REGISTERED NUMBER: 00825830 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

T.J.W. (DIAMONDS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S R Wright

Mr D J Wright

Mr W H J Wright

SECRETARY:

Mr D J Wright

REGISTERED OFFICE:

7 Hatton Garden

London

EC1N 8AD

REGISTERED NUMBER:

00825830 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

2nd Floor

Medway Bridge House

1-8 Fairmeadow

Maidstone

Kent

ME14 1JP

FIXED ASSETS

Investments

4

8,438

8,438

CURRENT ASSETS

Stocks

1,238,440

1,385,776

Debtors

5

267,109

230,070

Cash at bank

78,035

105,822

1,583,584

1,721,668

CREDITORS

Amounts falling due within one year

6

246,708

239,715

NET CURRENT ASSETS

1,336,876

1,481,953

TOTAL ASSETS LESS CURRENT LIABILITIES

1,345,314

1,490,391

CREDITORS

Amounts falling due after more than one year

7

2,000

2,000

NET ASSETS

1,343,314

1,488,391

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

1,342,814

1,487,891

1,343,314

1,488,391

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2026 and were signed on its behalf by:

Mr S R Wright - Director

Mr D J Wright - Director

1.	STATUTORY INFORMATION

T.J.W. (Diamonds) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the goods are collected by, or despatched to, customers.

Stocks

Stocks are stated at the lower of cost and estimated selling price.

Financial instruments

The company has elected to apply the recognition and measurement provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, and preference shares that are classified as debt, are recognised at transaction price.

Taxation

The tax expense represents the sum of the tax currently payable or receivable.

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

Cost

At 1 July 2024

and 30 June 2025

8,438

Net book value

At 30 June 2025

8,438

At 30 June 2024

8,438

The investment represents 78% of the 5% cumulative preference shares issued by B. K. T. (Rings) Limited, a company in which the directors have a similar controlling interest.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

227,079

227,788

Amounts owed by connected company

-

268

Other debtors

40,030

2,014

267,109

230,070

Other debtors includes a deferred tax asset of £40,000 (2024 - £nil)

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

32,831

11,849

Amounts owed to connected company

7,954

27,939

Taxation and social security

17,074

14,329

Other creditors

188,849

185,598

246,708

239,715

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

2,000

2,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Preference shares

2,000

2,000

Other creditors represent the 5% fixed non-cumulative preference shares. These are entitled to a return of capital in priority to ordinary shares on a winding up, but no entitlement to participate in surplus assets. The preference shares hold no voting rights.