REGISTERED NUMBER: 06466704 (England and Wales)

Financial Statements for the Year Ended 31 October 2025

for

Clayton's Jewellers Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G M Clayton

Mrs J Clayton

Mr G P Clayton

Mr A G Clayton

SECRETARY:

Mr A G Clayton

REGISTERED OFFICE:

24A Cookson Street

Blackpool

Lancashire

FY1 3EF

REGISTERED NUMBER:

06466704 (England and Wales)

ACCOUNTANTS:

Ashworth Treasure Limited

Chartered Accountants

17-19 Park Street

Lytham

Lancashire

FY8 5LU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

90,776

98,470

90,776

98,470

CURRENT ASSETS

Stocks

1,590,422

1,328,367

Debtors

239,623

105,991

Cash at bank and in hand

24,505

57,207

1,854,550

1,491,565

CREDITORS

Amounts falling due within one year

385,705

284,339

NET CURRENT ASSETS

1,468,845

1,207,226

TOTAL ASSETS LESS CURRENT LIABILITIES

1,559,621

1,305,696

CREDITORS

Amounts falling due after more than one year

-

(9,196

)

PROVISIONS FOR LIABILITIES

(21,243

)

(19,801

)

NET ASSETS

1,538,378

1,276,699

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,538,278

1,276,599

SHAREHOLDERS' FUNDS

1,538,378

1,276,699

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

Mr G P Clayton - Director

1.	STATUTORY INFORMATION

Clayton's 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 ten 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

-

10% 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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

and 31 October 2025

100,000

AMORTISATION

At 1 November 2024

and 31 October 2025

100,000

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

131,130

Additions

3,151

At 31 October 2025

134,281

DEPRECIATION

At 1 November 2024

32,660

Charge for year

10,845

At 31 October 2025

43,505

NET BOOK VALUE

At 31 October 2025

90,776

At 31 October 2024

98,470

6.	SECURED DEBTS

The directors have provided personal guarantees of up to £95,000 to National Westminster Bank Plc as security for the overdraft facilities.

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

Mr G P Clayton

Balance outstanding at start of year

44,743

46,855

Amounts advanced

118,219

67,888

Amounts repaid

(45,000

)

(70,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

117,962

44,743

Mr A G Clayton

Balance outstanding at start of year

44,679

46,855

Amounts advanced

107,529

67,824

Amounts repaid

(45,000

)

(70,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

107,208

44,679

The total of directors' loan balances included in debtors is £225,170 (2024: £89,424), the total included in creditors is £6,336 (2024: £27,499). Interest is charged on overdrawn balance at the official rate.

8.	ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by A.G Clayton and G.P Clayton who are also directors of the company.