REGISTERED NUMBER: 05750852 (England and Wales)

BROWNS FAMILY JEWELLERS LIMITED

Strategic Report, Report of the Directors and

Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

4

to

7

Statement of Income and Retained Earnings

8

Balance Sheet

9

Cash Flow Statement

10

Notes to the Cash Flow Statement

11

Notes to the Financial Statements

12

to

18

DIRECTORS:

S H Brown

A Pugh

A E Brown

SECRETARY:

S H Brown

REGISTERED OFFICE:

2-8 Peel Street

Barnsley

South Yorkshire

S70 2QX

REGISTERED NUMBER:

05750852 (England and Wales)

AUDITORS:

Thomas Coombs Limited

Statutory Auditor

Chartered Accountants

3365 The Pentagon

Century Way

Thorpe Park

Leeds

West Yorkshire

LS15 8ZB

The directors present their strategic report for the year ended 31st March 2025.

REVIEW OF BUSINESS

Overall turnover was up 19% in 2024/25 compared to 2023/24. The gross profit margin was also up in 2024/25 at 46% compared to 45% in 2023/24. Net operating costs were 9% higher than the prior year. The company made an operating profit of £1,168,270 in 2024/25 compared to £655,741 in 2023/24.

There has been positive growth in jewellery retail sales in 2024/25, tempered by a decline in sales of second-hand luxury watches.

The company continued to review its operating costs with a view to ensuring the ongoing profitability of the business, particularly given challenging fiscal and economic headwinds. It has also continued to invest in staff training, digital marketing activity, retail premises upgrades and the expansion of its in-house repair and manufacturing capability.

The Directors have reviewed the company's profit and cashflow forecasts for the next 12 months and expect that the business will have sufficient resources to meet its obligations.

PRINCIPAL RISKS AND UNCERTAINTIES

In line with previous years, the principal risks and uncertainties are the effects of a downturn in trade associated with the economic climate, fluctuations in supply, price and availability of diamonds, gold and platinum and the ability to maintain and build relationships with luxury watch brands. The company continues to focus on providing customers with exceptional service and value for money.

In addition to the risks and uncertainties mentioned above, management continues to monitor the economic implications of the Ukraine and Middle East wars and the changing fiscal and economic environment.

KEY PERFORMANCE INDICATORS

The company uses key performance indicators to monitor performance. These includes sales, gross profit and profit/(loss) before tax as key measures of financial performance (as detailed on page 8, profit and loss account) and stock and cash at bank as key measures of financial position (as detailed on page 9, balance sheet).

ON BEHALF OF THE BOARD:

S H Brown - Director

3rd December 2025

The directors present their report with the financial statements of the company for the year ended 31st March 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of jewellery sales and pawnbroking.

DIVIDENDS

The total distribution of dividends for the year ended 31st March 2025 was £nil (2024: £nil)

DIRECTORS

The directors shown below have held office during the whole of the period from 1st April 2024 to the date of this report.

S H Brown

A Pugh

A E Brown

FINANCIAL INSTRUMENTS

The company's financial statements comprise of cash and liquid resources, pledge debtors, bank loans and various other items such as trade debtors and trade creditors that also arise directly from its operations.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Thomas Coombs Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

S H Brown - Director

3rd December 2025

Opinion

We have audited the financial statements of Browns Family Jewellers Limited (the 'company') for the year ended 31st March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31st March 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Based on our understanding of the entity and industries in which it operates, we identified the principal risks of non-compliance with laws and regulations related to data protection and employment law. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006, tax legislation and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

We assessed the susceptibility of the company's financial statements to material misstatement and how fraud might occur, including through discussions with the directors, discussions within our audit team planning meeting, updating our record of internal controls, and ensuring these controls operated as intended. We determined the principal risks were related to posting journal entries to manipulate profits, and management bias in accounting estimates, especially accruals, prepayments, accrued interest and depreciation.

To address the risk of fraud through management bias and override of controls, we:

- Performed analytical procedures to identify any unusual or unexpected relationships.

- Identified and tested journal entries and identified any significant transactions that were unusual or outside the normal course of business.

- Investigated the rationale behind significant or unusual transactions.

- Challenged assumptions and judgements made by management in determining significant accounting estimates, in particular in relation to accruals, prepayments, accrued interest and depreciation.

In response to the risk of irregularities and non]compliance with laws and regulations, we designed audit procedures which included, but were not limited to:

- Agreeing financial statements disclosures to underlying supporting documentation.

- Discussions with management of known or suspected instances of non]compliance with laws and regulations.

- Reviewing correspondence with HMRC, relevant regulators including the National Pawnbroking Association, FCA and the company's legal advisors.

At the completion stage of the audit, the engagement director's review included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud.

There are inherent limitations in the audit procedures described above and the further removed non-compliance of laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement relating to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Christopher Darwin (Senior Statutory Auditor)

for and on behalf of Thomas Coombs Limited

Statutory Auditor

Chartered Accountants

3365 The Pentagon

Century Way

Thorpe Park

Leeds

West Yorkshire

LS15 8ZB

3rd December 2025

TURNOVER

3

8,570,328

7,195,997

Cost of sales

4,611,978

3,960,878

GROSS PROFIT

3,958,350

3,235,119

Administrative expenses

2,815,080

2,594,378

1,143,270

640,741

Other operating income

25,000

15,000

OPERATING PROFIT

6

1,168,270

655,741

Interest receivable and similar income

228

-

1,168,498

655,741

Interest payable and similar expenses

7

-

17,457

PROFIT BEFORE TAXATION

1,168,498

638,284

Tax on profit

8

278,351

159,903

PROFIT FOR THE FINANCIAL YEAR

890,147

478,381

Retained earnings at beginning of year

4,694,982

4,216,601

RETAINED EARNINGS AT END OF YEAR

5,585,129

4,694,982

FIXED ASSETS

Intangible assets

9

-

-

Tangible assets

10

64,711

71,940

64,711

71,940

CURRENT ASSETS

Stocks

11

5,660,841

5,533,713

Debtors

12

1,621,847

1,424,586

Cash at bank and in hand

812,241

769,025

8,094,929

7,727,324

CREDITORS

Amounts falling due within one year

13

2,466,230

2,995,202

NET CURRENT ASSETS

5,628,699

4,732,122

TOTAL ASSETS LESS CURRENT LIABILITIES

5,693,410

4,804,062

PROVISIONS FOR LIABILITIES

15

8,281

9,080

NET ASSETS

5,685,129

4,794,982

CAPITAL AND RESERVES

Called up share capital

16

100,000

100,000

Retained earnings

17

5,585,129

4,694,982

SHAREHOLDERS' FUNDS

5,685,129

4,794,982

The financial statements were approved by the Board of Directors and authorised for issue on 3rd December 2025 and were signed on its behalf by:

S H Brown - Director

Cash flows from operating activities

Cash generated from operations

1

987,795

619,208

Tax paid

(146,826

)

(141,097

)

Net cash from operating activities

840,969

478,111

Cash flows from investing activities

Purchase of tangible fixed assets

(37,596

)

(47,454

)

Sale of tangible fixed assets

-

650

Interest received

228

-

Net cash from investing activities

(37,368

)

(46,804

)

Cash flows from financing activities

Loan repayments in year

-

(354,166

)

Interest paid in year

-

(17,457

)

Amount introduced by directors

2,661

95,298

Amount withdrawn by directors

(763,046

)

(67,417

)

Net cash from financing activities

(760,385

)

(343,742

)

Increase in cash and cash equivalents

43,216

87,565

Cash and cash equivalents at beginning of year

2

769,025

681,460

Cash and cash equivalents at end of year

2

812,241

769,025

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

2025

2024

£

£

Profit before taxation

1,168,498

638,284

Depreciation charges

44,825

51,005

Profit on disposal of fixed assets

-

(650

)

Finance costs

-

17,457

Finance income

(228

)

-

1,213,095

706,096

Increase in stocks

(127,128

)

(125,633

)

(Increase)/decrease in trade and other debtors

(197,261

)

47,619

Increase/(decrease) in trade and other creditors

99,089

(8,874

)

Cash generated from operations

987,795

619,208

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31st March 2025

31/3/25

1/4/24

£

£

Cash and cash equivalents

812,241

769,025

Year ended 31st March 2024

31/3/24

1/4/23

£

£

Cash and cash equivalents

769,025

681,460

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1/4/24

Cash flow

At 31/3/25

£

£

£

Net cash

Cash at bank and in hand

769,025

43,216

812,241

769,025

43,216

812,241

Total

769,025

43,216

812,241

1.	STATUTORY INFORMATION

Browns Family 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

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.

Revenue generated from interest charged on loans is recognised over time to the extent that there is a right to consideration.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Fixtures and fittings

25% straight line

Computers

25% straight line

Motor vehicles

25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash generating unit to which the asset belongs.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to net realisable value.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also 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 debtors, 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. Financial assets classified as receivable within one year are not amortised.

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 creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the income and retained earnings statement.

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.

Operating 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.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the company.

An analysis of turnover by class of business is given below:

2025

2024

£

£

Sales of goods

7,922,739

6,583,543

Pledge income

646,975

612,327

Other income

614

127

8,570,328

7,195,997

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

1,610,157

1,476,325

Social security costs

129,133

112,828

Other pension costs

64,667

57,308

1,803,957

1,646,461

The average number of employees during the year was as follows:

2025

2024

Directors

3

3

Employees

66

58

69

61

5.	DIRECTORS' EMOLUMENTS

2025

2024

£

£

Directors' remuneration

117,503

115,679

Directors' pension contributions to money purchase schemes

2,409

2,340

The number of directors to whom retirement benefits were accruing was as follows:

Money purchase schemes

1

1

6.	OPERATING PROFIT

The operating profit is stated after charging/(crediting):

2025

2024

£

£

Other operating leases

218,936

213,650

Depreciation - owned assets

44,825

51,005

Profit on disposal of fixed assets

-

(650

)

Auditors' remuneration

8,000

6,900

7.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Interest payable

-

17,457

8.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

2025

2024

£

£

Current tax:

UK corporation tax

295,826

163,734

Prior year tax over provision

(16,676

)

-

Total current tax

279,150

163,734

Deferred tax

(799

)

(3,831

)

Tax on profit

278,351

159,903

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

2025

2024

£

£

Profit before tax

1,168,498

638,284

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

292,125

159,571

Effects of:

Expenses not deductible for tax purposes

2,902

332

Adjustment to prior year

(16,676

)

-

Total tax charge

278,351

159,903

9.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

19,000

AMORTISATION

At 1st April 2024

and 31st March 2025

19,000

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

10.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1st April 2024

649,701

17,152

666,853

Additions

37,596

-

37,596

Disposals

(115,404

)

-

(115,404

)

At 31st March 2025

571,893

17,152

589,045

DEPRECIATION

At 1st April 2024

590,982

3,931

594,913

Charge for year

40,537

4,288

44,825

Eliminated on disposal

(115,404

)

-

(115,404

)

At 31st March 2025

516,115

8,219

524,334

NET BOOK VALUE

At 31st March 2025

55,778

8,933

64,711

At 31st March 2024

58,719

13,221

71,940

11.

STOCKS

2025

2024

£

£

Finished goods

5,660,841

5,533,713

12.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

139,299

121,300

Other debtors

63,198

55,125

Pledge debtors

1,407,921

1,228,071

Prepayments

11,429

20,090

1,621,847

1,424,586