DUO_TECH_HOLDINGS_LIMITED - Accounts

DUO TECH HOLDINGS LIMITED - Company Information

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Company Registration No. 07059519 (England and Wales)

DUO TECH HOLDINGS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2014

DUO TECH HOLDINGS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

DUO TECH HOLDINGS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2014

- 1 -

2014

2013

Notes

Current assets

Debtors

3,395

5,236

Cash at bank and in hand

19,036

4,630

22,431

9,866

Creditors: amounts falling due within one year

(83,597)

(9,949)

Total assets less current liabilities

(61,166)

(83)

Capital and reserves

Called up share capital

100

Profit and loss account

(61,266)

(183)

Shareholders' funds

(61,166)

(83)

For the financial year ended 31 July 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 29 April 2015

B Baker

Director

Company Registration No. 07059519

DUO TECH HOLDINGS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company has the on-going long term support of its director and related companies to enable it to meet its obligations to customers and suppliers. The director therefore believes that the going concern concept for the preparation of the accounts is appropriate.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods invoiced to customers net of vat. Turnover is recognised on an invoice basis.

1.4

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Share capital

2014

2013

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

Ultimate parent company

Throughout the current and previous years the company was controlled by Mr B Baker and Mrs J Baker, by virtue of their shareholdings in Baker Group Holdings Limited, the ultimate parent company.