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Amanda Coleman Jewellery Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Hornsby Accounts Ltd
Office Suite
6a Market Place
Brigg
North Lincolnshire
DN20 8HA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08948364
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,453 1,448
1,453 1,448
CURRENT ASSETS
Stocks 5 3,570 8,943
Debtors 6 8,321 5,906
Cash at bank and in hand 22,515 20,299
34,406 35,148
Creditors: Amounts Falling Due Within One Year 7 (18,849 ) (8,963 )
NET CURRENT ASSETS (LIABILITIES) 15,557 26,185
TOTAL ASSETS LESS CURRENT LIABILITIES 17,010 27,633
Creditors: Amounts Falling Due After More Than One Year 8 (9,817 ) (16,017 )
NET ASSETS 7,193 11,616
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 7,192 11,615
SHAREHOLDERS' FUNDS 7,193 11,616
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Amanda Drury
Director
8th December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Amanda Coleman Jewellery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08948364 . The registered office is Studio Cs5 The Terrace, Grantham Street, Lincoln, Lincolnshire, LN2 1BD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Reducing Balance
Fixtures & Fittings 10% Straight Line
Computer Equipment 33.3% Straight Line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 2)
3 2
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 3,303 2,702 9,805 15,810
Additions 240 - 273 513
As at 31 March 2025 3,543 2,702 10,078 16,323
Depreciation
As at 1 April 2024 2,252 2,533 9,577 14,362
Provided during the period 258 19 231 508
As at 31 March 2025 2,510 2,552 9,808 14,870
Net Book Value
As at 31 March 2025 1,033 150 270 1,453
As at 1 April 2024 1,051 169 228 1,448
5. Stocks
2025 2024
£ £
Stock 3,570 8,943
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 7,876 5,283
Prepayments and accrued income 445 -
Directors' loan accounts - 623
8,321 5,906
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (1 ) -
Corporation tax 4,356 867
Other taxes and social security 2,038 791
VAT 3,162 1,468
...CONTINUED
Page 4
Page 5
Other creditors 5,396 4,837
Accruals and deferred income 1,100 1,000
Directors' loan accounts 2,798 -
18,849 8,963
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 9,817 16,017
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
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