Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-312022-08-01No description of principal activityfalse00falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03819349 2022-08-01 2023-07-31 03819349 2021-08-01 2022-07-31 03819349 2023-07-31 03819349 2022-07-31 03819349 2021-08-01 03819349 1 2022-08-01 2023-07-31 03819349 d:Director1 2022-08-01 2023-07-31 03819349 d:Director2 2022-08-01 2023-07-31 03819349 d:RegisteredOffice 2022-08-01 2023-07-31 03819349 c:CurrentFinancialInstruments 2023-07-31 03819349 c:CurrentFinancialInstruments 2022-07-31 03819349 c:CurrentFinancialInstruments c:WithinOneYear 2023-07-31 03819349 c:CurrentFinancialInstruments c:WithinOneYear 2022-07-31 03819349 c:ShareCapital 2023-07-31 03819349 c:ShareCapital 2022-07-31 03819349 c:ShareCapital 2021-08-01 03819349 c:RetainedEarningsAccumulatedLosses 2022-08-01 2023-07-31 03819349 c:RetainedEarningsAccumulatedLosses 2023-07-31 03819349 c:RetainedEarningsAccumulatedLosses 2022-07-31 03819349 c:RetainedEarningsAccumulatedLosses 2021-08-01 03819349 d:FRS102 2022-08-01 2023-07-31 03819349 d:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 03819349 d:FullAccounts 2022-08-01 2023-07-31 03819349 d:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 03819349 e:USDollar 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure
Registered number: 03819349 (England and Wales)














@DIAMOND LIMITED
UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023


 
@DIAMOND LIMITED
 

 
COMPANY INFORMATION


Directors
J M Diamond 
A C Diamond 




Registered number
03819349



Registered office
Birchin Court
5th Floor

19-25 Birchin Lane

London

United Kingdom

EC3V 9DU




Accountants
ZEDRA Corporate Reporting Services (UK) Limited






 
@DIAMOND LIMITED
 


CONTENTS



Page
Balance sheet
 
1
Statement of changes in equity
 
2
Notes to the financial statements
 
3 - 5



 
@DIAMOND LIMITED
REGISTERED NUMBER:03819349


BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
$
$

  

Current assets
  

Debtors: amounts falling due within one year
 3 
446,011
-

  
446,011
-

Creditors: amounts falling due within one year
 4 
(230,232)
(448)

Net current assets/(liabilities)
  
 
 
215,779
 
 
(448)

Total assets less current liabilities
  
215,779
(448)

  

Net assets/(liabilities)
  
215,779
(448)


Capital and reserves
  

Called up share capital 
  
79
79

Profit and loss account
  
215,700
(527)

  
215,779
(448)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

J M Diamond
Director

Date: 27 November 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 1


 
@DIAMOND LIMITED
 


STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 JULY 2023


Called up share capital
Profit and loss account
Total equity

$
$
$


At 1 August 2021
79
(527)
(448)



At 1 August 2022
79
(527)
(448)



Profit for the year
-
618,117
618,117

Dividends declared
-
(401,890)
(401,890)


At 31 July 2023
79
215,700
215,779


Page 2


 
@DIAMOND LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
1.2

Going concern

The Company's financial statements are prepared on the going concern basis as the Company continues to generate profits from normal operating activities. The directors have reviewed the forecast performance of the Company for a period of at least 12 months from the date of approval of these financial statements and on this basis have prepared the financial statements on a going concern basis.

 
1.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is USD.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3


 
@DIAMOND LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.Accounting policies (continued)

 
1.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
1.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.7

Creditors

Short term creditors are measured initiall at the transaction price and subsequently at amortised cost
using the effective interest method.

 
1.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4


 
@DIAMOND LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2022 - $NIL).


3.


Debtors

2023
2022
$
$


Directors loan
446,011
-

446,011
-



4.


Creditors: Amounts falling due within one year

2023
2022
$
$

Amounts owed to group undertakings
69,700
448

Corporation tax
155,464
-

Accruals and deferred income
5,068
-

230,232
448



5.


Controlling party

The directors consider A Diamond to be the ultimate controlling party of the Company by virtue of her
shareholding in the Company.


6.


Post balance sheet events

There were no adjusting or non-adjusting events occuring between the end of the reporting period and the
date these financial statements were approved.

 
Page 5