1 January 2023 false No description of principal activity Taxfiler 2024.5 05930899business:PrivateLimitedCompanyLtd2023-01-012023-12-31 059308992022-12-31 059308992023-01-012023-12-31 05930899business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 05930899business:FilletedAccounts2023-01-012023-12-31 059308992023-12-31 05930899business:Director12023-01-012023-12-31 05930899business:RegisteredOffice2023-01-012023-12-31 059308992022-12-31 05930899core:WithinOneYear2023-12-31 05930899core:WithinOneYear2022-12-31 05930899core:AfterOneYear2023-12-31 05930899core:AfterOneYear2022-12-31 05930899core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 05930899core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 05930899core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 05930899core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 05930899core:PreviouslyStatedAmount2023-12-31 05930899core:PreviouslyStatedAmount2022-12-31 05930899business:SmallEntities2023-01-012023-12-31 05930899countries:EnglandWales2023-01-012023-12-31 05930899core:PlantMachinery2022-12-31 05930899core:FurnitureFittings2022-12-31 05930899core:PlantMachinery2023-12-31 05930899core:FurnitureFittings2023-12-31 059308992022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 05930899 (England and Wales)
Jewelcity limited Unaudited accounts for the year ended 31 December 2023
Jewelcity limited Unaudited accounts Contents
Page
- 2 -
Jewelcity limited Company Information for the year ended 31 December 2023
Director
D Xia
Company Number
05930899 (England and Wales)
Registered Office
1ST FLOOR, 1 BISHOPS COURT, LINCOLNS INN CRESSEX BUSINESS PARK HIGH WYCOMBE HP12 3RE ENGLAND
- 3 -
Jewelcity limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
324,812 
600,000 
Debtors
465,903 
364,641 
Cash at bank and in hand
161,679 
131,438 
952,394 
1,096,079 
Creditors: amounts falling due within one year
(510,849)
(662,133)
Net current assets
441,545 
433,946 
Total assets less current liabilities
441,545 
433,946 
Creditors: amounts falling due after more than one year
(174,386)
(238,070)
Net assets
267,159 
195,876 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
266,159 
194,876 
Shareholders' funds
267,159 
195,876 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 25 September 2024 and were signed on its behalf by
D Xia Director Company Registration No. 05930899
- 4 -
Jewelcity limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Jewelcity limited is a private company, limited by shares, registered in England and Wales, registration number 05930899. The registered office is 1ST FLOOR, 1 BISHOPS COURT, LINCOLNS INN, CRESSEX BUSINESS PARK, HIGH WYCOMBE, HP12 3RE, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
15,011 
32,800 
47,811 
At 31 December 2023
15,011 
32,800 
47,811 
Depreciation
At 1 January 2023
15,011 
32,800 
47,811 
At 31 December 2023
15,011 
32,800 
47,811 
Net book value
At 31 December 2023
- 
- 
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
112,136 
64,742 
Amounts due from group undertakings etc.
341,710 
- 
Other debtors
12,057 
299,899 
465,903 
364,641 
- 5 -
Jewelcity limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,984 
10,984 
VAT
15,596 
104,919 
Trade creditors
177,754 
175,912 
Amounts owed to group undertakings and other participating interests
237,320 
272,517 
Taxes and social security
65,695 
62,301 
Proposed dividends
- 
32,000 
Accruals
3,500 
3,500 
510,849 
662,133 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
174,386 
238,070 
8
Average number of employees
During the year the average number of employees was 10 (2022: 10).
- 6 -