Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30true2023-07-01falseNo description of principal activity1213trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10245295 2023-07-01 2024-06-30 10245295 2022-07-01 2023-06-30 10245295 2024-06-30 10245295 2023-06-30 10245295 c:Director1 2023-07-01 2024-06-30 10245295 d:PlantMachinery 2023-07-01 2024-06-30 10245295 d:PlantMachinery 2024-06-30 10245295 d:PlantMachinery 2023-06-30 10245295 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10245295 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 10245295 d:MotorVehicles 2023-07-01 2024-06-30 10245295 d:MotorVehicles 2024-06-30 10245295 d:MotorVehicles 2023-06-30 10245295 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10245295 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 10245295 d:OfficeEquipment 2023-07-01 2024-06-30 10245295 d:OfficeEquipment 2024-06-30 10245295 d:OfficeEquipment 2023-06-30 10245295 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10245295 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 10245295 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10245295 d:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 10245295 d:ComputerSoftware 2024-06-30 10245295 d:ComputerSoftware 2023-06-30 10245295 d:CurrentFinancialInstruments 2024-06-30 10245295 d:CurrentFinancialInstruments 2023-06-30 10245295 d:Non-currentFinancialInstruments 2024-06-30 10245295 d:Non-currentFinancialInstruments 2023-06-30 10245295 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 10245295 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 10245295 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 10245295 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 10245295 d:ShareCapital 2024-06-30 10245295 d:ShareCapital 2023-06-30 10245295 d:RetainedEarningsAccumulatedLosses 2024-06-30 10245295 d:RetainedEarningsAccumulatedLosses 2023-06-30 10245295 c:FRS102 2023-07-01 2024-06-30 10245295 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10245295 c:FullAccounts 2023-07-01 2024-06-30 10245295 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10245295 d:HirePurchaseContracts d:WithinOneYear 2024-06-30 10245295 d:HirePurchaseContracts d:WithinOneYear 2023-06-30 10245295 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-06-30 10245295 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-06-30 10245295 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2023-07-01 2024-06-30 10245295 6 2023-07-01 2024-06-30 10245295 d:AcceleratedTaxDepreciationDeferredTax 2024-06-30 10245295 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 10245295 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-06-30 10245295 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-06-30 10245295 d:ComputerSoftware d:OwnedIntangibleAssets 2023-07-01 2024-06-30 10245295 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 10245295









DIAFORA LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

 
DIAFORA LIMITED
REGISTERED NUMBER: 10245295

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
2,620
2,450

Tangible assets
 5 
181,998
255,934

Investments
 6 
200
200

Current assets
  

Debtors: amounts falling due within one year
 7 
210,628
234,498

Cash at bank and in hand
  
157,482
112,024

  
368,110
346,522

Creditors: amounts falling due within one year
 8 
(356,439)
(363,675)

Net current assets/(liabilities)
  
 
 
11,671
 
 
(17,153)

Total assets less current liabilities
  
196,489
241,431

Creditors: amounts falling due after more than one year
 9 
(130,392)
(186,208)

Provisions for liabilities
  

Deferred tax
 11 
(43,263)
(48,129)

Net assets
  
22,834
7,094


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
22,832
7,092

  
22,834
7,094


Page 1

 
DIAFORA LIMITED
REGISTERED NUMBER: 10245295
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

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 on 20 March 2025.




P Holden
Director

The notes on pages 3 to 11 form part of these financial statements.

Page 2

 
DIAFORA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

The company is a private limited company, which is incorporated and registered in England (registration
number: 10245295). The address of the registered office is Cromwell House, 68 West Gate, Mansfield, Nottinghamshire, NG18 1RR. 

2.Accounting policies

 
2.1

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:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis. The directors believe that the company has sufficient resources to be able to continue to trade until at least March 2026.
At the time of signing there is a degree of uncertainty about the longer term economic impact of the cost of living and wider global issues. The directors continue to monitor the position closely, however believe that the company can continue at an appropriate level of activity, subject to their continued support.

 
2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

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.

Page 3

 
DIAFORA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Page 4

 
DIAFORA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.7

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 5

 
DIAFORA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
33.3% straight line
Motor vehicles
-
20% straight line
Office equipment
-
33.3% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.


3.


Employees

The average monthly number of employees, including directors, during the year was 12 (2023 - 13).

Page 6

 
DIAFORA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Intangible assets




Computer software

£



Cost


At 1 July 2023
3,062


Additions
978



At 30 June 2024

4,040



Amortisation


At 1 July 2023
612


Charge for the year on owned assets
808



At 30 June 2024

1,420



Net book value



At 30 June 2024
2,620



At 30 June 2023
2,450



Page 7

 
DIAFORA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2023
8,105
337,694
36,805
382,604


Additions
-
-
1,152
1,152



At 30 June 2024

8,105
337,694
37,957
383,756



Depreciation


At 1 July 2023
8,105
91,413
27,152
126,670


Charge for the year on owned assets
-
4,198
7,550
11,748


Charge for the year on financed assets
-
63,340
-
63,340



At 30 June 2024

8,105
158,951
34,702
201,758



Net book value



At 30 June 2024
-
178,743
3,255
181,998



At 30 June 2023
-
246,281
9,653
255,934

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
168,647
231,988

Page 8

 
DIAFORA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Investments in Subsidiary Companies





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2023
200



At 30 June 2024
200





7.


Debtors

2024
2023
£
£


Trade debtors
182,427
213,179

Prepayments and accrued income
28,201
21,319

210,628
234,498


Page 9

 
DIAFORA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
125,377
210,750

Amounts owed to group undertakings
200
200

Other taxation and social security
166,760
89,872

Obligations under finance lease and hire purchase contracts
55,816
55,212

Other creditors
8,286
7,641

356,439
363,675


The following liabilities were secured:

2024
2023
£
£



Obligations under finance lease and hire purchase contracts
55,816
55,212

Details of security provided:

The hire purchase liabilities are secured against the assets to which they relate.


9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
130,392
186,208


The following liabilities were secured:

2024
2023
£
£



Obligations under finance lease and hire purchase contracts
130,392
186,208

Details of security provided:

The hire purchase liabilities are secured against the assets to which they relate.

Page 10

 
DIAFORA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
55,816
55,212

Between 1-5 years
130,392
186,208

186,208
241,420


11.


Deferred taxation




2024


£






At beginning of year
(48,129)


Charged to profit or loss
4,866



At end of year
(43,263)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(43,263)
(48,129)

(43,263)
(48,129)


12.


Pension commitments

The company operates a defined contributions pension scheme.  The assets of the scheme are held separately from those of the company in an independently administered fund.  The pension cost charge represents contributions payable by the company and amounted to £47,075 (2023: £48,189).  Contributions totalling £7,687 (2023: £8,244) were payable to the fund at the balance sheet date and are included within creditors.

 
Page 11