1 October 2024 false No description of principal activity Taxfiler 2024.6 12878860 business:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 12878860 2024-09-30 12878860 2024-10-01 2025-09-30 12878860 business:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 12878860 business:FilletedAccounts 2024-10-01 2025-09-30 12878860 2025-09-30 12878860 business:Director1 2024-10-01 2025-09-30 12878860 business:Director2 2024-10-01 2025-09-30 12878860 business:RegisteredOffice 2024-10-01 2025-09-30 12878860 2024-09-30 12878860 core:WithinOneYear 2025-09-30 12878860 core:WithinOneYear 2024-09-30 12878860 core:AfterOneYear 2025-09-30 12878860 core:AfterOneYear 2024-09-30 12878860 core:ShareCapital core:PreviouslyStatedAmount 2025-09-30 12878860 core:ShareCapital core:PreviouslyStatedAmount 2024-09-30 12878860 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-09-30 12878860 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-09-30 12878860 core:PreviouslyStatedAmount 2025-09-30 12878860 core:PreviouslyStatedAmount 2024-09-30 12878860 business:SmallEntities 2024-10-01 2025-09-30 12878860 countries:EnglandWales 2024-10-01 2025-09-30 12878860 core:LandBuildings 2024-09-30 12878860 core:ComputerEquipment 2024-09-30 12878860 core:LandBuildings 2024-10-01 2025-09-30 12878860 core:ComputerEquipment 2024-10-01 2025-09-30 12878860 core:LandBuildings 2025-09-30 12878860 core:ComputerEquipment 2025-09-30 12878860 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Company Registration No. 12878860 (England and Wales)
THE DIADEM PROPS LTD Unaudited accounts for the year ended 30 September 2025
THE DIADEM PROPS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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THE DIADEM PROPS LTD Company Information for the year ended 30 September 2025
Directors
Chika Afolabi Feyisayo Afolabi
Company Number
12878860 (England and Wales)
Registered Office
15 Crostons Farm Drive Whittle-le-Woods Chorley Lancashire PR6 7YN England
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THE DIADEM PROPS LTD Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
471,713
471,214
Current assets
Investments
5
57,200
57,200
Cash at bank and in hand
857
1,854
58,057
59,054
Creditors: amounts falling due within one year
6
(197,515)
(305,208)
Net current liabilities
(139,458)
(246,154)
Total assets less current liabilities
332,255
225,060
Creditors: amounts falling due after more than one year
7
(362,298)
(253,548)
Net liabilities
(30,043)
(28,488)
Capital and reserves
Called up share capital
2
2
Profit and loss account
(30,045)
(28,490)
Shareholders' funds
(30,043)
(28,488)
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 10 July 2026 and were signed on its behalf by
Feyisayo Afolabi Director Company Registration No. 12878860
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THE DIADEM PROPS LTD Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
THE DIADEM PROPS LTD is a private company, limited by shares, registered in England and Wales, registration number 12878860. The registered office is 15 Crostons Farm Drive, Whittle-le-Woods, Chorley, Lancashire, PR6 7YN, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 October 2024
471,214
-
471,214
Additions
-
599
599
At 30 September 2025
471,214
599
471,813
Depreciation
Charge for the year
-
100
100
At 30 September 2025
-
100
100
Net book value
At 30 September 2025
471,214
499
471,713
At 30 September 2024
471,214
-
471,214
5
Investments held as current assets
2025
2024
£
£
Unlisted investments
57,200
57,200
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THE DIADEM PROPS LTD Notes to the Accounts for the year ended 30 September 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
203,044
199,474
Loans from directors
(7,029)
104,234
Accruals
1,500
1,500
197,515
305,208
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
362,298
253,548
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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