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Company Registration No. 13973756 (England and Wales)
Jeffs Jewellers Ltd Unaudited accounts for the year ended 28 February 2026
Jeffs 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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Jeffs Jewellers Ltd Company Information for the year ended 28 February 2026
Directors
Jeffrey Jones Craig Jones Bowen Michael Cartwright
Company Number
13973756 (England and Wales)
Registered Office
7 Hannah Street Porth CF39 9PU
Accountants
Evans Entwistle Venta House Maes-glas Newport NP20 2NS
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Jeffs Jewellers Ltd for the year ended 28 February 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Jeffs Jewellers Ltd for the year ended 28 February 2026 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Venta House Maes-glas Newport NP20 2NS 13 July 2026
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Jeffs Jewellers Ltd Statement of financial position as at 28 February 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
2,912
-
Current assets
Inventories
200,000
200,000
Cash at bank and in hand
28,095
7,169
228,095
207,169
Creditors: amounts falling due within one year
5
(42,340)
(50,367)
Net current assets
185,755
156,802
Total assets less current liabilities
188,667
156,802
Creditors: amounts falling due after more than one year
6
(116,169)
(60,640)
Provisions for liabilities
Deferred tax
7
(553)
-
Net assets
71,945
96,162
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
71,845
96,062
Shareholders' funds
71,945
96,162
For the year ending 28 February 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 13 July 2026 and were signed on its behalf by
Jeffrey Jones Director Company Registration No. 13973756
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Jeffs Jewellers Ltd Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
Jeffs Jewellers Ltd is a private company, limited by shares, registered in England and Wales, registration number 13973756. The registered office is 7 Hannah Street, Porth, CF39 9PU.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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
20% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Jeffs Jewellers Ltd Notes to the Accounts for the year ended 28 February 2026
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 March 2025
-
Additions
3,495
At 28 February 2026
3,495
Depreciation
Charge for the year
583
At 28 February 2026
583
Net book value
At 28 February 2026
2,912
5
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
21,094
18,357
Taxes and social security
15,169
30,710
Other creditors
4,191
-
Accruals
1,886
1,300
42,340
50,367
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Loans from directors
116,169
60,640
7
Deferred taxation
2026
2025
£
£
Accelerated capital allowances
553
-
2026
2025
£
£
Charged to the profit and loss account
553
-
Provision at end of year
553
-
8
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 6 (2025: 5).
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