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
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
DIVERSITY AND ABILITY LTD
Statement of financial position
as at 28 February 2023
Tangible assets
85,376
26,305
Cash at bank and in hand
657,992
999,817
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
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
DIVERSITY AND ABILITY LTD
Notes to the Accounts
for the year ended 28 February 2023
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.
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.
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.
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
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
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
At 28 February 2023
40,458
44,918
85,376
At 28 February 2022
26,305
-
26,305
DIVERSITY AND ABILITY LTD
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Trade debtors
420,685
290,718
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
61,443
-
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
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).