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Company Registration No. 08821138 (England and Wales)
Diamond Property Maintenance Limited Unaudited accounts for the year ended 31 December 2024
Diamond Property Maintenance Limited Unaudited accounts Contents
Page
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Diamond Property Maintenance Limited Company Information for the year ended 31 December 2024
Directors
MR R MCILWRAITH MRS A MCILWRAITH
Company Number
08821138 (England and Wales)
Registered Office
171 Wheelwright Lane Ash Green Coventry West Midlands CV7 9HR England
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Diamond Property Maintenance Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,947 
2,068 
Investment property
167,197 
167,197 
174,144 
169,265 
Current assets
Debtors
9,036 
2,568 
Cash at bank and in hand
10,678 
982 
19,714 
3,550 
Creditors: amounts falling due within one year
(3,221)
(8,622)
Net current assets/(liabilities)
16,493 
(5,072)
Total assets less current liabilities
190,637 
164,193 
Creditors: amounts falling due after more than one year
(202,040)
(189,534)
Provisions for liabilities
Deferred tax
(1,320)
(392)
Net liabilities
(12,723)
(25,733)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(12,725)
(25,735)
Shareholders' funds
(12,723)
(25,733)
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 11 April 2024 and were signed on its behalf by
MR R MCILWRAITH Director Company Registration No. 08821138
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Diamond Property Maintenance Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Diamond Property Maintenance Limited is a private company, limited by shares, registered in England and Wales, registration number 08821138. The registered office is 171 Wheelwright Lane, Ash Green, Coventry, West Midlands, CV7 9HR, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
4,381 
- 
2,969 
7,350 
Additions
525 
6,667 
- 
7,192 
At 31 December 2024
4,906 
6,667 
2,969 
14,542 
Depreciation
At 1 January 2024
2,996 
- 
2,286 
5,282 
Charge for the year
476 
1,666 
171 
2,313 
At 31 December 2024
3,472 
1,666 
2,457 
7,595 
Net book value
At 31 December 2024
1,434 
5,001 
512 
6,947 
At 31 December 2023
1,385 
- 
683 
2,068 
5
Investment property
2024 
£ 
Fair value at 1 January 2024
167,197 
At 31 December 2024
167,197 
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Diamond Property Maintenance Limited Notes to the Accounts for the year ended 31 December 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,141 
- 
Accrued income and prepayments
137 
2,368 
Other debtors
6,758 
200 
9,036 
2,568 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
1,626 
Trade creditors
- 
3,836 
Taxes and social security
- 
82 
Other creditors
303 
160 
Accruals
2,918 
2,918 
3,221 
8,622 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
16,029 
24,089 
Trade creditors
2,010 
- 
Loans from directors
184,001 
165,445 
202,040 
189,534 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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