REGISTERED NUMBER: 03439053 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

DIAMOND BUSINESS INTERIORS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Pollitt

SECRETARY:

K D Gordon

REGISTERED OFFICE:

4 Horton Street

Wigan

Lancashire

WN6 7TF

REGISTERED NUMBER:

03439053 (England and Wales)

ACCOUNTANTS:

Studholme-Bell Limited

Chartered Certified Accountants

Vantage House

3 East Terrace Business Park

Euxton Lane, Euxton

Chorley

Lancashire

PR7 6TB

FIXED ASSETS

Tangible assets

4

291,283

295,441

CURRENT ASSETS

Stocks

5

47,193

77,612

Debtors

6

544,371

821,427

Cash at bank and in hand

1,210,967

1,609,416

1,802,531

2,508,455

CREDITORS

Amounts falling due within one year

7

1,246,301

1,208,221

NET CURRENT ASSETS

556,230

1,300,234

TOTAL ASSETS LESS CURRENT LIABILITIES

847,513

1,595,675

CREDITORS

Amounts falling due after more than one year

8

(24,475

)

(152,635

)

PROVISIONS FOR LIABILITIES

(51,607

)

(51,291

)

NET ASSETS

771,431

1,391,749

CAPITAL AND RESERVES

Called up share capital

78

78

Share premium

(602,984

)

-

Retained earnings

1,374,337

1,391,671

771,431

1,391,749

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 21 May 2026 and were signed by:

N Pollitt - Director

1.	STATUTORY INFORMATION

Diamond Business Interiors 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.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold property improvements

in accordance with the property

Plant and machinery

15% on reducing balance

Fixtures and fittings

15% on reducing balance

Motor vehicles

25% on reducing balance

Computer equipment

33% on cost

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

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 October 2024

174,886

18,461

159,788

Additions

7,094

-

14,414

Disposals

-

-

-

At 30 September 2025

181,980

18,461

174,202

DEPRECIATION

At 1 October 2024

128,299

7,225

101,334

Charge for year

13,500

1,685

9,644

Eliminated on disposal

-

-

-

At 30 September 2025

141,799

8,910

110,978

NET BOOK VALUE

At 30 September 2025

40,181

9,551

63,224

At 30 September 2024

46,587

11,236

58,454

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 October 2024

375,569

75,905

804,609

Additions

83,715

-

105,223

Disposals

(97,974

)

-

(97,974

)

At 30 September 2025

361,310

75,905

811,858

DEPRECIATION

At 1 October 2024

201,740

70,570

509,168

Charge for year

53,033

4,259

82,121

Eliminated on disposal

(70,714

)

-

(70,714

)

At 30 September 2025

184,059

74,829

520,575

NET BOOK VALUE

At 30 September 2025

177,251

1,076

291,283

At 30 September 2024

173,829

5,335

295,441

5.

STOCKS

30.9.25

30.9.24

£

£

Work-in-progress

47,193

77,612

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

517,801

793,081

Other debtors

2,441

2,441

Prepayments

24,129

25,905

544,371

821,427

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Hire purchase contracts

13,870

-

Trade creditors

589,159

756,776

Tax

106,222

76,028

Social security and other taxes

13,584

13,866

VAT

192,299

42,508

Other creditors

22,259

88,881

Accrued expenses

308,908

230,162

1,246,301

1,208,221

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Hire purchase contracts

20,805

-

Directors Loan Account

3,670

152,635

24,475

152,635

9.	FINANCIAL INSTRUMENTS

2023

2022

£

£

Carrying amount of financial assets

Instruments measured at fair value through profit and loss

-

34,156