AD DYNAMO UK LIMITED

AD DYNAMO UK LIMITED

AD DYNAMO UK LIMITED - Company Information

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AD DYNAMO UK LIMITED

Company Registration Number:
08744588 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2017

Period of accounts

Start date: 01 November 2016

End date: 31 October 2017

AD DYNAMO UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2017

Balance sheet
Notes

AD DYNAMO UK LIMITED

Balance sheet

As at 31 October 2017


Notes
2017
2016


£
£
Fixed assets
Intangible assets: 3 20,051 391,661
Total fixed assets: 20,051 391,661
Current assets
Debtors:   358,999 209,903
Cash at bank and in hand: 414,719 112,028
Total current assets: 773,718 321,931
Creditors: amounts falling due within one year:   (481,470) (296,762)
Net current assets (liabilities): 292,248 25,169
Total assets less current liabilities: 312,299 416,830
Creditors: amounts falling due after more than one year:   (525,482) (403,902)
Total net assets (liabilities): (213,183) 12,928
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (213,184) 12,927
Shareholders funds: (213,183) 12,928

The notes form part of these financial statements

AD DYNAMO UK LIMITED

Balance sheet statements

For the year ending 31 October 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 June 2018
and signed on behalf of the board by:

Name: Sean Riley
Status: Director

The notes form part of these financial statements

AD DYNAMO UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover shown in the profit and loss account represents revenue recognised by thecompany in respect of goods and services supplied during the period, exclusive of Value AddedTax and trade discounts.

Tangible fixed assets and depreciation policy

Fixed Assets depreciation is not applicable.

Intangible fixed assets and amortisation policy

Intangible assets are represented by intragrouploan receivables.

Valuation and information policy

The accounts have been prepared under the historical cost convention, less any accumulated impairments where necessary.

Other accounting policies

None.

AD DYNAMO UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

2. Employees

2017 2016
Average number of employees during the period 4 2

AD DYNAMO UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

3. Intangible Assets

Total
Cost £
At 01 November 2016 391,661
Disposals (371,610)
At 31 October 2017 20,051
Net book value
At 31 October 2017 20,051
At 31 October 2016 391,661

AD DYNAMO UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

4. Related party transactions

Name of the related party: Ad Dynamo International (Pty) Limited
Relationship:
Ultimate Parent Company
Description of the Transaction: Intra-Group Loan
£
Balance at 01 November 2016 403,902
Balance at 31 October 2017 525,482
Name of the related party: Ad Dynamo Marketplace Media Limited
Relationship:
Fellow Subsidiary
Description of the Transaction: Intra-Group Loan
£
Balance at 01 November 2016 328,581
Balance at 31 October 2017 14,402
Name of the related party: Parent Company
Relationship:
Parent
Description of the Transaction: Intra-Group Loan
£
Balance at 01 November 2016 1,014
Balance at 31 October 2017 1,014