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Company Registration No. 07709203 (England and Wales)
Diamond Edge Professional Hair Limited Unaudited accounts for the year ended 30 June 2024
Diamond Edge Professional Hair Limited Unaudited accounts Contents
Page
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Diamond Edge Professional Hair Limited Company Information for the year ended 30 June 2024
Director
Kevin Ebsworth
Company Number
07709203 (England and Wales)
Registered Office
203 West Street Fareham Hampshire PO16 0EN
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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Diamond Edge Professional Hair Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
692 
922 
Current assets
Debtors
8,120 
4,028 
Cash at bank and in hand
984 
1,024 
9,104 
5,052 
Creditors: amounts falling due within one year
(9,628)
(5,908)
Net current liabilities
(524)
(856)
Net assets
168 
66 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
166 
64 
Shareholders' funds
168 
66 
For the year ending 30 June 2024 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 23 July 2024 and were signed on its behalf by
Kevin Ebsworth Director Company Registration No. 07709203
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Diamond Edge Professional Hair Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Diamond Edge Professional Hair Limited is a private company, limited by shares, registered in England and Wales, registration number 07709203. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN.
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.
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 % Reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2023
15,000 
At 30 June 2024
15,000 
Depreciation
At 1 July 2023
14,078 
Charge for the year
230 
At 30 June 2024
14,308 
Net book value
At 30 June 2024
692 
At 30 June 2023
922 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
8,120 
4,028 
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Diamond Edge Professional Hair Limited Notes to the Accounts for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,526 
944 
Other creditors
281 
281 
Accruals
5,821 
4,683 
9,628 
5,908 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Kevin Ebsworth
Directors Loan Account
4,028 
(23,686)
(25,731)
6,073 
4,028 
(23,686)
(25,731)
6,073 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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