Company Registration No. 09387938 (England and Wales)
DIVERSIFYING GROUP LTD
Unaudited accounts
for the year ended 31 January 2025
DIVERSIFYING GROUP LTD
Unaudited accounts
Contents
DIVERSIFYING GROUP LTD
Company Information
for the year ended 31 January 2025
Company Number
09387938 (England and Wales)
Registered Office
DAWSON HOUSE
5 JEWRY STREET
LONDON
EC3N 2EX
ENGLAND
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
DIVERSIFYING GROUP LTD
Statement of financial position
as at 31 January 2025
Intangible assets
869
5,218
Cash at bank and in hand
(132)
33,622
Creditors: amounts falling due within one year
(432,307)
(251,346)
Net current liabilities
(365,842)
(161,932)
Total assets less current liabilities
(364,973)
(153,595)
Creditors: amounts falling due after more than one year
(95,541)
(214,314)
Net liabilities
(460,514)
(367,909)
Called up share capital
100
100
Profit and loss account
(460,614)
(368,009)
Shareholders' funds
(460,514)
(367,909)
For the year ending 31 January 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 her 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 10 September 2025 and were signed on its behalf by
Cynthia Davis
Director
Company Registration No. 09387938
DIVERSIFYING GROUP LTD
Notes to the Accounts
for the year ended 31 January 2025
DIVERSIFYING GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 09387938. The registered office is DAWSON HOUSE, 5 JEWRY STREET, LONDON, EC3N 2EX, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
50 % SLM
Computer equipment
50 % SLM
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
The directors have assessed the company’s ability to continue as a going concern and have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.
No material uncertainties have been identified that cast significant doubt on the company’s ability to continue as a going concern.
DIVERSIFYING GROUP LTD
Notes to the Accounts
for the year ended 31 January 2025
4
Intangible fixed assets
Other
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2024
3,525
14,057
17,582
At 31 January 2025
3,525
14,057
17,582
At 1 February 2024
3,525
10,938
14,463
Charge for the year
-
3,119
3,119
At 31 January 2025
3,525
14,057
17,582
At 31 January 2024
-
3,119
3,119
Amounts falling due within one year
Trade debtors
63,940
54,839
Accrued income and prepayments
2,657
953
DIVERSIFYING GROUP LTD
Notes to the Accounts
for the year ended 31 January 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
87,005
111,360
Trade creditors
116,851
2,776
Amounts owed to group undertakings and other participating interests
-
16,100
Taxes and social security
107,820
59,348
Loans from directors
8,805
3,499
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 12 (2024: 22).