

Stanway

Colchester

Essex

CO3 0JN

For the purposes of presentation, the financial statements are rounded to the nearest 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.

Goodwill

Goodwill is capitalised and subsequently amortised over the useful economic life of the asset to which it relates to. The goodwill is amortised in the accounts across a 5 year useful economic life.

Tangible fixed assets

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

Improvements to property

25% on reducing balance and 10% on cost

Equipment and website

15% on reducing balance and 20% on cost

Motor vehicles

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Stocks

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

Financial instruments

Basic financial instruments are recognised at amortised cost.

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.

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 20 (2025 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

(2,164

)

AMORTISATION

At 1 February 2025

7,810

Charge for year

(4,433

)

At 31 January 2026

3,377

NET BOOK VALUE

At 31 January 2026

(5,541

)

At 31 January 2025

(9,974

)

5.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Equipment

to

and

Motor

property

website

vehicles

Totals

£

£

£

£

COST

At 1 February 2025

56,329

116,139

33,699

206,167

Additions

-

48,076

250

48,326

Disposals

-

(9,617

)

-

(9,617

)

At 31 January 2026

56,329

154,598

33,949

244,876

DEPRECIATION

At 1 February 2025

29,299

94,067

5,277

128,643

Charge for year

5,389

8,255

7,105

20,749

Eliminated on disposal

-

(9,617

)

-

(9,617

)

At 31 January 2026

34,688

92,705

12,382

139,775

NET BOOK VALUE

At 31 January 2026

21,641

61,893

21,567

105,101

At 31 January 2025

27,030

22,072

28,422

77,524

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 February 2025

and 31 January 2026

396,004

PROVISIONS

At 1 February 2025

and 31 January 2026

246,002

NET BOOK VALUE

At 31 January 2026

150,002

At 31 January 2025

150,002

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

23,047

37,857

Other debtors

1,473

3,973

Prepayments and accrued income

13,723

13,952

38,243

55,782

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

17,804

15,342

Amounts owed to related undertakings

7,906

77,026

Corporation tax

59,705

53,532

Other taxes and social security

87,632

59,823

Directors' current accounts

1,018

706

Accruals and deferred income

26,853

74,380

200,918

280,809

9.	RELATED PARTY DISCLOSURES

Zeus Fireworks Limited

During the year, purchase invoices were received from Zeus Fireworks Limited totalling £337,532 (2025: £252,561) and payments totalling £414,557.

At the year end, the Company owed Zeus Fireworks a balance of £Nil (2025: £77,026).

This amount is unsecured, interest-free and is subject to standard credit terms.

Quantum Fireworks Ltd

During the year, purchase invoices were received from Quantum Fireworks Ltd totalling £150,408 (2025: £163,343) and payments totalling £142,502. Sales made totalled £6,057 (2025: £2,232), payments received amounted to £6,067 (2025: £2,232).

At the year end, a balance was due to Quantum Fireworks Ltd of £7,906 (2025: £Nil).

This amount is unsecured, interest-free and is subject to standard credit terms.

Remuneration of Family Members

During the year, remuneration was paid to family members of the directors of £42,760 (2025: £40,428) in total.