REGISTERED NUMBER: OC388283 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Diamond Interior Contracts LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

S J Pearce

Mrs D M Pearce

REGISTERED OFFICE:

8 Holmes Place

Buxted

East Sussex

TN22 4DH

REGISTERED NUMBER:

OC388283 (England and Wales)

ACCOUNTANTS:

CWF & Partners Ltd

Chartered Accountants

Freedman House

Christopher Wren Yard

117 High Street

Croydon

Surrey

CR0 1QG

FIXED ASSETS

Tangible assets

4

115,246

134,860

CURRENT ASSETS

Stocks

27,770

20,250

Debtors

5

95,791

47,295

Cash at bank

8,474

63,541

132,035

131,086

CREDITORS

Amounts falling due within one year

6

141,398

129,197

NET CURRENT (LIABILITIES)/ASSETS

(9,363

)

1,889

TOTAL ASSETS LESS CURRENT LIABILITIES

105,883

136,749

CREDITORS

Amounts falling due after more than one year

7

105,883

111,925

NET ASSETS ATTRIBUTABLE TO MEMBERS

-

24,824

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

-

24,824

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

-

24,824

Amounts due from members

5

(21,921

)

-

(21,921

)

24,824

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2026.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 23 September 2026 and were signed by:

S J Pearce - Designated member

1.	STATUTORY INFORMATION

Diamond Interior Contracts LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost and 25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Going concern

The financial statements have been prepared on the going concern basis. At the balance sheet date, the LLP exhibited net liabilities of £21,921. However, the designated members have evaluated the operational cash flow requirements of the business for a period of at least 12 months from the date of approval of these financial statements. The members have formally confirmed that they will continue to provide financial support to the LLP, including the subordination of their own loan accounts and the introduction of working capital if required, to enable the LLP to meet its liabilities as they fall due. Accordingly, the designated members consider it appropriate to adopt the going concern basis in preparing the financial statements.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

161,604

Additions

71,285

Disposals

(79,781

)

At 31 March 2026

153,108

DEPRECIATION

At 1 April 2025

26,744

Charge for year

18,597

Eliminated on disposal

(7,479

)

At 31 March 2026

37,862

NET BOOK VALUE

At 31 March 2026

115,246

At 31 March 2025

134,860

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2025

160,024

Additions

71,285

Disposals

(79,781

)

At 31 March 2026

151,528

DEPRECIATION

At 1 April 2025

26,349

Charge for year

18,202

Eliminated on disposal

(7,479

)

At 31 March 2026

37,072

NET BOOK VALUE

At 31 March 2026

114,456

At 31 March 2025

133,675

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

4,506

45,795

Other debtors

91,285

1,500

95,791

47,295

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

60,644

10,000

Hire purchase contracts

32,429

15,494

Trade creditors

24,542

35,150

Taxation and social security

970

18,771

Other creditors

22,813

49,782

141,398

129,197

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

22,271

1,667

Hire purchase contracts

83,612

110,258

105,883

111,925

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31.3.26

31.3.25

£

£

Amounts owed to members in respect of profits

-

24,824

Falling due within one year

-

24,824

Loans and other debts due to members rank below all other unsecured creditors