Company Registration No. 06561469 (England and Wales)
Duckeye Limited
Unaudited accounts
for the year ended 30 April 2024
Duckeye Limited
Unaudited accounts
Contents
Duckeye Limited
Company Information
for the year ended 30 April 2024
Company Number
06561469 (England and Wales)
Registered Office
THE ORCHARD
MITHIAN
ST AGNES
CORNWALL
TR5 0QF
ENGLAND
Accountants
Gain Accountancy Ltd
The Orchard
Mithian
St Agnes
Cornwall
TR5 0QF
Duckeye Limited
Statement of financial position
as at 30 April 2024
Tangible assets
4,863
5,622
Cash at bank and in hand
5,207
1,044
Creditors: amounts falling due within one year
(14,642)
(8,345)
Net current liabilities
(2,590)
(4,062)
Total assets less current liabilities
2,273
1,560
Provisions for liabilities
Called up share capital
4
4
Profit and loss account
1,345
488
Shareholders' funds
1,349
492
For the year ending 30 April 2024 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 2 October 2024 and were signed on its behalf by
J Malaiperuman
Director
Company Registration No. 06561469
Duckeye Limited
Notes to the Accounts
for the year ended 30 April 2024
Duckeye Limited is a private company, limited by shares, registered in England and Wales, registration number 06561469. The registered office is THE ORCHARD, MITHIAN, ST AGNES, CORNWALL, TR5 0QF, ENGLAND.
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 year, 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.
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 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:
Plant & machinery
18% on reducing balance
General & Deferred taxation
Taxation for the year 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 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 arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Duckeye Limited
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Accrued income and prepayments
149
-
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,896
5,733
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
3,239
-
-
3,239
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).