REGISTERED NUMBER: 03510711 (England and Wales)

DIAMONDRANGE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Payne

Mrs S D Payne

SECRETARY:

Mrs S D Payne

REGISTERED OFFICE:

Hilden Park House

79 Tonbridge Road

Hildenborough

Kent

TN11 9BH

REGISTERED NUMBER:

03510711 (England and Wales)

ACCOUNTANTS:

Hilden Park Accountants Limited

Chartered Accountants

Hilden Park House

79 Tonbridge Road

Hildenborough

Tonbridge

Kent

TN11 9BH

FIXED ASSETS

Tangible assets

4

517,017

499,544

Investments

5

20,200

20,200

537,217

519,744

CURRENT ASSETS

Debtors

14,522

3,370

Cash at bank

421,133

440,802

435,655

444,172

CREDITORS

Amounts falling due within one year

9,722

15,186

NET CURRENT ASSETS

425,933

428,986

TOTAL ASSETS LESS CURRENT LIABILITIES

963,150

948,730

CAPITAL AND RESERVES

Called up share capital

20,200

20,200

Retained earnings

942,950

928,530

SHAREHOLDERS' FUNDS

963,150

948,730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:

J M Payne - Director

1.	STATUTORY INFORMATION

Diamondrange 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

Basis of consolidation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The Company is exempt from the requirements to prepare Group accounts on the basis that the Group qualifies as a small group and is eligible to take advantage of S.248 Companies Act 1985.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes in relation to management services provided and rent charged.

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

Improvements to property

-

2% on cost

Plant and machinery

-

20% on cost

Fixtures & fittings

-

20% on cost and 15% on cost

Motor vehicles

-

25% on cost

Office equipment

-

20% on cost

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.

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.

Investments

Fixed asset investments are held at cost less provision for diminution in value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2024

689,766

Additions

37,500

At 28 February 2025

727,266

DEPRECIATION

At 1 March 2024

190,222

Charge for year

20,027

At 28 February 2025

210,249

NET BOOK VALUE

At 28 February 2025

517,017

At 29 February 2024

499,544

Freehold property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the income statement. The original cost of investment property totals £298,920.

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 March 2024

and 28 February 2025

20,200

NET BOOK VALUE

At 28 February 2025

20,200

At 29 February 2024

20,200