Caseware UK (AP4) 2022.0.179 2022.0.179 2022-11-302022-11-30false2021-12-01No description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07063630 2021-12-01 2022-11-30 07063630 2020-12-01 2021-11-30 07063630 2022-11-30 07063630 2021-11-30 07063630 c:Director1 2021-12-01 2022-11-30 07063630 d:Buildings d:ShortLeaseholdAssets 2021-12-01 2022-11-30 07063630 d:Buildings d:ShortLeaseholdAssets 2022-11-30 07063630 d:Buildings d:ShortLeaseholdAssets 2021-11-30 07063630 d:FurnitureFittings 2021-12-01 2022-11-30 07063630 d:CurrentFinancialInstruments 2022-11-30 07063630 d:CurrentFinancialInstruments 2021-11-30 07063630 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 07063630 d:CurrentFinancialInstruments d:WithinOneYear 2021-11-30 07063630 d:RetainedEarningsAccumulatedLosses 2022-11-30 07063630 d:RetainedEarningsAccumulatedLosses 2021-11-30 07063630 c:FRS102 2021-12-01 2022-11-30 07063630 c:AuditExempt-NoAccountantsReport 2021-12-01 2022-11-30 07063630 c:FullAccounts 2021-12-01 2022-11-30 07063630 c:CompanyLimitedByGuarantee 2021-12-01 2022-11-30 iso4217:GBP xbrli:pure

Registered number: 07063630









DIAMOND SUPPORTED HOUSING
(A Company Limited by Guarantee)







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2022

 
DIAMOND SUPPORTED HOUSING
 
(A Company Limited by Guarantee)
 

CONTENTS



Page
Balance Sheet
1 - 2
Notes to the Financial Statements
3 - 6


 
DIAMOND SUPPORTED HOUSING
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 07063630

BALANCE SHEET
AS AT 30 NOVEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
414,448
443,871

  
414,448
443,871

Current assets
  

Debtors: amounts falling due within one year
 5 
2,512
8,908

Cash at bank and in hand
 6 
93,431
78,649

  
95,943
87,557

Creditors: amounts falling due within one year
 7 
(862,638)
(866,463)

Net current liabilities
  
 
 
(766,695)
 
 
(778,906)

Total assets less current liabilities
  
(352,247)
(335,035)

  

Net liabilities
  
(352,247)
(335,035)


Capital and reserves
  

Profit and loss account
  
(352,247)
(335,035)

  
(352,247)
(335,035)

Page 1

 
DIAMOND SUPPORTED HOUSING
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 07063630
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2022

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
M Messam
Director

Date: 30 August 2023

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
DIAMOND SUPPORTED HOUSING

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

1.


General information

Diamond Supported Housing is a private company, limited by guarantee, domiciled in England and Wales, registration number 07063630. The registered office is Aston House, Cornwall Avenue, London, N3 1LF. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

Within other creditors, the significant creditor has given an undertaking that it will not seek to redeem any element of the trading debt within twelve months of the date of approval of the 2022 financial statements to the extent that would prevent the company continuing as a going concern.
Therefore the director considers it appropriate to prepare the financial statements on a going concern basis. The company continues to pay its debts as they fall due and retains the support of the director and sole guarantor.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
DIAMOND SUPPORTED HOUSING

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold property
-
4%
Straight line method
Fixtures and fittings
-
25%
Straight line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).

Page 4

 
DIAMOND SUPPORTED HOUSING

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

4.


Tangible fixed assets





Short-term leasehold property

£



Cost or valuation


At 1 December 2021
735,574



At 30 November 2022

735,574



Depreciation


At 1 December 2021
291,703


Charge for the year on owned assets
29,423



At 30 November 2022

321,126



Net book value



At 30 November 2022
414,448



At 30 November 2021
443,871


5.


Debtors

2022
2021
£
£


Other debtors
1,684
1,684

Prepayments and accrued income
828
7,224

2,512
8,908



6.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
93,431
78,649

93,431
78,649


Page 5

 
DIAMOND SUPPORTED HOUSING

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

7.


Creditors: Amounts falling due within one year

2022
2021
£
£

Other creditors
860,703
864,963

Accruals and deferred income
1,935
1,500

862,638
866,463


 
Page 6