Diffract Ltd - Filleted accounts

Registered number

14881010

Diffract Ltd

Filleted Accounts

31 May 2025

Diffract Ltd
Registered number:		14881010
Balance Sheet
as at 31 May 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		113			-

Current assets
Debtors	4	143			1,703
Cash at bank and in hand		81,654			57,722
		81,797			59,425

Creditors: amounts falling due within one year	5	(10,101)			(14,689)

Net current assets			71,696			44,736

Net assets			71,809			44,736

Capital and reserves
Called up share capital			1			1
Profit and loss account			71,808			44,735

Shareholder's funds			71,809			44,736

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J Hewitt
Director
Approved by the board on 2 December 2025

Diffract Ltd
Notes to the Accounts
for the year ended 31 May 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office equipment	over 3 years

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Office equipment
£
	Cost
	Additions				170
	At 31 May 2025				170

	Depreciation
	Charge for the year				57
	At 31 May 2025				57

	Net book value
	At 31 May 2025				113


4	Debtors		2025		2024
£				£

	Trade debtors		-		1,703
	Other debtors		143		-
			143		1,703


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Taxation and social security costs		9,138		11,444
	Other creditors		963		3,245
			10,101		14,689


6	Other information

	Diffract Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	156 Russell Drive
	Wollaton
	Nottingham
	NG8 2BE