Dynamic Recruitment Consultants Limited

Dynamic Recruitment Consultants Limited
Directors' Report
For the year ended 31 October 2025

Director's report and financial statements

The directors present their annual report and the financial statements for the year ended 31 October 2025

Directors

The directors who served the company throughout the year were as follows:

S A Finnerty

L J Finnerty (from 03/10/2025)

Miss S F O Driscoll (from 22/08/1996 to 07/12/2024)

Statement of directors' responsibilities

The directors are responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:

----------------------------------
S A Finnerty
Director

Date approved: 21 October 2026

Dynamic Recruitment Consultants Limited
Statement of Financial Position
As at 31 October 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	1,687,658	502,090
		1,687,658	502,090
Current assets
Stocks	4	60,000	1,011,593
Debtors	5	24,733	34,738
Cash at bank and in hand		415,881	405,570
		500,614	1,451,901
Creditors: amount falling due within one year	6	(127,268)	(34,059)
Net current assets		373,346	1,417,842

Total assets less current liabilities		2,061,004	1,919,932
Provisions for liabilities	7	(10,664)	(38,627)
Net assets		2,050,340	1,881,305

Capital and reserves
Called up share capital		100	100
Revaluation Reserves	8	122,425	297,425
Profit and loss account		1,927,815	1,583,780
Shareholders' funds		2,050,340	1,881,305

For the year ended 31 October 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 21 October 2026 and were signed on its behalf by:

-------------------------------
S A Finnerty
Director

Dynamic Recruitment Consultants Limited
Statement of Changes in Equity
For the year ended 31 October 2025

	Equity share capital	Revaluation reserve	Retained Earnings	Total
	£	£	£	£
At 01 November 2023	100		1,653,113	1,653,213
Profit/(Loss) for the year			258,092	258,092
Revaluation of Fixed Assets		297,425		297,425
Transfers to/from other reserves			(297,425)	(297,425)
Total comprehensive income for the year	-	297,425	(39,333)	258,092
Dividends			(30,000)	(30,000)
Total investments by and distributions to owners	-	-	(30,000)	(30,000)
At 31 October 2024	100	297,425	1,583,780	1,881,305
At 01 November 2024	100	297,425	1,583,779	1,881,304
Profit/(Loss) for the year			169,036	169,036
Revaluation of Fixed Assets		(175,000)		(175,000)
Transfers to/from other reserves			175,000	175,000
Total comprehensive income for the year	-	(175,000)	344,036	169,036
Total investments by and distributions to owners	-	-	-	-
At 31 October 2025	100	122,425	1,927,815	2,050,340

Dynamic Recruitment Consultants Limited
Notes to the Financial Statements
For the year ended 31 October 2025

General Information

Dynamic Recruitment Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 03243174, registration address 6 Dobree Avenue, London, England, NW10 2AE.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102(1A) The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of income, 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 statement of financial position date.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 and 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.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 0 years.

If there is an indication that there has been a significant change in amortisation rate or residual value of an asset, the amortisation of that asset is revised prospectively to reflect the new expectations.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment - 25% reducing balance method
Motor Vehicle - 20% straight line method
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount and an impairment loss is recognised immediately in profit or loss.
If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.

Investment properties are recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Stocks and work in progress

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

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any forseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Debtors

Short term debtors are measured at transaction price less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised costs using the effective interest method.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs and are subsequently measured at amortised costs using the effective interest method.

2.	Average number of employees Average number of employees during the period was 3 (2024 : 3).

Tangible fixed assets

Cost or valuation	Investment properties	Plant and machinery etc	Total
	£	£	£
At 01 November 2024	450,000	56,480	506,480
Additions	-	1,623	1,623
Disposals	-	-	-
Revaluations	(175,000)	-	(175,000)
Transfers	1,370,000	-	1,370,000
At 31 October 2025	1,645,000	58,103	1,703,103
Depreciation
At 01 November 2024	-	4,390	4,390
Charge for year	-	11,055	11,055
On disposals	-	-	-
At 31 October 2025	-	15,445	15,445
Net book values
Closing balance as at 31 October 2025	1,645,000	42,658	1,687,658
Opening balance as at 01 November 2024	450,000	52,090	502,090

Valuation of Investment Properties

The investment properties were valued on an open market basis by Dutch & Dutch property Advisors and Berrys at 31 October 2025 (2024 - by the director of Dynamic Recruitment Consultants Limited).

Fair value at 31 October 2025 is represented by:

.		Investment Properties £
Transfer from Tangible Fixed Assets in 2024		450,000
Valuation in 2025		(175,000)
Transfer from Work In Progress in 2025		1,370,000
		1,645,000

Stocks

	2025 £		2024 £
Work in Progress	60,000		1,011,593
	60,000		1,011,593

Debtors: amounts falling due within one year

	2025 £		2024 £
Other Debtors	24,733		34,738
	24,733		34,738

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	10,208	5,183
Taxation and Social Security	89,451	0
Other Creditors	27,609	28,876
	127,268	34,059

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	10,664		38,627
	10,664		38,627

Revaluation Reserves

	2025 £	2024 £
Revaluation Reserve b/fwd	297,425	0
Revaluation of Fixed Assets	(175,000)	297,425
	122,425	297,425

Advances and Credits

S A Finnerty
The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

Miss S F O'Driscoll
The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

Current year (2025)

	Brought Forward £	Amount £	Repaid £	Carry Forward £
S A Finnerty	10,465	19,633	12,663	17,435
Miss S F O'Driscoll	1,500	0	1,500	0
	11,965	19,633	14,163	17,435

Previous year (2024)

	Brought Forward £	Amount £	Carry Forward £
S A Finnerty	395	10,070	10,465
Miss S F O'Driscoll	(157)	1,657	1,500
	238	11,727	11,965

10.	Ultimate Controlling Party The company is under the control of the Executors of Miss S F O'Driscoll (deceased).

11.

Revaluation Reserves

.		2025 £		2024 £
Revaluation of Fixed Assets		122,425		297,425
		122,425		297,425