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REGISTERED NUMBER: 07059519 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 July 2024

for

Duo Tech Holdings Limited

Duo Tech Holdings Limited (Registered number: 07059519)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Report of the Director 2

Balance Sheet 3

Notes to the Financial Statements 4


Duo Tech Holdings Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: B Baker





REGISTERED OFFICE: Feeder Road
Bristol
BS2 0TH





REGISTERED NUMBER: 07059519 (England and Wales)





ACCOUNTANTS: Kingscote Accountancy Limited
77-81 Alma Road
Clifton
Bristol
BS8 2DP

Duo Tech Holdings Limited (Registered number: 07059519)

Report of the Director
for the Year Ended 31 July 2024

The director presents his report with the financial statements of the company for the year ended 31 July 2024.

DIRECTORS
B Baker has held office during the whole of the period from 1 August 2023 to the date of this report.

Other changes in directors holding office are as follows:

M Colman - resigned 13 September 2023
S Madan - resigned 13 September 2023

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





B Baker - Director


29 April 2025

Duo Tech Holdings Limited (Registered number: 07059519)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5,133 7,138

CURRENT ASSETS
Stocks 27,079 108,314
Debtors 5 11,203 58,694
Cash at bank 4,974 3,215
43,256 170,223
CREDITORS
Amounts falling due within one year 6 14,874 51,105
NET CURRENT ASSETS 28,382 119,118
TOTAL ASSETS LESS CURRENT LIABILITIES 33,515 126,256

CREDITORS
Amounts falling due after more than one year 7 (18,914 ) (29,003 )

PROVISIONS FOR LIABILITIES (184 ) (254 )
NET ASSETS 14,417 96,999

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 14,317 96,899
SHAREHOLDERS' FUNDS 14,417 96,999

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2025 and were signed by:



B Baker - Director


Duo Tech Holdings Limited (Registered number: 07059519)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Duo Tech Holdings 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 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.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

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 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Duo Tech Holdings Limited (Registered number: 07059519)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 36,113
DEPRECIATION
At 1 August 2023 28,975
Charge for year 2,005
At 31 July 2024 30,980
NET BOOK VALUE
At 31 July 2024 5,133
At 31 July 2023 7,138

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 7,238 55,104
Other debtors 3,965 3,590
11,203 58,694

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 9,888 42,329
Taxation and social security 1,326 8,776
Other creditors 3,660 -
14,874 51,105

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 18,914 29,003

Duo Tech Holdings Limited (Registered number: 07059519)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
B Baker
Balance outstanding at start of year - -
Amounts advanced 5,000 12,000
Amounts repaid (1,000 ) (12,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,000 -

9. RELATED PARTY DISCLOSURES

During the year Duo Tech Holdings Ltd recharged £18,139 of administration costs to Bristol Television Film Services Ltd.

Bristol Television Film Services Ltd is a connected company due to its Director B Baker.

During the year Duo Tech Holdings Ltd purchased goods and services totalling £11,969 from Colman Holdings Ltd and Colman Packaging Ltd, both of which are connected companies by virtue of their Director M Colman.

During the year Duo Tech Holdings Ltd purchased services totalling £321 from Coaction Consulting Ltd, a connected company by virtue of its Director S Madan.