Company Registration No. 01990327 (England and Wales)
Art Jewellers Limited
Unaudited accounts
for the year ended 31 March 2025
Art Jewellers Limited
Unaudited accounts
Contents
Art Jewellers Limited
Company Information
for the year ended 31 March 2025
Directors
Vinodrai Lakha
Hansa Lakha
Company Number
01990327 (England and Wales)
Registered Office
8 THE DRIVE
WEMBLEY
MIDDX
HA9 9EG
Accountants
RMR Partnership LLP
3rd Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
Art Jewellers Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,268,019
1,268,019
Investments
500,500
500,502
Debtors
1,139,031
1,104,750
Cash at bank and in hand
31,125
27,414
Creditors: amounts falling due within one year
(18,975)
(13,374)
Net current assets
1,151,181
1,118,790
Total assets less current liabilities
2,919,700
2,887,311
Creditors: amounts falling due after more than one year
(2,654,198)
(2,723,658)
Net assets
265,502
163,653
Called up share capital
2
2
Profit and loss account
265,500
163,651
Shareholders' funds
265,502
163,653
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by
Vinodrai Lakha
Director
Company Registration No. 01990327
Art Jewellers Limited
Notes to the Accounts
for the year ended 31 March 2025
Art Jewellers Limited is a private company, limited by shares, registered in England and Wales, registration number 01990327. The registered office is 8 THE DRIVE, WEMBLEY, MIDDX, HA9 9EG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Investments in shares are included at fair value.
4
Tangible fixed assets
Land & buildings
At 31 March 2025
1,268,019
At 31 March 2025
1,268,019
At 31 March 2024
1,268,019
Art Jewellers Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Investments
Other investments
Valuation at 1 April 2024
500,502
Valuation at 31 March 2025
500,500
Amounts falling due within one year
Other debtors
1,139,031
1,104,750
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
14,352
5,161
Other creditors
1,639
4,163
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
533,272
622,272
Loans from directors
2,120,926
2,101,386
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).