Company Registration No. 14171898 (England and Wales)
DIAMOND CORAL INVESTMENTS LIMITED
Unaudited accounts
for the year ended 30 June 2025
DIAMOND CORAL INVESTMENTS LIMITED
Unaudited accounts
Contents
DIAMOND CORAL INVESTMENTS LIMITED
Company Information
for the year ended 30 June 2025
Company Number
14171898 (England and Wales)
Registered Office
38 KNIGHTON DRIVE
LEICESTER
LE2 3HB
UNITED KINGDOM
Accountants
R D Dattani & Co
111 Fairfax Road
Leicester
Leicestershire
LE4 9EL
DIAMOND CORAL INVESTMENTS LIMITED
Statement of financial position
as at 30 June 2025
Cash at bank and in hand
7,388,124
8,706,099
Creditors: amounts falling due within one year
(750,548)
(2,223,194)
Net current assets
6,705,196
6,627,697
Total assets less current liabilities
6,705,197
7,037,697
Creditors: amounts falling due after more than one year
(5,490,000)
(5,740,000)
Net assets
1,215,197
1,297,697
Called up share capital
100
100
Share premium
859,900
859,900
Profit and loss account
355,197
437,697
Shareholders' funds
1,215,197
1,297,697
For the year ending 30 June 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 21 September 2025 and were signed on its behalf by
Mr Rajan Savjani
Director
Company Registration No. 14171898
DIAMOND CORAL INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 30 June 2025
DIAMOND CORAL INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14171898. The registered office is 38 KNIGHTON DRIVE, LEICESTER, LE2 3HB, UNITED KINGDOM.
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.
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.
4
Investments
Other investments
Valuation at 1 July 2024
410,000
Fair value adjustments
(409,999)
Valuation at 30 June 2025
1
This investment constitutes the £410,000 of ‘C’ Ordinary shares in Portman Healthcare (Group) Ltd, held by Diamond Coral Investments Limited. These shares are potentially forfeitable in accordance with the terms and conditions of the share sale and purchase agreement of Clearly Orthodontics Limited. The fair value of these shares has been reduced to £1.00, as it is considered highly probable that these shares will be forfeited because of Clearly Orthodontics Limited’s financial performance.
Amounts falling due within one year
Other debtors
43,027
95,606
Amounts falling due after more than one year
Other debtors
24,593
49,186
DIAMOND CORAL INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 30 June 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
85,466
Other creditors
750,000
2,137,169
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
5,490,000
5,740,000
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
(1) Included within “Other Creditors” is an unsecured loan note amounting to £6,240,000. This loan formed part of the consideration paid for the acquisition of Dr. D. Savjani’s shareholding in Clearly Orthodontics Limited. Dr. D. Savjani is a former director of Diamond Coral Investments Limited.
(2) During the year, The Deena Savjani 2022 Family Trust made repayments totalling £71,013. Interest was charged at a rate of 2.25%, amounting to £600. The year-end receivable balance stood at £600 (2024: £71,013), which is included within debtors. This remaining balance was subsequently repaid following the year end, by 31 March 2026.
Diamond Coral Investments Limited is wholly owned by The Deena Savjani 2022 Family Trust.
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).