Dynamic Manufacturing Sol Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05292055 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 March 2014

for

DYNAMIC MANUFACTURING SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

K A J Evans

Mrs K A Evans

SECRETARY:

Mrs K A Evans

REGISTERED OFFICE:

25 Barnes Wallis Road

Segensworth East

Fareham

Hampshire

PO15 5TT

REGISTERED NUMBER:

05292055 (England and Wales)

ACCOUNTANTS:

Loveless Hunter Accountancy Services Ltd

The Sawyers House

113 London Road

Horndean

Hampshire

PO8 0BJ

FIXED ASSETS

Tangible assets

2

6,533

11,392

CURRENT ASSETS

Stocks

7,228

13,650

Debtors

76,471

61,682

Cash at bank and in hand

50,000

31,782

133,699

107,114

CREDITORS

Amounts falling due within one year

94,758

71,391

NET CURRENT ASSETS

38,941

35,723

TOTAL ASSETS LESS CURRENT LIABILITIES

45,474

47,115

CREDITORS

Amounts falling due after more than one year

17,077

22,223

NET ASSETS

28,397

24,892

CAPITAL AND RESERVES

Called up share capital

3

100

2

Profit and loss account

28,297

24,890

SHAREHOLDERS' FUNDS

28,397

24,892

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 6 August 2014 and were signed on its behalf by:

K A J Evans - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

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 the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

30,521

DEPRECIATION

At 1 April 2013

19,129

Charge for year

4,859

At 31 March 2014

23,988

NET BOOK VALUE

At 31 March 2014

6,533

At 31 March 2013

11,392

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

2

(2013 - 2 )