Diamond Technology Ltd

Diamond Technology Ltd
Statement of Financial Position
As at 31 March 2025

	2025		2024
	£	£	£	£
Fixed assets		249		712
Current assets	4,497		4,550
Prepayments and accrued income	0		144
Creditors: amount falling due within one year	(8,067)		(9,909)
Net current assets		(3,570)		(5,215)
Total assets less current liabilities		(3,321)		(4,503)
Net assets		(3,321)		(4,503)


Capital and reserves		(3,321)		(4,503)

NOTES TO THE ACCOUNTS

General Information

Diamond Technology Ltd is a private company, limited by shares, registered in England and Wales, registration number 07604022, registration address 32 Storrington Way, Peterborough, PE4 6QW.

The presentation currency is £ sterling

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

2.	Average number of employees including directors Average number of employees during the year was 2 (2024 : 2).

3.	Directors Loan Account At the 31st March 2025 the director owed the company £1,871 (2024: £3,898). Which has been fully repaid within 9 months.

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the board of directors on 27 November 2025 and were signed on its behalf by:

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Ms B Soto-Toth
Director

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Mr M Soto Mercado
Director

Registered Number: 07604022
England and Wales
DIAMOND TECHNOLOGY LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025