Company Registration No. 05215793 (England and Wales)
Alexander Jewellers Ltd
Unaudited accounts
for the year ended 30 September 2023
Alexander Jewellers Ltd
Unaudited accounts
Contents
Alexander Jewellers Ltd
Company Information
for the year ended 30 September 2023
Directors
Ethan Boddy
Caleb Boddy
Company Number
05215793 (England and Wales)
Registered Office
44 Goring Road
Worthing
West Sussex
BN12 4AD
United Kingdom
Accountants
JP Accountancy Services (Sussex) Limited
5 Fairfield Way
Ashington
Pulborough
West Sussex
RH20 3LA
Alexander Jewellers Ltd
Statement of financial position
as at 30 September 2023
Tangible assets
2,109
2,482
Cash at bank and in hand
935
21,091
Creditors: amounts falling due within one year
(52,913)
(26,497)
Net current assets
22,533
58,855
Called up share capital
100
100
Profit and loss account
24,542
61,237
Shareholders' funds
24,642
61,337
For the year ending 30 September 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 March 2024 and were signed on its behalf by
Caleb Boddy
Director
Company Registration No. 05215793
Alexander Jewellers Ltd
Notes to the Accounts
for the year ended 30 September 2023
Alexander Jewellers Ltd is a private company, limited by shares, registered in England and Wales, registration number 05215793. The registered office is 44 Goring Road, Worthing, West Sussex, BN12 4AD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Computer equipment
33.3% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Alexander Jewellers Ltd
Notes to the Accounts
for the year ended 30 September 2023
4
Intangible fixed assets
Goodwill
At 30 September 2023
60,000
At 30 September 2023
60,000
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
15,880
6,900
22,780
At 30 September 2023
15,880
6,900
22,780
At 1 October 2022
13,398
6,900
20,298
Charge for the year
373
-
373
At 30 September 2023
13,771
6,900
20,671
At 30 September 2023
2,109
-
2,109
At 30 September 2022
2,482
-
2,482
Amounts falling due within one year
Accrued income and prepayments
1,726
4,846
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,587
12,013
Loans from directors
35,000
-
Alexander Jewellers Ltd
Notes to the Accounts
for the year ended 30 September 2023
8
Average number of employees
During the year the average number of employees was 10 (2022: 9).