Company Registration No. 08354243 (England and Wales)
Farringdons Jewellery Limited
Unaudited accounts
for the year ended 29 February 2024
Farringdons Jewellery Limited
Unaudited accounts
Contents
Farringdons Jewellery Limited
Company Information
for the year ended 29 February 2024
Directors
Mark William Hicks
Liam Raymond Hicks
Company Number
08354243 (England and Wales)
Registered Office
32b Greville Street
London
EC1N 8TB
UK
Accountants
Mrs Pamela Bodell
19
The Springs
Broxbourne
Hertfordshire
EN10 6EW
Farringdons Jewellery Limited
Statement of financial position
as at 29 February 2024
Tangible assets
2,286
1,630
Inventories
1,450,000
1,150,000
Cash at bank and in hand
52,258
152,656
Creditors: amounts falling due within one year
(172,685)
(203,313)
Net current assets
1,425,073
1,167,843
Total assets less current liabilities
1,427,359
1,169,473
Creditors: amounts falling due after more than one year
(111,511)
(155,257)
Provisions for liabilities
Other provisions
(112,424)
(112,424)
Net assets
1,203,424
901,792
Called up share capital
100
100
Profit and loss account
1,203,324
901,692
Shareholders' funds
1,203,424
901,792
For the year ending 29 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by
Mark William Hicks
Director
Company Registration No. 08354243
Farringdons Jewellery Limited
Notes to the Accounts
for the year ended 29 February 2024
Farringdons Jewellery Limited is a private company, limited by shares, registered in England and Wales, registration number 08354243. The registered office is 32b Greville Street, London, EC1N 8TB, UK.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Computer equipment
Farringdons Jewellery Limited
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Amounts falling due after more than one year
Trade debtors
48,000
65,000
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(888)
13,111
Other creditors
2,500
2,500
Loans from directors
30,490
46,444
7
Creditors: amounts falling due after more than one year
2024
2023
Trade creditors
46,136
46,136
Taxes and social security
-
33,029
Loans from directors
36,400
36,400
8
Average number of employees
During the year the average number of employees was 8 (2023: 7).