Company Registration No. 6123071 (England and Wales)
Diamond Business Services Ltd
Unaudited accounts
for the year ended 31 March 2024
Diamond Business Services Ltd
Unaudited accounts
Contents
Diamond Business Services Ltd
Company Information
for the year ended 31 March 2024
Company Number
6123071 (England and Wales)
Registered Office
THANCIAN 22 CHESTNUT LANE
CLIFTON CAMPVILLE
TAMWORTH
STAFFORDSHIRE
B79 0BN
Diamond Business Services Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
32,996
15,678
Cash at bank and in hand
2,403
8,160
Creditors: amounts falling due within one year
(8,088)
(4,291)
Net current (liabilities)/assets
(5,685)
3,869
Total assets less current liabilities
27,311
19,547
Creditors: amounts falling due after more than one year
(32,117)
(36,872)
Net liabilities
(4,806)
(17,325)
Called up share capital
10
10
Profit and loss account
(4,816)
(17,335)
Shareholders' funds
(4,806)
(17,325)
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 2 December 2024 and were signed on its behalf by
Mr S Lamb
Director
Company Registration No. 6123071
Diamond Business Services Ltd
Notes to the Accounts
for the year ended 31 March 2024
Diamond Business Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 6123071. The registered office is THANCIAN 22 CHESTNUT LANE, CLIFTON CAMPVILLE, TAMWORTH, STAFFORDSHIRE, B79 0BN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% - 33% Straight Line
Motor vehicles
20% - 33% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
51,496
26,500
77,996
Disposals
(9,500)
(26,500)
(36,000)
At 31 March 2024
41,996
37,889
79,885
At 1 April 2023
46,418
15,900
62,318
Charge for the year
1,058
5,683
6,741
On disposals
(6,270)
(15,900)
(22,170)
At 31 March 2024
41,206
5,683
46,889
At 31 March 2024
790
32,206
32,996
At 31 March 2023
5,078
10,600
15,678
Diamond Business Services Ltd
Notes to the Accounts
for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
5,612
1,511
Taxes and social security
490
793
Other creditors
1,986
1,987
6
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).