Registered number
16132569
Diamonds Cars Ltd
Filleted Accounts
31 December 2025
Diamonds Cars Ltd
Registered number: 16132569
Balance Sheet
as at 31 December 2025
Notes 2025
£
Current assets
Cash at bank and in hand 1,606
Creditors: amounts falling due within one year 3 (1,925)
Net current liabilities (319)
Net liabilities (319)
Capital and reserves
Called up share capital 100
Profit and loss account (419)
Shareholder's funds (319)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Zubair Abbas
Director
Approved by the board on 10 September 2026
Diamonds Cars Ltd
Notes to the Accounts
for the period from 12 December 2024 to 31 December 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
2 Employees 2025
Number
Average number of persons employed by the company 1
3 Creditors: amounts falling due within one year 2025
£
Other creditors 1,925
4 Other information
Diamonds Cars Ltd is a private company limited by shares and incorporated in England. Its registered office is:
135 Deykin Avenue
Aston
Birmingham
West Midlands
B6 7BG
5 Going concern
The financial statements have been prepared on the basis that the company is a going concern and that the directors will continue to support the company.
6 Comparatives
There are no comparatives as this is the first year of trading of the business.
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