1 April 2023 false No description of principal activity Taxfiler 2024.6 12423075business:PrivateLimitedCompanyLtd2023-04-012024-03-31 124230752023-03-31 124230752023-04-012024-03-31 12423075business:AuditExemptWithAccountantsReport2023-04-012024-03-31 12423075business:FilletedAccounts2023-04-012024-03-31 124230752024-03-31 12423075business:Director12023-04-012024-03-31 12423075business:RegisteredOffice2023-04-012024-03-31 124230752023-03-31 12423075core:WithinOneYear2024-03-31 12423075core:WithinOneYear2023-03-31 12423075core:AfterOneYear2024-03-31 12423075core:AfterOneYear2023-03-31 12423075core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 12423075core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 12423075core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 12423075core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 12423075core:PreviouslyStatedAmount2024-03-31 12423075core:PreviouslyStatedAmount2023-03-31 12423075business:SmallEntities2023-04-012024-03-31 12423075countries:EnglandWales2023-04-012024-03-31 12423075core:ComputerEquipment2023-04-012024-03-31 12423075core:ComputerEquipment2023-03-31 12423075core:ComputerEquipment2024-03-31 124230752022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 12423075 (England and Wales)
JEWELLERY WITH LOVE LTD Unaudited accounts for the year ended 31 March 2024
JEWELLERY WITH LOVE LTD Unaudited accounts Contents
Page
- 2 -
JEWELLERY WITH LOVE LTD Company Information for the year ended 31 March 2024
Director
Mr Wissam Khaddaj
Company Number
12423075 (England and Wales)
Registered Office
63 LOWER GROUND/BASEMENT 63 CAMDEN ROAD LONDON NW1 9EU ENGLAND
Accountants
Aidhan and Partners Simply Accountants Ltd 8 Devonshire Square London EC2M 4PL
- 3 -
JEWELLERY WITH LOVE LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,183 
4,387 
Current assets
Inventories
113,623 
116,444 
Debtors
6,303 
3,715 
Cash at bank and in hand
113,635 
162,903 
233,561 
283,062 
Creditors: amounts falling due within one year
(121,568)
(141,040)
Net current assets
111,993 
142,022 
Total assets less current liabilities
115,176 
146,409 
Creditors: amounts falling due after more than one year
(3,534)
(4,759)
Net assets
111,642 
141,650 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
111,542 
141,550 
Shareholders' funds
111,642 
141,650 
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 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 12 November 2024 and were signed on its behalf by
Mr Wissam Khaddaj Director Company Registration No. 12423075
- 4 -
JEWELLERY WITH LOVE LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
JEWELLERY WITH LOVE LTD is a private company, limited by shares, registered in England and Wales, registration number 12423075. The registered office is 63 LOWER GROUND/BASEMENT, 63 CAMDEN ROAD, LONDON, NW1 9EU, 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.
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.
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:
Computer equipment
50%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
6,043 
Additions
1,916 
At 31 March 2024
7,959 
Depreciation
At 1 April 2023
1,656 
Charge for the year
3,120 
At 31 March 2024
4,776 
Net book value
At 31 March 2024
3,183 
At 31 March 2023
4,387 
- 5 -
JEWELLERY WITH LOVE LTD Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
600 
- 
Other debtors
5,703 
3,715 
6,303 
3,715 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
103,581 
84,117 
Trade creditors
9,275 
4,788 
Taxes and social security
1,673 
33,949 
Other creditors
5,261 
7,658 
Loans from directors
1,778 
10,528 
121,568 
141,040 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,534 
4,759 
8
Average number of employees
During the year the average number of employees was 3 (2023: 6).
- 6 -