REGISTERED NUMBER: 12690211 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

ELEMENT JEWELLERY (HB) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Coup

Mrs D R George-Coup

REGISTERED OFFICE:

25 Market Street

Hebden bridge

West Yorkshire

HX76EU

REGISTERED NUMBER:

12690211 (England and Wales)

ACCOUNTANTS:

Cresswells

12 Market Street

Hebden Bridge

West Yorkshire

HX7 6AD

FIXED ASSETS

Intangible assets

4

-

18,304

Tangible assets

5

81,761

77,380

Investment property

6

96,405

96,405

178,166

192,089

CURRENT ASSETS

Stocks

-

50,000

Debtors

7

25,035

47,088

Cash at bank and in hand

4,090

6,279

29,125

103,367

CREDITORS

Amounts falling due within one year

8

106,552

185,183

NET CURRENT LIABILITIES

(77,427

)

(81,816

)

TOTAL ASSETS LESS CURRENT LIABILITIES

100,739

110,273

CREDITORS

Amounts falling due after more than one year

9

52,332

57,559

NET ASSETS

48,407

52,714

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

48,397

52,704

SHAREHOLDERS' FUNDS

48,407

52,714

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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 9th December 2025 and were signed on its behalf by:

M A Coup - Director

1.	STATUTORY INFORMATION

Element Jewellery (HB) Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

over 4 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

30,506

Disposals

(30,506

)

At 31st March 2025

-

AMORTISATION

At 1st April 2024

12,202

Eliminated on disposal

(12,202

)

At 31st March 2025

-

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

18,304

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

79,774

Additions

5,620

Disposals

(3,633

)

At 31st March 2025

81,761

DEPRECIATION

At 1st April 2024

2,394

Eliminated on disposal

(2,394

)

At 31st March 2025

-

NET BOOK VALUE

At 31st March 2025

81,761

At 31st March 2024

77,380

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

96,405

NET BOOK VALUE

At 31st March 2025

96,405

At 31st March 2024

96,405

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

14,584

Other debtors

25,035

32,504

25,035

47,088

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,592

5,592

Trade creditors

831

15,933

Taxation and social security

-

6,341

Other creditors

100,129

157,317

106,552

185,183

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

52,332

57,559