BLUE DIAMOND ENGINEERING LIMITED

Company Registration Number:
02090988 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

BLUE DIAMOND ENGINEERING LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

BLUE DIAMOND ENGINEERING LIMITED

Balance sheet

As at 31 March 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 2,620,854 2,837,879
Total fixed assets: 2,620,854 2,837,879
Current assets
Stocks: 125,000 125,000
Debtors:   694,493 894,731
Cash at bank and in hand: 3,944 101,199
Total current assets: 823,437 1,120,930
Creditors: amounts falling due within one year: 5 (1,808,192) (1,435,941)
Net current assets (liabilities): (984,755) (315,011)
Total assets less current liabilities: 1,636,099 2,522,868
Creditors: amounts falling due after more than one year: 6 (1,149,656) (1,592,611)
Provision for liabilities: (220,000) (300,000)
Total net assets (liabilities): 266,443 630,257
Capital and reserves
Called up share capital: 41,000 41,000
Other reserves: 9,000 9,000
Profit and loss account: 216,443 580,257
Shareholders funds: 266,443 630,257

The notes form part of these financial statements

BLUE DIAMOND ENGINEERING LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 24 April 2026
and signed on behalf of the board by:

Name: C J Brown
Status: Director

The notes form part of these financial statements

BLUE DIAMOND ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BLUE DIAMOND ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 42 52

BLUE DIAMOND ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 4,819,510
Additions 160,015
Disposals (387,365)
At 31 March 2024 4,592,160
Depreciation
At 01 April 2023 1,981,631
Charge for year 252,940
On disposals (263,265)
At 31 March 2024 1,971,306
Net book value
At 31 March 2024 2,620,854
At 31 March 2023 2,837,879

BLUE DIAMOND ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2023
£
Debtors due after more than one year: 123,000

BLUE DIAMOND ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

Trade creditors £401934 Finance creditors £968189 Taxation £175926 Directors loan account £129768 Other creditors £132375 Total £1808192

BLUE DIAMOND ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due after more than one year note

Finance creditors Due in years 2 to 5 £1064029 Due in more than 5 years £85627 Total £1149656

BLUE DIAMOND ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Loans to directors

Name of director receiving advance or credit: C J Brown
Description of the loan: All the loan outstanding at 31st March 2023 was cleared within the year by the introduction of funds
£
Balance at 01 April 2023 281,484
Advances or credits repaid: 281,484
Balance at 31 March 2024 0