REGISTERED NUMBER: 04330794 (England and Wales)

Diamond Diesels (UK) Limited

Financial Statements for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mister L.P. Padmos

REGISTERED OFFICE:

Office 10

Parkhill Business Centre

Walton Road

Wetherby

West Yorkshire

LS22 5DZ

REGISTERED NUMBER:

04330794 (England and Wales)

AUDITORS:

Smailes Goldie

Chartered Accountants

Statutory Auditor

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

FIXED ASSETS

Tangible assets

4

2,618

6,363

CURRENT ASSETS

Debtors

5

770,510

476,947

Cash at bank

683,111

483,975

1,453,621

960,922

CREDITORS

Amounts falling due within one year

6

925,392

628,088

NET CURRENT ASSETS

528,229

332,834

TOTAL ASSETS LESS CURRENT LIABILITIES

530,847

339,197

PROVISIONS FOR LIABILITIES

654

1,590

NET ASSETS

530,193

337,607

CAPITAL AND RESERVES

Called up share capital

54

54

Capital redemption reserve

60

60

Retained earnings

530,079

337,493

530,193

337,607

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 September 2026 and were signed by:

Mister L.P. Padmos - Director

1.	STATUTORY INFORMATION

Diamond Diesels (UK) Limited 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on reducing balance

Fixtures and fittings - 20% on reducing balance

Computer equipment - 25% on cost

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

40,286

DEPRECIATION

At 1 January 2025

33,923

Charge for year

3,745

At 31 December 2025

37,668

NET BOOK VALUE

At 31 December 2025

2,618

At 31 December 2024

6,363

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

389,283

178,126

Amounts owed by group undertakings

294,608

294,353

Other debtors

86,619

4,468

770,510

476,947

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

53,762

175,793

Amounts owed to group undertakings

319,384

29,574

Taxation and social security

272,632

78,078

Other creditors

279,614

344,643

925,392

628,088

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

4,185

4,185

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was qualified on the following basis:

Basis for qualified opinion

The financial statements for the period ended 31st December 2023 were unaudited. Therefore we did not observe the physical stock count at the end of the 31st December 2023 financial year. We were unable to satisfy ourselves by alternative means concerning the stock quantities held at 31 December 2023, which were included in the balance sheet at £163,389, by using other audit procedures. We were not, therefore, able to determine if any adjustment to this amount was necessary or whether there was any consequential effect on the income statement for the year ended 31st December 2024.

Our opinion on the 31st December 2024 financial statements was qualified because of the possible effect of this matter on the comparability of the comparative period’s figures and the corresponding figures. Our opinion on the current period’s financial statements is also qualified because of the possible effect of this matter on the opening balances of the comparative period.

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our

responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial

statements section of our report. We are independent of the company in accordance with the ethical requirements that are

relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other

ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is

sufficient and appropriate to provide a basis for our qualified opinion.

William Cowell FCA (Senior Statutory Auditor)

for and on behalf of Smailes Goldie

9.	ULTIMATE PARENT COMPANY

The immediate parent company is Diamond Diesels Investments Limited.

The ultimate parent company is Padmos Holding B.V a company registered in the Netherlands. The registered address is Deltahaven 18, 3251 LC, Stellendam.