IRIS Accounts Production v23.2.0.158 03510711 Board of Directors 1.3.22 28.2.23 28.2.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure035107112022-02-28035107112023-02-28035107112022-03-012023-02-28035107112021-02-28035107112021-03-012022-02-28035107112022-02-2803510711ns16:EnglandWales2022-03-012023-02-2803510711ns15:PoundSterling2022-03-012023-02-2803510711ns11:Director12022-03-012023-02-2803510711ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2803510711ns11:SmallEntities2022-03-012023-02-2803510711ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-2803510711ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2803510711ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2803510711ns11:AbridgedAccounts2022-03-012023-02-2803510711ns11:Director22022-03-012023-02-2803510711ns11:CompanySecretary12022-03-012023-02-2803510711ns11:RegisteredOffice2022-03-012023-02-2803510711ns6:CurrentFinancialInstruments2023-02-2803510711ns6:CurrentFinancialInstruments2022-02-2803510711ns6:ShareCapital2023-02-2803510711ns6:ShareCapital2022-02-2803510711ns6:RetainedEarningsAccumulatedLosses2023-02-2803510711ns6:RetainedEarningsAccumulatedLosses2022-02-2803510711ns6:OwnedOrFreeholdAssetsns6:LandBuildings2022-03-012023-02-2803510711ns6:LeaseholdImprovements2022-03-012023-02-2803510711ns6:PlantMachinery2022-03-012023-02-2803510711ns6:FurnitureFittings2022-03-012023-02-2803510711ns6:ComputerEquipment2022-03-012023-02-28
REGISTERED NUMBER: 03510711 (England and Wales)















DIAMONDRANGE LIMITED

Unaudited Financial Statements

For The Year Ended 28 February 2023






DIAMONDRANGE LIMITED (REGISTERED NUMBER: 03510711)

Contents of the Financial Statements
For The Year Ended 28 February 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


DIAMONDRANGE LIMITED

Company Information
For The Year Ended 28 February 2023







DIRECTORS: J M Payne
Mrs S D Payne





SECRETARY: Mrs S D Payne





REGISTERED OFFICE: Hilden Park House
79 Tonbridge Road
Hildenborough
Kent
TN11 9BH





REGISTERED NUMBER: 03510711 (England and Wales)





ACCOUNTANTS: Hilden Park Accountants Limited
Chartered Accountants
Hilden Park House
79 Tonbridge Road
Hildenborough
Tonbridge
Kent
TN11 9BH

DIAMONDRANGE LIMITED (REGISTERED NUMBER: 03510711)

Abridged Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 512,071 524,609
Investments 5 20,200 20,200
532,271 544,809

CURRENT ASSETS
Debtors 3,410 8,960
Cash at bank 417,771 392,899
421,181 401,859
CREDITORS
Amounts falling due within one year 13,351 10,950
NET CURRENT ASSETS 407,830 390,909
TOTAL ASSETS LESS CURRENT
LIABILITIES

940,101

935,718

PROVISIONS FOR LIABILITIES - 1,636
NET ASSETS 940,101 934,082

CAPITAL AND RESERVES
Called up share capital 20,200 20,200
Retained earnings 919,901 913,882
SHAREHOLDERS' FUNDS 940,101 934,082

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

DIAMONDRANGE LIMITED (REGISTERED NUMBER: 03510711)

Abridged Balance Sheet - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 October 2023 and were signed on its behalf by:





J M Payne - Director


DIAMONDRANGE LIMITED (REGISTERED NUMBER: 03510711)

Notes to the Financial Statements
For The Year Ended 28 February 2023


1. STATUTORY INFORMATION

Diamondrange Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of consolidation
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The Company is exempt from the requirements to prepare Group accounts on the basis that the Group qualifies as a small group and is eligible to take advantage of S.248 Companies Act 1985.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes in relation to management services provided and rent charged.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Improvements to property - 2% on cost
Plant and machinery - 20% on cost
Fixtures & fittings - 20% on cost and 15% on cost
Office equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investments
Fixed asset investments are held at cost less provision for diminution in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

DIAMONDRANGE LIMITED (REGISTERED NUMBER: 03510711)

Notes to the Financial Statements - continued
For The Year Ended 28 February 2023


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022
and 28 February 2023 689,766
DEPRECIATION
At 1 March 2022 165,157
Charge for year 12,538
At 28 February 2023 177,695
NET BOOK VALUE
At 28 February 2023 512,071
At 28 February 2022 524,609

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 March 2022
and 28 February 2023 20,200
NET BOOK VALUE
At 28 February 2023 20,200
At 28 February 2022 20,200