1 May 2023 false No description of principal activity Taxfiler 2024.6.1 11326655business:PrivateLimitedCompanyLtd2023-05-012024-04-30 113266552023-04-30 113266552023-05-012024-04-30 11326655business:AuditExempt-NoAccountantsReport2023-05-012024-04-30 11326655business:FilletedAccounts2023-05-012024-04-30 113266552024-04-30 11326655business:Director12023-05-012024-04-30 11326655business:Director22023-05-012024-04-30 11326655business:RegisteredOffice2023-05-012024-04-30 113266552023-04-30 11326655core:WithinOneYear2024-04-30 11326655core:WithinOneYear2023-04-30 11326655core:AfterOneYear2024-04-30 11326655core:AfterOneYear2023-04-30 11326655core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 11326655core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 11326655core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 11326655core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 11326655core:PreviouslyStatedAmount2024-04-30 11326655core:PreviouslyStatedAmount2023-04-30 11326655business:SmallEntities2023-05-012024-04-30 11326655countries:EnglandWales2023-05-012024-04-30 11326655core:MotorVehicles2023-05-012024-04-30 11326655core:MotorVehicles2023-04-30 11326655core:MotorVehicles2024-04-30 113266552022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 11326655 (England and Wales)
Duroe Decorating Services Ltd Unaudited accounts for the year ended 30 April 2024
Duroe Decorating Services Ltd Unaudited accounts Contents
Page
- 2 -
Duroe Decorating Services Ltd Company Information for the year ended 30 April 2024
Directors
Lee Duroe Sarah Duroe
Company Number
11326655 (England and Wales)
Registered Office
23 Wood Street Wood End Atherstone Warwickshire CV9 2QJ
Accountants
R M Accountancy Services Ltd The Old Post Office 137-139 Long Street Dordon Staffordshire B78 1SH
- 3 -
Duroe Decorating Services Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,397 
17,996 
Current assets
Debtors
442 
6,493 
Cash at bank and in hand
9,008 
1,102 
9,450 
7,595 
Creditors: amounts falling due within one year
(7,661)
298 
Net current assets
1,789 
7,893 
Total assets less current liabilities
16,186 
25,889 
Creditors: amounts falling due after more than one year
(12,720)
(21,392)
Net assets
3,466 
4,497 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
3,465 
4,496 
Shareholders' funds
3,466 
4,497 
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 directors acknowledge their 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 of Directors and authorised for issue on 23 January 2025 and were signed on its behalf by
Lee Duroe Director Company Registration No. 11326655
- 4 -
Duroe Decorating Services Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Duroe Decorating Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 11326655. The registered office is 23 Wood Street, Wood End, Atherstone, Warwickshire, CV9 2QJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed 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. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Presentation currency
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:
Motor vehicles
20% Reducing balance
Leased assets
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
- 5 -
Duroe Decorating Services Ltd Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 May 2023
22,496 
At 30 April 2024
22,496 
Depreciation
At 1 May 2023
4,500 
Charge for the year
3,599 
At 30 April 2024
8,099 
Net book value
At 30 April 2024
14,397 
At 30 April 2023
17,996 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
3,406 
Trade debtors
- 
2,720 
Accrued income and prepayments
442 
367 
442 
6,493 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,328 
2,972 
VAT
3,092 
- 
Obligations under finance leases and hire purchase contracts
5,999 
5,999 
Trade creditors
3,506 
2,749 
Taxes and social security
5,037 
4,148 
Loans from directors
(12,301)
(16,166)
7,661 
(298)
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,472 
6,145 
Obligations under finance leases and hire purchase contracts
9,248 
15,247 
12,720 
21,392 
8
Average number of employees
During the year the average number of employees was 2 (2023: 3).
- 6 -