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REGISTERED NUMBER: 06413962 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Coe & Co Fine Jewellery Limited

Coe & Co Fine Jewellery Limited (Registered number: 06413962)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Coe & Co Fine Jewellery Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: A J Coe





REGISTERED OFFICE: Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA





REGISTERED NUMBER: 06413962 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Coe & Co Fine Jewellery Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Coe & Co Fine Jewellery Limited for the year ended 31 October 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Coe & Co Fine Jewellery Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Coe & Co Fine Jewellery Limited and state those matters that we have agreed to state to the director of Coe & Co Fine Jewellery Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Coe & Co Fine Jewellery Limited and its director for our work or for this report.

It is your duty to ensure that Coe & Co Fine Jewellery 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 loss of Coe & Co Fine Jewellery Limited. You consider that Coe & Co Fine Jewellery 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 Coe & Co Fine Jewellery 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.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA


17 July 2025

Coe & Co Fine Jewellery Limited (Registered number: 06413962)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 75,000 75,000
Tangible assets 5 1,871,810 1,822,941
1,946,810 1,897,941

CURRENT ASSETS
Stocks 529,650 692,514
Debtors 6 1,249 11,529
Cash at bank and in hand 2,429 305
533,328 704,348
CREDITORS
Amounts falling due within one year 7 330,683 382,835
NET CURRENT ASSETS 202,645 321,513
TOTAL ASSETS LESS CURRENT LIABILITIES 2,149,455 2,219,454

CREDITORS
Amounts falling due after more than one
year

8

(395,354

)

(432,840

)

PROVISIONS FOR LIABILITIES (19,013 ) (28,616 )
NET ASSETS 1,735,088 1,757,998

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 1,734,988 1,757,898
SHAREHOLDERS' FUNDS 1,735,088 1,757,998

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

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

Coe & Co Fine Jewellery Limited (Registered number: 06413962)

Balance Sheet - continued
31 October 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 17 July 2025 and were signed by:





A J Coe - Director


Coe & Co Fine Jewellery Limited (Registered number: 06413962)

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

1. STATUTORY INFORMATION

Coe & Co Fine Jewellery 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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.
Land and Buildings - 2% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% 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.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.


Coe & Co Fine Jewellery Limited (Registered number: 06413962)

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

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

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 9 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 75,000
NET BOOK VALUE
At 31 October 2024 75,000
At 31 October 2023 75,000

5. TANGIBLE FIXED ASSETS
Fixtures
Land and Plant and and
Buildings machinery fittings
£    £    £   
COST
At 1 November 2023 1,665,960 90,153 404,885
Additions 58,723 - -
Disposals - - -
At 31 October 2024 1,724,683 90,153 404,885
DEPRECIATION
At 1 November 2023 122 58,365 323,869
Charge for year 2,606 6,358 16,204
Eliminated on disposal - - -
At 31 October 2024 2,728 64,723 340,073
NET BOOK VALUE
At 31 October 2024 1,721,955 25,430 64,812
At 31 October 2023 1,665,838 31,788 81,016

Coe & Co Fine Jewellery Limited (Registered number: 06413962)

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

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2023 95,137 4,086 2,260,221
Additions 74,832 1,196 134,751
Disposals (58,090 ) - (58,090 )
At 31 October 2024 111,879 5,282 2,336,882
DEPRECIATION
At 1 November 2023 52,367 2,557 437,280
Charge for year 19,750 1,057 45,975
Eliminated on disposal (18,183 ) - (18,183 )
At 31 October 2024 53,934 3,614 465,072
NET BOOK VALUE
At 31 October 2024 57,945 1,668 1,871,810
At 31 October 2023 42,770 1,529 1,822,941

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 2,420
Other debtors 1,249 9,109
1,249 11,529

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 137,138 136,597
Trade creditors 136,299 209,609
Taxation and social security 14,849 17,002
Other creditors 42,397 19,627
330,683 382,835

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 395,354 432,840

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 204,554 230,419

Coe & Co Fine Jewellery Limited (Registered number: 06413962)

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

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans and hire purchase 335,091 455,419

10. CALLED UP SHARE CAPITAL

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