Dynahurst Limited - Accounts to registrar (filleted) - small 18.2

Dynahurst Limited - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 01679820 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2019

FOR

DYNAHURST LIMITED

DYNAHURST LIMITED (REGISTERED NUMBER: 01679820)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30TH NOVEMBER 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DYNAHURST LIMITED

COMPANY INFORMATION
for the Year Ended 30TH NOVEMBER 2019







DIRECTORS: Mr D Dewhurst
Mrs C V Dewhurst
Mrs G Shaw



SECRETARY: Mrs C V Dewhurst



REGISTERED OFFICE: 327 Clifton Drive South
Lytham St. Annes
Lancashire
FY8 1HN



REGISTERED NUMBER: 01679820 (England and Wales)



ACCOUNTANTS: Whitehead & Howarth
327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN



BANKERS: NatWest Bank plc
Stone Staffs Branch
Granville Square
Stone
Staffordshire
ST18 8AE

DYNAHURST LIMITED (REGISTERED NUMBER: 01679820)

BALANCE SHEET
30TH NOVEMBER 2019

30/11/19 30/11/18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 72,874 44,153

CURRENT ASSETS
Debtors 5 1,360,047 1,365,482
Cash at bank 425,049 368,289
1,785,096 1,733,771
CREDITORS
Amounts falling due within one year 6 1,254,546 1,238,625
NET CURRENT ASSETS 530,550 495,146
TOTAL ASSETS LESS CURRENT
LIABILITIES

603,424

539,299

CREDITORS
Amounts falling due after more than one
year

7

66,926

35,967
NET ASSETS 536,498 503,332

CAPITAL AND RESERVES
Called up share capital 9 10,000 10,000
Retained earnings 526,498 493,332
SHAREHOLDERS' FUNDS 536,498 503,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2019 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.

DYNAHURST LIMITED (REGISTERED NUMBER: 01679820)

BALANCE SHEET - continued
30TH NOVEMBER 2019


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 on 27th January 2020 and were signed on its behalf
by:





Mr D Dewhurst - Director


DYNAHURST LIMITED (REGISTERED NUMBER: 01679820)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30TH NOVEMBER 2019

1. STATUTORY INFORMATION

Dynahurst 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.

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.

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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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.

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.

DYNAHURST LIMITED (REGISTERED NUMBER: 01679820)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30TH NOVEMBER 2019

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2018 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1st December 2018 7,257 32,095 69,969 109,321
Additions - 231 89,926 90,157
Disposals - - (69,969 ) (69,969 )
At 30th November 2019 7,257 32,326 89,926 129,509
DEPRECIATION
At 1st December 2018 7,076 25,721 32,371 65,168
Charge for year 36 1,321 22,482 23,839
Eliminated on disposal - - (32,372 ) (32,372 )
At 30th November 2019 7,112 27,042 22,481 56,635
NET BOOK VALUE
At 30th November 2019 145 5,284 67,445 72,874
At 30th November 2018 181 6,374 37,598 44,153

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1st December 2018 69,969
Additions 89,926
Disposals (69,969 )
At 30th November 2019 89,926
DEPRECIATION
At 1st December 2018 32,371
Charge for year 22,482
Eliminated on disposal (32,372 )
At 30th November 2019 22,481
NET BOOK VALUE
At 30th November 2019 67,445
At 30th November 2018 37,598

DYNAHURST LIMITED (REGISTERED NUMBER: 01679820)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30TH NOVEMBER 2019

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/19 30/11/18
£    £   
Trade debtors 1,264,943 1,248,663
Bank trade debtor financing 94,210 110,267
Directors' current accounts 884 410
Prepayments 10 6,142
1,360,047 1,365,482

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/19 30/11/18
£    £   
Hire purchase contracts 14,527 7,581
Trade creditors 1,205,333 1,184,003
Tax 11,886 20,417
Social security and other taxes 3,205 2,385
VAT 12,791 19,146
Directors' current accounts 4,804 3,093
Accrued expenses 2,000 2,000
1,254,546 1,238,625

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/11/19 30/11/18
£    £   
Hire purchase contracts 66,926 35,967

8. SECURED DEBTS

The following secured debts are included within creditors:

30/11/19 30/11/18
£    £   
Hire purchase contracts 81,453 43,548

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30/11/19 30/11/18
value: £    £   
10,000 Ordinary £1 10,000 10,000

10. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors who own 100% of the issued share capital.