DIAMOND PROPERTY PARTNERS LIMITED


Directors	BELLENGER, Michael Otto
	MASHKOOR, Amir


Registered Address	124 Baker Street
	London
	W1U 6TY


Registered Number	09487108 (England and Wales)

Balance Sheet as at
30 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		535		713
Investment property	4		2,302,015		1,873,894
			2,302,550		1,874,607
Current assets
Cash at bank and on hand		68,877		75,149
		68,877		75,149
Creditors amounts falling due within one year	5	(138,765)		(134,440)
Net current assets (liabilities)			(69,888)		(59,291)
Total assets less current liabilities			2,232,662		1,815,316
Creditors amounts falling due after one year	6		(2,033,500)		(1,655,459)
Net assets			199,162		159,857
Capital and reserves
Called up share capital			4		4
Profit and loss account			199,158		159,853
Shareholders' funds			199,162		159,857

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 22 December 2025, and are signed on its behalf by:

BELLENGER, Michael Otto
Director

MASHKOOR, Amir
Director

Registered Company No. 09487108

DIAMOND PROPERTY PARTNERS LIMITED

Notes to the Financial Statements
for the year ended 30 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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 policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	25

	Investment property
	The Company carries its investment properties at fair value, with changes in fair values being recognised in the income statement. In addition, it measures land and buildings at revalued amounts with changes in fair value being recognised in other comprehensive income. Investment property whose fair value can be measured reliably without undue cost or effort shall be measured at fair value at each reporting date with changes in fair value recognised in profit or loss. If a property interest held under a lease is classified as investment property, the item accounted for at fair value is that interest and not the underlying property. Investment properties are derecognised when either they have been disposed of or when the investment property is permanently withdrawn from use and no future economic benefit is expected from its disposal. Any gains or losses on the retirement or disposal of investment property are recognised in the income statement in the period of derecognition. Transfers are made to or from investment property only when there is a change in use.

Investment property

The Company carries its investment properties at fair value, with changes in fair values being recognised in the income statement. In addition, it measures land and buildings at revalued amounts with changes in fair value being recognised in other comprehensive income.

Investment property whose fair value can be measured reliably without undue cost or effort shall be measured at fair value at each reporting date with changes in fair value recognised in profit or loss. If a property interest held under a lease is classified as investment property, the item accounted for at fair value is that interest and not the underlying property.

Investment properties are derecognised when either they have been disposed of or when the investment property is permanently withdrawn from use and no future economic benefit is expected from its disposal. Any gains or losses on the retirement or disposal of investment property are recognised in the income statement in the period of derecognition. Transfers are made to or from investment property only when there is a change in use.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Fixtures & fittings	Total
	£	£
Cost or valuation
At 31 March 24	18,581	18,581
At 30 March 25	18,581	18,581
Depreciation and impairment
At 31 March 24	17,868	17,868
Charge for year	178	178
At 30 March 25	18,046	18,046
Net book value
At 30 March 25	535	535
At 30 March 24	713	713

4.	Investment property


		£
	Fair value at 31 March 24	1,873,894
	Additions	428,121
	At 30 March 25	2,302,015

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	79,304	79,304
Taxation and social security	9,484	25,003
Other creditors	26,590	30,133
Accrued liabilities and deferred income	23,387	-
Total	138,765	134,440


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	1,655,809	1,652,599
Other creditors	377,691	2,860
Total	2,033,500	1,655,459

7.	Related party transactions
	At the period end, the directors' current accounts have credit balances of £377,692 (2024: £2,860) relating to Mr. Michael Bellenger and £NIL (2024: £NIL) to Mr. A Mashkoor.