REGISTERED NUMBER: 14641248 (England and Wales)

Financial Statements for the Year Ended 31 January 2025

for

Diyan Patel Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Hardika Patel

Mr Pinakkumar Patel

REGISTERED OFFICE:

Bridge House

9 - 13 Holbrook Lane

Coventry

United Kingdom

CV6 4AD

REGISTERED NUMBER:

14641248 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Intangible assets

4

40,000

40,000

Tangible assets

5

45,568

23,270

85,568

63,270

CURRENT ASSETS

Stocks

31,789

31,275

Debtors

6

374

-

Cash at bank and in hand

4,740

6,306

36,903

37,581

CREDITORS

Amounts falling due within one year

7

82,538

83,768

NET CURRENT LIABILITIES

(45,635

)

(46,187

)

TOTAL ASSETS LESS CURRENT LIABILITIES

39,933

17,083

CAPITAL AND RESERVES

Called up share capital

8

200

200

Retained earnings

39,733

16,883

SHAREHOLDERS' FUNDS

39,933

17,083

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

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 17 September 2025 and were signed on its behalf by:

Mr Pinakkumar Patel - Director

1.	STATUTORY INFORMATION

Diyan Patel Ltd 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Turnover

Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

40,000

NET BOOK VALUE

At 31 January 2025

40,000

At 31 January 2024

40,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

27,924

Additions

37,164

At 31 January 2025

65,088

DEPRECIATION

At 1 February 2024

4,654

Charge for year

14,866

At 31 January 2025

19,520

NET BOOK VALUE

At 31 January 2025

45,568

At 31 January 2024

23,270

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Other debtors

374

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Taxation and social security

1,509

321

Other creditors

81,029

83,447

82,538

83,768

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

200

Ordinary

£1

200

200

9.	RELATED PARTY DISCLOSURES

During the year, the company has paid rent of £9,600 (2024: £6,400) in respect of the business property owned by the director.