Diamante Ventures Ltd - Accounts to registrar (filleted) - small 18.1

Diamante Ventures Ltd - Accounts to registrar (filleted) - small 18.1

DIAMANTE VENTURES LTD - Company Information

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REGISTERED NUMBER: 08868324 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2018

for

Diamante Ventures Ltd
Diamante Ventures Ltd (Registered number: 08868324)

Contents of the Financial Statements
for the Year Ended 31 January 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Diamante Ventures Ltd

Company Information
for the Year Ended 31 January 2018







DIRECTORS: Mr J Heimann
Mrs L Heimann





REGISTERED OFFICE: 5 North End Road
London
NW11 7RJ





REGISTERED NUMBER: 08868324 (England and Wales)





ACCOUNTANTS: Martin+Heller
Chartered Accountants
5 North End Road
London
NW11 7RJ
Page 1
Diamante Ventures Ltd (Registered number: 08868324)

Balance Sheet
31 January 2018

31.1.18 31.1.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 83 736

CURRENT ASSETS
Debtors 4 7,340 3,000
Cash at bank 68 136
7,408 3,136
CREDITORS
Amounts falling due within one year 5 6,379 3,213
NET CURRENT ASSETS/(LIABILITIES) 1,029 (77 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,112
659

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 1,012 559
SHAREHOLDERS' FUNDS 1,112 659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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.

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 12 June 2018 and were signed on its behalf by:





Mr J Heimann - Director


The notes form part of these financial statements

Page 2
Diamante Ventures Ltd (Registered number: 08868324)

Notes to the Financial Statements
for the Year Ended 31 January 2018


1. 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.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 1 ) .

3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2017
and 31 January 2018 736
DEPRECIATION
Charge for year 653
At 31 January 2018 653
NET BOOK VALUE
At 31 January 2018 83
At 31 January 2017 736

Page 3 continued...
Diamante Ventures Ltd (Registered number: 08868324)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2018


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.18 31.1.17
£    £   
Trade debtors - 3,000
Other debtors 7,340 -
7,340 3,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.18 31.1.17
£    £   
Bank loans and overdrafts 2,798 -
Taxation and social security 239 100
Other creditors 3,342 3,113
6,379 3,213

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.1.18 31.1.17
value: £    £   
100 Ordinary £1 100 100

7. RESERVES
Retained
earnings
£   

At 1 February 2017 559
Profit for the year 453
At 31 January 2018 1,012

Page 4