| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2025 |
| for |
| DIASTAN SECURITIES LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2025 |
| for |
| DIASTAN SECURITIES LIMITED |
| DIASTAN SECURITIES LIMITED (REGISTERED NUMBER: 01006720) |
| Contents of the Financial Statements |
| for the year ended 31 December 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| DIASTAN SECURITIES LIMITED |
| Company Information |
| for the year ended 31 December 2025 |
| Directors: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| Broadwalk House, 5th Floor |
| 5 Appold Street |
| Broadgate |
| London |
| EC2A 2AG |
| DIASTAN SECURITIES LIMITED (REGISTERED NUMBER: 01006720) |
| Balance Sheet |
| 31 December 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Investments | 5 |
| Investment property | 6 |
| Current assets |
| Debtors | 7 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 8 |
| Net current assets |
| Total assets less current liabilities |
| Provisions for liabilities | 9 |
| Net assets |
| Capital and reserves |
| Called up share capital | 10 |
| Fair value reserve | 11 |
| Retained earnings |
| Shareholders' funds |
| The directors acknowledge their 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 were approved by the Board of Directors and authorised for issue on |
| DIASTAN SECURITIES LIMITED (REGISTERED NUMBER: 01006720) |
| Notes to the Financial Statements |
| for the year ended 31 December 2025 |
| 1. | Statutory information |
| Diastan Securities Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Key source of estimation, uncertainty and judgement |
| The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period. |
| There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets. |
| There is estimation uncertainty in calculating deferred tax. A full line by line review of deferred tax is carried out by management regularly. Whilst every attempt is made to ensure that the deferred tax is as accurate as possible, there remains a risk that the provisions do not match the actual tax liability when asset is disposed of. |
| There is estimation uncertainty in calculating bad debt provisions. A full line by line review of trade debtors is carried out at the end of each month. Whilst every attempt is made to ensure that the bad debt provisions are as accurate as possible, there remains a risk that the provisions do not match the level of debts which ultimately prove to be uncollectable. |
| Turnover |
| Turnover represents rents receivable and other amounts receivable from lessees excluding value added tax. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Investments in associates |
| Investments in associate undertakings are recognised at cost less any provision for impairment. |
| Investment property |
| Investment properties are shown at their open market value and not depreciated. The surpluses arising from the annual revaluation are transferred to the revaluation reserve. |
| This is in accordance with the provision of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" which, unlike Schedule 4 to the Companies Act 2006, does not require depreciation of investment properties. |
| Investment properties are held for the investment potential and not for use by the company, so their current value is of prime importance. The departure from the provisions of Act is required in order to give a true and fair view. |
| DIASTAN SECURITIES LIMITED (REGISTERED NUMBER: 01006720) |
| Notes to the Financial Statements - continued |
| for the year ended 31 December 2025 |
| 2. | Accounting policies - continued |
| Financial instruments |
| Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument. |
| Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due. |
| Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| 4. | Tangible fixed assets |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| Cost |
| At 1 January 2025 |
| and 31 December 2025 |
| Depreciation |
| At 1 January 2025 |
| Charge for year |
| At 31 December 2025 |
| Net book value |
| At 31 December 2025 |
| At 31 December 2024 |
| DIASTAN SECURITIES LIMITED (REGISTERED NUMBER: 01006720) |
| Notes to the Financial Statements - continued |
| for the year ended 31 December 2025 |
| 5. | Fixed asset investments |
| Interest in |
| associate |
| £ |
| Cost |
| At 1 January 2025 |
| and 31 December 2025 |
| Provisions |
| At 1 January 2025 |
| and 31 December 2025 | 7,200 |
| Net book value |
| At 31 December 2025 |
| At 31 December 2024 |
| 6. | Investment property |
| Total |
| £ |
| Fair value |
| At 1 January 2025 |
| and 31 December 2025 |
| Net book value |
| At 31 December 2025 |
| At 31 December 2024 |
| Fair value at 31 December 2025 is represented by: |
| £ |
| Valuation in 2003 | 1,928,391 |
| Valuation in 2009 | 1,400,000 |
| Valuation in 2013 | 1,050,000 |
| Valuation in 2015 | 700,000 |
| Valuation in 2016 | 1,000,000 |
| Valuation in 2021 | 2,432,512 |
| Valuation in 2022 | 482,500 |
| Cost | 3,843,907 |
| 12,837,310 |
| If investment property had not been revalued it would have been included at the following historical cost: |
| 2025 | 2024 |
| £ | £ |
| Cost | 3,843,907 | 3,843,907 |
| Investment property was valued on an open market basis on 31 December 2024 by the directors . |
| 7. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| Prepayments |
| DIASTAN SECURITIES LIMITED (REGISTERED NUMBER: 01006720) |
| Notes to the Financial Statements - continued |
| for the year ended 31 December 2025 |
| 8. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Tax |
| Other creditors |
| Directors' current accounts | 28,819 | 100,090 |
| Accruals and deferred income |
| 9. | Provisions for liabilities |
| 2025 | 2024 |
| £ | £ |
| Deferred tax | 1,641,535 | 1,641,535 |
| Deferred tax |
| £ |
| Balance at 1 January 2025 |
| Balance at 31 December 2025 |
| 10. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary | 1 | 1,000 | 1,000 |
| 11. | Reserves |
| Fair value |
| reserve |
| £ |
| At 1 January 2025 |
| and 31 December 2025 |
| 12. | Related party disclosures |
| At 31 December 2025, C S Passey and J M Passey were owed £28,819 (2024: £100,090) by the company. This loan is interest free and repayable on demand. |
| The company receives rental income on properties which are let to the company by the directors at a peppercorn rent. The rental income generated for the year by the company on these properties was £144,616 (2024: £139,428). |
| C S Passey has given an unlimited guarantee to the company's bank. |