Brand Dynamix Limited - Period Ending 2016-07-31

BRAND DYNAMIX LIMITED - Company Information

Registration number: 08595970

Brand Dynamix Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 July 2016

Michael J Emery & Co Limited
22 St John Street
Newport Pagnell
Buckinghamshire
MK16 8HJ

Brand Dynamix Limited

Contents

Accountants' Report	1
Abbreviated Balance Sheet	2
Notes to the Abbreviated Accounts	3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Brand Dynamix Limited
for the Year Ended 31 July 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Brand Dynamix Limited for the year ended 31 July 2016 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Brand Dynamix Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Brand Dynamix Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brand Dynamix Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Brand Dynamix Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Brand Dynamix Limited. You consider that Brand Dynamix Limited 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 accounts of Brand Dynamix Limited. 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 accounts.

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

Michael J Emery & Co Limited
22 St John Street
Newport Pagnell
Buckinghamshire
MK16 8HJ

Date:.............................

Page 1

Brand Dynamix Limited

(Registration number: 08595970)
Abbreviated Balance Sheet as at 31 July 2016

	Note	2016 £	2015 £
Fixed assets
Tangible assets	2	2,820	1,809
Current assets
Debtors		15,664	13,033
Cash at bank and in hand		13,275	11,019
		28,939	24,052
Prepayments and accrued income		-	119
Creditors: Amounts falling due within one year		(14,510)	(11,865)
Net current assets		14,429	12,306
Total assets less current liabilities		17,249	14,115
Provisions for liabilities		(564)	(362)
Accruals and deferred income		(480)	(1,020)
Net assets		16,205	12,733
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		16,204	12,732
Shareholders funds		16,205	12,733

For the year ending 31 July 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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 by the director on 23 November 2016

.........................................
Miss AC Muscat
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Brand Dynamix Limited

Notes to the Abbreviated Accounts

Accounting policies

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Revenue recognition

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	33% on cost

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Fixed assets

	Tangible assets £	Total £
Cost
At 1 August 2015	1,875	1,875
Additions	1,771	1,771
At 31 July 2016	3,646	3,646
Depreciation
At 1 August 2015	66	66
Charge for the year	760	760
At 31 July 2016	826	826
Net book value
At 31 July 2016	2,820	2,820
At 31 July 2015	1,809	1,809

Page 3

Brand Dynamix Limited

Notes to the Abbreviated Accounts

Share capital

Allotted, called up and fully paid shares

	2016		2015
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1

Control

The director is the controlling party by virtue of her controlling shareholding in the company.

Page 4