Duan & Duan UK LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC427307

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		221,655		236,745

			221,655		236,745
CURRENT ASSETS
Debtors	5	55,534		11,248
Cash at bank and in hand		25,942		31,417

		81,476		42,665
Creditors: Amounts Falling Due Within One Year	6	(314,040 )		(172,280 )

NET CURRENT ASSETS (LIABILITIES)			(232,564 )		(129,615 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(10,909 )		107,130

Creditors: Amounts Falling Due After More Than One Year	7		(169,972 )		(199,910 )

NET LIABILITIES ATTRIBUTABLE TO MEMBERS			(180,881 )		(92,780 )

REPRESENTED BY:
Loans and other debts due to members
Members' capital classified as a liability		14,115		14,115
Other amounts		-		1,683

			14,115		15,798

Equity
Members' other interests
Members' capital		(194,996)		(108,578)

			(194,996)		(108,578)

			(180,881)		(92,780)

TOTAL MEMBERS' INTEREST
Amounts due from members			(53,461)		-
Loans and other debts due to members			14,115		15,798
Members' other interests			(194,996)		(108,578)

			(234,342)		(92,780)

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Duan & Duan UK LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Leon Chua

Designated Member

27/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Duan & Duan UK LLP is a limited liability partnership, incorporated in England & Wales, registered number OC427307 . The Registered Office is 2nd Floor Goldsmith Building, Temple, London, EC4Y 7BL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	10% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	33.3% Straight Line

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 4 (2024: 4)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	297,977	21,691	25,089	344,757
Additions	165,890	3,448	1,199	170,537
Disposals	(210,510 )	-	-	(210,510 )

As at 31 March 2025	253,357	25,139	26,288	304,784

Depreciation
As at 1 April 2024	76,436	7,675	23,901	108,012
Provided during the period	55,980	3,793	400	60,173
Disposals	(85,056 )	-	-	(85,056 )

As at 31 March 2025	47,360	11,468	24,301	83,129

Net Book Value
As at 31 March 2025	205,997	13,671	1,987	221,655

As at 1 April 2024	221,541	14,016	1,188	236,745

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Duan & Duan UK LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,766	2,012
Other debtors	52,768	9,236

	55,534	11,248

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	35,866	43,953
Other creditors	255,250	107,690
Taxation and social security	22,924	20,637

	314,040	172,280

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	24,976	30,891
Other creditors	144,996	169,019

	169,972	199,910

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