JEWELULTRA LIMITED

Company Registration Number:
02732994 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

JEWELULTRA LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

JEWELULTRA LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 1 1
Tangible assets: 4 3,114,972 3,123,434
Total fixed assets: 3,114,973 3,123,435
Current assets
Stocks: 845,170 953,642
Debtors:   1,841,873 1,991,302
Cash at bank and in hand: 2,397,118 1,832,153
Total current assets: 5,084,161 4,777,097
Creditors: amounts falling due within one year:   (1,433,545) (1,635,491)
Net current assets (liabilities): 3,650,616 3,141,606
Total assets less current liabilities: 6,765,589 6,265,041
Provision for liabilities: (51,880) (50,589)
Total net assets (liabilities): 6,713,709 6,214,452
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 6,713,609 6,214,352
Shareholders funds: 6,713,709 6,214,452

The notes form part of these financial statements

JEWELULTRA LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 October 2024
and signed on behalf of the board by:

Name: J W Boseley
Status: Director

The notes form part of these financial statements

JEWELULTRA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets and depreciation policy

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows; Freehold buildings - 2% Straight Line Plant machinery - 15% Reducing Balance Fixtures equipment - 15% Reducing Balance Motor vehicles - 25% Reducing Balance

Intangible fixed assets and amortisation policy

Patents are valued at cost less accumulated amortisation.

Valuation and information policy

Stock is valued at the lower of cost and net realisable value.

Other accounting policies

The company operates a defined pension contribution scheme. The pension cost charged in the accounts represents the contributions payable during the year. Deferred Taxation Provision is made for deferred taxation to take account of material timing differences between the incidence of income and expenditure for taxation and accounting purposes.

JEWELULTRA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 36 35

JEWELULTRA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible Assets

Total
Cost £
At 01 April 2023 15,638
At 31 March 2024 15,638
Amortisation
At 01 April 2023 15,637
At 31 March 2024 15,637
Net book value
At 31 March 2024 1
At 31 March 2023 1

JEWELULTRA LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 3,948,377
Additions 186,501
Disposals (102,280)
At 31 March 2024 4,032,598
Depreciation
At 01 April 2023 824,943
Charge for year 135,060
On disposals (42,377)
At 31 March 2024 917,626
Net book value
At 31 March 2024 3,114,972
At 31 March 2023 3,123,434