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Registered number: 10692927
Dual Group Services Ltd
Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10692927
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 98,622 81,494
98,622 81,494
CURRENT ASSETS
Debtors 5 175,020 318,724
Cash at bank and in hand 397,425 36,954
572,445 355,678
Creditors: Amounts Falling Due Within One Year 6 (294,940 ) (162,381 )
NET CURRENT ASSETS (LIABILITIES) 277,505 193,297
TOTAL ASSETS LESS CURRENT LIABILITIES 376,127 274,791
Creditors: Amounts Falling Due After More Than One Year 7 (35,352 ) (40,669 )
NET ASSETS 340,775 234,122
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account 340,575 233,922
SHAREHOLDERS' FUNDS 340,775 234,122
Page 1
Page 2
For the year ending 31 March 2026 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
N Swords
Director
K Quince
Director
24 April 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Dual Group Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10692927 . The registered office is 40 Singer Way, Kempston, Bedford, MK42 7AF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
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:
Leasehold Straight Line Method - 25%
Plant & Machinery Straight Line Method - 25%
Motor Vehicles Straight Line Method - 25%
Fixtures & Fittings Straight Line Method - 25%
Computer Equipment Straight Line Method - 25%
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2025: 8)
10 8
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 April 2025 21,101 76,542 96,245 23,715
Additions - - 51,742 358
Disposals (1,823 ) (1,967 ) - (1,858 )
As at 31 March 2026 19,278 74,575 147,987 22,215
Depreciation
As at 1 April 2025 20,798 31,497 65,976 19,976
Provided during the period 269 16,618 16,708 2,471
Disposals (1,789 ) (1,967 ) - (1,261 )
As at 31 March 2026 19,278 46,148 82,684 21,186
Net Book Value
As at 31 March 2026 - 28,427 65,303 1,029
As at 1 April 2025 303 45,045 30,269 3,739
Computer Equipment Total
£ £
Cost
As at 1 April 2025 16,629 234,232
Additions 7,179 59,279
Disposals (12,981 ) (18,629 )
As at 31 March 2026 10,827 274,882
Depreciation
As at 1 April 2025 14,491 152,738
Provided during the period 635 36,701
Disposals (8,162 ) (13,179 )
As at 31 March 2026 6,964 176,260
Net Book Value
As at 31 March 2026 3,863 98,622
As at 1 April 2025 2,138 81,494
Page 4
Page 5
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 134,955 281,555
Prepayments and accrued income 4,800 8,839
Other debtors 14,425 -
VAT 20,840 28,330
175,020 318,724
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 119,375 104,092
Bank loans and overdrafts 5,400 20,307
Corporation tax 100,555 15,228
Other taxes and social security 18,485 8,751
Net wages 562 707
Other creditors - 8,527
Accruals and deferred income 4,494 -
Directors' loan accounts 46,069 4,769
294,940 162,381
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 17,748 6,815
Other loans 17,604 33,854
35,352 40,669
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 200 200
Page 5