PRICELESS JEWELLERS LTD

Company Registration Number:
14695827 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 28 February 2023

End date: 28 February 2024

PRICELESS JEWELLERS LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

PRICELESS JEWELLERS LTD

Company Information

for the Period Ended 28 February 2024




Director: Romeo lucas
Registered office: 58a
Hatton Garden
London
GBR
EC1N 8LX
Company Registration Number: 14695827 (England and Wales)

PRICELESS JEWELLERS LTD

Directors' Report Period Ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal Activities

To build a foundation and fund business start up.

Directors

The director(s) shown below were appointed to the company during the period
Romeo lucas
28 February 2023

This report was approved by the board of directors on 23 April 2024
And Signed On Behalf Of The Board By:

Name: Romeo lucas
Status: Director

PRICELESS JEWELLERS LTD

Profit and Loss Account

for the Period Ended 28 February 2024


Notes

2024
£
Turnover 20,529
Cost of sales ( 7,731 )
Gross Profit or (Loss) 12,798
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 9,081 )
Administrative Expenses ( 7,915 )
Other operating income 8,041
Operating Profit or (Loss) 3,843
Interest Receivable and Similar Income 0
Interest Payable and Similar Charges ( 0 )
Profit or (Loss) Before Tax 3,843
Tax on Profit ( 0 )
Profit or (Loss) for Period 3,843

The notes form part of these financial statements

PRICELESS JEWELLERS LTD

Balance sheet

As at 28 February 2024


Notes

2024
£
Fixed assets
Intangible assets: 4 0
Tangible assets: 5 0
Total fixed assets: 0
Current assets
Debtors: 6 486
Cash at bank and in hand: 2,426
Total current assets: 2,912
Prepayments and accrued income: 3,988
Net current assets (liabilities): 6,900
Total assets less current liabilities: 6,900
Provision for liabilities: ( 3,290 )
Total net assets (liabilities): 3,610

The notes form part of these financial statements

PRICELESS JEWELLERS LTD

Balance sheet continued

As at 28 February 2024


Notes

2024
£
Capital and reserves
Called up share capital: 1
Profit and loss account: 3,609
Shareholders funds: 3,610

For the year ending 28 February 2024 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 23 April 2024
And Signed On Behalf Of The Board By:

Name: Romeo lucas
Status: Director

The notes form part of these financial statements

PRICELESS JEWELLERS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 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

PRICELESS JEWELLERS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees


    2024
    Average number of employees during the period 0

    Only the director is in this business

PRICELESS JEWELLERS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 3. Off balance sheet disclosure

    No

PRICELESS JEWELLERS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Intangible assets

Other Total
Cost £ £
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 28 February 2024 - -
Amortisation
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 28 February 2024 - -
Net book value
Net book value at 28 February 2024 - -

0

PRICELESS JEWELLERS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Tangible assets

Office equipment Total
Cost £ £
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 28 February 2024 - -
Depreciation
Charge for year - -
On disposals - -
Other adjustments - -
At 28 February 2024 - -
Net book value
At 28 February 2024 - -

Machinery

PRICELESS JEWELLERS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

6. Debtors


2024
£
Prepayments and accrued income 486
Total 486