2023-03-01 05362013 2024-02-28 05362013 2023-03-01 2024-02-28 05362013 2023-02-28 05362013 2022-03-01 2023-02-28 05362013 uk-core:WithinOneYear 2023-02-28 05362013 uk-core:WithinOneYear 2024-02-28 05362013 uk-core:ShareCapital 2024-02-28 05362013 uk-core:ShareCapital 2023-02-28 05362013 uk-core:RetainedEarningsAccumulatedLosses 2024-02-28 05362013 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 05362013 uk-bus:Director1 2023-03-01 2024-02-28 05362013 uk-core:ComputerEquipment 2023-03-01 2024-02-28 05362013 uk-core:MotorCars 2023-03-01 2024-02-28 05362013 uk-core:ComputerEquipment 2023-02-28 05362013 uk-core:MotorCars 2023-02-28 05362013 uk-core:MotorCars 2024-02-28 05362013 uk-core:ComputerEquipment 2024-02-28 iso4217:GBP xbrli:pure 05362013 uk-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 05362013 uk-bus:FRS102 2023-03-01 2024-02-28 05362013 uk-bus:FilletedAccounts 2023-03-01 2024-02-28 05362013 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28
Draft
Mittal Jewellery Private Limited
Registered Number:05362013
For the year ended 28 February 2024
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 28 February 2024
Mittal Jewellery Private Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
05362013
As at 28 February 2024
Mittal Jewellery Private Limited
Statement of Financial Position
£
£
2023
2024
Notes
Current assets
Inventories
81,215
58,567
3
Trade and other receivables
1,187,333
382,298
4
24,374
Cash and cash equivalents
8,239
449,104
1,292,922
Trade and other payables: amounts falling due within one year
(901,747)
(133,123)
5
391,175
315,981
Net current assets
Total assets less current liabilities
315,981
391,175
315,981
Net assets
391,175
Capital and reserves
Called up share capital
10,000
10,000
Retained earnings
305,981
381,175
315,981
391,175
Shareholders' funds
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Virendra Kumar Mittal Director
These financial statements were approved and authorised for issue by the Board on 14 November 2024 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 28 February 2024
Mittal Jewellery Private Limited
Notes to the Financial Statements
Statutory Information
Mittal Jewellery Private Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 05362013.
Registered address:
45A Boudaries Road
London
SW12 8EU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
£
£
£
Cost or valuation
At 01 March 2023
31,473
8,354
23,119
At 28 February 2024
23,119
8,354
31,473
Provision for depreciation and impairment
At 01 March 2023
31,473
8,354
23,119
At 28 February 2024
31,473
8,354
23,119
At 28 February 2024
Net book value
-
-
-
At 28 February 2023
-
-
-
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5
Draft
For the year ended 28 February 2024
Mittal Jewellery Private Limited
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
58,567
81,215
4. Trade and other receivables
2023
2024
£
£
Trade debtors
144,032
577,134
Taxation and social security
54,044
-
Other debtors
184,222
610,199
1,187,333
382,298
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
-
836,070
Taxation and social security
33,123
65,677
Other creditors
100,000
-
133,123
901,747
6. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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