REGISTERED NUMBER: 06169811 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

DIAGO LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J E Kitchen

SECRETARY:

L M Kitchen

REGISTERED OFFICE:

46 Belmont Road

Poole

BH14 0DB

REGISTERED NUMBER:

06169811 (England and Wales)

ACCOUNTANTS:

Rawse, Varley & Co

Chartered Accountants

Lloyds Bank Chambers

Hustlergate

Bradford

BD1 1UQ

FIXED ASSETS

Tangible assets

4

2,595

2,648

CURRENT ASSETS

Stock

-

1,552

Debtors

5

-

5,530

Cash at bank

20,640

6,083

20,640

13,165

CREDITORS

Amounts falling due within one year

6

17,228

12,154

NET CURRENT ASSETS

3,412

1,011

TOTAL ASSETS LESS CURRENT LIABILITIES

6,007

3,659

CREDITORS

Amounts falling due after more than one year

7

(349

)

(2,441

)

PROVISIONS FOR LIABILITIES

(493

)

(503

)

NET ASSETS

5,165

715

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

5,065

615

SHAREHOLDERS' FUNDS

5,165

715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 December 2025 and were signed by:

J E Kitchen - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the invoiced amount of goods sold and services provided exclusive of value added tax.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation.

Depreciation is calculated to write off the assets over their estimated lives at the following annual rate:

Fixtures, fittings and equipment - 20% on cost

Stock

Stock is valued at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Equipment,

fixtures

and

fittings

£

COST

At 1 April 2024

18,229

Additions

1,205

At 31 March 2025

19,434

DEPRECIATION

At 1 April 2024

15,581

Charge for year

1,258

At 31 March 2025

16,839

NET BOOK VALUE

At 31 March 2025

2,595

At 31 March 2024

2,648

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' loan accounts

-

5,530

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,093

2,093

Corporation tax

3,776

2,248

Social security and other taxes

4,511

4,885

Directors' loan accounts

3,410

-

Accruals and deferred income

3,438

2,928

17,228

12,154

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

349

2,441

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

J E Kitchen

Balance outstanding at start of year

5,530

(403

)

Amounts advanced

-

33,258

Amounts repaid

(8,940

)

(27,325

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,410

)

5,530