1 March 2022 false No description of principal activity Taxfiler 2023.10 07525234business:PrivateLimitedCompanyLtd2022-03-012023-02-28 075252342022-02-28 075252342022-03-012023-02-28 07525234business:AuditExemptWithAccountantsReport2022-03-012023-02-28 07525234business:FilletedAccounts2022-03-012023-02-28 075252342023-02-28 07525234business:Director12022-03-012023-02-28 07525234business:Director22022-03-012023-02-28 07525234business:Director32022-03-012023-02-28 07525234business:Director42022-03-012023-02-28 07525234business:Director52022-03-012023-02-28 07525234business:RegisteredOffice2022-03-012023-02-28 075252342022-02-28 07525234core:WithinOneYear2023-02-28 07525234core:WithinOneYear2022-02-28 07525234core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 07525234core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 07525234core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 07525234core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 07525234core:PreviouslyStatedAmount2023-02-28 07525234core:PreviouslyStatedAmount2022-02-28 07525234business:SmallEntities2022-03-012023-02-28 07525234countries:EnglandWales2022-03-012023-02-28 07525234core:PlantMachinery2022-03-012023-02-28 07525234core:PlantMachinery2022-02-28 07525234core:MotorVehicles2022-02-28 07525234core:MotorVehicles2022-03-012023-02-28 07525234core:PlantMachinery2023-02-28 07525234core:MotorVehicles2023-02-28 075252342021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 07525234 (England and Wales)
DIVERSITY AND ABILITY LTD Unaudited accounts for the year ended 28 February 2023
DIVERSITY AND ABILITY LTD Unaudited accounts Contents
Page
- 2 -
DIVERSITY AND ABILITY LTD Company Information for the year ended 28 February 2023
Directors
Mr A Choudhury Mr A Hyland Mr W Mayor Ms G Paludneviciute Ms R Von Koetlittz
Company Number
07525234 (England and Wales)
Registered Office
BRIGHTON JUNCTION 1A ISETTA SQUARE 35 NEW ENGLAND STREET BRIGHTON EAST SUSSEX BN1 4GQ UNITED KINGDOM
Accountants
D M Pettitt Accountancy Services 33 Bowmans Close Steyning West Sussex BN44 3SR
- 3 -
DIVERSITY AND ABILITY LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
85,376 
26,305 
Current assets
Debtors
424,336 
294,369 
Cash at bank and in hand
657,992 
999,817 
1,082,328 
1,294,186 
Creditors: amounts falling due within one year
(526,439)
(539,500)
Net current assets
555,889 
754,686 
Total assets less current liabilities
641,265 
780,991 
Provisions for liabilities
Deferred tax
(16,221)
(4,998)
Net assets
625,044 
775,993 
Capital and reserves
Called up share capital
92 
92 
Profit and loss account
624,952 
775,901 
Shareholders' funds
625,044 
775,993 
For the year ending 28 February 2023 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 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 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 of Directors and authorised for issue on 30 September 2023 and were signed on its behalf by
Mr A Choudhury Director Company Registration No. 07525234
- 4 -
DIVERSITY AND ABILITY LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
DIVERSITY AND ABILITY LTD is a private company, limited by shares, registered in England and Wales, registration number 07525234. The registered office is BRIGHTON JUNCTION 1A ISETTA SQUARE, 35 NEW ENGLAND STREET, BRIGHTON, EAST SUSSEX, BN1 4GQ, UNITED KINGDOM.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
56,860 
- 
56,860 
Additions
31,906 
56,147 
88,053 
At 28 February 2023
88,766 
56,147 
144,913 
Depreciation
At 1 March 2022
30,555 
- 
30,555 
Charge for the year
17,753 
11,229 
28,982 
At 28 February 2023
48,308 
11,229 
59,537 
Net book value
At 28 February 2023
40,458 
44,918 
85,376 
At 28 February 2022
26,305 
- 
26,305 
- 5 -
DIVERSITY AND ABILITY LTD Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
420,685 
290,718 
Other debtors
3,651 
3,651 
424,336 
294,369 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
61,443 
- 
VAT
165,554 
179,251 
Trade creditors
240,849 
164,904 
Taxes and social security
36,272 
117,971 
Other creditors
12,044 
69,677 
Loans from directors
9,577 
6,997 
Accruals
700 
700 
526,439 
539,500 
7
Transactions with related parties
At 28 February 2023 the company owed its directors £9,577 (2022 £6,997) and this is included in creditors.
8
Average number of employees
During the year the average number of employees was 20 (2022: 20).
- 6 -