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REGISTERED NUMBER: 07285047 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

RAMAN JEWELLERS LIMITED

RAMAN JEWELLERS LIMITED (REGISTERED NUMBER: 07285047)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RAMAN JEWELLERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTOR: R Kanda





SECRETARY: R Kanda





REGISTERED OFFICE: 114-116 Goodmayes Road
Ilford
London
IG3 9UZ





REGISTERED NUMBER: 07285047 (England and Wales)





ACCOUNTANTS: Ashfords Partnership LLP
114 - 116 Goodmayes Road
Ilford
Essex
IG3 9UZ

RAMAN JEWELLERS LIMITED (REGISTERED NUMBER: 07285047)

BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 395,178 395,178

CURRENT ASSETS
Stocks 5 552,311 552,311
Debtors 6 1,910,999 1,910,999
Cash at bank and in hand 288,090 288,090
2,751,400 2,751,400
CREDITORS
Amounts falling due within one year 7 192,433 192,433
NET CURRENT ASSETS 2,558,967 2,558,967
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,954,145

2,954,145

CREDITORS
Amounts falling due after more than one
year

8

93,248

93,248
NET ASSETS 2,860,897 2,860,897

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 2,860,797 2,860,797
SHAREHOLDERS' FUNDS 2,860,897 2,860,897

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 1 August 2025 and were signed by:




R Kanda - Director


RAMAN JEWELLERS LIMITED (REGISTERED NUMBER: 07285047)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

Raman Jewellers 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.

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.

3. EMPLOYEES AND DIRECTORS

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

RAMAN JEWELLERS LIMITED (REGISTERED NUMBER: 07285047)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


4. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 December 2023
and 30 November 2024 461,497 38,624 2,135 502,256
DEPRECIATION
At 1 December 2023
and 30 November 2024 80,729 24,972 1,377 107,078
NET BOOK VALUE
At 30 November 2024 380,768 13,652 758 395,178
At 30 November 2023 380,768 13,652 758 395,178

5. STOCKS
30.11.24 30.11.23
£    £   
Stocks 552,311 552,311

6. DEBTORS
30.11.24 30.11.23
£    £   
Amounts falling due within one year:
Trade debtors 1,862,777 1,887,188
Rent Deposit 13,671 13,671
Rent Deposit -BRC A/c-50371653 10,140 10,140
1,886,588 1,910,999

Amounts falling due after more than one year:
Raman Jewellers 24,411 -

Aggregate amounts 1,910,999 1,910,999

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 1 1
Tax 144,350 144,350
VAT 8,296 8,296
Rent Deposit 26,811 26,811
Directors' current accounts 1,181 1,181
Accrued expenses 11,794 11,794
192,433 192,433

RAMAN JEWELLERS LIMITED (REGISTERED NUMBER: 07285047)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans more 5 yr by instal 66,581 66,581
New Loan Barclay 26,667 26,667
93,248 93,248

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 66,581 66,581
New Loan Barclay 26,667 26,667
93,248 93,248

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 December 2023 2,860,797
Profit for the year -
At 30 November 2024 2,860,797