IRIS Accounts Production v25.1.4.42 13697761 director 1.11.23 31.10.24 31.10.24 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh136977612023-10-31136977612024-10-31136977612023-11-012024-10-31136977612022-10-31136977612022-11-012023-10-31136977612023-10-3113697761ns15:EnglandWales2023-11-012024-10-3113697761ns14:PoundSterling2023-11-012024-10-3113697761ns10:Director12023-11-012024-10-3113697761ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3113697761ns10:SmallEntities2023-11-012024-10-3113697761ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3113697761ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3113697761ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3113697761ns10:FullAccounts2023-11-012024-10-3113697761ns10:OrdinaryShareClass12023-11-012024-10-3113697761ns10:CompanySecretary12023-11-012024-10-3113697761ns10:RegisteredOffice2023-11-012024-10-3113697761ns5:CurrentFinancialInstruments2024-10-3113697761ns5:CurrentFinancialInstruments2023-10-3113697761ns5:ShareCapital2024-10-3113697761ns5:ShareCapital2023-10-3113697761ns5:RetainedEarningsAccumulatedLosses2024-10-3113697761ns5:RetainedEarningsAccumulatedLosses2023-10-3113697761ns5:FurnitureFittings2023-11-012024-10-3113697761ns5:FurnitureFittings2023-10-3113697761ns5:FurnitureFittings2024-10-3113697761ns5:FurnitureFittings2023-10-3113697761ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3113697761ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3113697761ns10:OrdinaryShareClass12024-10-31
REGISTERED NUMBER: 13697761 (England and Wales)















HAUTE JEWELS INTERNATIONAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2024






HAUTE JEWELS INTERNATIONAL LIMITED (REGISTERED NUMBER: 13697761)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HAUTE JEWELS INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2024







DIRECTOR: Mr M. Hakimian





SECRETARY: Mrs D. Hakimian





REGISTERED OFFICE: Suite 25
63-66 Hatton Gardens
London
EC1N 8LE





REGISTERED NUMBER: 13697761 (England and Wales)





ACCOUNTANTS: Carston ETL
Chartered Accountants
Second Floor
34 Lime Street
London
EC3M 7AT

HAUTE JEWELS INTERNATIONAL LIMITED (REGISTERED NUMBER: 13697761)

BALANCE SHEET
31ST OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 99,125 116,618

CURRENT ASSETS
Stocks 193,650 189,000
Debtors 5 598,613 419,252
Cash at bank and in hand 300,459 740,861
1,092,722 1,349,113
CREDITORS
Amounts falling due within one year 6 833,146 1,132,545
NET CURRENT ASSETS 259,576 216,568
TOTAL ASSETS LESS CURRENT LIABILITIES 358,701 333,186

PROVISIONS FOR LIABILITIES 18,833 22,157
NET ASSETS 339,868 311,029

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 339,768 310,929
SHAREHOLDERS' FUNDS 339,868 311,029

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

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

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 18th June 2025 and were signed by:





Mr M. Hakimian - Director


HAUTE JEWELS INTERNATIONAL LIMITED (REGISTERED NUMBER: 13697761)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024


1. STATUTORY INFORMATION

Haute Jewels International 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.
Fixtures and fittings - 15% 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.

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.

Basic financial instruments
Trade and other debtors / creditors
Trade and other debtors are recognised initially at transaction price less attributable transaction costs.
Subsequent to initial recognition, they are measured at transaction price less any impairment losses.
Trade and other creditors are recognised initially at transaction price plus attributable transaction costs.

Cash and cash equivalents
Cash and cash equivalents comprise cash balances and deposits.

3. EMPLOYEES AND DIRECTORS

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

HAUTE JEWELS INTERNATIONAL LIMITED (REGISTERED NUMBER: 13697761)

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


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st November 2023
and 31st October 2024 150,562
DEPRECIATION
At 1st November 2023 33,944
Charge for year 17,493
At 31st October 2024 51,437
NET BOOK VALUE
At 31st October 2024 99,125
At 31st October 2023 116,618

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 598,613 419,252

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 16,277 9,852
Amounts owed to group undertakings - 563,241
Taxation and social security 15,910 21,779
Other creditors 800,959 537,673
833,146 1,132,545

7. CALLED UP SHARE CAPITAL

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

8. RELATED PARTY DISCLOSURES

M Hakimian & Co is a related party by virtue of common ownership of the director.

Transfers between the related parties were £193,701.

No interest was charged on the above transaction.