IRIS Accounts Production v24.1.0.578 14869414 Board of Directors Board of Directors 15.5.23 31.5.24 31.5.24 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh148694142023-05-14148694142024-05-31148694142023-05-152024-05-31148694142023-05-1414869414ns15:EnglandWales2023-05-152024-05-3114869414ns14:PoundSterling2023-05-152024-05-3114869414ns10:Director12023-05-152024-05-3114869414ns10:Director22023-05-152024-05-3114869414ns10:PrivateLimitedCompanyLtd2023-05-152024-05-3114869414ns10:SmallEntities2023-05-152024-05-3114869414ns10:AuditExempt-NoAccountantsReport2023-05-152024-05-3114869414ns10:SmallCompaniesRegimeForDirectorsReport2023-05-152024-05-3114869414ns10:SmallCompaniesRegimeForAccounts2023-05-152024-05-3114869414ns10:FullAccounts2023-05-152024-05-3114869414ns10:RegisteredOffice2023-05-152024-05-3114869414ns5:CurrentFinancialInstruments2024-05-3114869414ns5:Non-currentFinancialInstruments2024-05-3114869414ns5:ShareCapital2024-05-3114869414ns5:RetainedEarningsAccumulatedLosses2024-05-3114869414ns5:LandBuildings2023-05-152024-05-3114869414ns5:LandBuildings2024-05-3114869414ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3114869414ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-05-31
REGISTERED NUMBER: 14869414 (England and Wales)















Unaudited Financial Statements

for the Period 15 May 2023 to 31 May 2024

for

Duo Property Solutions Ltd

Duo Property Solutions Ltd (Registered number: 14869414)






Contents of the Financial Statements
for the Period 15 May 2023 to 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Duo Property Solutions Ltd

Company Information
for the Period 15 May 2023 to 31 May 2024







DIRECTORS: Miss T O Williams
Miss D Williams





REGISTERED OFFICE: 20-22 Wenlock Road
London
N1 7GU





REGISTERED NUMBER: 14869414 (England and Wales)





ACCOUNTANTS: ABP Chartered Certified Accountants
220 Lea Road
Wolverhampton
West Midlands
WV3 0LE

Duo Property Solutions Ltd (Registered number: 14869414)

Balance Sheet
31 May 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 143,000

CURRENT ASSETS
Debtors 5 4,125
Cash at bank 1,148
5,273
CREDITORS
Amounts falling due within one year 6 33,244
NET CURRENT LIABILITIES (27,971 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

115,029

CREDITORS
Amounts falling due after more than
one year

7

86,619
NET ASSETS 28,410

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings 28,408
28,410

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Duo Property Solutions Ltd (Registered number: 14869414)

Balance Sheet - continued
31 May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by:




Miss T O Williams - Director



Miss D Williams - Director


Duo Property Solutions Ltd (Registered number: 14869414)

Notes to the Financial Statements
for the Period 15 May 2023 to 31 May 2024

1. STATUTORY INFORMATION

Duo Property Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

Duo Property Solutions Ltd (Registered number: 14869414)

Notes to the Financial Statements - continued
for the Period 15 May 2023 to 31 May 2024

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST OR VALUATION
Additions 114,928
Revaluations 28,072
At 31 May 2024 143,000
NET BOOK VALUE
At 31 May 2024 143,000

Cost or valuation at 31 May 2024 is represented by:

Freehold
property
£   
Valuation in 2024 28,072
Cost 114,928
143,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 4,125

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 1
Taxation and social security 84
Other creditors 33,159
33,244

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Bank loans 86,619

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 86,619