Company Registration No. 14799023 (England and Wales)
DIAMOND AUTO FLEET LTD
unaudited financial statements
for the year ended 30 April 2025
DIAMOND AUTO FLEET LTD
unaudited financial statements
Contents
DIAMOND AUTO FLEET LTD
Company Information
for the year ended 30 April 2025
Director
Mohammed Shauib Yakoob
Company Number
14799023 (England and Wales)
Registered Office
21 HYDE PARK ROAD
LEEDS
LS6 1PY
ENGLAND
Accountants
HLA Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
DIAMOND AUTO FLEET LTD
for the year ended 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
DIAMOND AUTO FLEET LTD for the year ended
30 April 2025 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
HLA Accountants
Chartered Certified Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
27 April 2026
DIAMOND AUTO FLEET LTD
Statement of financial position
as at 30 April 2025
Tangible assets
51,308
53,600
Cash at bank and in hand
8,020
47,786
Creditors: amounts falling due within one year
(42,541)
(67,341)
Net current assets/(liabilities)
5,479
(19,555)
Called up share capital
(100)
(100)
Profit and loss account
56,887
34,145
Shareholders' funds
56,787
34,045
For the year ending 30 April 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 April 2026 and were signed on its behalf by
Mohammed Shauib Yakoob
Director
Company Registration No. 14799023
DIAMOND AUTO FLEET LTD
Notes to the Accounts
for the year ended 30 April 2025
DIAMOND AUTO FLEET LTD is a private company, limited by shares, registered in England and Wales, registration number 14799023. The registered office is 21 HYDE PARK ROAD, LEEDS, LS6 1PY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
DIAMOND AUTO FLEET LTD
Notes to the Accounts
for the year ended 30 April 2025
4
Tangible fixed assets
Motor vehicles
Amounts falling due after more than one year
Amounts due from group undertakings etc.
40,000
-
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
40,141
66,141
At the year end a balance of £10600 was owed to the director.
The above balance is interest free and no fixed date for repayment.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).