Duet Properties Limited - Filleted accounts

Registered number

04140992

Duet Properties Limited

Filleted Accounts

31 March 2026

Duet Properties Limited
Registered number:		04140992
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		160,800			251,454

Current assets
Cash at bank and in hand		37,642			3,194

Creditors: amounts falling due within one year	4	(129,794)			(153,161)

Net current liabilities			(92,152)			(149,967)

Net assets			68,648			101,487

Capital and reserves
Called up share capital			2			2
Profit and loss account			68,646			101,485

Shareholders' funds			68,648			101,487

The directors are 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 directors acknowledge their 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.




Mrs D.J.Walker
Director
Approved by the board on 12 May 2026

Duet Properties Limited
Notes to the Accounts
for the year ended 31 March 2026


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:


	Motor vehicles			over 4 years
	Plant and machinery			over 4 years



2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2025	248,837		5,816		1,440		256,093
	Disposals	(90,000)		-		-		(90,000)
	At 31 March 2026	158,837		5,816		1,440		166,093

	Depreciation
	At 1 April 2025	-		3,199		1,440		4,639
	Charge for the year	-		654		-		654
	At 31 March 2026	-		3,853		1,440		5,293

	Net book value
	At 31 March 2026	158,837		1,963		-		160,800
	At 31 March 2025	248,837		2,617		-		251,454


4	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					4,322		4,274
	Taxation and social security costs					7,317		2,203
	Other creditors					118,155		146,684
						129,794		153,161


5	Other information

	Duet Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
	50 Hoyland Road
	Hoyland Common
	Barnsley
	South Yorkshire
	S74 0PB