REGISTERED NUMBER: 00638274 (England and Wales)

ANDRA JEWELS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2024 TO 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N J Hobbis

G Caldicott

Mrs D L Hobbis

REGISTERED OFFICE:

Clive Avenue

Hastings

East Sussex

TN35 5LD

REGISTERED NUMBER:

00638274 (England and Wales)

ACCOUNTANTS:

Sephton & Company LLP

Chartered Certified Accountants

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

FIXED ASSETS

Intangible assets

4

105,877

111,450

Tangible assets

5

760,517

777,434

Investments

6

122,092

122,092

988,486

1,010,976

CURRENT ASSETS

Stocks

2,468,214

2,639,560

Debtors

7

914,910

441,945

Cash at bank and in hand

42,540

10,339

3,425,664

3,091,844

CREDITORS

Amounts falling due within one year

8

775,899

490,189

NET CURRENT ASSETS

2,649,765

2,601,655

TOTAL ASSETS LESS CURRENT LIABILITIES

3,638,251

3,612,631

PROVISIONS FOR LIABILITIES

45,082

37,388

NET ASSETS

3,593,169

3,575,243

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Revaluation reserve

248,466

248,466

Capital redemption reserve

60,000

60,000

Retained earnings

3,274,703

3,256,777

3,593,169

3,575,243

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

N J Hobbis - Director

1.	STATUTORY INFORMATION

Andra Jewels 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten 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.

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance

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 period 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 period 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 period was 49 (2024 - 53 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 31 December 2024

111,450

AMORTISATION

Charge for period

5,573

At 31 December 2024

5,573

NET BOOK VALUE

At 31 December 2024

105,877

At 30 June 2024

111,450

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 July 2024

and 31 December 2024

705,484

644,944

53,413

1,403,841

DEPRECIATION

At 1 July 2024

123,000

449,994

53,413

626,407

Charge for period

2,297

14,620

-

16,917

At 31 December 2024

125,297

464,614

53,413

643,324

NET BOOK VALUE

At 31 December 2024

580,187

180,330

-

760,517

At 30 June 2024

582,484

194,950

-

777,434

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2024

and 31 December 2024

122,092

NET BOOK VALUE

At 31 December 2024

122,092

At 30 June 2024

122,092

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

30/6/24

£

£

Trade debtors

864,631

354,745

Other debtors

50,279

87,200

914,910

441,945

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

30/6/24

£

£

Trade creditors

327,443

86,958

Taxation and social security

329,336

338,351

Other creditors

119,120

64,880

775,899

490,189