Company Registration No. 09579825 (England and Wales)
DIAMOND EVENT CREATIONS LTD
Unaudited accounts
for the year ended 31 May 2023
DIAMOND EVENT CREATIONS LTD
Unaudited accounts
Contents
DIAMOND EVENT CREATIONS LTD
Company Information
for the year ended 31 May 2023
Directors
Kabeer Khan
Aasem Malik
Company Number
09579825 (England and Wales)
Registered Office
19 BEATRICE ROAD
SOUTHALL
MIDDLESEX
UB1 1RJ
UNITED KINGDOM
Accountants
Multiplus Tax Solutions Ltd
Suite 1 Chantal House
13-17 High Beech Road
Loughton
Essex
IG10 4BN
DIAMOND EVENT CREATIONS LTD
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
12,296
34,256
Creditors: amounts falling due within one year
(24,152)
(30,152)
Net current (liabilities)/assets
(5,693)
10,267
Total assets less current liabilities
(1,251)
10,820
Creditors: amounts falling due after more than one year
(24,496)
(34,142)
Net liabilities
(25,747)
(23,322)
Called up share capital
100
100
Profit and loss account
(25,847)
(23,422)
Shareholders' funds
(25,747)
(23,322)
For the year ending 31 May 2023 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 29 February 2024 and were signed on its behalf by
Aasem Malik
Director
Company Registration No. 09579825
DIAMOND EVENT CREATIONS LTD
Notes to the Accounts
for the year ended 31 May 2023
DIAMOND EVENT CREATIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 09579825. The registered office is 19 BEATRICE ROAD, SOUTHALL, MIDDLESEX, UB1 1RJ, UNITED KINGDOM.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance method
Fixtures & fittings
20% reducing balance method
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2022
-
1,350
1,350
At 31 May 2023
5,000
1,350
6,350
Charge for the year
1,000
111
1,111
At 31 May 2023
1,000
908
1,908
At 31 May 2023
4,000
442
4,442
Amounts falling due within one year
Amounts due from group undertakings etc.
350
350
DIAMOND EVENT CREATIONS LTD
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,648
10,648
Loans from directors
13,144
19,144
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).