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Company Registration No. 14139545 (England and Wales)
Frost City Jewellers Ltd Unaudited accounts for the year ended 31 May 2025
Frost City Jewellers Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Frost City Jewellers Ltd Company Information for the year ended 31 May 2025
Director
Mohamed Abdulkarim
Company Number
14139545 (England and Wales)
Registered Office
38a Meridian St Birmingham B5 5LS United Kingdom
Accountants
HDSM Accountants ltd 161 Simmons Drive Quinton Birmingham B32 1SP
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Frost City Jewellers Ltd Accountants' report
Accountants' report to the director of Frost City Jewellers Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 May 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 May 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
HDSM Accountants ltd 161 Simmons Drive Quinton Birmingham B32 1SP 13 February 2026
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Frost City Jewellers Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3,301
2,934
Current assets
Cash at bank and in hand
1,989
121
Creditors: amounts falling due within one year
5
(12,052)
908
Net current (liabilities)/assets
(10,063)
1,029
Total assets less current liabilities
(6,762)
3,963
Creditors: amounts falling due after more than one year
6
(30)
(30)
Net (liabilities)/assets
(6,792)
3,933
Capital and reserves
Called up share capital
1
1
Profit and loss account
(6,793)
3,932
Shareholders' funds
(6,792)
3,933
For the year ending 31 May 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 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 13 February 2026 and were signed on its behalf by
Mohamed Abdulkarim Director Company Registration No. 14139545
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Frost City Jewellers Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Frost City Jewellers Ltd is a private company, limited by shares, registered in England and Wales, registration number 14139545. The registered office is 38a Meridian St, Birmingham, B5 5LS, United Kingdom.
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
These financial statements for the year ended 31 May 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
25% RD
Fixtures & fittings
25% RD
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
2,718
2,498
5,216
Additions
1,467
-
1,467
At 31 May 2025
4,185
2,498
6,683
Depreciation
At 1 June 2024
1,189
1,093
2,282
Charge for the year
749
351
1,100
At 31 May 2025
1,938
1,444
3,382
Net book value
At 31 May 2025
2,247
1,054
3,301
At 31 May 2024
1,529
1,405
2,934
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Frost City Jewellers Ltd Notes to the Accounts for the year ended 31 May 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
388
-
Other creditors
2,032
-
Loans from directors
8,732
(1,658)
Accruals
900
750
12,052
(908)
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Taxes and social security
30
30
7
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Mohamed Abdulkarim
1,658
2,736
13,126
(8,732)
1,658
2,736
13,126
(8,732)
8
Average number of employees
During the year the average number of employees was 1 (2024: 0).
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