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REGISTERED NUMBER: 00886609 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

R & J Diamonds Limited

R & J Diamonds Limited (Registered number: 00886609)

Contents of the Financial Statements
for the Year Ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R & J Diamonds Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mrs A Gefilhaus
Mrs N Brenig
Ms M Feingold
Ms E Hoffman





SECRETARY: Ms H Rokach





REGISTERED OFFICE: 5 North End Road
London
NW11 7RJ





REGISTERED NUMBER: 00886609 (England and Wales)





ACCOUNTANTS: Martin+Heller
5 North End Road
London
NW11 7RJ

R & J Diamonds Limited (Registered number: 00886609)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 261 347

CURRENT ASSETS
Stocks 140,000 265,000
Debtors 5 171,398 68,346
Cash at bank 1,932,375 1,930,948
2,243,773 2,264,294
CREDITORS
Amounts falling due within one year 6 2,744,719 2,744,568
NET CURRENT LIABILITIES (500,946 ) (480,274 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(500,685

)

(479,927

)

CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Retained earnings 8 (510,685 ) (489,927 )
SHAREHOLDERS' FUNDS (500,685 ) (479,927 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

R & J Diamonds Limited (Registered number: 00886609)

Balance Sheet - continued
31 July 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 November 2024 and were signed on its behalf by:





Ms E Hoffman - Director


R & J Diamonds Limited (Registered number: 00886609)

Notes to the Financial Statements
for the Year Ended 31 July 2024


1. STATUTORY INFORMATION

R & J Diamonds 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.
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 year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

R & J Diamonds Limited (Registered number: 00886609)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 August 2023
and 31 July 2024 1,945
DEPRECIATION
At 1 August 2023 1,598
Charge for year 86
At 31 July 2024 1,684
NET BOOK VALUE
At 31 July 2024 261
At 31 July 2023 347

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£ £
Trade debtors 170,838 68,313
Other debtors 560 33
171,398 68,346

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£ £
Trade creditors 3,181 3,180
Other creditors 2,741,538 2,741,388
2,744,719 2,744,568

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £ £
10,000 Ordinary £1 10,000 10,000

R & J Diamonds Limited (Registered number: 00886609)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


8. RESERVES
Retained
earnings
£

At 1 August 2023 (489,927 )
Deficit for the year (20,758 )
At 31 July 2024 (510,685 )