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REGISTERED NUMBER: 06968716 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

CATHEDRAL JEWELLERS LTD

CATHEDRAL JEWELLERS LTD (REGISTERED NUMBER: 06968716)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CATHEDRAL JEWELLERS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: C.S. Wakeling





REGISTERED OFFICE: 6 Green Lane Business Park
Green Lane
New Eltham
London
SE9 3TL





REGISTERED NUMBER: 06968716 (England and Wales)





ACCOUNTANTS: Andrew Cross & Co.
Chartered Certified Accountants
6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL

CATHEDRAL JEWELLERS LTD (REGISTERED NUMBER: 06968716)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,009 1,843
2,009 1,843

CURRENT ASSETS
Stocks 6 32,880 30,178
Debtors 7 5,767 3,095
38,647 33,273
CREDITORS
Amounts falling due within one year 8 40,158 34,949
NET CURRENT LIABILITIES (1,511 ) (1,676 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

498

167

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 398 67
SHAREHOLDERS' FUNDS 498 167

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CATHEDRAL JEWELLERS LTD (REGISTERED NUMBER: 06968716)

BALANCE SHEET - continued
31 AUGUST 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 February 2025 and were signed by:





C.S. Wakeling - Director


CATHEDRAL JEWELLERS LTD (REGISTERED NUMBER: 06968716)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Cathedral Jewellers Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 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 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 11,858
AMORTISATION
At 1 September 2023
and 31 August 2024 11,858
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

CATHEDRAL JEWELLERS LTD (REGISTERED NUMBER: 06968716)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 2,331 1,500 12,273 2,794 18,898
Additions - - - 1,351 1,351
At 31 August 2024 2,331 1,500 12,273 4,145 20,249
DEPRECIATION
At 1 September 2023 2,331 1,500 10,517 2,707 17,055
Charge for year - - 439 746 1,185
At 31 August 2024 2,331 1,500 10,956 3,453 18,240
NET BOOK VALUE
At 31 August 2024 - - 1,317 692 2,009
At 31 August 2023 - - 1,756 87 1,843

6. STOCKS
2024 2023
£    £   
Stocks 32,880 30,178

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,520 -
Other debtors 3,247 3,095
5,767 3,095

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,598 13,028
Trade creditors 17,078 13,161
Tax 14,778 7,641
Social security and other taxes 985 1,088
VAT 8,925 8,459
Directors Loan Account (18,261 ) (10,202 )
Accrued expenses 6,055 1,774
40,158 34,949

CATHEDRAL JEWELLERS LTD (REGISTERED NUMBER: 06968716)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 September 2023 67
Profit for the year 55,331
Dividends (55,000 )
At 31 August 2024 398