Company Registration No. 08247353 (England and Wales)
Dynamic Numbers Limited
Unaudited accounts
for the year ended 31 December 2017
Dynamic Numbers Limited
Unaudited accounts
Contents
Dynamic Numbers Limited
Company Information
for the year ended 31 December 2017
Company Number
08247353 (England and Wales)
Registered Office
35 Richmond Road
Malvern
Worcestershire
WR14 1NE
Accountants
Hilary D Baker
65 Beningfield Drive
London Colney
St Albans
Herts
AL2 1UX
Dynamic Numbers Limited
Statement of financial position
as at 31 December 2017
Intangible assets
24,157
7,141
Tangible assets
7,884
9,167
Cash at bank and in hand
3,619
697
Creditors: amounts falling due within one year
(18,184)
(22,816)
Net current liabilities
(13,965)
(22,119)
Net assets/(liabilities)
18,076
(5,811)
Called up share capital
90
2
Profit and loss account
(19,854)
(5,813)
Shareholders' funds
18,076
(5,811)
For the year ending 31 December 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 17 May 2018.
M J Atkinson
Director
Company Registration No. 08247353
Dynamic Numbers Limited
Notes to the Accounts
for the year ended 31 December 2017
Dynamic Numbers Limited is a private company, limited by shares, registered in England and Wales, registration number 08247353. The registered office is 35 Richmond Road, Malvern, Worcestershire, WR14 1NE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The company is conducting initial research into innovative software solutions and the director has agreed to continue funding the shortfall for the foreseeable future. As a result the director has adopted the going concern basis of accounting.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Straight line over 5 years
Intangible fixed assets are included at cost less accumulated amortisation.
The research and developments costs are to be amortised in a straight line over five years
Dynamic Numbers Limited
Notes to the Accounts
for the year ended 31 December 2017
4
Intangible fixed assets
Other
At 31 December 2017
28,466
At 31 December 2017
24,157
The intangible fixed assets relates to research and development costs on innovative software
5
Tangible fixed assets
Computer equipment
At 31 December 2017
10,767
7
Creditors: amounts falling due within one year
2017
2016
Amounts owed to group undertakings and other participating interests
18,166
-
Taxes and social security
-
(2,115)
Dynamic Numbers Limited
Notes to the Accounts
for the year ended 31 December 2017
Allotted, called up and fully paid:
- Ordinary shares of £1 each
-
2
9,000 Ordinary shares of £0.01 each
90
-
Shares issued during the period:
9,000 Ordinary shares of £0.01 each
90
The company is a 66.66% subsidiary of Utelize Communications Limited (Registration number: 07462310) (Registered office: 35 Richmond Road, Malvern, Worcestershire, WR14 1NE)
10
Average number of employees
During the year the average number of employees was 1 (2016: 1).
