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REGISTERED NUMBER: 00879871 (England and Wales)











Financial Statements

for the Year Ended 31 July 2024

for

Diaploy Limited

Diaploy Limited (Registered number: 00879871)

Contents of the Financial Statements
for the Year Ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Diaploy Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: P Waterfield



REGISTERED OFFICE: 50 Osmaston Road
Derby
DE1 2HU



REGISTERED NUMBER: 00879871 (England and Wales)



ACCOUNTANTS: Mabe Allen LLP
Chartered Accountants
The Old Manse
29 St. Mary Street
Ilkeston
Derbyshire
DE7 8AB



BANKERS: Lloyds TSB Bank PLC
43 Iron Gate
Derby
Derbyshire
DE1 3FT

Diaploy Limited (Registered number: 00879871)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 350,891 358,579
Investment property 5 380,000 380,000
730,891 738,579

CURRENT ASSETS
Stocks 25,549 33,639
Debtors 6 122,686 119,228
Cash at bank and in hand 56,386 59,757
204,621 212,624
CREDITORS
Amounts falling due within one year 7 104,262 108,441
NET CURRENT ASSETS 100,359 104,183
TOTAL ASSETS LESS CURRENT
LIABILITIES

831,250

842,762

PROVISIONS FOR LIABILITIES 7,785 7,785
NET ASSETS 823,465 834,977

CAPITAL AND RESERVES
Called up share capital 8 890 950
Revaluation reserve 9 242,392 242,392
Capital redemption reserve 1,110 1,050
Retained earnings 579,073 590,585
SHAREHOLDERS' FUNDS 823,465 834,977

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Diaploy Limited (Registered number: 00879871)

Balance Sheet - continued
31 July 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 March 2025 and were signed by:





P Waterfield - Director


Diaploy Limited (Registered number: 00879871)

Notes to the Financial Statements
for the Year Ended 31 July 2024


1. STATUTORY INFORMATION

Diaploy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Principal accounting policies
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 20% on cost

Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Diaploy Limited (Registered number: 00879871)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment is a revaluation decrease.

Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 10 ) .

Diaploy Limited (Registered number: 00879871)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST OR VALUATION
At 1 August 2023 414,166 413,737 26,631 12,876 867,410
Additions - 1,795 - - 1,795
At 31 July 2024 414,166 415,532 26,631 12,876 869,205
DEPRECIATION
At 1 August 2023 61,658 408,637 25,660 12,876 508,831
Charge for year 7,653 1,583 247 - 9,483
At 31 July 2024 69,311 410,220 25,907 12,876 518,314
NET BOOK VALUE
At 31 July 2024 344,855 5,312 724 - 350,891
At 31 July 2023 352,508 5,100 971 - 358,579

Included in cost or valuation of land and buildings is freehold land of £ 31,515 (2023 - £ 31,515 ) which is not depreciated.

Cost or valuation at 31 July 2024 is represented by:

Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
Valuation in 2015 134,537 - - - 134,537
Cost 279,629 415,532 26,631 12,876 734,668
414,166 415,532 26,631 12,876 869,205

If the freehold property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 279,629 279,629
Aggregate depreciation 25,876 25,876

Value of land in freehold land and buildings 31,515 31,515

Freehold land and buildings was valued on an open market basis basis on 31 July 2015 by Mr D Waterfield, who is a director .

Diaploy Limited (Registered number: 00879871)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 380,000
NET BOOK VALUE
At 31 July 2024 380,000
At 31 July 2023 380,000

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2015 107,855
Cost 272,145
380,000

If the investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 272,145 272,145

Investment property was valued on an open market basis on 31 July 2015 by Mr D Waterfield, who is a director .

The valuation was reviewed by Mr waterfield in November 2023 and no change was considered necessary.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 107,750 100,792
Corporation tax 1,449 -
Prepayments 13,487 18,436
122,686 119,228

Diaploy Limited (Registered number: 00879871)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 40,541 38,424
Corporation tax - 2,266
Social security and other taxes 25,475 28,889
Other creditors 28,553 28,553
Wages control account - 3,867
Pension control account 893 1,167
Accruals and deferred income 8,800 5,275
104,262 108,441

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
950 Ordinary £1 890 950

9. RESERVES
Revaluation
reserve
£   
At 1 August 2023
and 31 July 2024 242,392