Diamond Property Maintenance Limited - Accounts to registrar - small 17.2

Diamond Property Maintenance Limited - Accounts to registrar - small 17.2


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REGISTERED NUMBER: 08821138 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

DIAMOND PROPERTY MAINTENANCE LIMITED

DIAMOND PROPERTY MAINTENANCE LIMITED (REGISTERED NUMBER: 08821138)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

DIAMOND PROPERTY MAINTENANCE LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2016







DIRECTORS: R A McIlwraith
Mrs A McIlwraith





REGISTERED OFFICE: Manor Court Chambers
Townsend Drive
Nuneaton
Warwickshire
CV11 6RU





REGISTERED NUMBER: 08821138 (England and Wales)





ACCOUNTANTS: Stewart Fletcher and Barrett
Chartered Accountants
Manor Court Chambers
Townsend Drive
Nuneaton
Warwickshire
CV11 6RU

DIAMOND PROPERTY MAINTENANCE LIMITED (REGISTERED NUMBER: 08821138)

BALANCE SHEET
31 December 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 1,451 1,936

CURRENT ASSETS
Debtors 4 6,131 11,741
Cash at bank and in hand 2,638 6,900
8,769 18,641
CREDITORS
Amounts falling due within one year 5 25,815 12,758
NET CURRENT (LIABILITIES)/ASSETS (17,046 ) 5,883
TOTAL ASSETS LESS CURRENT LIABILITIES (15,595 ) 7,819


PROVISIONS FOR LIABILITIES 290 387

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (15,887 ) 7,430
SHAREHOLDERS' FUNDS (15,885 ) 7,432
(15,595 ) 7,819

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to
financial statements, so far as applicable to the company.

DIAMOND PROPERTY MAINTENANCE LIMITED (REGISTERED NUMBER: 08821138)

BALANCE SHEET - continued
31 December 2016


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 28 September 2017 and were signed on its
behalf by:





R A McIlwraith - Director


DIAMOND PROPERTY MAINTENANCE LIMITED (REGISTERED NUMBER: 08821138)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

Diamond Property Maintenance 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

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.

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.

DIAMOND PROPERTY MAINTENANCE LIMITED (REGISTERED NUMBER: 08821138)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2016

3. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2016
and 31 December 2016 1,534 1,733 1 3,268
DEPRECIATION
At 1 January 2016 672 659 1 1,332
Charge for year 216 269 - 485
At 31 December 2016 888 928 1 1,817
NET BOOK VALUE
At 31 December 2016 646 805 - 1,451
At 31 December 2015 862 1,074 - 1,936

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 1,734 6,764
Other debtors 1,752 2,630
Prepayments 2,645 2,347
6,131 11,741

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Social security and other taxes 8,134 4,972
Other creditors 1,078 886
Directors' current accounts 14,953 1,997
Accrued expenses 1,650 4,903
25,815 12,758

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DIAMOND PROPERTY MAINTENANCE LIMITED

The following reproduces the text of the report prepared for the directors and members in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary
statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Diamond Property Maintenance Limited for the year ended 31 December 2016 which
comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and
from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Diamond Property Maintenance Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Diamond Property Maintenance Limited and state those matters that we have agreed to state to the Board of Directors of Diamond Property Maintenance Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Diamond Property Maintenance Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Diamond Property Maintenance Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Diamond Property Maintenance Limited. You consider that Diamond Property Maintenance Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Diamond Property Maintenance Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stewart Fletcher and Barrett
Chartered Accountants
Manor Court Chambers
Townsend Drive
Nuneaton
Warwickshire
CV11 6RU


28 September 2017