Registered number
10353180
Dual Aspect Home Improvements Ltd
Filleted Accounts
31 October 2024
Dual Aspect Home Improvements Ltd
Registered number: 10353180
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 5,620 7,493
Current assets
Stocks 142,488 140,548
Debtors 4 552,757 503,480
Cash at bank and in hand 60,396 73,742
755,641 717,770
Creditors: amounts falling due within one year 5 (95,223) (99,233)
Net current assets 660,418 618,537
Total assets less current liabilities 666,038 626,030
Creditors: amounts falling due after more than one year 6 (7,500) (37,500)
Net assets 658,538 588,530
Capital and reserves
Called up share capital 100 100
Profit and loss account 658,438 588,430
Shareholder's funds 658,538 588,530
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr J Town
Director
Approved by the board on 21 July 2025
Dual Aspect Home Improvements Ltd
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 3
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 November 2023 17,403
At 31 October 2024 17,403
Depreciation
At 1 November 2023 9,910
Charge for the year 1,873
At 31 October 2024 11,783
Net book value
At 31 October 2024 5,620
At 31 October 2023 7,493
4 Debtors 2024 2023
£ £
Trade debtors 98,758 81,255
Amounts owed by group undertakings and undertakings in which the company has a participating interest 452,821 421,091
Other debtors 1,178 1,134
552,757 503,480
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 30,000 30,000
Trade creditors 11,250 4,829
Amounts owed to group undertakings and undertakings in which the company has a participating interest 5,304 31,504
Taxation and social security costs 46,569 30,106
Directors loan 979 1,421
Other creditors 1,121 1,373
95,223 99,233
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 7,500 37,500
7 Related party transactions
Intercompany loan balance of £432,714 (2023: £355,685) due from Dual Aspect Glass Ltd, a company having a director in common with the company.

Intercompany loan balance of £20,106 (2023: £65,406) due from Revolution Design Globad Ltd, a company having a director in common with the company.

Intercompany loan balance of £5,304 (2023: £31,504) due to Dual Aspect Holdings Ltd, a company having a director in common with the company.

No transactions with related parties, other than disclosed above or elsewhere in the financial statements, were undertaken such as are required to be disclosed under FRS 102.
8 Other information
Dual Aspect Home Improvements Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Unit 1 and Unit 2 Tavis
Business Centre
Ashford
Kent
TN24 0YY
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