Company Registration No. 07404482 (England and Wales)
Duet Custom Limited
Unaudited accounts
for the year ended 31 March 2025
Duet Custom Limited
Unaudited accounts
Contents
Duet Custom Limited
Company Information
for the year ended 31 March 2025
Directors
Tom severs
John Bestall
Ian Severs
Company Number
07404482 (England and Wales)
Registered Office
7 GLASSHOUSES MILL,
GLASSHOUSES
NORTH YORKSHIRE
HG3 5AG
United Kingdom
Duet Custom Limited
Statement of financial position
as at 31 March 2025
Tangible assets
253,096
329,704
Inventories
817,212
930,044
Cash at bank and in hand
157,491
49,993
Creditors: amounts falling due within one year
(745,799)
(848,029)
Net current assets
555,253
407,977
Total assets less current liabilities
850,339
779,671
Creditors: amounts falling due after more than one year
(11,667)
(21,667)
Net assets
838,672
758,004
Called up share capital
180
180
Share premium
29,820
29,820
Profit and loss account
808,672
728,004
Shareholders' funds
838,672
758,004
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 June 2025 and were signed on its behalf by
John Bestall
Director
Company Registration No. 07404482
Duet Custom Limited
Notes to the Accounts
for the year ended 31 March 2025
Duet Custom Limited is a private company, limited by shares, registered in England and Wales, registration number 07404482. The registered office is 7 GLASSHOUSES MILL,, GLASSHOUSES, NORTH YORKSHIRE, HG3 5AG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
434,215
20,320
6,529
461,064
Additions
16,306
-
-
16,306
At 31 March 2025
450,521
20,320
6,529
477,370
At 1 April 2024
121,026
8,129
2,205
131,360
Charge for the year
87,545
4,064
1,305
92,914
At 31 March 2025
208,571
12,193
3,510
224,274
At 31 March 2025
241,950
8,127
3,019
253,096
At 31 March 2024
313,189
12,191
4,324
329,704
Duet Custom Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Investments
Other investments
Valuation at 1 April 2024
41,990
Valuation at 31 March 2025
41,990
Amounts falling due within one year
Trade debtors
296,431
263,720
Other debtors
29,918
12,249
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
199,876
286,809
Taxes and social security
51,603
17,802
Loans from directors
470,944
517,850
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Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
180 Ordinary shares of £1 each
180
180
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Average number of employees
During the year the average number of employees was 6 (2024: 6).