Company Registration No. 13973756 (England and Wales)
Jeffs Jewellers Ltd
Unaudited accounts
for the period from 29 February 2024 to 28 February 2025
Jeffs Jewellers Ltd
Unaudited accounts
Contents
Jeffs Jewellers Ltd
Company Information
for the period from 29 February 2024 to 28 February 2025
Directors
Jeffrey Jones
Craig Jones Bowen
Michael Cartwright
Company Number
13973756 (England and Wales)
Registered Office
7 Hannah Street
Porth
CF39 9PU
Accountants
Evans Entwistle
Villa House
7 Herbert Terrace
Penarth
Vale of Glamorgan
CF64 2AH
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Jeffs Jewellers Ltd
for the period from 29 February 2024 to 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Jeffs Jewellers Ltd for the period from 29 February 2024 to 28 February 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
Villa House
7 Herbert Terrace
Penarth
Vale of Glamorgan
CF64 2AH
18 September 2025
Jeffs Jewellers Ltd
Statement of financial position
as at 28 February 2025
Inventories
200,000
200,000
Cash at bank and in hand
7,169
-
Creditors: amounts falling due within one year
(50,367)
(33,335)
Net current assets
156,802
166,665
Total assets less current liabilities
156,802
166,665
Creditors: amounts falling due after more than one year
(60,640)
(110,606)
Called up share capital
100
3
Profit and loss account
96,062
56,056
Shareholders' funds
96,162
56,059
For the period ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by
Jeffrey Jones
Director
Company Registration No. 13973756
Jeffs Jewellers Ltd
Notes to the Accounts
for the period from 29 February 2024 to 28 February 2025
Jeffs Jewellers Ltd is a private company, limited by shares, registered in England and Wales, registration number 13973756. The registered office is 7 Hannah Street, Porth, CF39 9PU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
3
Shares issued during the period:
97 Ordinary shares of £1 each
97
5
Average number of employees
During the period the average number of employees was 5 (2024: 4).