1 April 2023 false No description of principal activity Taxfiler 2024.5 11280513business:PrivateLimitedCompanyLtd2023-04-012024-03-31 112805132023-03-31 112805132023-04-012024-03-31 11280513business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 11280513business:FilletedAccounts2023-04-012024-03-31 112805132024-03-31 11280513business:Director12023-04-012024-03-31 11280513business:RegisteredOffice2023-04-012024-03-31 112805132023-03-31 11280513core:WithinOneYear2024-03-31 11280513core:WithinOneYear2023-03-31 11280513core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 11280513core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 11280513core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 11280513core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11280513core:PreviouslyStatedAmount2024-03-31 11280513core:PreviouslyStatedAmount2023-03-31 11280513business:SmallEntities2023-04-012024-03-31 11280513countries:EnglandWales2023-04-012024-03-31 11280513core:PlantMachinery2023-04-012024-03-31 11280513core:PlantMachinery2023-03-31 11280513core:PlantMachinery2024-03-31 11280513core:AfterOneYear2024-03-31 11280513core:AfterOneYear2023-03-31 112805132022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11280513 (England and Wales)
EMILY SMEATON FINE JEWELLERY LTD Unaudited accounts for the year ended 31 March 2024
EMILY SMEATON FINE JEWELLERY LTD Unaudited accounts Contents
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EMILY SMEATON FINE JEWELLERY LTD Company Information for the year ended 31 March 2024
Director
E Church
Company Number
11280513 (England and Wales)
Registered Office
3 Strickland Row Wandsworth London SW18 3JD United Kingdom
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EMILY SMEATON FINE JEWELLERY LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
561 
748 
Current assets
Inventories
138 
138 
Debtors
4,131 
6,105 
Cash at bank and in hand
3,921 
4,191 
8,190 
10,434 
Creditors: amounts falling due within one year
(8,617)
(9,424)
Net current (liabilities)/assets
(427)
1,010 
Total assets less current liabilities
134 
1,758 
Provisions for liabilities
Deferred tax
(106)
(142)
Net assets
28 
1,616 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
27 
1,615 
Shareholders' funds
28 
1,616 
For the year ending 31 March 2024 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 her 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 5 October 2024 and were signed on its behalf by
E Church Director Company Registration No. 11280513
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EMILY SMEATON FINE JEWELLERY LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
EMILY SMEATON FINE JEWELLERY LTD is a private company, limited by shares, registered in England and Wales, registration number 11280513. The registered office is 3 Strickland Row, Wandsworth, London, SW18 3JD, 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.
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.
Turnover
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.
Inventories
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.
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:
Plant & machinery
25% Reducing balance method
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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EMILY SMEATON FINE JEWELLERY LTD Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
2,388 
At 31 March 2024
2,388 
Depreciation
At 1 April 2023
1,640 
Charge for the year
187 
At 31 March 2024
1,827 
Net book value
At 31 March 2024
561 
At 31 March 2023
748 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
4,131 
6,105 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
272 
506 
Taxes and social security
6,465 
248 
Other creditors
1,880 
8,670 
8,617 
9,424 
7
Transactions with related parties
Ms E Smeaton is the director of the company and owns 100% of the issued share capital. At the balance sheet date, Ms E Smeaton owed the company £ 1,296 (2023 -nil) this was repaid shortly after the year end date Dividends were paid to the Ms E Smeaton during the year of £29,000 (2023-£10,577).
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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