DIAGNAL UK LTD

Company Registration Number:
13878408 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

DIAGNAL UK LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

DIAGNAL UK LTD

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 2,050 1,201
Total fixed assets: 2,050 1,201
Current assets
Debtors:   304,979 189,695
Cash at bank and in hand: 360,261 442,686
Total current assets: 665,240 632,381
Creditors: amounts falling due within one year:   (881,183) (698,132)
Net current assets (liabilities): (215,943) (65,751)
Total assets less current liabilities: (213,893) (64,550)
Total net assets (liabilities): (213,893) (64,550)
Capital and reserves
Called up share capital: 10 10
Profit and loss account: (213,903) (64,560)
Shareholders funds: (213,893) (64,550)

The notes form part of these financial statements

DIAGNAL UK LTD

Balance sheet statements

For the year ending 31 January 2024 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 October 2024
and signed on behalf of the board by:

Name: Reuben Verghese
Status: Director

The notes form part of these financial statements

DIAGNAL UK LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

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

Turnover policy

Revenue Recognition Revenue is recognized at the fair value of the consideration receivable and represents the amounts receivable for the services rendered. Revenue for provision of service is recognised when it is certain that an economic benefit will flow to the entity and the revenue and costs can be reliably measured.

Tangible fixed assets and depreciation policy

Tangible Assets Tangible assets are initially measured at cost. After initial recognition, tangible assets are measured at cost reduced by accumulated depreciation. Depreciation Depreciation is calculated so as to write off the cost of an asset reduced by its residual value, if any, over the useful economic life of that asset which is 20 percent under straight line method on computer equipment

Other accounting policies

Statutory Information Diagnal UK Ltd (13878408) is a private company, limited by shares, registered in England and Wales. The company’s registered office address is 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ. Accounting policies Basis of Preparation of Financial Statements These financial statements have been prepared in accordance with the Financial Reporting Standard 102 applicable in the UK and the Republic of Ireland and in accordance with the provisions of section 1A of “Small Entities” and the Companies Act, 2006. Significant judgements and estimates The preparation of financial statements required management to make judgements, estimates and assumptions that affect the amounts reported in the financial statements. These judgements are inherently uncertain and actual results may differ from these estimates. The Company’s management reviews and revise these estimates on an ongoing basis to reflect the most current information and circumstances. Going concern The financial statements have been prepared on a going concern basis, as management believes that the company will continue its operations for the foreseeable future considering the historical performance and current liquidity. There are no material events or conditions such as legal disputes, regulatory changes or other circumstances that cast substantial doubt on the company’s ability to continue as a going concern. Foreign Currency transactions Foreign currency transactions are initially recorded in the functional currency, by applying the official HMRC foreign currency exchange monthly rates. Income and expenses denominated in foreign currency are translated at the exchange rate with any foreign exchange gains or losses being taken to the profit and loss account. Defined contribution plan Contribution to defined contribution plans are recognised as an expense in the period in which the related service is provided.

DIAGNAL UK LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 3 2

DIAGNAL UK LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible Assets

Total
Cost £
At 01 February 2023 1,501
Additions 1,437
At 31 January 2024 2,938
Depreciation
At 01 February 2023 300
Charge for year 588
At 31 January 2024 888
Net book value
At 31 January 2024 2,050
At 31 January 2023 1,201