| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 September 2025 |
| for |
| Duo Properties Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 September 2025 |
| for |
| Duo Properties Limited |
| Duo Properties Limited (Registered number: 10857780) |
| Contents of the Financial Statements |
| for the Year Ended 30 September 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Duo Properties Limited |
| Company Information |
| for the Year Ended 30 September 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 4 Yorke Street |
| Hucknall |
| Nottinghamshire |
| NG15 7BT |
| Duo Properties Limited (Registered number: 10857780) |
| Balance Sheet |
| 30 September 2025 |
| 30.9.25 | 30.9.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 10 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 11 |
| Non-Distributable reserve | 12 |
| Retained earnings | 12 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| Duo Properties Limited (Registered number: 10857780) |
| Balance Sheet - continued |
| 30 September 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Duo Properties Limited (Registered number: 10857780) |
| Notes to the Financial Statements |
| for the Year Ended 30 September 2025 |
| 1. | STATUTORY INFORMATION |
| Duo Properties Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Preparation of consolidated financial statements |
| The financial statements contain information about Duo Properties Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2024 - NIL). |
| Duo Properties Limited (Registered number: 10857780) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2025 |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 October 2024 |
| and 30 September 2025 |
| NET BOOK VALUE |
| At 30 September 2025 |
| At 30 September 2024 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 October 2024 |
| Revaluations | ( |
) |
| At 30 September 2025 |
| NET BOOK VALUE |
| At 30 September 2025 |
| At 30 September 2024 |
| Fair value at 30 September 2025 is represented by: |
| £ |
| Valuation in 2018 | 55,000 |
| Valuation in 2019 | 59,178 |
| Valuation in 2020 | 15,861 |
| Valuation in 2021 | 52,160 |
| Valuation in 2022 | (1,371 | ) |
| Valuation in 2023 | 55,000 |
| Valuation in 2023 | 50,000 |
| Valuation in 2025 | (30,000 | ) |
| Cost | 1,194,172 |
| 1,450,000 |
| If Investment property had not been revalued it would have been included at the following historical cost: |
| 30.9.25 | 30.9.24 |
| £ | £ |
| Cost | 1,194,172 | 1,194,172 |
| Investment property was valued on an open market basis on 30 September 2025 by the Directors . |
| Duo Properties Limited (Registered number: 10857780) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2025 |
| 6. | DEBTORS |
| 30.9.25 | 30.9.24 |
| £ | £ |
| Amounts falling due within one year: |
| Amounts owed by group undertakings |
| Other debtors |
| Amounts falling due after more than one year: |
| Amounts owed by group undertakings |
| Aggregate amounts |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.9.25 | 30.9.24 |
| £ | £ |
| Bank loans and overdrafts |
| Loan from Logo International Limited |
| Trade creditors |
| Directors' current accounts |
| Accruals and deferred income |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.9.25 | 30.9.24 |
| £ | £ |
| Bank loans - 1-2 years |
| Bank loans to be repaid |
| between 2 & 5 years by |
| instalments |
| Bank loans to be repaid after |
| 5 years by instalments |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans to be repaid after |
| 5 years by instalments | 817,825 | 801,164 |
| 817,825 | 801,164 |
| Duo Properties Limited (Registered number: 10857780) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2025 |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 30.9.25 | 30.9.24 |
| £ | £ |
| Mortgage | 942,825 | 963,030 |
| The mortgage is secured on the Company's properties. But £209,964.85 of this is secured on properties in the subsidiary company. |
| 10. | PROVISIONS FOR LIABILITIES |
| 30.9.25 | 30.9.24 |
| £ | £ |
| Deferred tax | 48,607 | 54,307 |
| Deferred |
| tax |
| £ |
| Balance at 1 October 2024 |
| Provided during year | ( |
) |
| Balance at 30 September 2025 |
| 11. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.9.25 | 30.9.24 |
| value: | £ | £ |
| Ordinary | 50p | 1 | 1 |
| 12. | RESERVES |
| Retained | Non-Distributable |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 October 2024 | ( |
) | 106,838 |
| Deficit for the year | ( |
) | ( |
) |
| Property revaluation transfer | 24,300 | (24,300 | ) | - |
| At 30 September 2025 | ( |
) | 88,959 |
| 13. | RELATED PARTY DISCLOSURES |
| The loan in the balance sheet of £141,814.92 is owed to Logo International Limited, a company which is controlled by the Directors of Duo Properties lImited |