REGISTERED NUMBER: 06344319 (England and Wales)

Financial Statements for the Year Ended 31 August 2025

for

Shelina Jewellers Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R Lubin

REGISTERED OFFICE:

3 Oldchurch Road

Chingford

London

E4 6SJ

REGISTERED NUMBER:

06344319 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Intangible assets

4

10,700

16,050

Tangible assets

5

258

304

10,958

16,354

CURRENT ASSETS

Stocks

50,000

60,021

Debtors

6

8,352

10,775

Cash at bank

50,383

29,182

108,735

99,978

CREDITORS

Amounts falling due within one year

7

115,840

107,364

NET CURRENT LIABILITIES

(7,105

)

(7,386

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,853

8,968

CREDITORS

Amounts falling due after more than one year

8

3,627

18,136

NET ASSETS/(LIABILITIES)

226

(9,168

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

224

(9,170

)

SHAREHOLDERS' FUNDS

226

(9,168

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 May 2026 and were signed by:

Mr R Lubin - Director

1.	STATUTORY INFORMATION

Shelina Jewellers 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, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Going concern

The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it, and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

107,000

AMORTISATION

At 1 September 2024

90,950

Amortisation for year

5,350

At 31 August 2025

96,300

NET BOOK VALUE

At 31 August 2025

10,700

At 31 August 2024

16,050

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 September 2024

and 31 August 2025

3,000

DEPRECIATION

At 1 September 2024

2,696

Charge for year

46

At 31 August 2025

2,742

NET BOOK VALUE

At 31 August 2025

258

At 31 August 2024

304

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Other debtors

8,352

10,775

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

14,509

14,509

Trade creditors

20,467

6,337

Taxation and social security

13,351

14,361

Other creditors

67,513

72,157

115,840

107,364

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

3,627

18,136

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

Mr R Lubin

Balance outstanding at start of year

-

48,349

Amounts repaid

-

(48,349

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

10.	RELATED PARTY DISCLOSURES

Mr R Lubin is deemed to be the key management personnel.