Company Registration No. 11300888 (England and Wales)
MERCHANT'S JEWELLERS LTD
Unaudited accounts
for the year ended 30 April 2024
MERCHANT'S JEWELLERS LTD
Unaudited accounts
Contents
MERCHANT'S JEWELLERS LTD
Company Information
for the year ended 30 April 2024
Directors
Karim Merchant
Tanita Merchant
Company Number
11300888 (England and Wales)
Registered Office
MERCHANT'S JEWELLERS MERCIA MARINA
FINDERN LANE
WILLINGTON
DERBYSHIRE
DE65 6DW
ENGLAND
MERCHANT'S JEWELLERS LTD
Statement of financial position
as at 30 April 2024
Tangible assets
12,968
1,265
Inventories
121,927
102,814
Cash at bank and in hand
9,303
23,246
Creditors: amounts falling due within one year
(28,841)
(53,278)
Net current assets
109,811
72,782
Total assets less current liabilities
122,779
74,047
Creditors: amounts falling due after more than one year
(37,918)
-
Called up share capital
100
100
Profit and loss account
84,761
73,947
Shareholders' funds
84,861
74,047
For the year ending 30 April 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 26 January 2025 and were signed on its behalf by
Tanita Merchant
Director
Company Registration No. 11300888
MERCHANT'S JEWELLERS LTD
Notes to the Accounts
for the year ended 30 April 2024
MERCHANT'S JEWELLERS LTD is a private company, limited by shares, registered in England and Wales, registration number 11300888. The registered office is MERCHANT'S JEWELLERS MERCIA MARINA, FINDERN LANE, WILLINGTON, DERBYSHIRE, DE65 6DW, 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:
Plant & machinery
25% Straight line basis
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
MERCHANT'S JEWELLERS LTD
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,000
18,480
Taxes and social security
7,684
8,297
Loans from directors
16,157
26,501
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).