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REGISTERED NUMBER: SC324487 (Scotland)














Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Bijoux Bridal Limited

Bijoux Bridal Limited (Registered number: SC324487)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bijoux Bridal Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mrs L Speirs





REGISTERED OFFICE: 48 Castle Street
Hamilton
ML3 6BU





REGISTERED NUMBER: SC324487 (Scotland)





ACCOUNTANTS: Gordon Ferguson & Co Ltd
76 Hamilton Road
Motherwell
Lanarkshire
ML1 3BY

Bijoux Bridal Limited (Registered number: SC324487)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 778 1,361
Tangible assets 5 110,200 57,396
110,978 58,757

CURRENT ASSETS
Stocks 258,175 143,625
Debtors 6 53,208 16,059
Cash at bank 97,689 70,090
409,072 229,774
CREDITORS
Amounts falling due within one year 7 215,539 107,149
NET CURRENT ASSETS 193,533 122,625
TOTAL ASSETS LESS CURRENT
LIABILITIES

304,511

181,382

CREDITORS
Amounts falling due after more than one
year

8

(58,483

)

-

PROVISIONS FOR LIABILITIES (14,689 ) (10,905 )
NET ASSETS 231,339 170,477

CAPITAL AND RESERVES
Called up share capital 105 105
Retained earnings 231,234 170,372
SHAREHOLDERS' FUNDS 231,339 170,477

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Bijoux Bridal Limited (Registered number: SC324487)

Balance Sheet - continued
31 December 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 25 February 2025 and were signed by:





Mrs L Speirs - Director


Bijoux Bridal Limited (Registered number: SC324487)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Bijoux Bridal Limited is a private company, limited by shares , registered in Scotland. 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 2021, is being amortised evenly over its estimated useful life of five 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Bijoux Bridal Limited (Registered number: SC324487)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 21 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 2,917
AMORTISATION
At 1 January 2024 1,556
Charge for year 583
At 31 December 2024 2,139
NET BOOK VALUE
At 31 December 2024 778
At 31 December 2023 1,361

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2024 5,000 7,000 34,408
Additions - - 1,700
At 31 December 2024 5,000 7,000 36,108
DEPRECIATION
At 1 January 2024 917 2,100 9,511
Charge for year 1,000 1,283 7,222
At 31 December 2024 1,917 3,383 16,733
NET BOOK VALUE
At 31 December 2024 3,083 3,617 19,375
At 31 December 2023 4,083 4,900 24,897

Bijoux Bridal Limited (Registered number: SC324487)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 - 30,896 77,304
Additions 76,098 6,764 84,562
At 31 December 2024 76,098 37,660 161,866
DEPRECIATION
At 1 January 2024 - 7,380 19,908
Charge for year 15,220 7,033 31,758
At 31 December 2024 15,220 14,413 51,666
NET BOOK VALUE
At 31 December 2024 60,878 23,247 110,200
At 31 December 2023 - 23,516 57,396

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 76,098
At 31 December 2024 76,098
DEPRECIATION
Charge for year 15,220
At 31 December 2024 15,220
NET BOOK VALUE
At 31 December 2024 60,878

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Inter Company Account 29,875 -
Prepayments 23,333 16,059
53,208 16,059

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 7,481 -
Trade creditors 124,905 9,076
Tax 26,875 41,839
Social security and other taxes 8,521 7,669
VAT 40,933 34,056
Pension Fund 1,911 2,023
Directors' current accounts 3,263 -
Accruals and deferred income 1,650 12,486
215,539 107,149

Bijoux Bridal Limited (Registered number: SC324487)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 58,483 -