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Company Registration No. 09016088 (England and Wales)
Diban Ltd Unaudited accounts for the year ended 31 March 2025
Diban Ltd Unaudited accounts Contents
Page
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Diban Ltd Company Information for the year ended 31 March 2025
Director
Dumitru Ban
Secretary
Adriana-Diana Ban
Company Number
09016088 (England and Wales)
Registered Office
Diban Ltd Pad Hoo Farm, Hoo Lane, Offley Hitchin Hertfordshire SG5 3ED England
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Diban Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
359,619 
547,846 
Investments
202 
202 
359,821 
548,048 
Current assets
Inventories
220,401 
171,401 
Debtors
758,525 
726,867 
Cash at bank and in hand
49,275 
26,744 
1,028,201 
925,012 
Creditors: amounts falling due within one year
(853,548)
(825,199)
Net current assets
174,653 
99,813 
Total assets less current liabilities
534,474 
647,861 
Creditors: amounts falling due after more than one year
(120,697)
(234,338)
Net assets
413,777 
413,523 
Capital and reserves
Called up share capital
45,000 
1 
Profit and loss account
368,777 
413,522 
Shareholders' funds
413,777 
413,523 
For the year ending 31 March 2025 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 12 April 2025 and were signed on its behalf by
Dumitru Ban Director Company Registration No. 09016088
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Diban Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Diban Ltd is a private company, limited by shares, registered in England and Wales, registration number 09016088. The registered office is Diban Ltd, Pad, Hoo Farm, Hoo Lane, Offley, Hitchin, Hertfordshire, SG5 3ED, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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
5 years
Motor vehicles
5 years
Computer equipment
3 years
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Diban Ltd Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
1,331,079 
14,767 
48,062 
1,393,908 
Additions
52,288 
- 
4,996 
57,284 
At 31 March 2025
1,383,367 
14,767 
53,058 
1,451,192 
Depreciation
At 1 April 2024
804,824 
11,915 
29,323 
846,062 
Charge for the year
233,984 
1,920 
9,607 
245,511 
At 31 March 2025
1,038,808 
13,835 
38,930 
1,091,573 
Net book value
At 31 March 2025
344,559 
932 
14,128 
359,619 
At 31 March 2024
526,255 
2,852 
18,739 
547,846 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2024
202 
Valuation at 31 March 2025
202 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
445,084 
409,604 
Other debtors
60,502 
17,564 
505,586 
427,168 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
252,939 
299,699 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
116,379 
145,858 
Trade creditors
249,321 
210,160 
Taxes and social security
370,568 
315,957 
Other creditors
117,280 
151,724 
Accruals
- 
1,500 
853,548 
825,199 
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Diban Ltd Notes to the Accounts for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
9,982 
21,006 
Obligations under finance leases and hire purchase contracts
110,715 
213,332 
120,697 
234,338 
9
Controlling party
Mr. Dumitru Ban, the director, controls the company by virtue of 100% of the issued ordinary share capital.
10
Average number of employees
During the year the average number of employees was 8 (2024: 10).
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