2022-02-012023-01-312023-01-31false09387938DIVERSIFYING GROUP LTD2024-02-2178109iso4217:GBPxbrli:pure093879382022-02-01093879382023-01-31093879382022-02-012023-01-31093879382021-02-01093879382022-01-31093879382021-02-012022-01-3109387938bus:SmallEntities2022-02-012023-01-3109387938bus:AuditExempt-NoAccountantsReport2022-02-012023-01-3109387938bus:AbridgedAccounts2022-02-012023-01-3109387938bus:PrivateLimitedCompanyLtd2022-02-012023-01-3109387938core:WithinOneYear2023-01-3109387938core:AfterOneYear2023-01-3109387938core:WithinOneYear2022-01-3109387938core:AfterOneYear2022-01-3109387938core:ShareCapital2023-01-3109387938core:SharePremium2023-01-3109387938core:RevaluationReserve2023-01-3109387938core:OtherReservesSubtotal2023-01-3109387938core:RetainedEarningsAccumulatedLosses2023-01-3109387938core:ShareCapital2022-01-3109387938core:SharePremium2022-01-3109387938core:RevaluationReserve2022-01-3109387938core:OtherReservesSubtotal2022-01-3109387938core:RetainedEarningsAccumulatedLosses2022-01-3109387938core:LandBuildings2023-01-3109387938core:PlantMachinery2023-01-3109387938core:Vehicles2023-01-3109387938core:FurnitureFittings2023-01-3109387938core:OfficeEquipment2023-01-3109387938core:NetGoodwill2023-01-3109387938core:IntangibleAssetsOtherThanGoodwill2023-01-3109387938core:ListedExchangeTraded2023-01-3109387938core:UnlistedNon-exchangeTraded2023-01-3109387938core:LandBuildings2022-01-3109387938core:PlantMachinery2022-01-3109387938core:Vehicles2022-01-3109387938core:FurnitureFittings2022-01-3109387938core:OfficeEquipment2022-01-3109387938core:NetGoodwill2022-01-3109387938core:IntangibleAssetsOtherThanGoodwill2022-01-3109387938core:ListedExchangeTraded2022-01-3109387938core:UnlistedNon-exchangeTraded2022-01-3109387938core:LandBuildings2022-02-012023-01-3109387938core:PlantMachinery2022-02-012023-01-3109387938core:Vehicles2022-02-012023-01-3109387938core:FurnitureFittings2022-02-012023-01-3109387938core:OfficeEquipment2022-02-012023-01-3109387938core:NetGoodwill2022-02-012023-01-3109387938core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3109387938core:ListedExchangeTraded2022-02-012023-01-3109387938core:UnlistedNon-exchangeTraded2022-02-012023-01-3109387938core:MoreThanFiveYears2022-02-012023-01-3109387938core:Non-currentFinancialInstruments2023-01-3109387938core:Non-currentFinancialInstruments2022-01-3109387938dpl:CostSales2022-02-012023-01-3109387938dpl:DistributionCosts2022-02-012023-01-3109387938core:LandBuildings2022-02-012023-01-3109387938core:PlantMachinery2022-02-012023-01-3109387938core:Vehicles2022-02-012023-01-3109387938core:FurnitureFittings2022-02-012023-01-3109387938core:OfficeEquipment2022-02-012023-01-3109387938dpl:AdministrativeExpenses2022-02-012023-01-3109387938core:NetGoodwill2022-02-012023-01-3109387938core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3109387938dpl:GroupUndertakings2022-02-012023-01-3109387938dpl:ParticipatingInterests2022-02-012023-01-3109387938dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3109387938core:ListedExchangeTraded2022-02-012023-01-3109387938dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3109387938core:UnlistedNon-exchangeTraded2022-02-012023-01-3109387938dpl:CostSales2021-02-012022-01-3109387938dpl:DistributionCosts2021-02-012022-01-3109387938core:LandBuildings2021-02-012022-01-3109387938core:PlantMachinery2021-02-012022-01-3109387938core:Vehicles2021-02-012022-01-3109387938core:FurnitureFittings2021-02-012022-01-3109387938core:OfficeEquipment2021-02-012022-01-3109387938dpl:AdministrativeExpenses2021-02-012022-01-3109387938core:NetGoodwill2021-02-012022-01-3109387938core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-3109387938dpl:GroupUndertakings2021-02-012022-01-3109387938dpl:ParticipatingInterests2021-02-012022-01-3109387938dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-01-3109387938core:ListedExchangeTraded2021-02-012022-01-3109387938dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-01-3109387938core:UnlistedNon-exchangeTraded2021-02-012022-01-3109387938core:NetGoodwill2023-01-3109387938core:IntangibleAssetsOtherThanGoodwill2023-01-3109387938core:LandBuildings2023-01-3109387938core:PlantMachinery2023-01-3109387938core:Vehicles2023-01-3109387938core:FurnitureFittings2023-01-3109387938core:OfficeEquipment2023-01-3109387938core:AfterOneYear2023-01-3109387938core:WithinOneYear2023-01-3109387938core:ListedExchangeTraded2023-01-3109387938core:UnlistedNon-exchangeTraded2023-01-3109387938core:ShareCapital2023-01-3109387938core:SharePremium2023-01-3109387938core:RevaluationReserve2023-01-3109387938core:OtherReservesSubtotal2023-01-3109387938core:RetainedEarningsAccumulatedLosses2023-01-3109387938core:NetGoodwill2022-01-3109387938core:IntangibleAssetsOtherThanGoodwill2022-01-3109387938core:LandBuildings2022-01-3109387938core:PlantMachinery2022-01-3109387938core:Vehicles2022-01-3109387938core:FurnitureFittings2022-01-3109387938core:OfficeEquipment2022-01-3109387938core:AfterOneYear2022-01-3109387938core:WithinOneYear2022-01-3109387938core:Liste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DIVERSIFYING GROUP LTD

Registered Number
09387938
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2023

DIVERSIFYING GROUP LTD
Company Information
for the year from 1 February 2022 to 31 January 2023

Director

Cynthia Davis

Registered Address

Dawson House
5 Jewry Street
London
EC3N 2EX

Registered Number

09387938 (England and Wales)
DIVERSIFYING GROUP LTD
Balance Sheet as at
31 January 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets58,697-
Tangible assets65,2962,137
13,9932,137
Current assets
Debtors305,600217,531
Cash at bank and on hand238,660237,321
544,260454,852
Creditors amounts falling due within one year250,276134,798
Net current assets (liabilities)293,984320,054
Total assets less current liabilities307,977322,191
Creditors amounts falling due after one year274,981127,249
Net assets32,996194,942
Capital and reserves
Called up share capital100100
Profit and loss account32,896194,842
Shareholders' funds32,996194,942
The financial statements were approved and authorised for issue by the Director on 21 February 2024, and are signed on its behalf by:
Cynthia Davis
Director
Registered Company No. 09387938
DIVERSIFYING GROUP LTD
Notes to the Financial Statements
for the year ended 31 January 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery2
Office Equipment2
Intangible assets policy
Intangible assets are non-physical assets that have a theoretical value to a business. They are often related to things like intellectual property and goodwill.
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year2415
5.Intangible assets

Total

£
Cost or valuation
Additions8,697
At 31 January 238,697
Net book value
At 31 January 238,697
At 31 January 22-
6.Property, plant and equipment

Total

£
Cost or valuation
At 01 February 228,965
Additions6,894
At 31 January 2315,859
Depreciation and impairment
At 01 February 226,828
Charge for year3,735
At 31 January 2310,563
Net book value
At 31 January 235,296
At 31 January 222,137