Diamond Property Maintenance Limited - Accounts to registrar (filleted) - small 18.2

Diamond Property Maintenance Limited - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 08821138 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

DIAMOND PROPERTY MAINTENANCE LIMITED

DIAMOND PROPERTY MAINTENANCE LIMITED (REGISTERED NUMBER: 08821138)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DIAMOND PROPERTY MAINTENANCE LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2017







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: SFB Group Limited
Chartered Accountants
Manor Court Chambers
Townsend Drive
Nuneaton
Warwickshire
CV11 6RU

DIAMOND PROPERTY MAINTENANCE LIMITED (REGISTERED NUMBER: 08821138)

BALANCE SHEET
31 December 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,224 1,451

CURRENT ASSETS
Debtors 5 4,726 6,131
Cash at bank and in hand 7,189 2,638
11,915 8,769
CREDITORS
Amounts falling due within one year 6 49,656 25,815
NET CURRENT LIABILITIES (37,741 ) (17,046 )
TOTAL ASSETS LESS CURRENT LIABILITIES (36,517 ) (15,595 )


PROVISIONS FOR LIABILITIES 236 290

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (36,755 ) (15,887 )
SHAREHOLDERS' FUNDS (36,753 ) (15,885 )
(36,517 ) (15,595 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 6 September 2018 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 2017

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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 Profit and Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 3 ) .

DIAMOND PROPERTY MAINTENANCE LIMITED (REGISTERED NUMBER: 08821138)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2017

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2017 1,534 1,733 1 3,268
Additions - 184 - 184
At 31 December 2017 1,534 1,917 1 3,452
DEPRECIATION
At 1 January 2017 888 928 1 1,817
Charge for year 162 249 - 411
At 31 December 2017 1,050 1,177 1 2,228
NET BOOK VALUE
At 31 December 2017 484 740 - 1,224
At 31 December 2016 646 805 - 1,451

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 660 1,734
Other debtors 1,953 1,752
Prepayments 2,113 2,645
4,726 6,131

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 4,404 -
Social security and other taxes 13,169 8,134
Other creditors 838 1,078
Directors' current accounts 27,929 14,953
Accrued expenses 3,316 1,650
49,656 25,815

7. GOING CONCERN

The accounts have been prepared on the basis that the company is a going concern which is dependent upon the
continuing support of directors.