Duo Tech Holdings Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07059519 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

Duo Tech Holdings Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B Baker

SECRETARY:

REGISTERED OFFICE:

Feeder Road

Bristol

BS2 0TH

REGISTERED NUMBER:

07059519 (England and Wales)

ACCOUNTANTS:

Kingscote Accountancy Limited

Rodney House

Clifton Down Road

Clifton

Bristol

BS8 4AL

FIXED ASSETS

Tangible assets

2

2,523

-

CURRENT ASSETS

Debtors

29,607

12,879

Cash at bank and in hand

37,361

30,836

66,968

43,715

CREDITORS

Amounts falling due within one year

89,931

113,627

NET CURRENT LIABILITIES

(22,963

)

(69,912

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(20,440

)

(69,912

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(20,540

)

(70,012

)

SHAREHOLDERS' FUNDS

(20,440

)

(69,912

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27 April 2017 and were signed by:

B Baker - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

3,766

At 31 July 2016

3,766

DEPRECIATION

Charge for year

1,243

At 31 July 2016

1,243

NET BOOK VALUE

At 31 July 2016

2,523

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

100

Ordinary A shares

1

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2016 and

31 July 2015:

31.7.16

31.7.15

£

B Baker

Balance outstanding at start of year

18,000

Amounts repaid

(5,000

)

-

Balance outstanding at end of year

13,000

18,000