REGISTERED NUMBER: 01425912 (England and Wales)

Unaudited Financial Statements

for the Year Ended

30 June 2025

for

Bicknells Jewellers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A P Bicknell

REGISTERED OFFICE:

12 Vyse Street

Hockley

Birmingham

West Midlands

B18 6LE

REGISTERED NUMBER:

01425912 (England and Wales)

ACCOUNTANTS:

DJH Halesowen Limited

Church Court

Stourbridge Road

Halesowen

West Midlands

B63 3TT

FIXED ASSETS

Tangible assets

4

78,037

90,026

CURRENT ASSETS

Stocks

688,724

739,868

Debtors

5

17,003

18,649

Cash at bank and in hand

36,381

51,381

742,108

809,898

CREDITORS

Amounts falling due within one year

6

626,570

680,834

NET CURRENT ASSETS

115,538

129,064

TOTAL ASSETS LESS CURRENT LIABILITIES

193,575

219,090

CREDITORS

Amounts falling due after more than one year

7

(18,894

)

(94,015

)

PROVISIONS FOR LIABILITIES

(19,500

)

(22,500

)

NET ASSETS

155,181

102,575

CAPITAL AND RESERVES

Called up share capital

50

50

Capital redemption reserve

50

50

Retained earnings

155,081

102,475

SHAREHOLDERS' FUNDS

155,181

102,575

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

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

A P Bicknell - Director

1.	STATUTORY INFORMATION

Bicknells 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.

Long leasehold

-

20% on reducing balance

Plant and machinery

-

25% on cost and 20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% 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

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 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Long

Plant and

Motor

Computer

leasehold

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 July 2024

129,649

332,003

72,995

12,646

547,293

Additions

-

9,139

-

-

9,139

At 30 June 2025

129,649

341,142

72,995

12,646

556,432

DEPRECIATION

At 1 July 2024

125,711

298,729

22,385

10,442

457,267

Charge for year

756

8,460

10,128

1,784

21,128

At 30 June 2025

126,467

307,189

32,513

12,226

478,395

NET BOOK VALUE

At 30 June 2025

3,182

33,953

40,482

420

78,037

At 30 June 2024

3,938

33,274

50,610

2,204

90,026

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

8,500

10,400

Prepayments

8,503

8,249

17,003

18,649

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

67,241

130,841

Hire purchase contracts

13,330

13,340

Trade creditors

353,362

312,604

Tax

22,765

22,012

Social security and other taxes

54,517

26,878

Other creditors

4,556

69,978

Directors' current accounts

106,341

100,677

Accruals and deferred income

4,458

4,504

626,570

680,834

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

61,802

Hire purchase contracts

18,894

32,213

18,894

94,015

8.	RELATED PARTY DISCLOSURES

Included in creditors is an amount due to the director of £106,341 (2024: £100,677).