BrightAccountsProduction v1.0.0 v1.0.0 2022-09-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is the wholesale of  jewellery with all profits designated for charitable purposes. 23 July 2024 3 3 NI619657 2023-08-31 NI619657 2022-08-31 NI619657 2021-08-31 NI619657 2022-09-01 2023-08-31 NI619657 2021-09-01 2022-08-31 NI619657 uk-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 NI619657 uk-curr:PoundSterling 2022-09-01 2023-08-31 NI619657 uk-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 NI619657 uk-bus:FullAccounts 2022-09-01 2023-08-31 NI619657 uk-bus:Director1 2022-09-01 2023-08-31 NI619657 uk-bus:Director2 2022-09-01 2023-08-31 NI619657 uk-bus:RegisteredOffice 2022-09-01 2023-08-31 NI619657 uk-bus:Agent1 2022-09-01 2023-08-31 NI619657 uk-core:ShareCapital 2023-08-31 NI619657 uk-core:ShareCapital 2022-08-31 NI619657 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 NI619657 uk-core:RetainedEarningsAccumulatedLosses 2022-08-31 NI619657 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-08-31 NI619657 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-08-31 NI619657 uk-bus:FRS102 2022-09-01 2023-08-31 NI619657 uk-core:WithinOneYear 2023-08-31 NI619657 uk-core:WithinOneYear 2022-08-31 NI619657 2022-09-01 2023-08-31 NI619657 uk-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company Registration Number: NI619657
 
 
Paperchain Jewellery Limited.
 
Unaudited Financial Statements
 
for the financial year ended 31 August 2023
Paperchain Jewellery Limited.
DIRECTORS AND OTHER INFORMATION

 
Directors Avril Robinson
Hannah Rogers
 
 
Company Registration Number NI619657
 
 
Registered Office and Business Address 48 Mount Stewart Road
Newtownards
Co. Down
BT22 2AX
Northern Ireland
 
 
Accountants MG accountants
(Portadown)
25-27 Carleton Street
Portadown
Co. Armagh
BT62 3EP
Northern Ireland
 
 
Bankers Ulster Bank
  1/2 Kings Square
  Kings Road
  Belfast
  Northern Ireland



Paperchain Jewellery Limited.
Company Registration Number: NI619657
BALANCE SHEET
as at 31 August 2023

2023 2022
Notes £ £
 
Current Assets
Stocks 4 4,500 2,450
Cash and cash equivalents 7,551 11,044
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12,051 13,494
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Creditors: amounts falling due within one year 5 (1,335) (970)
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Net Current Assets 10,716 12,524
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Total Assets less Current Liabilities 10,716 12,524
═════════ ═════════
 
Capital and Reserves
Called up share capital 1 1
Retained earnings 10,715 12,523
───────── ─────────
Equity attributable to owners of the company 10,716 12,524
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The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.
           
For the financial year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 23 July 2024 and signed on its behalf by
           
           
________________________________          
Avril Robinson          
Director          
           



Paperchain Jewellery Limited.
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2023

   
1. General Information
 
Paperchain Jewellery Limited. is a company limited by shares incorporated in Northern Ireland. 48 Mount Stewart Road, Newtownards, Co. Down, BT22 2AX, Northern Ireland is the registered office, which is also the principal place of business of the company. The principal activity of the company is the wholesale of  jewellery with all profits designated for charitable purposes. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 August 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of jewellery supplied by the company. Income is recognised at the point of sale.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Net realisable value comprises actual or estimated selling price.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 3, (2022 - 3).
 
  2023 2022
  Number Number
 
Director 3 3
  ═════════ ═════════
       
4. Stocks 2023 2022
  £ £
 
Finished goods and goods for resale 4,500 2,450
  ═════════ ═════════
 
The replacement cost of stock did not differ significantly from the figures shown.
       
5. Creditors 2023 2022
Amounts falling due within one year £ £
 
Trade creditors - 250
Accruals 1,335 720
  ───────── ─────────
  1,335 970
  ═════════ ═════════
       
6. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 August 2023.
   
7. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.