Registered Number: 07250138
## DYNAMIC SUPPORT OF GREATER MANCHESTER LTD
Report of the Directors and Unaudited Financial Statements
## **Period of accounts**
**Start date:** 31 May 2022 **End date:** 30 May 2023
DYNAMIC SUPPORT OF GREATER MANCHESTER LTD Contents Page For the year ended 30 May 2023
|Company information|3|
|---|---|
|Directors' report|4|
|Accountants' report|6|
|Income statement|7|
|Statement of financial position|8|
|Notes to the financial statements|10|
|Detailed income statement|13|
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DYNAMIC SUPPORT OF GREATER MANCHESTER LTD Company Information For the year ended 30 May 2023
**Directors** Malika Miriam FULKO Ebelle Moussinga GLADYS Nosheela RASHID Yvonne Edouke RILEY Alsidqy SOZAN **Registered Number** 07250138 **Registered Office** AQUARIUS COMMUNITY CENTRE 21 EDEN CLOSE MANCHESTER M15 6AX **Accountants** PVG Accounting Services & Consultancy Ltd 344 Moston Lane Manchester M40 9JS **Bankers** NATWEST BANK
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DYNAMIC SUPPORT OF GREATER MANCHESTER LTD Directors' Report For the year ended 30 May 2023
## **Director's report and financial statements**
The directors present his/her/their annual report and the financial statements for the year ended 30 May 2023.
## **Principal activities**
Principal activity of the company during the financial year was provision of community well-being projects to improve the health and well-being of women and girls in Greater Manchester and the provision of a support network through various activities.
Dynamic Support of Greater Manchester is a registered charity whose objective are to relieve poverty and distress in Greater Manchester and in Africa; to promote the benefit of BAME women and girls and their dependants; to promote their good health and well being and provide recreational facilities in the interest of social welfare.
## **Directors**
The directors who served the company throughout the year were as follows:
Malika Miriam FULKO
Ebelle Moussinga GLADYS Nosheela RASHID Yvonne Edouke RILEY Alsidqy SOZAN
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DYNAMIC SUPPORT OF GREATER MANCHESTER LTD Directors' Report For the year ended 30 May 2023
## **Statement of directors' responsibilities**
The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to :
- select suitable accounting policies and then apply them consistently
- make judgements and accounting estimates that are reasonable and prudent
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions
This report was approved by the board and signed on its behalf by:
----------------------------------
Yvonne Edouke RILEY Director
Date approved: 28 February 2024
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DYNAMIC SUPPORT OF GREATER MANCHESTER LTD Accountants' Report For the year ended 30 May 2023
## Accountant’s report
You consider that the company is exempt from an audit for the year ended 30 May 2023 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
PVG Accounting Services & Consultancy Ltd 30 May 2023
....................................................
PVG Accounting Services & Consultancy Ltd 344 Moston Lane
Manchester M40 9JS 28 February 2024
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## DYNAMIC SUPPORT OF GREATER MANCHESTER LTD Income Statement For the year ended 30 May 2023
|**Notes**
**Turnover**
Cost of sales
**Gross profit**
Selling and distribution costs
Administrative expenses
**Operating loss**
2
**Profit/(Loss) on ordinary activities before taxation**
Tax on profit on ordinary activities
**Profit/(Loss) for the financial year**|**2023**
**£**
45,806
(70)
**45,736**
(2,322)
(46,179)
**(2,765)**
**(2,765)**
0
**(2,765)**|**2022**
**£**
37,026
0|
|---|---|---|
|||**37,026**
(5,504)
(43,700)|
|||**(12,178)**|
|||**(12,178)**
0|
|||**(12,178)**|
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## DYNAMIC SUPPORT OF GREATER MANCHESTER LTD Statement of Financial Position As at 30 May 2023
|**Notes**
**Fixed assets**
Tangible fixed assets
4
**Current assets**
Cash at bank and in hand
**Creditors: amount falling due within one year**
5
**Net current liabilities**
**Total assets less current liabilities**
**Creditors: amount falling due after more than one**
**year**
6
**Net liabilities**
**Capital and reserves**
Profit and loss account
7
**Shareholder's funds**|**2023**
**£**
23,159
**23,159**
1,878
(13,816)
**(11,938)**
11,221
(18,787)
**(7,566)**
(7,566)
**(7,566)**|**2022**
**£**
20,560|
|---|---|---|
|||**20,560**
3,437
(10,012)|
|||**(6,575)**|
|||13,985
(18,787)|
|||**(4,802)**|
|||(4,802)|
|||**(4,802)**|
For the year ended 30 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
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DYNAMIC SUPPORT OF GREATER MANCHESTER LTD Statement of Financial Position As at 30 May 2023
The financial statements were approved by the board of directors on 28 February 2024 and were signed on its behalf by:
-------------------------------
Yvonne Edouke RILEY Director
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DYNAMIC SUPPORT OF GREATER MANCHESTER LTD Notes to the Financial Statements For the year ended 30 May 2023
## **General Information**
DYNAMIC SUPPORT OF GREATER MANCHESTER LTD is a private company, limited by shares, registered in , registration number 07250138, registration address AQUARIUS COMMUNITY CENTRE, 21 EDEN CLOSE MANCHESTER, M15 6AX.
The presentation currency is £ sterling.
## **1. Accounting policies**
## **Significant accounting policies**
## **Statement of compliance**
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
## **Basis of preparation**
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
## **Turnover**
Turnover comprises of donations from people and grants.
## **Tangible fixed assets**
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles 12.75% Reducing Balance Fixtures and Fittings 20% Reducing Balance
## **2. Operating profit/(loss)**
|**Operating profit/(loss)**|||
|---|---|---|
||**2023**|**2022**|
||**£**|**£**|
|The operating loss is stated after charging:|||
|Depreciation of tangible fixed assets|2,992|3,553|
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DYNAMIC SUPPORT OF GREATER MANCHESTER LTD Notes to the Financial Statements For the year ended 30 May 2023
## **3. Average number of employees**
Average number of employees during the year was 7 (2022 : 7).
## **4. Tangible fixed assets**
|**Cost or valuation**
At 31 May 2022
Additions
Disposals
At 30 May 2023
**Depreciation**
At 31 May 2022
Charge for year
On disposals
At 30 May 2023
**Net book values**
Closing balance as at 30 May 2023
Opening balance as at 31 May 2022|Motor
Vehicles
**£**
21,576
-
-
**21,576**
5,151
2,094
-
**7,245**
**14,331**
**16,425**|Fixtures
and Fittings
**£**
4,238
-
-
**4,238**
1,526
542
-
**2,068**
**2,170**
**2,712**|Computer
Equipment
**£**
1,898
5,590
-
**7,488**
475
355
-
**830**
**6,658**
**1,423**|**Total**
**£**
27,712
5,590
-|
|---|---|---|---|---|
|||||**33,302**|
|||||7,152
2,991
-|
|||||**10,143**|
|||||**23,159**|
|||||**20,560**|
## **5. Creditors: amount falling due within one year**
|Bank Loans & Overdrafts
Accrued Expenses
Other Creditors
Directors' Current Accounts|**2023**
**£**
8,002
1,640
3,221
953
**13,816**|**2022**
**£**
8,002
1,190
820
0
**10,012**|
|---|---|---|
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## DYNAMIC SUPPORT OF GREATER MANCHESTER LTD Notes to the Financial Statements For the year ended 30 May 2023
## **6. Creditors: amount falling due after more than one year**
|**Creditors: amount falling due after more than one year**|||
|---|---|---|
|Bank Loans & Overdrafts|**2023**
**£**
18,787
**18,787**|**2022**
**£**
18,787|
|||**18,787**|
## **7. Profit and loss account**
|**Profit and loss account**||
|---|---|
|Balance at 31 May 2022
Loss for the year
Balance at 30 May 2023|**2023**
**£**
(4,801)
(2,765)|
||**(7,566)**|
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## DYNAMIC SUPPORT OF GREATER MANCHESTER LTD Detailed Income Statement For the year ended 30 May 2023
|**Turnover**
Other Income
Gifts & Donation
Grants & Subsidies Received
**Cost of sales**
Direct Wages & Salaries
Gross profit
**Selling and distribution costs**
Packaging Materials
Vehicle Hire
Vehicle Maintenance
Vehicle Insurance
Storage
**Administrative expenses**
Wages & Salaries
Staff Training
Other Staff-Related Expenses
Accountancy Fees
Legal and Professional Fees (Allowable)
Rates & Water
Rent
Light, Heat & Power
Petrol and Oil
Motor Licenses and Insurances
General Travel Expenses
Bank Charges
Depreciation Charge: Motor Vehicles
Depreciation Charge: Fixtures & Fittings
Depreciation Charge: Computer Equipment
Advertising
Entertainment|70|**2023**
**£**
3,888
1,369
40,549
**45,806**
(70)
**45,736**
(2,322)
|
0|**2022**
**£**
0
6,726
30,300|
|---|---|---|---|---|
|||||**37,026**
0|
||0
1,032
0
0
1,290||
20
0
3,912
1,572
0||
|||||**37,026**
(5,504)|
||3,549
600
974
1,350
2,285
1,021
11,511
77
1,204
1,207
3,333
12
2,094
542
356
13
200||0
0
0
450
300
1,891
2,650
932
0
0
2,616
0
2,400
678
475
1,240
621||
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DYNAMIC SUPPORT OF GREATER MANCHESTER LTD Detailed Income Statement For the year ended 30 May 2023
|General Insurance
Computer Expenses
Repairs & Renewals
Stationery & Postage
Telephone, Fax & Internet
Sundry Expenses
Catering Expenses
Classes & Activities
Volunteer Expenses
Subscription
Members & General Welfare
Bid Application
Events
Food Bank
Women's Training
Operating loss
**Profit/(Loss) on ordinary activities before**
**taxation**
**Profit/(Loss) for the financial year**|133
60
376
834
376
348
0
0
0
333
0
110
1,000
11,482
799|
(46,179)
**(2,765)**
**(2,765)**
**(2,765)**|400
436
508
486
470
2,489
15,049
4,808
1,726
380
2,695
0
0
0
0|(43,700)|
|---|---|---|---|---|
||||||
|||||**(12,178)**|
|||||**(12,178)**|
|||||**(12,178)**|
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