Company Registration No. SC703466 (Scotland)
Diamond Apartments Limited
Unaudited accounts
for the year ended 31 July 2026
Diamond Apartments Limited
Unaudited accounts
Contents
Diamond Apartments Limited
Company Information
for the year ended 31 July 2026
Directors
Mrs Ade Olawuyi
Mr O Olawuyi
Company Number
SC703466 (Scotland)
Registered Office
8 Forest View
Aberdeen
AB15 9FQ
Diamond Apartments Limited
Statement of financial position
as at 31 July 2026
Investment property
398,366
398,366
Cash at bank and in hand
3,377
3,076
Creditors: amounts falling due within one year
(161)
-
Net current assets
3,216
3,076
Total assets less current liabilities
401,582
401,442
Creditors: amounts falling due after more than one year
(400,894)
(402,033)
Net assets/(liabilities)
688
(591)
Called up share capital
2
2
Profit and loss account
686
(593)
Shareholders' funds
688
(591)
For the year ending 31 July 2026 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 27 August 2026 and were signed on its behalf by
Mrs Ade Olawuyi
Director
Company Registration No. SC703466
Diamond Apartments Limited
Notes to the Accounts
for the year ended 31 July 2026
Diamond Apartments Limited is a private company, limited by shares, registered in Scotland, registration number SC703466. The registered office is 8 Forest View, Aberdeen, AB15 9FQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 August 2025
398,366
5
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
161
-
6
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
274,986
247,986
Loans from directors
124,158
153,697
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).