David Christopher Jewellers Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03808140 (England and Wales)

Unaudited Financial Statements

For The Year Ended 30 June 2025

for

David Christopher Jewellers Limited

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

D A Warr

M Warr

A D Warr

Mrs S.M Warr

REGISTERED OFFICE:

3 The Maltings

Ross-on-Wye

Herefordshire

HR9 7YB

REGISTERED NUMBER:

03808140 (England and Wales)

ACCOUNTANTS:

Kingscott Dix Limited

Chartered Accountants

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

BANKERS:

Santander

Bootle

Merseyside

L30 4GB

FIXED ASSETS

Investments

4

409,600

Investment property

5

1,738,381

1,634,061

2,147,981

2,043,661

CURRENT ASSETS

Debtors

224,958

1,114,987

Cash at bank

23,554

36,630

248,512

1,151,617

CREDITORS

Amounts falling due within one year

924,617

1,805,265

NET CURRENT LIABILITIES

(676,105

)

(653,648

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,471,876

1,390,013

PROVISIONS FOR LIABILITIES

22,944

-

NET ASSETS

1,448,932

1,390,013

CAPITAL AND RESERVES

Called up share capital

4,050

Share premium

405,000

Revaluation reserve

6

345,968

294,778

Capital redemption reserve

450

Retained earnings

693,464

685,735

SHAREHOLDERS' FUNDS

1,448,932

1,390,013

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 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 30 June 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 10 November 2025 and were signed on its behalf by:

M Warr - Director

A D Warr - Director

1.	STATUTORY INFORMATION

David Christopher 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors, bank loans and loans from fellow group companies are recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year. If not, they are presented as creditors falling due after more than one year. Trade creditors are recognised at transaction price.

Derecognition of financial liabilities

Financial liabilities are derecognised when, and only when, the company's obligations are discharged, cancelled, or they expire.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 July 2024

and 30 June 2025

409,600

NET BOOK VALUE

At 30 June 2025

409,600

At 30 June 2024

409,600

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

1,634,061

Additions

30,186

Revaluations

74,134

At 30 June 2025

1,738,381

NET BOOK VALUE

At 30 June 2025

1,738,381

At 30 June 2024

1,634,061

Fair value at 30 June 2025 is represented by:

£

Valuation in 2015

294,778

Valuation in 2025

74,134

Cost

1,369,469

1,738,381

The investment properties have valued at open market value by the directors.

6.

RESERVES

Revaluation

reserve

£

At 1 July 2024

294,778

Transfer between reserves

51,190

At 30 June 2025

345,968