Duovex UK Ltd - Period Ending 2016-04-06

Registration number: 08086929

Duovex UK Ltd

Unaudited Abbreviated Accounts

for the Period from 1 April 2015 to 6 April 2016

 

Howard and Co
Monkhurst House Offices
Sandy Cross Lane
Heathfield
East Sussex
TN21 8QR

Duovex UK Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Duovex UK Ltd
for the Period Ended 6 April 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Duovex UK Ltd for the period ended 6 April 2016 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

It is your duty to ensure that Duovex UK Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Duovex UK Ltd. You consider that Duovex UK Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Duovex UK Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Howard and Co
Monkhurst House Offices
Sandy Cross Lane
Heathfield
East Sussex
TN21 8QR

6 April 2016

Page 1

Duovex UK Ltd
(Registration number: 08086929)
Abbreviated Balance Sheet at 6 April 2016

		Note			6 April 2016 £			31 March 2015 £
Fixed assets
Tangible fixed assets					-			682
Current assets
Cash at bank and in hand					2			10,835
Creditors: Amounts falling due within one year					-			(8,747)
Net current assets					2			2,088
Total assets less current liabilities					2			2,770
Provisions for liabilities					-			(136)
Net assets					2			2,634
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					-			2,632
Shareholders' funds					2			2,634

For the year ending 6 April 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 6 April 2016 and signed on its behalf by:

.........................................
AJ Williams
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Duovex UK Ltd
Notes to the Abbreviated Accounts for the Period from 1 April 2015 to 6 April 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% on reducing balance
Office equipment	25% on reducing balance

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

Duovex UK Ltd
Notes to the Abbreviated Accounts for the Period from 1 April 2015 to 6 April 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2015		922			922
Disposals		(922)			(922)
At 6 April 2016		-			-
Depreciation
At 1 April 2015		240			240
Eliminated on disposals		(240)			(240)
At 6 April 2016		-			-
Net book value
At 6 April 2016		-			-
At 31 March 2015		682			682

3	Share capital

Allotted, called up and fully paid shares

	6 April 2016						31 March 2015
		No.			£			No.			£
Ordinary of £1 each		2			2			2			2

Page 4