2022-11-012023-10-312023-10-31false10537579DUX SHIPPING LTD2023-11-0746140iso4217:GBPxbrli:pure105375792022-11-01105375792023-10-31105375792022-11-012023-10-31105375792021-11-01105375792022-10-31105375792021-11-012022-10-3110537579bus:SmallEntities2022-11-012023-10-3110537579bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3110537579bus:AbridgedAccounts2022-11-012023-10-3110537579bus:PrivateLimitedCompanyLtd2022-11-012023-10-3110537579core:WithinOneYear2023-10-3110537579core:AfterOneYear2023-10-3110537579core:WithinOneYear2022-10-3110537579core:AfterOneYear2022-10-3110537579core:ShareCapital2023-10-3110537579core:SharePremium2023-10-3110537579core:RevaluationReserve2023-10-3110537579core:OtherReservesSubtotal2023-10-3110537579core:RetainedEarningsAccumulatedLosses2023-10-3110537579core:ShareCapital2022-10-3110537579core:SharePremium2022-10-3110537579core:RevaluationReserve2022-10-3110537579core:OtherReservesSubtotal2022-10-3110537579core:RetainedEarningsAccumulatedLosses2022-10-3110537579core:LandBuildings2023-10-3110537579core:PlantMachinery2023-10-3110537579core:Vehicles2023-10-3110537579core:FurnitureFittings2023-10-3110537579core:OfficeEquipment2023-10-3110537579core:NetGoodwill2023-10-3110537579core:IntangibleAssetsOtherThanGoodwill2023-10-3110537579core:ListedExchangeTraded2023-10-3110537579core:UnlistedNon-exchangeTraded2023-10-3110537579core:LandBuildings2022-10-3110537579core:PlantMachinery2022-10-3110537579core:Vehicles2022-10-3110537579core:FurnitureFittings2022-10-3110537579core:OfficeEquipment2022-10-3110537579core:NetGoodwill2022-10-3110537579core:IntangibleAssetsOtherThanGoodwill2022-10-3110537579core:ListedExchangeTraded2022-10-3110537579core:UnlistedNon-exchangeTraded2022-10-3110537579core:LandBuildings2022-11-012023-10-3110537579core:PlantMachinery2022-11-012023-10-3110537579core:Vehicles2022-11-012023-10-3110537579core:FurnitureFittings2022-11-012023-10-3110537579core:OfficeEquipment2022-11-012023-10-3110537579core:NetGoodwill2022-11-012023-10-3110537579core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3110537579core:ListedExchangeTraded2022-11-012023-10-3110537579core:UnlistedNon-exchangeTraded2022-11-012023-10-3110537579core:MoreThanFiveYears2022-11-012023-10-3110537579core:Non-currentFinancialInstruments2023-10-3110537579core:Non-currentFinancialInstruments2022-10-3110537579dpl:CostSales2022-11-012023-10-3110537579dpl:DistributionCosts2022-11-012023-10-3110537579core:LandBuildings2022-11-012023-10-3110537579core:PlantMachinery2022-11-012023-10-3110537579core:Vehicles2022-11-012023-10-3110537579core:FurnitureFittings2022-11-012023-10-3110537579core:OfficeEquipment2022-11-012023-10-3110537579dpl:AdministrativeExpenses2022-11-012023-10-3110537579core:NetGoodwill2022-11-012023-10-3110537579core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3110537579dpl:GroupUndertakings2022-11-012023-10-3110537579dpl:ParticipatingInterests2022-11-012023-10-3110537579dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3110537579core:ListedExchangeTraded2022-11-012023-10-3110537579dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3110537579core:UnlistedNon-exchangeTraded2022-11-012023-10-3110537579dpl:CostSales2021-11-012022-10-3110537579dpl:DistributionCosts2021-11-012022-10-3110537579core:LandBuildings2021-11-012022-10-3110537579core:PlantMachinery2021-11-012022-10-3110537579core:Vehicles2021-11-012022-10-3110537579core:FurnitureFittings2021-11-012022-10-3110537579core:OfficeEquipment2021-11-012022-10-3110537579dpl:AdministrativeExpenses2021-11-012022-10-3110537579core:NetGoodwill2021-11-012022-10-3110537579core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3110537579dpl:GroupUndertakings2021-11-012022-10-3110537579dpl:ParticipatingInterests2021-11-012022-10-3110537579dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3110537579core:ListedExchangeTraded2021-11-012022-10-3110537579dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3110537579core:UnlistedNon-exchangeTraded2021-11-012022-10-3110537579core:NetGoodwill2023-10-3110537579core:IntangibleAssetsOtherThanGoodwill2023-10-3110537579core:LandBuildings2023-10-3110537579core:PlantMachinery2023-10-3110537579core:Vehicles2023-10-3110537579core:FurnitureFittings2023-10-3110537579core:OfficeEquipment2023-10-3110537579core:AfterOneYear2023-10-3110537579core:WithinOneYear2023-10-3110537579core:ListedExchangeTraded2023-10-3110537579core:UnlistedNon-exchangeTraded2023-10-3110537579core:ShareCapital2023-10-3110537579core:SharePremium2023-10-3110537579core:RevaluationReserve2023-10-3110537579core:OtherReservesSubtotal2023-10-3110537579core:RetainedEarningsAccumulatedLosses2023-10-3110537579core:NetGoodwill2022-10-3110537579core:IntangibleAssetsOtherThanGoodwill2022-10-3110537579core:LandBuildings2022-10-3110537579core:PlantMachinery2022-10-3110537579core:Vehicles2022-10-3110537579core:FurnitureFittings2022-10-3110537579core:OfficeEquipment2022-10-3110537579core:AfterOneYear2022-10-3110537579core:WithinOneYear2022-10-3110537579core:Liste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DUX SHIPPING LTD

Registered Number
10537579
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

DUX SHIPPING LTD
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

DALYAN, Murat

Registered Address

Garden Floor East Wing Turkey Mill
Ashford Road
Maidstone
ME14 5PP

Registered Number

10537579 (England and Wales)
DUX SHIPPING LTD
Balance Sheet as at
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets52,0343,308
2,0343,308
Current assets
Debtors66,7913,013
Cash at bank and on hand1,2911,124
8,0824,137
Creditors amounts falling due within one year7(9,964)(6,944)
Net current assets (liabilities)(1,882)(2,807)
Total assets less current liabilities152501
Net assets152501
Capital and reserves
Called up share capital100100
Profit and loss account52401
Shareholders' funds152501
The financial statements were approved and authorised for issue by the Director on 7 November 2023, and are signed on its behalf by:
DALYAN, Murat
Director
Registered Company No. 10537579
DUX SHIPPING LTD
Notes to the Financial Statements
for the year ended 31 October 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment4
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
4.Employee information

20232022
Average number of employees during the year22
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 November 225,097
At 31 October 235,097
Depreciation and impairment
At 01 November 221,789
Charge for year1,274
At 31 October 233,063
Net book value
At 31 October 232,034
At 31 October 223,308
6.Debtors

2023

2022

££
Trade debtors / trade receivables2,0002,000
Other debtors4,7911,013
Total6,7913,013
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors within one year

2023

2022

££
Trade creditors / trade payables40864
Taxation and social security9,5566,726
Other creditors-154
Total9,9646,944
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.