ACCOUNTS - Final Accounts preparation

Registered number: 14118870

DIONA HOLDINGS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

DIONA HOLDINGS LIMITED

REGISTERED NUMBER: 14118870

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Current assets
Debtors: amounts falling due within one year	4	376,157		510,000
Cash at bank and in hand	5	18,706		18,923
		394,863		528,923
Creditors: amounts falling due within one year	6	(386,157)		(520,000)
Net current assets			8,706		8,923
Total assets less current liabilities			8,706		8,923
Net assets			8,706		8,923

Capital and reserves
Called up share capital	7	10,000	10,000
Profit and loss account	8	(1,294)	(1,077)
		8,706	8,923

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

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

The Company has opted not to file the Directors' Report and the Statement of Comprehensive Income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

S Anderson

Director

Date: 4 June 2026

The notes on pages 2 to 6 form part of these financial statements.

Page 1

DIONA HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Diona Holdings Limited (the 'Company') is a private Company limited by shares, registered and incorporated in England and Wales. The Company's registered number is 14118870. The Company's registered office is 30 Old Bailey, London, United Kingdom, EC4M 7AU.
The Company was incorporated on 19 May 2022 and was established to be a holding Company to Diona Construction Ltd. As the Company is no longer required, the Directors plan to close the Company in the following year.
These financial statements have been presented in Pound Sterling (£) as this is the currency of the primary economic environment in which the Company operates and is rounded to the nearest pound.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Break-up basis

The Directors plan to close the Company and therefore it is no longer deemed to be a going concern as it will not continue in operation for the foreseeable future. Therefore these financial statements have been prepared on a break-up basis with all assets and liabilities carried at their fair values.

2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Creditors

Short-term creditors are measured at the transaction price.

2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Page 2

DIONA HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Financial instruments (continued)

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date.

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

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 the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Page 3

DIONA HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Financial instruments (continued)

Financial liabilities (continued)
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

3.	Employees
	The Company has no employees other than the Directors, who did not receive any remuneration.

Debtors

					2025	2024
					£	£

Amounts owed by related undertakings (note 9)	366,157	500,000
Called up share capital not paid	10,000	10,000
	376,157	510,000

Amounts owed by related undertakings are interest free, unsecured and are payable on demand.

Page 4

DIONA HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Cash and cash equivalents
		2025	2024
		£	£

	Cash at bank and in hand	18,706	18,923

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

	Amounts owed to related undertakings (note 9)	386,157	520,000

Amounts owed to related undertakings are interest free, unsecured and are repayable on demand.

7.	Share capital
		2025	2024
		£	£

Allotted, called up and unpaid

10,000 (2024 - 10,000) Ordinary Shares - unpaid shares of £1.00 each	10,000	10,000

The Company has one class of ordinary shares on which carry voting rights but no rights to fixed income.

Reserves

Profit and loss account

The Profit and loss account reserve represents accumulated profits and losses of the Company, less the payment of dividends.

Related party transactions

During the year ended 31 March 2025, a loan amount of £386,157 (2024 - 520,000) was received from Diona Construction Ltd., a Company related through common Directors and ownership. This remains outstanding.
As at 31 March 2025 £366,157 (2024 - £500,000) was included in debtors, which relates to a 2023 loan from the Company to Dristernan Property Solutions Ltd, a Company related through common Directors and ownership.
These loans were interest free, unsecured and repayable on demand.

10.	Events subsequent to the reporting date

Subsequent to the reporting date, the Directors plan to close the Company.

Page 5

DIONA HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

11.	Controlling party

The Company is controlled by the Directors by virtue of their shareholdings.

Page 6