IRIS Accounts Production v23.3.1.45 12446623 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false Ordinary 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124466232022-02-28124466232023-02-28124466232022-03-012023-02-28124466232021-02-28124466232021-03-012022-02-28124466232022-02-2812446623ns10:Originalns15:EnglandWales2022-03-012023-02-2812446623ns14:PoundSterlingns10:Original2022-03-012023-02-2812446623ns10:Originalns10:Director12022-03-012023-02-2812446623ns10:Original2022-03-012023-02-2812446623ns10:Original2023-02-2812446623ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2812446623ns10:Originalns10:SmallEntities2022-03-012023-02-2812446623ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2812446623ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2812446623ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2812446623ns10:Originalns10:FullAccounts2022-03-012023-02-2812446623ns10:Originalns10:OrdinaryShareClass12022-03-012023-02-2812446623ns10:Originalns10:OrdinaryShareClass112022-03-012023-02-2812446623ns10:Original2022-02-2812446623ns10:Originalns5:CurrentFinancialInstruments2023-02-2812446623ns10:Originalns5:CurrentFinancialInstruments2022-02-2812446623ns10:Originalns5:Non-currentFinancialInstruments2023-02-2812446623ns10:Originalns5:Non-currentFinancialInstruments2022-02-2812446623ns5:ShareCapitalns10:Original2023-02-2812446623ns5:ShareCapitalns10:Original2022-02-2812446623ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2812446623ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2812446623ns10:Originalns10:RegisteredOffice2022-03-012023-02-2812446623ns10:Originalns5:FurnitureFittings2022-03-012023-02-2812446623ns10:Originalns5:ComputerEquipment2022-03-012023-02-2812446623ns10:Original2021-03-012022-02-2812446623ns10:Originalns5:FurnitureFittings2022-02-2812446623ns10:Originalns5:ComputerEquipment2022-02-2812446623ns10:Original2022-02-2812446623ns10:Originalns5:FurnitureFittings2023-02-2812446623ns10:Originalns5:ComputerEquipment2023-02-2812446623ns10:Originalns5:FurnitureFittings2022-02-2812446623ns10:Originalns5:ComputerEquipment2022-02-2812446623ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2812446623ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2812446623ns10:Originalns10:OrdinaryShareClass12023-02-28
REGISTERED NUMBER: 12446623 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Diamond Accommodation Ltd

Diamond Accommodation Ltd (Registered number: 12446623)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Diamond Accommodation Ltd (Registered number: 12446623)

Statement of Financial Position
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,948 3,301

CURRENT ASSETS
Debtors 5 - 369
Cash at bank 6,452 10,517
6,452 10,886
CREDITORS
Amounts falling due within one year 6 12,372 12,569
NET CURRENT LIABILITIES (5,920 ) (1,683 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,972

)

1,618

CREDITORS
Amounts falling due after more than
one year

7

30,254

33,750
NET LIABILITIES (34,226 ) (32,132 )

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings (34,227 ) (32,133 )
SHAREHOLDERS' FUNDS (34,226 ) (32,132 )

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.

Diamond Accommodation Ltd (Registered number: 12446623)

Statement of Financial Position - 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.

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 16 February 2024 and were signed on its behalf by:





Mrs Kinga Maria Duda - Director


Diamond Accommodation Ltd (Registered number: 12446623)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Diamond Accommodation Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12446623

Registered office: 01 Meadlake Place
Thorpe Lea Road
Egham
Surrey
TW20 8HE

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Turnover
Turnover represents the fair value of rent received or receivable from the leasehold properties, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% 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 statement of financial position date.


Diamond Accommodation Ltd (Registered number: 12446623)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern
The company has net liabilities of £34,226. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022
and 28 February 2023 3,348 1,547 4,895
DEPRECIATION
At 1 March 2022 929 665 1,594
Charge for year 837 516 1,353
At 28 February 2023 1,766 1,181 2,947
NET BOOK VALUE
At 28 February 2023 1,582 366 1,948
At 28 February 2022 2,419 882 3,301

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors - 369

Diamond Accommodation Ltd (Registered number: 12446623)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Taxation and social security 618 -
Other creditors 11,754 12,569
12,372 12,569

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Other creditors 30,254 33,750

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
1 Ordinary £1 1 1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the year.

9. RELATED PARTY DISCLOSURES

The company owes £10,854 to its director, Mrs Kinga Maria Duda who is also a sole shareholder of the company as at accounting year end date.