Registration number: 08402049

J & R Jewellery Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

J & R Jewellery Limited

Company Information

Directors

Mrs C L Cain Mr E Cain

Company secretary

Mrs C L Cain

Registered office

43 High Street Ringwood Hampshire BH24 1AD

Accountants

Wilkinsons Accountants Limited Chartered Certified Accountants The Old Exchange 521 Wimborne Road East Ferndown Dorset BH22 9NH

J & R Jewellery Limited

(Registration number: 08402049)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	2,704	2,829
Current assets
Stocks	6	122,419	115,926
Debtors	7	21,142	26,799
Cash at bank and in hand		158,475	146,156
		302,036	288,881
Creditors: Amounts falling due within one year	8	(69,894)	(53,019)
Net current assets		232,142	235,862
Total assets less current liabilities		234,846	238,691
Provisions for liabilities		(676)	(707)
Net assets		234,170	237,984
Capital and reserves
Called up share capital		100	100
Retained earnings		234,070	237,884
Shareholders' funds		234,170	237,984

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 November 2025 and signed on its behalf by:
 

......................................... Mrs C L Cain Company secretary and director

J & R Jewellery Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
43 High Street
Ringwood
Hampshire
BH24 1AD
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity, and rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

J & R Jewellery Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

2	Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% straight line
Office equipment	25% straight line
Fixtures and fittings	15% straight line

Goodwill

Goodwill on the acquisition of the trade is amortised over its expected useful life of ten years.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10 Years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

J & R Jewellery Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Intangible assets

	Goodwill  £	Intellectual property rights  £	Total £
Cost or valuation
At 1 April 2024	104,000	5	104,005
At 31 March 2025	104,000	5	104,005
Amortisation
At 1 April 2024	104,000	5	104,005
At 31 March 2025	104,000	5	104,005
Carrying amount
At 31 March 2025	-	-	-

5	Tangible assets

	Office equipment  £	Fixtures and fittings  £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2024	1,501	16,347	5,836	23,684
Additions	778	-	-	778
Disposals	(79)	-	-	(79)
At 31 March 2025	2,200	16,347	5,836	24,383
Depreciation
At 1 April 2024	980	15,642	4,233	20,855
Charge for the year	268	243	350	861
Eliminated on disposal	(37)	-	-	(37)
At 31 March 2025	1,211	15,885	4,583	21,679
Carrying amount
At 31 March 2025	989	462	1,253	2,704
At 31 March 2024	521	705	1,603	2,829

6

Stocks

	2025 £	2024 £
Stocks	122,419	115,926

J & R Jewellery Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Debtors

	2025 £	2024 £
Trade debtors	14,447	20,178
Prepayments	6,695	6,621
	21,142	26,799

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	11,686	10,153
Other taxes and social security	12,399	10,906
Taxation	43,789	30,460
Accruals and deferred income	1,347	1,236
Other creditors	673	264
	69,894	53,019