Company registration number:
02638128
Duocell Limited
Unaudited filleted financial statements
31 August 2024
Duocell Limited
Contents
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Duocell Limited
Statement of financial position
31 August 2024
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2024 |
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2023 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Tangible assets |
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6 |
96 |
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127 |
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_______ |
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_______ |
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96 |
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127 |
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Current assets |
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Investments |
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7 |
300 |
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300 |
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Cash at bank and in hand |
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4 |
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291 |
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_______ |
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_______ |
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304 |
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591 |
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Creditors: amounts falling due |
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within one year |
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8 |
(
70,528) |
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(
74,518) |
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_______ |
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_______ |
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Net current liabilities |
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(
70,224) |
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(
73,927) |
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_______ |
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_______ |
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Total assets less current liabilities |
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(
70,128) |
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(
73,800) |
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_______ |
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_______ |
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Net liabilities |
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(
70,128) |
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(
73,800) |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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9 |
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2 |
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2 |
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Profit and loss account |
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(
70,130) |
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(
73,802) |
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_______ |
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_______ |
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Shareholder deficit |
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(
70,128) |
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(
73,800) |
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_______ |
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_______ |
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For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
27 May 2025
, and are signed on behalf of the board by:
Mr Damian Todorev Boukliev
Director
Company registration number:
02638128
Duocell Limited
Statement of changes in equity
Year ended 31 August 2024
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Called up share capital |
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Profit and loss account |
Total |
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£ |
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£ |
£ |
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At 1 September 2022 |
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2 |
|
(
65,367) |
(
65,365) |
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Profit/(loss) for the year |
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(
8,435) |
(
8,435) |
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_______ |
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_______ |
_______ |
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Total comprehensive income for the year |
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- |
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(
8,435) |
(
8,435) |
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_______ |
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_______ |
_______ |
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At 31 August 2023 and 1 September 2023 |
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2 |
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(
73,802) |
(
73,800) |
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Profit/(loss) for the year |
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3,672 |
3,672 |
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_______ |
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_______ |
_______ |
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Total comprehensive income for the year |
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- |
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3,672 |
3,672 |
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_______ |
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_______ |
_______ |
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At 31 August 2024 |
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2 |
|
(
70,130) |
(
70,128) |
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_______ |
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_______ |
_______ |
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Duocell Limited
Notes to the financial statements
Year ended 31 August 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Deansway, London, N2 0JF.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Fittings fixtures and equipment |
- |
25% % |
reducing balance |
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4.
Staff costs
The aggregate payroll costs incurred during the year were:
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2024 |
2023 |
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£ |
£ |
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Wages and salaries |
|
5,720 |
6,240 |
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_______ |
_______ |
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5.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2023:
1
).
6.
Tangible assets
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Plant and machinery |
Fixtures, fittings and equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 September 2023 and 31 August 2024 |
9,322 |
2,290 |
11,612 |
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_______ |
_______ |
_______ |
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Depreciation |
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At 1 September 2023 |
9,321 |
2,164 |
11,485 |
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Charge for the year |
- |
31 |
31 |
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_______ |
_______ |
_______ |
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At 31 August 2024 |
9,321 |
2,195 |
11,516 |
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_______ |
_______ |
_______ |
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Carrying amount |
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At 31 August 2024 |
1 |
95 |
96 |
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_______ |
_______ |
_______ |
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At 31 August 2023 |
1 |
126 |
127 |
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_______ |
_______ |
_______ |
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7.
Investments
|
|
|
2024 |
2023 |
|
|
|
£ |
£ |
|
Other investments |
|
300 |
300 |
|
|
|
_______ |
_______ |
|
|
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8.
Creditors: amounts falling due within one year
|
|
|
2024 |
2023 |
|
|
|
£ |
£ |
|
Bank loans and overdrafts |
|
525 |
- |
|
Social security and other taxes |
|
- |
74 |
|
Other creditors |
|
70,003 |
74,444 |
|
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|
_______ |
_______ |
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|
70,528 |
74,518 |
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_______ |
_______ |
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9.
Called up share capital
Issued, called up and fully paid
|
|
|
2024 |
|
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2023 |
|
|
|
|
|
No |
|
£ |
|
No |
|
£ |
|
Ordinary shares shares of £
1.00 each |
|
2 |
|
2 |
|
2 |
|
2 |
|
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_______ |
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_______ |
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_______ |
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_______ |
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