IRIS Accounts Production v24.1.4.33 04511018 Board of Directors Board of Directors 1.12.22 30.11.23 30.11.23 true false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045110182022-11-30045110182023-11-30045110182022-12-012023-11-30045110182021-11-30045110182021-12-012022-11-30045110182022-11-3004511018ns15:EnglandWales2022-12-012023-11-3004511018ns14:PoundSterling2022-12-012023-11-3004511018ns10:Director12022-12-012023-11-3004511018ns10:Director22022-12-012023-11-3004511018ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3004511018ns10:SmallEntities2022-12-012023-11-3004511018ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3004511018ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3004511018ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3004511018ns10:FullAccounts2022-12-012023-11-300451101812022-12-012023-11-3004511018ns10:CompanySecretary12022-12-012023-11-3004511018ns10:RegisteredOffice2022-12-012023-11-3004511018ns5:CurrentFinancialInstruments2023-11-3004511018ns5:CurrentFinancialInstruments2022-11-3004511018ns5:Non-currentFinancialInstruments2023-11-3004511018ns5:Non-currentFinancialInstruments2022-11-3004511018ns5:ShareCapital2023-11-3004511018ns5:ShareCapital2022-11-3004511018ns5:RetainedEarningsAccumulatedLosses2023-11-3004511018ns5:RetainedEarningsAccumulatedLosses2022-11-3004511018ns5:NetGoodwill2022-12-012023-11-3004511018ns5:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3004511018ns5:PlantMachinery2022-12-012023-11-3004511018ns5:MotorVehicles2022-12-012023-11-3004511018ns5:NetGoodwill2022-11-3004511018ns5:NetGoodwill2023-11-3004511018ns5:NetGoodwill2022-11-3004511018ns5:PlantMachinery2022-11-3004511018ns5:MotorVehicles2022-11-3004511018ns5:PlantMachinery2023-11-3004511018ns5:MotorVehicles2023-11-3004511018ns5:PlantMachinery2022-11-3004511018ns5:MotorVehicles2022-11-3004511018ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-11-3004511018ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-12-012023-11-3004511018ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-11-3004511018ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-11-3004511018ns5:CostValuation2022-11-3004511018ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3004511018ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30045110181ns10:Director12022-11-30045110181ns10:Director12021-11-30045110181ns10:Director12022-12-012023-11-30045110181ns10:Director12021-12-012022-11-30045110181ns10:Director12023-11-30045110181ns10:Director12022-11-3004511018ns10:Director222022-11-3004511018ns10:Director222021-11-3004511018ns10:Director222022-12-012023-11-3004511018ns10:Director222021-12-012022-11-3004511018ns10:Director222023-11-3004511018ns10:Director222022-11-30
REGISTERED NUMBER: 04511018 (England and Wales)

















Diverse UK Limited

Financial Statements

for the Year Ended 30 November 2023






Diverse UK Limited (Registered number: 04511018)

Contents of the Financial Statements
for the year ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Diverse UK Limited

Company Information
for the year ended 30 November 2023







DIRECTORS: A Willmington
Miss N Crook



SECRETARY: Miss N Crook



REGISTERED OFFICE: 24 Cornwall Road
Dorchester
Dorset
DT1 1RX



REGISTERED NUMBER: 04511018 (England and Wales)



ACCOUNTANTS: Read Woodruff
Chartered Accountants
24 Cornwall Road
Dorchester
Dorset
DT1 1RX



BANKERS: Barclays Bank plc
10 South Street
Dorchester
Dorset
DT1 1BT

Diverse UK Limited (Registered number: 04511018)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 77,009 72,123
Investments 6 300 300
77,309 72,423

CURRENT ASSETS
Debtors 7 39,761 37,219
Cash at bank 42,193 69,394
81,954 106,613
CREDITORS
Amounts falling due within one year 8 134,932 150,628
NET CURRENT LIABILITIES (52,978 ) (44,015 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,331

28,408

CREDITORS
Amounts falling due after more than one
year

9

-

(3,905

)

PROVISIONS FOR LIABILITIES (15,685 ) (13,434 )
NET ASSETS 8,646 11,069

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 8,642 11,065
SHAREHOLDERS' FUNDS 8,646 11,069

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Diverse UK Limited (Registered number: 04511018)

Balance Sheet - continued
30 November 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 13 August 2024 and were signed on its behalf by:




A Willmington - Director



Miss N Crook - Director


Diverse UK Limited (Registered number: 04511018)

Notes to the Financial Statements
for the year ended 30 November 2023


1. STATUTORY INFORMATION

Diverse UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, was amortised evenly over its estimated useful life of 10 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

Diverse UK Limited (Registered number: 04511018)

Notes to the Financial Statements - continued
for the year ended 30 November 2023


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 1,000
AMORTISATION
At 1 December 2022
and 30 November 2023 1,000
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 December 2022 216,358 49,737 266,095
Additions 8,175 20,900 29,075
Disposals (2,174 ) (5,728 ) (7,902 )
At 30 November 2023 222,359 64,909 287,268
DEPRECIATION
At 1 December 2022 149,611 44,361 193,972
Charge for year 17,772 5,558 23,330
Eliminated on disposal (1,876 ) (5,167 ) (7,043 )
At 30 November 2023 165,507 44,752 210,259
NET BOOK VALUE
At 30 November 2023 56,852 20,157 77,009
At 30 November 2022 66,747 5,376 72,123

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 December 2022
and 30 November 2023 38,150
DEPRECIATION
At 1 December 2022 26,079
Charge for year 3,018
At 30 November 2023 29,097
NET BOOK VALUE
At 30 November 2023 9,053
At 30 November 2022 12,071

Diverse UK Limited (Registered number: 04511018)

Notes to the Financial Statements - continued
for the year ended 30 November 2023


6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2022
and 30 November 2023 300
NET BOOK VALUE
At 30 November 2023 300
At 30 November 2022 300

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 120 -
Other debtors 39,641 19,091
Directors' current accounts - 18,128
39,761 37,219

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 3,905 5,230
Trade creditors 706 866
UK corporation tax 8,357 17,267
Tax and social security costs 3,043 5,923
Other creditors 116,834 119,342
Directors' current accounts 87 -
Accruals and deferred income 2,000 2,000
134,932 150,628

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts - 3,905

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 3,905 9,135

Hire purchase liabilities are secured on the assets concerned.

Diverse UK Limited (Registered number: 04511018)

Notes to the Financial Statements - continued
for the year ended 30 November 2023


11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
A Willmington
Balance outstanding at start of year 9,064 4,220
Amounts advanced - 9,064
Amounts repaid (9,064 ) (4,220 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 9,064

Miss N Crook
Balance outstanding at start of year 9,064 -
Amounts advanced - 9,064
Amounts repaid (9,064 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 9,064