1 November 2020 false No description of principal activity Taxfiler 2022.8.3 10423487business:PrivateLimitedCompanyLtd2020-11-012021-10-31 104234872020-10-31 104234872020-11-012021-10-31 10423487business:AuditExemptWithAccountantsReport2020-11-012021-10-31 10423487business:FullAccounts2020-11-012021-10-31 104234872021-10-31 10423487business:Director12020-11-012021-10-31 10423487business:RegisteredOffice2020-11-012021-10-31 104234872020-10-31 10423487core:WithinOneYear2021-10-31 10423487core:WithinOneYear2020-10-31 10423487core:AfterOneYear2021-10-31 10423487core:AfterOneYear2020-10-31 10423487core:ShareCapital2021-10-31 10423487core:ShareCapital2020-10-31 10423487core:RetainedEarningsAccumulatedLosses2021-10-31 10423487core:RetainedEarningsAccumulatedLosses2020-10-31 10423487business:SmallEntities2020-11-012021-10-31 10423487countries:EnglandWales2020-11-012021-10-31 10423487core:MotorVehicles2020-10-31 10423487core:MotorVehicles2021-10-31 10423487core:MotorVehicles2020-11-012021-10-31 104234872019-11-012020-10-31 iso4217:GBP xbrli:pure
Company Registration No. 10423487 (England and Wales)
DUZCE TRANSPORT LTD Unaudited accounts for the year ended 31 October 2021
DUZCE TRANSPORT LTD Unaudited accounts Contents
Page
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DUZCE TRANSPORT LTD Company Information for the year ended 31 October 2021
Director
Wade Terry
Company Number
10423487 (England and Wales)
Registered Office
15 CHERRY GARDENS SAWBR?DGEWORTH HERTFORDSHIRE CM21 9DW
Accountants
GRAND CONSULTANCY (LONDON) LIMITED 60 MILLMEAD BUSINESS CENTER MILLMEAD ROAD LONDON N17 9QU
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DUZCE TRANSPORT LTD Statement of financial position as at 31 October 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,454 
9,042 
Current assets
Cash at bank and in hand
22,430 
(764)
Creditors: amounts falling due within one year
(23,964)
(5,987)
Net current liabilities
(1,534)
(6,751)
Total assets less current liabilities
5,920 
2,291 
Creditors: amounts falling due after more than one year
(9,500)
(9,500)
Net liabilities
(3,580)
(7,209)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(3,680)
(7,309)
Shareholders' funds
(3,580)
(7,209)
For the year ending 31 October 2021 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.
The financial statements were approved by the Board and authorised for issue on 4 August 2022 and were signed on its behalf by
Wade Terry Director Company Registration No. 10423487
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DUZCE TRANSPORT LTD Notes to the Accounts for the year ended 31 October 2021
1
Statutory information
DUZCE TRANSPORT LTD is a private company, limited by shares, registered in England and Wales, registration number 10423487. The registered office is 15 CHERRY GARDENS, SAWBR?DGEWORTH, HERTFORDSHIRE , CM21 9DW.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 November 2020
11,027 
At 31 October 2021
11,027 
Depreciation
At 1 November 2020
1,985 
Charge for the year
1,588 
At 31 October 2021
3,573 
Net book value
At 31 October 2021
7,454 
At 31 October 2020
9,042 
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DUZCE TRANSPORT LTD Notes to the Accounts for the year ended 31 October 2021
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
5,099 
4,419 
Taxes and social security
87 
168 
Other creditors
974 
- 
Loans from directors
(11,229)
1,400 
Accruals
29,033 
- 
23,964 
5,987 
6
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
9,500 
9,500 
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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