Dupont Dance Stage School Limited


Directors	Sarrafan, Asghar
	Sarrafan, Rebecca


Company Secretary	Sarrafan, Asghar


Registered Address	Dupont Dance Stage School Memory Lane
	Leicester
	Leics
	LE1 3UL


Registered Number	05960738 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		2,465		728
			2,465		728
Current assets
Debtors	4	249,130		172,684
Cash at bank and on hand		151,007		65,124
		400,137		237,808
Creditors amounts falling due within one year	5	(834,255)		(163,427)
Net current assets (liabilities)			(434,118)		74,381
Total assets less current liabilities			(431,653)		75,109
Net assets			(431,653)		75,109
Capital and reserves
Called up share capital			100		100
Profit and loss account			(431,753)		75,009
Shareholders' funds			(431,653)		75,109

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 27 November 2025, and are signed on its behalf by:

Sarrafan, Asghar
Director
Registered Company No. 05960738

Dupont Dance Stage School Limited

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

	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.

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.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Financial instruments
	A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price and are subsequentlymeasured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequentlymeasured as follows:
Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost.

Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss.

All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

2.	Average number of employees
	All labour is on a casual basis.


		2025		2024
	Average number of employees during the year	13		11

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 April 24	1,495	1,495
Additions	2,559	2,559
At 31 March 25	4,054	4,054
Depreciation and impairment
At 01 April 24	767	767
Charge for year	822	822
At 31 March 25	1,589	1,589
Net book value
At 31 March 25	2,465	2,465
At 31 March 24	728	728

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	30,274	951
Other debtors	215,526	168,703
Prepayments and accrued income	3,330	3,030
Total	249,130	172,684

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	832,255	161,427
Accrued liabilities and deferred income	2,000	2,000
Total	834,255	163,427

6.	Contingent liabilities
	The company has identified a potential liability of approximately £1,500,000 in relation to underpaid Corporation Tax and Section 455 Tax including interest, and penalties covering a 14-year period. This is under review with HMRC and the Directors, with the support of external tax advisors, is actively working to quantify and resolve the liability. The outcome remains uncertain at this stage, and no provision has been made in these financial statements.

Contingent liabilities

The company has identified a potential liability of approximately £1,500,000 in relation to underpaid Corporation Tax and Section 455 Tax including interest, and penalties covering a 14-year period.

This is under review with HMRC and the Directors, with the support of external tax advisors, is actively working to quantify and resolve the liability. The outcome remains uncertain at this stage, and no provision has been made in these financial statements.

7.	Directors advances, credits and guarantees
	Included in debtors is an overdrawn directors loan account of £215,526. Interest has been charged on the loan. The directors intend to repay the loan within nine months of the year end.

8.	Exceptional items
	During the year, HMRC concluded that the company should have been VAT-registered in prior periods. As a result, an extra amount of £603,938 has been assessed and is recognised as an exceptional item in these financial statements. The company is working with HMRC to enter into a payment plan. This amount has not been restated in prior periods due to prior submission of accounts to HMRC under the Disclosure Facility. The amount has been included in administration expenses.

Exceptional items

During the year, HMRC concluded that the company should have been VAT-registered in prior periods. As a result, an extra amount of £603,938 has been assessed and is recognised as an exceptional item in these financial statements. The company is working with HMRC to enter into a payment plan. This amount has not been restated in prior periods due to prior submission of accounts to HMRC under the Disclosure Facility. 

The amount has been included in administration expenses.