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REGISTERED NUMBER: 12947035 (England and Wales)















Badis Jewellery Limited

Unaudited Financial Statements

for the Period

1 November 2022 to 31 January 2024






Badis Jewellery Limited (Registered number: 12947035)






Contents of the Financial Statements
for the Period 1 November 2022 to 31 January 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Badis Jewellery Limited

Company Information
for the Period 1 November 2022 to 31 January 2024







DIRECTOR: Mrs E Banti





REGISTERED OFFICE: 13 The Courtyard
Timothys Bridge Road
Stratford-upon-Avon
Warwickshire
CV37 9NP





REGISTERED NUMBER: 12947035 (England and Wales)





ACCOUNTANTS: Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP

Badis Jewellery Limited (Registered number: 12947035)

Balance Sheet
31 January 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,375 29,562

CURRENT ASSETS
Stocks 16,428 13,200
Debtors 5 11,261 11,613
Cash at bank and in hand 14,384 24,478
42,073 49,291
CREDITORS
Amounts falling due within one year 6 109,925 126,549
NET CURRENT LIABILITIES (67,852 ) (77,258 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(45,477

)

(47,696

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (45,577 ) (47,796 )
(45,477 ) (47,696 )

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

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

The director acknowledges her 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.

Badis Jewellery Limited (Registered number: 12947035)

Balance Sheet - continued
31 January 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 director and authorised for issue on 9 October 2024 and were signed by:





Mrs E Banti - Director


Badis Jewellery Limited (Registered number: 12947035)

Notes to the Financial Statements
for the Period 1 November 2022 to 31 January 2024

1. STATUTORY INFORMATION

Badis Jewellery 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.

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.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

Badis Jewellery Limited (Registered number: 12947035)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 31 January 2024

2. ACCOUNTING POLICIES - continued

Going concern
The director of the company has confirmed that sufficient financial support will be provided to enable this company to continue its operations for a period of not less than 12 months from the date the balance sheet is signed and accordingly the financial statements are prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2022 39,290 1,542 40,832
Additions - 341 341
At 31 January 2024 39,290 1,883 41,173
DEPRECIATION
At 1 November 2022 10,718 552 11,270
Charge for period 7,143 385 7,528
At 31 January 2024 17,861 937 18,798
NET BOOK VALUE
At 31 January 2024 21,429 946 22,375
At 31 October 2022 28,572 990 29,562

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Other debtors 11,261 11,613

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade creditors 84 52,938
Taxation and social security 10,041 12,286
Other creditors 99,800 61,325
109,925 126,549

Badis Jewellery Limited (Registered number: 12947035)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 31 January 2024

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2022
£    £   
Within one year 36,000 36,000
Between one and five years 108,000 108,000
In more than five years 105,000 150,000
249,000 294,000