AL-SAYED JEWELLERY LIMITED

Company Registration Number:
11035194 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

AL-SAYED JEWELLERY LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2022

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

AL-SAYED JEWELLERY LIMITED

Company Information

for the Period Ended 31 October 2022




Director: Durgam Al-Saraf
Registered office: 562
High Road
Wembley
England
HA0 2AA
Company Registration Number: 11035194 (England and Wales)

AL-SAYED JEWELLERY LIMITED

Balance sheet

As at 31 October 2022


Notes

2022
£

2021
£
Fixed assets
Tangible assets: 4 13,362 15,207
Total fixed assets: 13,362 15,207
Current assets
Stocks: 221,516 146,514
Debtors: 5 6,111 5,014
Cash at bank and in hand: 1,104 838
Total current assets: 228,731 152,366
Creditors: amounts falling due within one year: 6 ( 139,336 ) ( 59,262 )
Net current assets (liabilities): 89,395 93,104
Total assets less current liabilities: 102,757 108,311
Creditors: amounts falling due after more than one year: 7 ( 118,383 ) ( 124,894 )
Total net assets (liabilities): ( 15,626 ) ( 16,583 )

The notes form part of these financial statements

AL-SAYED JEWELLERY LIMITED

Balance sheet continued

As at 31 October 2022


Notes

2022
£

2021
£
Capital and reserves
Called up share capital: 500 500
Profit and loss account: ( 16,126 ) ( 17,083 )
Shareholders funds: ( 15,626 ) ( 16,583 )

For the year ending 31 October 2022 the company was entitled to exemption 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.

This report was approved by the board of directors on 26 October 2023
And Signed On Behalf Of The Board By:

Name: Hayder Hamid Husain
Status: Director

The notes form part of these financial statements

AL-SAYED JEWELLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AL-SAYED JEWELLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 2. Employees


    2022

    2021
    Average number of employees during the period 4 3

AL-SAYED JEWELLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 3. Off balance sheet disclosure

    No

AL-SAYED JEWELLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 November 2021 57,581 57,581
Additions 12,089 12,089
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2022 69,670 69,670
Depreciation
At 01 November 2021 42,374 42,374
Charge for year 13,934 13,934
On disposals - -
Other adjustments - -
At 31 October 2022 56,308 56,308
Net book value
At 31 October 2022 13,362 13,362
At 31 October 2021 15,207 15,207

AL-SAYED JEWELLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

5. Debtors


2022
£

2021
£
Trade debtors 6,111 5,014
Total 6,111 5,014

AL-SAYED JEWELLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

6.Creditors: amounts falling due within one year note


2022
£

2021
£
Trade creditors 129,423 56,040
Taxation and social security 9,913 3,222
Total 139,336 59,262

AL-SAYED JEWELLERY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

7.Creditors: amounts falling due after more than one year


2022
£

2021
£
Bank loans and overdrafts 48,455 50,000
Other creditors 69,928 74,894
Total 118,383 124,894