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REGISTERED NUMBER: 12090470 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 July 2023

for

CHRISTINA JEWELRY AND WATCHES UK LTD

CHRISTINA JEWELRY AND WATCHES UK LTD (Registered number: 12090470)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CHRISTINA JEWELRY AND WATCHES UK LTD

Company Information
for the Year Ended 31 July 2023







DIRECTOR: M Galea





REGISTERED OFFICE: 37-38 Market Street
Ferryhill
Co. Durham
DL17 8JH





REGISTERED NUMBER: 12090470 (England and Wales)





ACCOUNTANTS: Little & Neal
37-38 Market Street
Ferryhill
Co. Durham
DL17 8JH

CHRISTINA JEWELRY AND WATCHES UK LTD (Registered number: 12090470)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,960 10,986

CURRENT ASSETS
Stocks 24,652 23,792
Debtors 5 3,108 833
Cash at bank 237 753
27,997 25,378
CREDITORS
Amounts falling due within one year 6 120,934 120,660
NET CURRENT LIABILITIES (92,937 ) (95,282 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(84,977

)

(84,296

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (85,077 ) (84,396 )
(84,977 ) (84,296 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 16 April 2024 and were signed by:





M Galea - Director


CHRISTINA JEWELRY AND WATCHES UK LTD (Registered number: 12090470)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

CHRISTINA JEWELRY AND WATCHES UK LTD 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
The accounts have been prepared on a going concern basis. The Directors continue to support the company to enable the company to meet its liabilities as they fall due.

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 etc - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2022 - 1 ) .

CHRISTINA JEWELRY AND WATCHES UK LTD (Registered number: 12090470)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 31,358
Additions 789
At 31 July 2023 32,147
DEPRECIATION
At 1 August 2022 20,372
Charge for year 3,815
At 31 July 2023 24,187
NET BOOK VALUE
At 31 July 2023 7,960
At 31 July 2022 10,986

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 2,549 546
Other debtors 559 287
3,108 833

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 58,098 58,097
Other creditors 62,836 62,563
120,934 120,660