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Company Registration No. 06950772 (England and Wales)
Dimond Plumbing Ltd Unaudited accounts for the year ended 31 March 2024
Dimond Plumbing Ltd Unaudited accounts Contents
Page
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Dimond Plumbing Ltd Company Information for the year ended 31 March 2024
Director
Matthew Dimond
Company Number
06950772 (England and Wales)
Registered Office
56 Albert Road Bromley Kent BR2 9PY
Accountants
Nigel Deacon FMAAT FCIS Promedia Accountancy Ltd 49 The Crosspath Radlett Hertfordshire WD7 8HP
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Dimond Plumbing Ltd Accountants' report
Accountants' report to the director of Dimond Plumbing Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Nigel Deacon FMAAT FCIS Promedia Accountancy Ltd 49 The Crosspath Radlett Hertfordshire WD7 8HP 12 July 2024
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Dimond Plumbing Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,352 
4,470 
Current assets
Inventories
500 
500 
Debtors
31,553 
19,836 
Cash at bank and in hand
4,246 
(1,366)
36,299 
18,970 
Creditors: amounts falling due within one year
(41,885)
(19,288)
Net current liabilities
(5,586)
(318)
Total assets less current liabilities
(2,234)
4,152 
Creditors: amounts falling due after more than one year
- 
(6,413)
Net liabilities
(2,234)
(2,261)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(2,244)
(2,271)
Shareholders' funds
(2,234)
(2,261)
For the year ending 31 March 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 13 July 2024 and were signed on its behalf by
Matthew Dimond Director Company Registration No. 06950772
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Dimond Plumbing Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Dimond Plumbing Ltd is a private company, limited by shares, registered in England and Wales, registration number 06950772. The registered office is 56 Albert Road, Bromley, Kent, BR2 9PY.
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:
Plant & machinery
25% on the reducing balance
Motor vehicles
25% on the reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
17,009 
16,556 
33,565 
At 31 March 2024
17,009 
16,556 
33,565 
Depreciation
At 1 April 2023
17,009 
12,086 
29,095 
Charge for the year
- 
1,118 
1,118 
At 31 March 2024
17,009 
13,204 
30,213 
Net book value
At 31 March 2024
- 
3,352 
3,352 
At 31 March 2023
- 
4,470 
4,470 
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Dimond Plumbing Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,204 
11,080 
Accrued income and prepayments
13,000 
- 
Other debtors
9,349 
7,305 
31,553 
18,385 
Amounts falling due after more than one year
Other debtors
- 
1,451 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,302 
6,467 
Obligations under finance leases and hire purchase contracts
- 
1,737 
Trade creditors
28,154 
4,623 
Taxes and social security
9,429 
6,461 
41,885 
19,288 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
6,413 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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