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REGISTERED NUMBER: 04636470 (England and Wales)


















Unaudited Financial Statements

for the Period 1 February 2023 to 31 March 2024

for

CCS Jeweltone Limited

CCS Jeweltone Limited (Registered number: 04636470)






Contents of the Financial Statements
for the Period 1 February 2023 to 31 March 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


CCS Jeweltone Limited

Company Information
for the Period 1 February 2023 to 31 March 2024







DIRECTORS: M S Carter
Ms A L Carter





REGISTERED OFFICE: Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ





REGISTERED NUMBER: 04636470 (England and Wales)





ACCOUNTANTS: Mudd Partners LLP
Chartered Accountants
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
CCS Jeweltone Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CCS Jeweltone Limited for the period ended 31 March 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of CCS Jeweltone Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CCS Jeweltone Limited and state those matters that we have agreed to state to the Board of Directors of CCS Jeweltone Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CCS Jeweltone Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CCS Jeweltone Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CCS Jeweltone Limited. You consider that CCS Jeweltone Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of CCS Jeweltone Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mudd Partners LLP
Chartered Accountants
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
CM12 0EQ


16 September 2024

CCS Jeweltone Limited (Registered number: 04636470)

Statement of Financial Position
31 March 2024

31.3.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 88,634 77,640

CURRENT ASSETS
Stocks 30,000 18,500
Debtors 5 506,796 381,292
Cash at bank 13,263 24,488
550,059 424,280
CREDITORS
Amounts falling due within one year 6 473,857 322,035
NET CURRENT ASSETS 76,202 102,245
TOTAL ASSETS LESS CURRENT
LIABILITIES

164,836

179,885

CREDITORS
Amounts falling due after more than one
year

7

(38,649

)

(36,119

)

PROVISIONS FOR LIABILITIES (21,518 ) (14,228 )
NET ASSETS 104,669 129,538

CAPITAL AND RESERVES
Called up share capital 9 2,000 1,000
Retained earnings 102,669 128,538
SHAREHOLDERS' FUNDS 104,669 129,538

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

CCS Jeweltone Limited (Registered number: 04636470)

Statement of Financial Position - continued
31 March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:





M S Carter - Director


CCS Jeweltone Limited (Registered number: 04636470)

Notes to the Financial Statements
for the Period 1 February 2023 to 31 March 2024

1. STATUTORY INFORMATION

CCS Jeweltone Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - 10% on reducing balance
Plant and machinery etc - 25% on reducing balance and 15% 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 period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

CCS Jeweltone Limited (Registered number: 04636470)

Notes to the Financial Statements - continued
for the Period 1 February 2023 to 31 March 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 12,677 303,418 316,095
Additions - 53,290 53,290
Disposals - (65,249 ) (65,249 )
At 31 March 2024 12,677 291,459 304,136
DEPRECIATION
At 1 February 2023 7,826 230,629 238,455
Charge for period 566 14,871 15,437
Eliminated on disposal - (38,390 ) (38,390 )
At 31 March 2024 8,392 207,110 215,502
NET BOOK VALUE
At 31 March 2024 4,285 84,349 88,634
At 31 January 2023 4,851 72,789 77,640

CCS Jeweltone Limited (Registered number: 04636470)

Notes to the Financial Statements - continued
for the Period 1 February 2023 to 31 March 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 February 2023 39,649
Additions 49,877
Disposals (39,649 )
At 31 March 2024 49,877
DEPRECIATION
At 1 February 2023 17,346
Charge for period 6,235
Eliminated on disposal (17,346 )
At 31 March 2024 6,235
NET BOOK VALUE
At 31 March 2024 43,642
At 31 January 2023 22,303

5. DEBTORS
31.3.24 31.1.23
£    £   
Amounts falling due within one year:
Trade debtors 371,117 242,492
Other debtors 35,679 38,800
406,796 281,292

Amounts falling due after more than one year:
Other debtors 100,000 100,000

Aggregate amounts 506,796 381,292

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.1.23
£    £   
Hire purchase contracts 5,052 7,726
Trade creditors 131,662 62,116
Taxation and social security 148,310 147,040
Other creditors 188,833 105,153
473,857 322,035

CCS Jeweltone Limited (Registered number: 04636470)

Notes to the Financial Statements - continued
for the Period 1 February 2023 to 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.1.23
£    £   
Hire purchase contracts 26,149 11,952
Other creditors 12,500 24,167
38,649 36,119

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.1.23
£    £   
Hire purchase contracts 31,201 19,678
Factors current account 127,007 84,747
158,208 104,425

The factoring is secured by a fixed and floating charge over all the property or undertaking of the company.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.1.23
value: £    £   
1,000 Ordinary A £1 1,000 1,000
1,000 Ordinary B £1 1,000 -
2,000 1,000

1,000 Ordinary B shares of £1 each were allotted and fully paid for cash at par during the period.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2024 and the year ended 31 January 2023:

31.3.24 31.1.23
£    £   
M S Carter
Balance outstanding at start of period 100,000 -
Amounts advanced - 100,000
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 100,000 100,000