L Platt Jewellers Ltd

L Platt Jewellers Ltd
Statement of Financial Position
As at 30 April 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	6,845	7,977
		6,845	7,977
Current assets
Stocks		250,638	197,062
Debtors		146,191	181,339
Cash at bank and in hand		73,934	45,614
		470,763	424,015
Creditors: amount falling due within one year		(77,538)	(71,077)
Net current assets		393,225	352,938

Total assets less current liabilities		400,070	360,915
Creditors: amount falling due after more than one year		(234)	(10,883)
Provisions for liabilities		(109)	(67)
Net assets		399,727	349,965

Capital and reserves
Called up share capital		100	100
Share premium account		235,186	235,186
Profit and loss account		164,441	114,679
Shareholders' funds		399,727	349,965

For the year ended 30 April 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 11 December 2025 and were signed on its behalf by:

-------------------------------
Kathleen Sobieraj
Director

L Platt Jewellers Ltd
Notes to the Abridged Financial Statements
For the year ended 30 April 2025

General Information

L Platt Jewellers Ltd is a private company, limited by shares, registered in England & Northern Ireland, registration number 06891989, registration address Unit 1.7 Middleton Shopping Centre, Middleton, Greater Manchester, M24 4EL.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

15 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 5 (2024 : 5).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 May 2024	66	35,935	4,961	40,962
Additions	-	-	557	557
Disposals	-	-	-	-
At 30 April 2025	66	35,935	5,518	41,519
Depreciation
At 01 May 2024	19	31,900	1,066	32,985
Charge for year	12	565	1,112	1,689
On disposals	-	-	-	-
At 30 April 2025	31	32,465	2,178	34,674
Net book values
Closing balance as at 30 April 2025	35	3,470	3,340	6,845
Opening balance as at 01 May 2024	47	4,035	3,895	7,977

Registered Number: 06891989
England & Northern Ireland
L PLATT JEWELLERS LTD

Abridged Accounts

Period of accounts Start date: 01 May 2024 End date: 30 April 2025