| Registered Number:01012929 |
For the year ended 31 January 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2025
Diamond Photofoil Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Diamond Photofoil Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
1,734,960
932,544
2
1,734,960
932,544
243,106
226,839
3
| Trade and other receivables |
376,860
301,936
4
144,348
| Cash and cash equivalents |
230,345
759,120
764,314
| Trade and other payables: amounts falling due within one |
| year |
(268,737)
(195,936)
5
495,577
563,184
Net current assets
| Total assets less current liabilities |
2,298,144
1,428,121
2,298,144
Net assets
1,428,121
9,500
9,500
27,691
27,691
1,370,699
595,699
6
889,048
794,025
1,206
1,206
2,298,144
1,428,121
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mrs Philippa Ellis Director |
| These financial statements were approved and authorised for issue by the Board on 06 October 2025 and were signed by: |
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For the year ended 31 January 2025
Diamond Photofoil Ltd
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 5
For the year ended 31 January 2025
Diamond Photofoil Ltd
Notes to the Financial Statements
Statutory Information
| Diamond Photofoil Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 01012929. |
Diamond Works, Maidstone Road
Nettlestead
Maidstone
Kent
ME18 5HP
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and Buildings
Plant and Machinery
Computer Equipment
Motor Vehicles
Foreign currencies
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result. |
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 January 2025
Diamond Photofoil Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor Vehicles
1,549,781
57,063
7,144
626,790
858,784
47,934
1,577
-
46,357
-
775,000
-
-
-
775,000
673,147
7,144
58,640
2,372,715
1,633,784
| Provision for depreciation and impairment |
617,237
49,600
2,309
565,328
-
Charge for year
20,518
1,519
967
18,032
-
637,755
51,119
3,276
583,360
-
1,633,784
89,787
3,868
7,521
1,734,960
858,784
61,462
4,835
7,463
932,544
| In respect of certain fixed assets stated at valuations, the comparable historical cost and depreciation values are as |
| follows: |
263,085
263,085
| Net historical cost value: |
263,085
The Freehold Property was revalued at £1,600,000.
2024
2025
226,839
243,106
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For the year ended 31 January 2025
Diamond Photofoil Ltd
Notes to the Financial Statements Continued
| 4. Trade and other receivables |
2024
2025
114,685
149,726
| Amounts owed by group undertakings and participating interests |
180,077
109,493
7,174
117,641
376,860
301,936
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
164,930
151,324
| Taxation and social security |
7,034
5,943
23,972
111,470
195,936
268,737
| Revaluation reserve at 01 February 2024 |
595,699
| Revaluation of fixed assets |
775,000
1,370,699
| Revaluation reserve at 31 January 2025 |
| 7. Average number of persons employed |
During the year the average number of employees was 4 (2024 : 5)
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