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REGISTERED NUMBER: 06916126 (England and Wales)














DUPLICUT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024






DUPLICUT LIMITED (REGISTERED NUMBER: 06916126)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

DUPLICUT LIMITED

COMPANY INFORMATION
for the year ended 31 May 2024







DIRECTORS: B Boustead
Mrs K A Boustead





REGISTERED OFFICE: 39 Kings Road
Sutton Coldfield
West Midlands
B73 5AB





REGISTERED NUMBER: 06916126 (England and Wales)





ACCOUNTANTS: Equus Miller Limited
Chartered Certified Accountants
Brook House
47 High Street
Henley in Arden
Warwickshire
B95 5AA

DUPLICUT LIMITED (REGISTERED NUMBER: 06916126)

BALANCE SHEET
31 May 2024

31/5/24 31/5/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 44,586 34,874
44,586 34,874

CURRENT ASSETS
Stocks 6 23,470 22,360
Debtors 7 21,479 19,443
Cash at bank 123,743 121,080
168,692 162,883
CREDITORS
Amounts falling due within one year 8 75,310 74,379
NET CURRENT ASSETS 93,382 88,504
TOTAL ASSETS LESS CURRENT
LIABILITIES

137,968

123,378

PROVISIONS FOR LIABILITIES 10,280 5,748
NET ASSETS 127,688 117,630

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 127,588 117,530
SHAREHOLDERS' FUNDS 127,688 117,630

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 February 2025 and were signed on its behalf by:





B Boustead - Director


DUPLICUT LIMITED (REGISTERED NUMBER: 06916126)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 May 2024

1. STATUTORY INFORMATION

Duplicut Limited 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.

Turnover
Turnover represents net invoiced sale of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and equipment - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

DUPLICUT LIMITED (REGISTERED NUMBER: 06916126)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 230,000
AMORTISATION
At 1 June 2023
and 31 May 2024 230,000
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property equipment fittings vehicles Totals
£    £    £    £    £   
COST
At 1 June 2023 5,779 74,886 45,547 82,123 208,335
Additions - - 1,192 35,097 36,289
Disposals - - - (18,212 ) (18,212 )
At 31 May 2024 5,779 74,886 46,739 99,008 226,412
DEPRECIATION
At 1 June 2023 1,156 64,491 42,054 65,760 173,461
Charge for year 1,156 6,355 1,386 9,468 18,365
Eliminated on disposal - - - (10,000 ) (10,000 )
At 31 May 2024 2,312 70,846 43,440 65,228 181,826
NET BOOK VALUE
At 31 May 2024 3,467 4,040 3,299 33,780 44,586
At 31 May 2023 4,623 10,395 3,493 16,363 34,874

6. STOCKS
31/5/24 31/5/23
£    £   
Stocks 23,470 22,360

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Trade debtors 13,288 15,016
Other debtors 7,276 2,804
Prepayments 915 1,623
21,479 19,443

DUPLICUT LIMITED (REGISTERED NUMBER: 06916126)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Trade creditors 5,132 3,903
Corporation tax payable 9,983 12,383
Social security & other taxes 1,815 1,240
VAT 13,485 12,935
Other creditors 2,131 2,418
Directors' loan accounts 39,924 38,770
Accrued expenses 2,840 2,730
75,310 74,379

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/5/24 31/5/23
value: £    £   
100 Ordinary £1 100 100

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DUPLICUT LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Duplicut Limited for the year ended 31 May 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Duplicut Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Duplicut Limited and state those matters that we have agreed to state to the Board of Directors of Duplicut Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Duplicut Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Duplicut Limited. You consider that Duplicut Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Duplicut Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Equus Miller Limited
Chartered Certified Accountants
Brook House
47 High Street
Henley in Arden
Warwickshire
B95 5AA


21 February 2025