Company Registration No. 10960764 (England and Wales)
Duluth Holdings Limited
Unaudited accounts
for the period from 1 April 2022 to 31 July 2022
Duluth Holdings Limited
Unaudited accounts
Contents
Duluth Holdings Limited
Company Information
for the period from 1 April 2022 to 31 July 2022
Company Number
10960764 (England and Wales)
Registered Office
62 Shaftesbury Avenue
London
W1D 6LT
GB
Duluth Holdings Limited
Statement of financial position
as at 31 July 2022
Cash at bank and in hand
11,615
114,944
Creditors: amounts falling due within one year
(961,440)
(158,666)
Net current liabilities
(415,997)
(19,304)
Total assets less current liabilities
(415,997)
(19,304)
Creditors: amounts falling due after more than one year
(47,500)
(50,000)
Net liabilities
(463,497)
(69,304)
Called up share capital
100
100
Profit and loss account
(463,597)
(69,404)
Shareholders' funds
(463,497)
(69,304)
For the period ending 31 July 2022 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 August 2022 and were signed on its behalf by
Tristan Baker
Director
Company Registration No. 10960764
Duluth Holdings Limited
Notes to the Accounts
for the period from 1 April 2022 to 31 July 2022
Duluth Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 10960764. The registered office is 62 Shaftesbury Avenue, London, W1D 6LT, GB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Debtors
31/07/2022
31/03/2022
Amounts falling due within one year
Trade debtors
430,814
2,500
Accrued income and prepayments
-
9,774
5
Creditors: amounts falling due within one year
31/07/2022
31/03/2022
Trade creditors
222,346
57,476
Taxes and social security
(361,744)
(17,413)
Other creditors
1,013,791
118,603
Duluth Holdings Limited
Notes to the Accounts
for the period from 1 April 2022 to 31 July 2022
6
Creditors: amounts falling due after more than one year
31/07/2022
31/03/2022
7
Share capital
31/07/2022
31/03/2022
Allotted, called up and fully paid:
100 100 Ordinary shares of £1 each of £1 each
100
100
8
Average number of employees
During the period the average number of employees was 37 (31/03/2022: 0).
