2023-04-01 01431219 2024-03-31 01431219 2023-04-01 2024-03-31 01431219 2023-03-31 01431219 2022-04-01 2023-03-31 01431219 uk-core:WithinOneYear 2023-03-31 01431219 uk-core:WithinOneYear 2024-03-31 01431219 uk-core:AfterOneYear 2023-03-31 01431219 uk-core:AfterOneYear 2024-03-31 01431219 uk-core:ShareCapital 2024-03-31 01431219 uk-core:ShareCapital 2023-03-31 01431219 uk-core:InvestmentPropertiesRevaluationReserve 2024-03-31 01431219 uk-core:InvestmentPropertiesRevaluationReserve 2023-03-31 01431219 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 01431219 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 01431219 uk-bus:Director1 2023-04-01 2024-03-31 01431219 uk-core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 01431219 uk-core:WithinOneYear 2024-03-31 01431219 uk-core:WithinOneYear 2023-03-31 01431219 uk-core:AfterOneYear uk-core:Secured 2024-03-31 01431219 uk-core:AfterOneYear uk-core:Secured 2023-03-31 iso4217:GBP xbrli:pure 01431219 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 01431219 uk-bus:FRS102 2023-04-01 2024-03-31 01431219 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 01431219 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Dukebay Limited
Registered Number:01431219
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Dukebay Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
01431219
As at 31 March 2024
Dukebay Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
672
841
2
3
156,000
476,000
Investment property
156,672
476,841
Current assets
Trade and other receivables
(17,533)
(20,942)
4
17,577
Cash and cash equivalents
298,422
277,480
44
Trade and other payables: amounts falling due within one year
(3,715)
(3,783)
5
(3,671)
273,697
Net current assets
Total assets less current liabilities
430,369
473,170
Trade and other payables: amounts falling due after more than one year
(23,630)
-
6
(25,101)
(25,182)
Provisions for liabilities
405,268
Net assets
424,358
Capital and reserves
Called up share capital
2
2
Fair value reserve
107,011
107,353
Retained earnings
298,255
317,003
405,268
424,358
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
01431219
For the year ended 31 March 2024
Dukebay Limited
Statement of Financial Position Continued
D A Horton Director
These financial statements were approved and authorised for issue by the Board on 31 December 2024 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 March 2024
Dukebay Limited
Notes to the Financial Statements
Statutory Information
Dukebay Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 01431219.
Registered address:
209-211 Whitham Road
Sheffield
S10 2SP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover represents rents receivable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Reducing balance
Fixtures and fittings
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
2. Property, plant and equipment
Fixtures and fittings
£
Cost or valuation
At 01 April 2023
20,485
At 31 March 2024
20,485
Provision for depreciation and impairment
At 01 April 2023
19,644
Charge for year
169
At 31 March 2024
19,813
At 31 March 2024
Net book value
672
At 31 March 2023
841
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6
For the year ended 31 March 2024
Dukebay Limited
Notes to the Financial Statements Continued
3. Investment property
Total
£
Fair value
At 01 April 2023
476,000
Disposals
(320,000)
At 31 March 2024
156,000
Net book value
At 31 March 2024
156,000
At 31 March 2023
476,000
The historic cost of these assets is £23,888 (2023: £343,466)..
4. Trade and other receivables
2023
2024
£
£
Other debtors
(20,942)
(17,533)
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
-
2,000
Taxation and social security
3,064
-
Other creditors
719
1,715
3,783
3,715
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
-
4,347
Bank loans and overdraft (secured)
-
19,283
-
23,630
7. Average number of persons employed
During the year the average number of employees was 0
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