DYMAC UK LTD 31/07/2025 iXBRL

Company registration number: 13533638

DYMAC UK LTD

Unaudited filleted financial statements

31 July 2025

DYMAC UK LTD

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

DYMAC UK LTD

Directors and other information


Directors	Mr Luis Salazar
	Mr Damian Mccabe
	Mr Martin Laverty	(Resigned 20 May 2025)


Company number	13533638


Registered office	Snarestone Road
	Newton Burgoland
	Leicestershire
	LE67 2SN


Business address	Snarestone Road
	Newton Burgoland
	Leicestershire
	LE67 2SN


Accountants	Corr & Corr
	The Cornmill
	Coalisland
	Dungannon
	Tyrone
	BT71 4LP




	Bankers	Barclays Bank
		1 Churchill Place
		London
		E14 5HP

DYMAC UK LTD

Report to the board of directors on the preparation of the

unaudited statutory financial statements of DYMAC UK LTD

Year ended 31 July 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DYMAC UK LTD for the year ended 31 July 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.

This report is made solely to the board of directors of DYMAC UK LTD, as a body, in accordance with the terms of our engagement letter dated 1 August 2025. Our work has been undertaken solely to prepare for your approval the financial statements of DYMAC UK LTD and state those matters that we have agreed to state to the board of directors of DYMAC UK LTD as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DYMAC UK LTD and its board of directors as a body for our work or for this report.

It is your duty to ensure that DYMAC UK 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 loss of DYMAC UK LTD. You consider that DYMAC UK 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 DYMAC UK 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.

Corr & Corr

Chartered Accountant

The Cornmill

Coalisland

Dungannon

Tyrone

BT71 4LP

30 July 2026

DYMAC UK LTD

Statement of financial position

31 July 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	89,026		87,525
		_______		_______
			89,026		87,525

Current assets
Stocks		428,023		377,750
Debtors	6	71,524		78,358
Cash at bank and in hand		175,986		39,099
		_______		_______
		675,533		495,207
Creditors: amounts falling due
within one year	7	( 1,030,859)		( 618,464)
		_______		_______
Net current liabilities			( 355,326)		( 123,257)
			_______		_______
Total assets less current liabilities			( 266,300)		( 35,732)

Creditors: amounts falling due
after more than one year	8		( 8,333)		( 14,583)
			_______		_______
Net liabilities			( 274,633)		( 50,315)
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			( 274,733)		( 50,415)
			_______		_______
Shareholders deficit			( 274,633)		( 50,315)
			_______		_______

For the year ending 31 July 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 30 July 2026 , and are signed on behalf of the board by:

Mr Damian Mccabe Mr Luis Salazar

Director Director

Company registration number: 13533638

DYMAC UK LTD

Notes to the financial statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is DYMAC UK LTD, Snarestone Road, Newton Burgoland, Leicestershire, LE67 2SN.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Research and development

Research expenditure is written off in the year in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Short leasehold property	-	20 %	reducing balance
Plant and machinery	-	20 %	reducing balance
Fittings fixtures and equipment	-	20 %	reducing balance
Motor vehicles	-	20 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2024: 6 ).

5. Tangible assets

	Short leasehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 August 2024	1,983	24,263	31,137	42,111	99,494
Additions	-	-	1,788	20,808	22,596
Disposals	-	-	( 318)	-	( 318)
	_______	_______	_______	_______	_______
At 31 July 2025	1,983	24,263	32,607	62,919	121,772
	_______	_______	_______	_______	_______
Depreciation
At 1 August 2024	268	999	4,954	5,748	11,969
Charge for the year	343	4,653	5,385	10,397	20,778
Disposals	-	-	( 1)	-	( 1)
	_______	_______	_______	_______	_______
At 31 July 2025	611	5,652	10,338	16,145	32,746
	_______	_______	_______	_______	_______
Carrying amount
At 31 July 2025	1,372	18,611	22,269	46,774	89,026
	_______	_______	_______	_______	_______
At 31 July 2024	1,715	23,264	26,183	36,363	87,525
	_______	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	71,116	75,937
Other debtors	408	2,421
	_______	_______
	71,524	78,358
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	828	3
Trade creditors	779,816	411,275
Social security and other taxes	49,066	4,477
Other creditors	201,149	202,709
	_______	_______
	1,030,859	618,464
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	8,333	14,583
	_______	_______

9. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Luis Salazar	( 167,977)	-	-	( 167,977)
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Luis Salazar	( 185,214)	( 30,115)	47,352	( 167,977)
		_______	_______	_______	_______

10. Related party transactions

During the year the company entered into the following transactions with related parties:

	Balance owed by/(owed to)
	2025	2024
	£	£
Dymac Global Ltd (Ireland) - Supplier	( 587,166)	( 206,367)
Dymac Global Ltd (UK) - Supplier	( 141,857)	( 171,384)
Dymac India - Supplier	-	-
DTS Engineering Limited - Supplier	-	-
Dymac Global Ltd (Ireland) - Customer	-	-
Dymac Global Ltd (UK) - Customer	-	-
Dymac India - Customer	-	-
DTS Engineering Limited - Customer	-	-
	_______	_______

DTS Engineering Limited (ROI), Dymac Global Limited (ROI) and Dymac Global Ltd , are all trading entities that company shareholder and director, Mr Damian McCabe is a director and shareholder of. Dymac India is a trading entity, that Mr Damian McCabe is a director of.