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Registered number: 07177399
ALEKS JEWELLERS LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Prepared By:
McMillan Rose & Co Ltd
Chartered Certified Accountants
Haltgate House
52a Hullbridge Road
South Woodham Ferrrers
Essex
CM3 5NH
ALEKS JEWELLERS LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
DIRECTORS
A Phillips
Mrs S A Phillips
Mr R Phillips
REGISTERED OFFICE
40 London Road
Norwich
Norfolk
NR2 1LD
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07177399
ACCOUNTANTS
McMillan Rose & Co Ltd
Chartered Certified Accountants
Haltgate House
52a Hullbridge Road
South Woodham Ferrrers
Essex
CM3 5NH
ALEKS JEWELLERS LIMITED
ACCOUNTS
FOR THEYEARENDED31 MARCH 2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
ALEKS JEWELLERS LIMITED
BALANCE SHEET AT 31 March 2025
20252024
Notes££
FIXED ASSETS
Intangible assets37,68410,246
Tangible assets423,11414,171
30,79824,417
CURRENT ASSETS
Stock997,060938,294
Debtors6190,496194,462
Cash at bank and in hand866,8671,160,739
2,054,4232,293,495
CREDITORS: Amounts falling due within one year7228,057128,399
NET CURRENT ASSETS1,826,3662,165,096
TOTAL ASSETS LESS CURRENT LIABILITIES1,857,1642,189,513
PROVISIONS FOR LIABILITIES AND CHARGES84,3912,691
NET ASSETS1,852,7732,186,822
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account1,852,6732,186,722
SHAREHOLDERS' FUNDS1,852,7732,186,822
ALEKS JEWELLERS LIMITED
BALANCE SHEET AT 31 March 2025
For the year ending 31 March 2025 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 16 December 2025 and signed on their behalf by
.............................
A Phillips
Director
.............................
Mrs S A Phillips
Director
ALEKS JEWELLERS LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Fixtures and Fittingsreducing balance 25%
Equipmentreducing balance 25%
1c. Intangible Assets
Website expenditure is capitalised and amortised using the reducing balance method at 25%.
1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1e. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1f. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life of five years.
ALEKS JEWELLERS LIMITED
1g. Leasing Commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.
2. EMPLOYEES
20252024
No.No.
Average number of employees88
3. INTANGIBLE FIXED ASSETS
DevelopmentPurchased
CostsGoodwillTotal
£££
Cost
At 1 April 202416,57430,00046,574
At 31 March 202516,57430,00046,574
Depreciation
At 1 April 20246,32830,00036,328
For the year2,562-2,562
At 31 March 20258,89030,00038,890
Net Book Amounts
At 31 March 20257,684-7,684
At 31 March 202410,246-10,246
ALEKS JEWELLERS LIMITED
4. TANGIBLE FIXED ASSETS
Plant and
Machinery Etc.Total
££
Cost
At 1 April 202486,13486,134
Additions16,64716,647
At 31 March 2025102,781102,781
Depreciation
At 1 April 202471,96371,963
For the year7,7047,704
At 31 March 202579,66779,667
Net Book Amounts
At 31 March 202523,11423,114
At 31 March 202414,17114,171
5. STOCK 20252024
££
Stock comprises:
Stock of finished goods997,060938,294
997,060938,294
6. DEBTORS 20252024
££
Amounts falling due within one year:
Trade debtors419-
Other debtors190,077194,462
190,496194,462
The company is owed £163,812 from its holding company.
ALEKS JEWELLERS LIMITED
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Trade creditors66,51745,878
Taxation and social security128,64755,302
Other creditors32,89327,219
228,057128,399
8. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation4,3912,691
4,3912,691
9. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
10. OTHER FINANCIAL COMMITMENTS
At 31 March 2025 the company was committed to making the following total payments, spread over the period to 31st October 2024, under non-cancellable operating leases:
20252024
££
Operating leases30,00030,000