Company Registration No. 07467605 (England and Wales)
Fei Liu Fine Jewellery Ltd
Unaudited accounts
for the year ended 28 December 2023
Fei Liu Fine Jewellery Ltd
Unaudited accounts
Contents
Fei Liu Fine Jewellery Ltd
Company Information
for the year ended 28 December 2023
Company Number
07467605 (England and Wales)
Registered Office
UNIT 303 THE ARGENT CENTRE
60 FREDERICK STREET
BIRMINGHAM
B1 3HS
ENGLAND
Fei Liu Fine Jewellery Ltd
Statement of financial position
as at 28 December 2023
Tangible assets
103,647
87,827
Cash at bank and in hand
109,567
19,860
Creditors: amounts falling due within one year
(51,099)
(43,594)
Net current assets
197,157
74,592
Total assets less current liabilities
300,804
162,419
Creditors: amounts falling due after more than one year
(307,423)
(204,935)
Net liabilities
(6,619)
(42,516)
Profit and loss account
(6,620)
(42,517)
Shareholders' funds
(6,619)
(42,516)
For the year ending 28 December 2023 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 4 October 2024 and were signed on its behalf by
Fei Liu
Director
Company Registration No. 07467605
Fei Liu Fine Jewellery Ltd
Notes to the Accounts
for the year ended 28 December 2023
Fei Liu Fine Jewellery Ltd is a private company, limited by shares, registered in England and Wales, registration number 07467605. The registered office is UNIT 303 THE ARGENT CENTRE, 60 FREDERICK STREET, BIRMINGHAM, B1 3HS, ENGLAND.
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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:
Land & buildings
2% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
25% on reducing balance
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 29 December 2022
77,347
31,295
2,155
110,797
Additions
10,588
10,990
-
21,578
At 28 December 2023
87,935
42,285
2,155
132,375
At 29 December 2022
6,045
15,401
1,524
22,970
Charge for the year
1,640
3,960
158
5,758
At 28 December 2023
7,685
19,361
1,682
28,728
At 28 December 2023
80,250
22,924
473
103,647
At 28 December 2022
71,302
15,894
631
87,827
Fei Liu Fine Jewellery Ltd
Notes to the Accounts
for the year ended 28 December 2023
Amounts falling due within one year
Trade debtors
50,124
11,037
Amounts falling due after more than one year
Accrued income and prepayments
10,256
10,256
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
8,433
8,433
Trade creditors
36,753
37,770
Taxes and social security
92
92
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
294,234
184,376
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Average number of employees
During the year the average number of employees was 2 (2022: 2).