Registered number
03847692
Douglas Business Services Ltd
Report and Accounts
31 December 2024
DOUGLAS DARKO & CO. LTD
Chartered Certified Accountants & Registered Auditors
342 Streatham High Road, 1st Floor
Streatham
London
SW16 6HH
Douglas Business Services Ltd
Report and accounts
Contents
Page
Company information1
Director's report2
Accountants' report3
Profit and loss account4
Balance sheet5
Statement of changes in equity6
Notes to the accounts7 - 8
Douglas Business Services Ltd
Company Information
Director
Mr Douglas S. Darko
Accountants
Douglas Darko & Company Limited
342 Streaham High Road
1st Floor,
Streatham
London
SW16 6HH
Registered office
342, Streatham High Road,
Streatham
London
SW16 6HH
Registered number
03847692
Douglas Business Services Ltd
Registered number: 03847692
Director's Report
The director presents his report and accounts for the year ended 31 December 2024.
Principal activities
The company's principal activity during the year continued to be provision of company services
Directors
The following persons served as directors during the year:
Mr Douglas S. Darko
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 31 October 2025 and signed on its behalf.
Mr. Douglas S Darko
Director
Douglas Business Services Ltd
Report to the director on the preparation of the unaudited statutory accounts of Douglas Business Services Ltd for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Douglas Business Services Ltd for the year ended 31 December 2024 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity 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://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Douglas Darko & Company Limited
Chartered Certified Accountants
342 Streaham High Road
1st Floor,
Streatham
London
SW16 6HH
31 October 2025
Douglas Business Services Ltd
Profit and Loss Account
for the year ended 31 December 2024
2024 2023
£ £
Turnover1,9201,741
Administrative expenses(1,808)(1,808)
Operating profit/(loss)112(67)
Profit/(loss) before taxation112(67)
Tax on profit/(loss)- -
Profit/(loss) for the financial year112(67)
Douglas Business Services Ltd
Registered number:03847692
Balance Sheet
as at 31 December 2024
Notes2024 2023
£ £
Current assets
Debtors3200200
Cash at bank and in hand8,5256,605
8,7256,805
Creditors: amounts falling due within one year4(183)(183)
Net current assets8,5426,622
Total assets less current liabilities8,5426,622
Creditors: amounts falling due after more than one year5(13,723)(11,915)
Net liabilities(5,181)(5,293)
Capital and reserves
Called up share capital22
Profit and loss account(5,183)(5,295)
Shareholders' funds(5,181)(5,293)
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 members have 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. Douglas S Darko
Director
Approved by the board on 31 October 2025
Douglas Business Services Ltd
Statement of Changes in Equity
for the year ended 31 December 2024
ShareShareRe-ProfitTotal
capitalpremiumvaluationand loss
reserveaccount
£ £ £ £ £
At 1 January 20232- - (5,228)(5,226)
Loss for the financial year(67)(67)
At 31 December 20232 - - (5,295)(5,293)
At 1 January 20242- - (5,295)(5,293)
Profit for the financial year112112
At 31 December 20242- - (5,183)(5,181)
Douglas Business Services Ltd
Notes to the Accounts
for the year ended 31 December 2024
1Accounting 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.
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.
2Employees2024 2023
NumberNumber
Average number of persons employed by the company00
3Debtors2024 2023
£ £
Trade debtors200200
4Creditors: amounts falling due within one year2024 2023
£ £
Taxation and social security costs88
Other creditors175175
183183
5Creditors: amounts falling due after one year2024 2023
£ £
Group companies13,723 11,915
6Other information
Douglas Business Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
342, Streatham High Road,
Streatham
London
SW16 6HH
Douglas Business Services Ltd
Detailed profit and loss account
for the year ended 31 December 2024
This schedule does not form part of the statutory accounts
2024 2023
£ £
Sales1,9201,741
Administrative expenses(1,808)(1,808)
Operating profit/(loss)112(67)
Profit/(loss) before tax112(67)
Douglas Business Services Ltd
Detailed profit and loss account
for the year ended 31 December 2024
This schedule does not form part of the statutory accounts
2024 2023
£ £
Sales
Sales
1,920
1,741
Administrative expenses
Premises costs:
Rent
625
625
Light and heat
138
138
Cleaning
145
145
908 908
General administrative expenses:
Stationery and printing
250
250
250 250
Legal and professional costs:
Accountancy fees
650
650
650 650
1,808 1,808
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