S & E Goldsmiths Limited

S & E Goldsmiths Limited
Directors' Report
For the year ended 31 March 2025

Director's report and financial statements

The directors present their annual report and the financial statements for the year ended 31 March 2025.

Principal activities

The principal activity of the company during the financial year was that of the provision of jewellery retail and repair.

Directors

The directors who served the company throughout the year were as follows:

Angela Jane Shelbourne

Robert Martin Evans

Stephen Mason Shelbourne

Statement of directors' responsibilities

The directors are responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

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 judgments 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 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. The directors 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.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:

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Angela Jane Shelbourne
Director

Date approved: 02 December 2025

S & E Goldsmiths Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	4	2,143	1,211
		2,143	1,211
Current assets
Stocks	5	238,832	226,135
Debtors: amounts falling due within one year	6	21,843	23,652
Cash at bank and in hand		(17,220)	2,742
		243,455	252,529
Creditors: amount falling due within one year	7	(228,399)	(224,842)
Net current assets		15,056	27,687

Total assets less current liabilities		17,199	28,898
Creditors: amount falling due after more than one year	8	(2,500)	(12,500)
Provisions for liabilities	9	(209)	11
Net assets		14,490	16,409

Capital and reserves
Called up share capital		3	3
Profit and loss account		14,487	16,406
Shareholders' funds		14,490	16,409

For the year ended 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.
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 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 02 December 2025 and were signed on its behalf by:

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Angela Jane Shelbourne
Director

S & E Goldsmiths Limited
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

S & E Goldsmiths Limited is a private company, limited by shares, registered in England and Wales, registration number 04469377, registration address 8 St Johns Square, Grange Precinct, Birkenhead, CH41 2XU.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

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

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.

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:

Land and Buildings	5% Straight Line
Plant and Machinery	25% Straight Line
Motor Vehicles	25% Straight Line
Fixtures and Fittings	15% Straight Line
Computer Equipment	25% Straight Line

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 12 (2024 : 13).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 April 2024	240,000	240,000
Additions	-	-
Disposals	-	-
At 31 March 2025	240,000	240,000
Amortisation
At 01 April 2024	240,000	240,000
Charge for year	-	-
On disposals	-	-
At 31 March 2025	240,000	240,000
Net book values
At 31 March 2025	-	-
At 31 March 2024	-	-

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£	£
At 01 April 2024	108,986	31,459	274	157,062	82,800	380,581
Additions	-	-	-	-	2,450	2,450
Disposals	-	-	-	-	-	-
At 31 March 2025	108,986	31,459	274	157,062	85,250	383,031
Depreciation
At 01 April 2024	108,986	31,459	274	157,062	81,589	379,370
Charge for year	-	-	-	-	1,518	1,518
On disposals	-	-	-	-	-	-
At 31 March 2025	108,986	31,459	274	157,062	83,107	380,888
Net book values
Closing balance as at 31 March 2025	-	-	-	-	2,143	2,143
Opening balance as at 01 April 2024	-	-	-	-	1,211	1,211

Stocks

	2025 £		2024 £
Stocks	238,832		226,135
	238,832		226,135

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	5,294	10,319
Other Debtors	16,549	13,333
	21,843	23,652

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	34,733	45,565
Bank Loans & Overdrafts	12,100	12,280
Taxation and Social Security	23,200	20,630
Other Creditors	158,366	146,367
	228,399	224,842

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	2,500		12,500
	2,500		12,500

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	209		(11)
	209		(11)

Registered Number: 04469377
England and Wales
S & E GOLDSMITHS LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025