Company No: 10337044 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Directors	N F H Parselle-Rawner
	A Rawner

Registered office	Park Farm Woodcock Hill
	Felbridge
	East Grinstead
	England
	RH19 2RB
	United Kingdom

Company number

10337044 (England and Wales)

Accountant	Kreston Reeves LLP
	Springfield House
	Springfield Road
	Horsham
	West Sussex
	RH12 2RG

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	3,166		0
		3,166		0
Current assets
Stocks		1,186,751		1,186,751
Cash at bank and in hand		195		714
		1,186,946		1,187,465
Creditors: amounts falling due within one year	4	( 57,118)		( 68,820)
Net current assets		1,129,828		1,118,645
Total assets less current liabilities		1,132,994		1,118,645
Creditors: amounts falling due after more than one year	5	( 1,080,608)		( 1,081,022)
Net assets		52,386		37,623
Capital and reserves
Called-up share capital		100		100
Profit and loss account		52,286		37,523
Total shareholders' funds		52,386		37,623

For the financial year ending 31 August 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 financial statements for the financial year 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 financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Diamond BTL Limited (registered number: 10337044) were approved and authorised for issue by the Board of Directors on 24 May 2026. They were signed on its behalf by:

A Rawner Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Diamond BTL Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The company's registered number is 10337044. The address of the Company's registered office is Park Farm Woodcock Hill, Felbridge, East Grinstead, England, RH19 2RB, United Kingdom.

The principal activity of the company is that of real estate purchase, development and selling.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

Going concern

The financial statements have been prepared on a going concern basis. The company's ability to trade is dependent upon the support of the directors and loans. If this assumption proves to be inappropriate, then adjustments may have to be made to adjust the value of assets to their recoverable amounts and to provide for any further liabilities which might arise.

Finance costs

Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery

2 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Borrowing costs

Borrowing costs that are directly attributable to acquisition, construction or production of qualifying assets, are capitalised as part of the cost of those assets. Capitalisation begins when both finance costs and expenditures for the asset are being incurred and activities that are necessary to get the asset ready for use are in progress. Capitalisation ceases when substantially all the activities that are necessary to get the asset ready for use are complete.

All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Plant and machinery		Total
	£		£
Cost
At 01 September 2024	16,660		16,660
Additions	3,799		3,799
At 31 August 2025	20,459		20,459
Accumulated depreciation
At 01 September 2024	16,660		16,660
Charge for the financial year	633		633
At 31 August 2025	17,293		17,293
Net book value
At 31 August 2025	3,166		3,166
At 31 August 2024	0		0

4. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to directors	50,986		59,798
Accruals	2,640		2,700
Corporation tax	3,292		5,947
Other creditors	200		375
	57,118		68,820

5. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	480,608		481,022
Other creditors	600,000		600,000
	1,080,608		1,081,022

The interest only mortgage is secured over the freehold property included within stock.

Amounts repayable after more than 5 years are included in creditors falling due over one year:

	2025		2024
	£		£
Bank loans (secured)	480,608		481,022

The interest only mortgage is secured over the freehold property included within stock.

6. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
Loan from directors	650,986		659,798

The directors have continued to provide an interest free loan to the company.

Other related party transactions

There are related party transactions with fellow associated companies under common control, however all transactions have been at arms length and at a fair market value.