LANCELOT JEWELS LTD

Company Registration Number:
08153524 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

LANCELOT JEWELS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

LANCELOT JEWELS LTD

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 354,285 5,356
Investments: 4 825,854 825,854
Total fixed assets: 1,180,139 831,210
Current assets
Stocks: 433,411 673,750
Debtors:   47,512 145,626
Cash at bank and in hand: 439,836 278,374
Total current assets: 920,759 1,097,750
Creditors: amounts falling due within one year:   (1,380,486) (1,202,128)
Net current assets (liabilities): (459,727) (104,378)
Total assets less current liabilities: 720,412 726,832
Creditors: amounts falling due after more than one year:   (14,167) (24,167)
Total net assets (liabilities): 706,245 702,665
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 706,145 702,565
Shareholders funds: 706,245 702,665

The notes form part of these financial statements

LANCELOT JEWELS LTD

Balance sheet statements

For the year ending 31 December 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 December 2025
and signed on behalf of the board by:

Name: Mr. L Hagan
Status: Director

The notes form part of these financial statements

LANCELOT JEWELS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LANCELOT JEWELS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

LANCELOT JEWELS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 14,172
Additions 350,000
At 31 December 2024 364,172
Depreciation
At 01 January 2024 8,816
Charge for year 1,071
At 31 December 2024 9,887
Net book value
At 31 December 2024 354,285
At 31 December 2023 5,356

LANCELOT JEWELS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Investment property