Dynamic Technology Services Ltd - Period Ending 2019-05-31

Registration number: 10789467

Dynamic Technology Services Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2019

Murray Harcourt Partners LLP
Chartered Accountants
6 Queen Street
Leeds
West Yorkshire
LS1 2TW

Dynamic Technology Services Ltd

Profit and Loss Account for the Year Ended 31 May 2019

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

The notes on pages 3 to 4 form an integral part of these financial statements.

Page 1

Dynamic Technology Services Ltd

(Registration number: 10789467)
Balance Sheet as at 31 May 2019

	Note	2019 £	2018 £
Current assets
Debtors	3	600	600
Capital and reserves
Called up share capital	4	600	600
Total equity		600	600

For the financial year ending 31 May 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 31 January 2020 and signed on its behalf by:
 

.........................................

Mr James Baird
Director

The notes on pages 3 to 4 form an integral part of these financial statements.

Page 2

Dynamic Technology Services Ltd

Notes to the Financial Statements for the Year Ended 31 May 2019

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Junxion House
Station Approach
Leeds
LS5 3HR

These financial statements were authorised for issue by the Board on 31 January 2020.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Debtors

	2019 £	2018 £
Other debtors	600	600
	600	600

4	Share capital

Allotted, called up and not fully paid shares

Page 3

Dynamic Technology Services Ltd

Notes to the Financial Statements for the Year Ended 31 May 2019

	2019		2018
	No.	£	No.	£
A ordinary shares of £0.01 each	10,000	100.00	10,000	100.00
B ordinary shares of £1 each	100	100	100	100
C ordinary shares of £1 each	100	100	100	100
D ordinary shares of £1 each	100	100	100	100
E ordinary shares of £1 each	100	100	100	100
F ordinary shares of £1 each	100	100	100	100
	10,500	600	10,500	600

Page 4