REGISTERED NUMBER: 06574029 (England and Wales)

Abbreviated Accounts for the Year Ended 30 April 2013

for

Dynamic Solar Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr P Preidzius

REGISTERED OFFICE:

Unit 5

Old UPVC Factory Block

MIll Road

Cambridge

CB1 2AZ

REGISTERED NUMBER:

06574029 (England and Wales)

FIXED ASSETS

Tangible assets

2

22,595

30,198

CURRENT ASSETS

Stocks

60,084

298,980

Debtors

328,159

146,775

Cash at bank and in hand

25,729

84,469

413,972

530,224

CREDITORS

Amounts falling due within one year

393,444

370,217

NET CURRENT ASSETS

20,528

160,007

TOTAL ASSETS LESS CURRENT LIABILITIES

43,123

190,205

CREDITORS

Amounts falling due after more than one year

(3,615

)

(5,423

)

PROVISIONS FOR LIABILITIES

(2,630

)

(11,521

)

NET ASSETS

36,878

173,261

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

35,878

172,261

SHAREHOLDERS' FUNDS

36,878

173,261

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 31 January 2014 and were signed by:

Mr P Preidzius - 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, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete

and slow moving items.

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over

the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2012

40,487

Additions

1,232

At 30 April 2013

41,719

DEPRECIATION

At 1 May 2012

10,289

Charge for year

8,835

At 30 April 2013

19,124

NET BOOK VALUE

At 30 April 2013

22,595

At 30 April 2012

30,198

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.13

30.4.12

value:

£

£

1,000

Ordinary share capital

1

1,000

1,000

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 30 April 2013 the company owed £70,184 (2012: £47,093) to Mr P Preidzius a director of the

company. This loan is unsecured and interest free and is included in creditors amounts falling due within

one year; but it is not expected to be repaid by 30 April 2014.