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Company Registration No. 06030760 (England and Wales)
Diamond Energy Limited Unaudited accounts for the year ended 31 December 2023
Diamond Energy Limited Unaudited accounts Contents
Page
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Diamond Energy Limited Company Information for the year ended 31 December 2023
Director
JF Harmer
Secretary
C Harmer
Company Number
06030760 (England and Wales)
Registered Office
3 Water Furlongs Purton Road Cricklade Swindon SN6 6JA
Accountants
Chris Burgess Accountancy Ltd The Old Surgery 48 High Street Chalgrove Oxfordshire OX44 7SS
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Diamond Energy Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
702 
1,053 
Current assets
Debtors
6,812 
10,118 
Cash at bank and in hand
6,560 
859 
13,372 
10,977 
Creditors: amounts falling due within one year
(13,184)
(4,978)
Net current assets
188 
5,999 
Net assets
890 
7,052 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
790 
6,952 
Shareholders' funds
890 
7,052 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 14 April 2024 and were signed on its behalf by
JF Harmer Director Company Registration No. 06030760
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Diamond Energy Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Diamond Energy Limited is a private company, limited by shares, registered in England and Wales, registration number 06030760. The registered office is 3 Water Furlongs Purton Road, Cricklade, Swindon, SN6 6JA.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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:
Computer equipment
25% Straight Line
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Diamond Energy Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
1,404 
At 31 December 2023
1,404 
Depreciation
At 1 January 2023
351 
Charge for the year
351 
At 31 December 2023
702 
Net book value
At 31 December 2023
702 
At 31 December 2022
1,053 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,812 
1,500 
Accrued income and prepayments
- 
8,618 
6,812 
10,118 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
9,739 
1,643 
Loans from directors
1,395 
1,395 
Accruals
2,050 
1,940 
13,184 
4,978 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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