1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 3,129 1,033 692 1,725 1,404 2,096 xbrli:pure xbrli:shares iso4217:GBP 11434974 2023-07-01 2024-06-30 11434974 2024-06-30 11434974 2023-06-30 11434974 2022-07-01 2023-06-30 11434974 2023-06-30 11434974 2022-06-30 11434974 bus:Director1 2023-07-01 2024-06-30 11434974 core:WithinOneYear 2024-06-30 11434974 core:WithinOneYear 2023-06-30 11434974 core:ShareCapital 2024-06-30 11434974 core:ShareCapital 2023-06-30 11434974 core:RetainedEarningsAccumulatedLosses 2024-06-30 11434974 core:RetainedEarningsAccumulatedLosses 2023-06-30 11434974 bus:SmallEntities 2023-07-01 2024-06-30 11434974 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 11434974 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 11434974 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11434974 bus:FullAccounts 2023-07-01 2024-06-30 11434974 core:ComputerEquipment 2023-07-01 2024-06-30 11434974 core:ComputerEquipment 2024-06-30 11434974 core:ComputerEquipment 2023-06-30
COMPANY REGISTRATION NUMBER: 11434974
Diamond Moonlight Limited
Filleted Unaudited Financial Statements
30 June 2024
Diamond Moonlight Limited
Statement of Financial Position
30 June 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
5
1,404
2,096
Current assets
Debtors
6
3,265
13,074
Cash at bank and in hand
3,249
4,109
-------
--------
6,514
17,183
Creditors: amounts falling due within one year
7
6,359
4,979
-------
--------
Net current assets
155
12,204
-------
--------
Total assets less current liabilities
1,559
14,300
-------
--------
Net assets
1,559
14,300
-------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
1,459
14,200
-------
--------
Shareholders funds
1,559
14,300
-------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Diamond Moonlight Limited
Statement of Financial Position (continued)
30 June 2024
These financial statements were approved by the board of directors and authorised for issue on 16 August 2024 , and are signed on behalf of the board by:
Mr G Di Piazza
Director
Company registration number: 11434974
Diamond Moonlight Limited
Notes to the Financial Statements
Year ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 40 Kimbolton Road, Bedford, MK40 2NR.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
33% reducing balance
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Tangible assets
Equipment
£
Cost
At 1 July 2023 and 30 June 2024
3,129
-------
Depreciation
At 1 July 2023
1,033
Charge for the year
692
-------
At 30 June 2024
1,725
-------
Carrying amount
At 30 June 2024
1,404
-------
At 30 June 2023
2,096
-------
6. Debtors
2024
2023
£
£
Trade debtors
800
943
Other debtors
2,465
12,131
-------
--------
3,265
13,074
-------
--------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
4,379
Other creditors
6,359
600
-------
-------
6,359
4,979
-------
-------
8. Directors' advances, credits and guarantees