DIAMOND IMPEX LTD

Company Registration Number:
10242018 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

DIAMOND IMPEX LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

DIAMOND IMPEX LTD

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 235,934 266,074
Total fixed assets: 235,934 266,074
Current assets
Stocks: 357,548 250,845
Debtors: 4 38,384 35,215
Cash at bank and in hand: 33,992 29,963
Total current assets: 429,924 316,023
Creditors: amounts falling due within one year: 5 (44,624) (56,931)
Net current assets (liabilities): 385,300 259,092
Total assets less current liabilities: 621,234 525,166
Creditors: amounts falling due after more than one year: 6 (1,046,065) (853,893)
Total net assets (liabilities): (424,831) (328,727)
Capital and reserves
Called up share capital: 201,000 201,000
Other reserves: (96,104) (172,399)
Profit and loss account: (529,727) (357,328)
Shareholders funds: (424,831) (328,727)

The notes form part of these financial statements

DIAMOND IMPEX LTD

Balance sheet statements

For the year ending 30 June 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 10 September 2024
and signed on behalf of the board by:

Name: Shahin CHERAGHI
Status: Director

The notes form part of these financial statements

DIAMOND IMPEX LTD

Notes to the Financial Statements

for the Period Ended 30 June 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

DIAMOND IMPEX LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 15 15

DIAMOND IMPEX LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 266,074
Additions 21,650
At 30 June 2023 287,724
Depreciation
At 01 July 2022 0
Charge for year 51,790
At 30 June 2023 51,790
Net book value
At 30 June 2023 235,934
At 30 June 2022 266,074

DIAMOND IMPEX LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 38,383 32,815

DIAMOND IMPEX LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Creditors: amounts falling due within one year note

The following amounts are included within creditors and are due for payment within one year: Other Debtors -Employee Loan: £4,189 Staff Wages Payable (Net): £4,478 Taxation and social security: £31,589 Nest: £4,367 Total creditors due within one year: £44,623

DIAMOND IMPEX LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

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

The following amounts are included within creditors and are due for payment after one year: Long-term bank loans: £29,211 Dir's Loan Account: £1,016,854 Total creditors due after one year: £1,046,065