SOFT DIAMOND LIMITED

Company Registration Number:
11066221 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

SOFT DIAMOND LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

SOFT DIAMOND LIMITED

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 1,250 4,000
Tangible assets: 4 53,027 109,135
Total fixed assets: 54,277 113,135
Current assets
Stocks: 7,551 7,553
Debtors:   11,116 12,056
Cash at bank and in hand: 23,143 103,801
Total current assets: 41,810 123,410
Creditors: amounts falling due within one year:   (20,590) (15,457)
Net current assets (liabilities): 21,220 107,953
Total assets less current liabilities: 75,497 221,088
Creditors: amounts falling due after more than one year: 5 (78,396) (203,137)
Total net assets (liabilities): (2,899) 17,951
Capital and reserves
Called up share capital: 100 100
Share premium account: 156,514 156,514
Profit and loss account: (159,513) (138,663)
Shareholders funds: (2,899) 17,951

The notes form part of these financial statements

SOFT DIAMOND LIMITED

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 August 2024
and signed on behalf of the board by:

Name: Suhail Shahid
Status: Director

The notes form part of these financial statements

SOFT DIAMOND LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SOFT DIAMOND LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 20 17

SOFT DIAMOND LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Intangible Assets

Total
Cost £
At 01 December 2022 15,000
At 30 November 2023 15,000
Amortisation
At 01 December 2022 11,000
Charge for year 2,750
At 30 November 2023 13,750
Net book value
At 30 November 2023 1,250
At 30 November 2022 4,000

SOFT DIAMOND LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible Assets

Total
Cost £
At 01 December 2022 408,940
Additions 17,554
At 30 November 2023 426,494
Depreciation
At 01 December 2022 299,805
Charge for year 73,662
At 30 November 2023 373,467
Net book value
At 30 November 2023 53,027
At 30 November 2022 109,135

SOFT DIAMOND LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Creditors: amounts falling due after more than one year note

Bank Loans Obligations under finance lease and hire purchase contract