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Company Registration No. 05930899 (England and Wales)
Jewelcity limited Unaudited accounts for the year ended 31 December 2024
Jewelcity limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Jewelcity limited Company Information for the year ended 31 December 2024
Director
D Xia
Company Number
05930899 (England and Wales)
Registered Office
Labs Atrium The Stables Market Chalk Farm Road London London NW1 8AH England
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Jewelcity limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
598,971 
324,812 
Debtors
5
1,552,949 
465,903 
Cash at bank and in hand
781,545 
161,679 
2,933,465 
952,394 
Creditors: amounts falling due within one year
6
(2,584,582)
(510,849)
Net current assets
348,883 
441,545 
Total assets less current liabilities
348,883 
441,545 
Creditors: amounts falling due after more than one year
7
(110,702)
(174,386)
Net assets
238,181 
267,159 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
237,181 
266,159 
Shareholders' funds
238,181 
267,159 
For the year ending 31 December 2024 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 director acknowledges his 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 and authorised for issue on 19 December 2025 and were signed on its behalf by
D Xia Director Company Registration No. 05930899
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Jewelcity limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Jewelcity limited is a private company, limited by shares, registered in England and Wales, registration number 05930899. The registered office is Labs Atrium, The Stables Market, Chalk Farm Road, London, London, NW1 8AH, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
15,011 
32,800 
47,811 
At 31 December 2024
15,011 
32,800 
47,811 
Depreciation
At 1 January 2024
15,011 
32,800 
47,811 
At 31 December 2024
15,011 
32,800 
47,811 
Net book value
At 31 December 2024
- 
- 
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
80,449 
112,136 
Amounts due from group undertakings etc.
1,466,974 
341,710 
Other debtors
5,526 
12,057 
1,552,949 
465,903 
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Jewelcity limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
10,984 
VAT
85,599 
15,596 
Trade creditors
201,406 
177,754 
Amounts owed to group undertakings and other participating interests
2,272,268 
237,320 
Taxes and social security
15,193 
65,695 
Loans from directors
6,616 
- 
Accruals
3,500 
3,500 
2,584,582 
510,849 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
110,702 
174,386 
8
Transactions with related parties
As at the year end Jewelcity Ltd has the following Debtor balances with related companies. Supamax Ltd £779,127 Supamax Europe SL £687,847 Total Amount £1,466,974 As at the year end Jewelcity Ltd has the following Creditor balances with related companies. Supamax Europe SL £1,264,327 FBH US £1,007,941 Total Amount £2,272,268
9
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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