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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
Page
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Fei Liu Fine Jewellery Ltd Company Information for the year ended 28 December 2023
Director
Fei Liu
Company Number
07467605 (England and Wales)
Registered Office
UNIT 303 THE ARGENT CENTRE 60 FREDERICK STREET BIRMINGHAM B1 3HS ENGLAND
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Fei Liu Fine Jewellery Ltd Statement of financial position as at 28 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
103,647 
87,827 
Current assets
Inventories
71,836 
70,560 
Debtors
66,853 
27,766 
Cash at bank and in hand
109,567 
19,860 
248,256 
118,186 
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)
Capital and reserves
Share premium
1 
1 
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
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Fei Liu Fine Jewellery Ltd Notes to the Accounts for the year ended 28 December 2023
1
Statutory information
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.
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.
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
4
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 
Depreciation
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 
Net book value
At 28 December 2023
80,250 
22,924 
473 
103,647 
At 28 December 2022
71,302 
15,894 
631 
87,827 
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Fei Liu Fine Jewellery Ltd Notes to the Accounts for the year ended 28 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
50,124 
11,037 
Other debtors
6,473 
6,473 
56,597 
17,510 
Amounts falling due after more than one year
Accrued income and prepayments
10,256 
10,256 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,433 
8,433 
VAT
5,821 
(2,701)
Trade creditors
36,753 
37,770 
Taxes and social security
92 
92 
51,099 
43,594 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
11,689 
19,059 
Loans from directors
294,234 
184,376 
Accruals
1,500 
1,500 
307,423 
204,935 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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