Company Registration No. 12591519 (England and Wales)
Duchy Group Limited
Unaudited accounts
for the period from 1 June 2022 to 31 December 2022
Duchy Group Limited
Unaudited accounts
Contents
Duchy Group Limited
Statement of financial position
as at 31 December 2022
Tangible assets
285,712
19,900
Cash at bank and in hand
2,390
11,072
Creditors: amounts falling due within one year
(237,748)
(11,400)
Net current assets/(liabilities)
105,227
(328)
Total assets less current liabilities
390,939
19,572
Creditors: amounts falling due after more than one year
(243,740)
-
Called up share capital
10,000
10,000
Profit and loss account
137,199
9,572
Shareholders' funds
147,199
19,572
For the period ending 31 December 2022 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 29 September 2022 and were signed on its behalf by
James Edward Shelton
Director
Company Registration No. 12591519
Duchy Group Limited
Notes to the Accounts
for the period from 1 June 2022 to 31 December 2022
Duchy Group Limited is a private company, limited by shares, registered in England and Wales, registration number 12591519. The registered office is The Yard, Carnhot Farm House, Carnhot, Truro, Cornwall, TR4 8HB, UK.
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 period, 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.
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
3 Years
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
19,900
-
-
19,900
Additions
123,660
148,857
1,844
274,361
At 31 December 2022
143,560
148,857
1,844
294,261
Charge for the period
8,293
-
256
8,549
At 31 December 2022
8,293
-
256
8,549
At 31 December 2022
135,267
148,857
1,588
285,712
At 31 May 2022
19,900
-
-
19,900
5
Debtors
31/12/2022
31/05/2022
Amounts falling due within one year
Duchy Group Limited
Notes to the Accounts
for the period from 1 June 2022 to 31 December 2022
6
Creditors: amounts falling due within one year
31/12/2022
31/05/2022
Obligations under finance leases and hire purchase contracts
60,935
-
Taxes and social security
29,804
-
Other creditors
78,375
5,700
Loans from directors
66,500
5,700
7
Creditors: amounts falling due after more than one year
31/12/2022
31/05/2022
Obligations under finance leases and hire purchase contracts
243,740
-
8
Average number of employees
During the period the average number of employees was 0 (31/05/2022: 0).