Company Registration No. 12712598 (England and Wales)
Dazzle Diamonds London Ltd
Unaudited accounts
for the period from 1 August 2024 to 30 April 2025
Dazzle Diamonds London Ltd
Unaudited accounts
Contents
Dazzle Diamonds London Ltd
Company Information
for the period from 1 August 2024 to 30 April 2025
Directors
Mohammadu Shiyam Abdul Cader Udayar
Mohammed Muddassir Abdul Jaleel
Company Number
12712598 (England and Wales)
Registered Office
Unit 12 Ground Floor No 99
Hatton Garden
London
EC1N 8NX
England
Accountants
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
Dazzle Diamonds London Ltd
Statement of financial position
as at 30 April 2025
Tangible assets
1,644
2,023
Inventories
106,320
86,545
Cash at bank and in hand
4,292
18,407
Creditors: amounts falling due within one year
(118,152)
(82,421)
Net current assets
2,860
37,801
Called up share capital
2
2
Profit and loss account
4,502
39,822
Shareholders' funds
4,504
39,824
For the period ending 30 April 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 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 9 September 2025 and were signed on its behalf by
Mohammadu Shiyam Abdul Cader Udayar
Director
Company Registration No. 12712598
Dazzle Diamonds London Ltd
Notes to the Accounts
for the period from 1 August 2024 to 30 April 2025
Dazzle Diamonds London Ltd is a private company, limited by shares, registered in England and Wales, registration number 12712598. The registered office is Unit 12 Ground Floor No 99, Hatton Garden, London, EC1N 8NX, 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.
These financial statements for the period from 1 August 2024 to 30 April 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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.
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
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Dazzle Diamonds London Ltd
Notes to the Accounts
for the period from 1 August 2024 to 30 April 2025
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Accrued income and prepayments
5,500
13,320
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
10,917
28,115
Taxes and social security
4,668
2,361
Loans from directors
95,225
49,058
7
Average number of employees
During the period the average number of employees was 3 (2024: 3).