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REGISTERED NUMBER: 04527188 (England and Wales)















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2024

FOR

TREASURES (UK) LIMITED

TREASURES (UK) LIMITED (REGISTERED NUMBER: 04527188)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024




Page

Company information 1

Report of the director 2

Chartered certified accountants' report 3

Income statement 4

Balance sheet 5

Notes to the financial statements 7


TREASURES (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2024







DIRECTOR: Ms H J Lacey





REGISTERED OFFICE: 273 Portland Road
London
SE25 4XB





REGISTERED NUMBER: 04527188 (England and Wales)





ACCOUNTANTS: Leroy Reid & Co
Chartered Certified
Accountants
299 Northborough Road
Norbury
London
SW16 4TR

TREASURES (UK) LIMITED (REGISTERED NUMBER: 04527188)

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 30TH NOVEMBER 2024

The director presents her report with the financial statements of the company for the year ended 30th November 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of selling greeting cards, personalised stationeries, designed craft items and gift sets.

DIRECTOR
Ms H J Lacey held office during the whole of the period from 1st December 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Ms H J Lacey - Director


13th February 2025

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
TREASURES (UK) LIMITED


In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Treasures (UK) Limited for the year ended 30th November 2024 which comprise the Income statement, Balance sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Treasures (UK) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Treasures (UK) Limited and state those matters that we have agreed to state to the director of Treasures (UK) Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Treasures (UK) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Treasures (UK) Limited. You consider that Treasures (UK) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Treasures (UK) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Leroy Reid & Co
Chartered Certified
Accountants
299 Northborough Road
Norbury
London
SW16 4TR


13th February 2025

TREASURES (UK) LIMITED (REGISTERED NUMBER: 04527188)

INCOME STATEMENT
FOR THE YEAR ENDED 30TH NOVEMBER 2024

2024 2023
£    £   

TURNOVER 81,369 83,261

Cost of sales (47,705 ) (47,598 )
GROSS PROFIT 33,664 35,663

Administrative expenses (30,584 ) (36,870 )
OPERATING PROFIT/(LOSS) and
PROFIT/(LOSS) BEFORE TAXATION 3,080 (1,207 )

Tax on profit/(loss) (356 ) -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

2,724

(1,207

)

TREASURES (UK) LIMITED (REGISTERED NUMBER: 04527188)

BALANCE SHEET
30TH NOVEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 2 2

CURRENT ASSETS
Stocks 28,950 28,400
Cash at bank 26,495 20,980
55,445 49,380
CREDITORS
Amounts falling due within one year 5 (8,806 ) (5,465 )
NET CURRENT ASSETS 46,639 43,915
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,641

43,917

CREDITORS
Amounts falling due after more than one
year

6

(2,809

)

(2,809

)
NET ASSETS 43,832 41,108

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 7 43,830 41,106
43,832 41,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

TREASURES (UK) LIMITED (REGISTERED NUMBER: 04527188)

BALANCE SHEET - continued
30TH NOVEMBER 2024


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 13th February 2025 and were signed by:





Ms H J Lacey - Director


TREASURES (UK) LIMITED (REGISTERED NUMBER: 04527188)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024

1. STATUTORY INFORMATION

Treasures (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st December 2023
and 30th November 2024 2,495
DEPRECIATION
At 1st December 2023
and 30th November 2024 2,493
NET BOOK VALUE
At 30th November 2024 2
At 30th November 2023 2

TREASURES (UK) LIMITED (REGISTERED NUMBER: 04527188)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,935 2,587
Taxation and social security 679 280
Other creditors 4,192 2,598
8,806 5,465

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 2,809 2,809

7. RESERVES
Retained
earnings
£   

At 1st December 2023 41,106
Profit for the year 2,724
At 30th November 2024 43,830