IRIS Accounts Production v26.2.0.494 02703752 Board of Directors 1.3.25 28.2.26 28.2.26 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02703752 2025-02-28 02703752 2026-02-28 02703752 2025-03-01 2026-02-28 02703752 2024-02-29 02703752 2024-03-01 2025-02-28 02703752 2025-02-28 02703752 ns15:EnglandWales 2025-03-01 2026-02-28 02703752 ns14:PoundSterling 2025-03-01 2026-02-28 02703752 ns10:Director1 2025-03-01 2026-02-28 02703752 ns10:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 02703752 ns10:SmallEntities 2025-03-01 2026-02-28 02703752 ns10:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 02703752 ns10:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 02703752 ns10:FullAccounts 2025-03-01 2026-02-28 02703752 1 2025-03-01 2026-02-28 02703752 ns10:Director2 2025-03-01 2026-02-28 02703752 ns10:RegisteredOffice 2025-03-01 2026-02-28 02703752 ns5:CurrentFinancialInstruments 2026-02-28 02703752 ns5:CurrentFinancialInstruments 2025-02-28 02703752 ns5:Non-currentFinancialInstruments 2026-02-28 02703752 ns5:Non-currentFinancialInstruments 2025-02-28 02703752 ns5:ShareCapital 2026-02-28 02703752 ns5:ShareCapital 2025-02-28 02703752 ns5:RetainedEarningsAccumulatedLosses 2026-02-28 02703752 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 02703752 ns5:IntangibleAssetsOtherThanGoodwill 2025-03-01 2026-02-28 02703752 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2025-03-01 2026-02-28 02703752 ns5:PlantMachinery 2025-03-01 2026-02-28 02703752 ns5:FurnitureFittings 2025-03-01 2026-02-28 02703752 ns5:ComputerEquipment 2025-03-01 2026-02-28 02703752 ns5:NetGoodwill 2025-02-28 02703752 ns5:NetGoodwill 2026-02-28 02703752 ns5:NetGoodwill 2025-02-28 02703752 ns5:LandBuildings 2025-02-28 02703752 ns5:PlantMachinery 2025-02-28 02703752 ns5:FurnitureFittings 2025-02-28 02703752 ns5:ComputerEquipment 2025-02-28 02703752 ns5:LandBuildings 2025-03-01 2026-02-28 02703752 ns5:LandBuildings 2026-02-28 02703752 ns5:PlantMachinery 2026-02-28 02703752 ns5:FurnitureFittings 2026-02-28 02703752 ns5:ComputerEquipment 2026-02-28 02703752 ns5:LandBuildings 2025-02-28 02703752 ns5:PlantMachinery 2025-02-28 02703752 ns5:FurnitureFittings 2025-02-28 02703752 ns5:ComputerEquipment 2025-02-28 02703752 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-02-28 02703752 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-02-28 02703752 ns5:WithinOneYear 2026-02-28 02703752 ns5:WithinOneYear 2025-02-28

REGISTERED NUMBER: 02703752 (England and Wales)

Unaudited Financial Statements |

for the Year Ended 28 February 2026 |

for |

Jewellery World Limited |

| Jewellery World Limited (Registered number: 02703752) |

Contents of the Financial Statements

for the Year Ended 28 February 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Jewellery World Limited |

Company Information

for the Year Ended 28 February 2026

| DIRECTORS: | S A Nevitt

| Mrs D S Geller

| REGISTERED OFFICE: | Reedham House

| 31 King Street West

| Manchester

| Greater Manchester

| M3 2PJ

| REGISTERED NUMBER: | 02703752 (England and Wales)

| ACCOUNTANTS: | Freedman Frankl & Taylor

| Chartered Accountants

| Reedham House

| 31 King Street West

| Manchester

| M3 2PJ

| Jewellery World Limited (Registered number: 02703752) |

Balance Sheet

28 February 2026

| 2026 |  | 2025

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 245,151 |  | 261,591 |  |

245,151 |  | 261,591 |  |

CURRENT ASSETS

Stocks | 6 | 671,278 |  | 807,265 |  |

Debtors | 7 | 23,544 |  | 20,187 |  |

Cash at bank and in hand | 25,937 |  | 53,777 |  |

720,759 |  | 881,229 |  |

CREDITORS

Amounts falling due within one year | 8 | (201,678 | ) | (168,237 | ) |

NET CURRENT ASSETS | 519,081 |  | 712,992 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 764,232 |  | 974,583 |  |

CREDITORS

Amounts falling due after more than one year | 9 | - |  | (2,500 | ) |

PROVISIONS FOR LIABILITIES | - |  | (11,178 | ) |

NET ASSETS | 764,232 |  | 960,905 |  |

CAPITAL AND RESERVES

Called up share capital | 301,000 |  | 301,000 |  |

Retained earnings | 463,232 |  | 659,905 |  |

SHAREHOLDERS' FUNDS | 764,232 |  | 960,905 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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.

| Jewellery World Limited (Registered number: 02703752) |

Balance Sheet - continued

28 February 2026

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 13 August 2026 and were signed on its behalf by:

Mrs D S Geller - Director

| Jewellery World Limited (Registered number: 02703752) |

Notes to the Financial Statements

for the Year Ended 28 February 2026

1. | STATUTORY INFORMATION

| Jewellery World 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

| Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

| Interest income

| Interest income is recognised in the statement of comprehensive income using the effective interest method.

| 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.

| Freehold property | - | 2% on cost

| Plant and machinery | - | 20% on cost

| Fixtures and fittings | - | 15% on reducing balance

| Computer equipment | - | 20% on cost

| Tangible fixed assets are recorded at cost less accumulated depreciation and accumulated impairment losses.

| 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 Statement of Income and Retained Earnings, 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.

| Jewellery World Limited (Registered number: 02703752) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

2. | ACCOUNTING POLICIES - continued

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Going concern

| The company's financial statements for the year ended 28 February 2026 have been prepared on a going concern basis as, after making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 19 (2025 - 25 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 March 2025

| and 28 February 2026 | 512,344 |  |

| AMORTISATION

| At 1 March 2025

| and 28 February 2026 | 512,344 |  |

| NET BOOK VALUE

| At 28 February 2026 | - |  |

| At 28 February 2025 | - |  |

| Jewellery World Limited (Registered number: 02703752) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Freehold |  | Plant and |  | and |  | Computer |

| property |  | machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 March 2025 | 444,168 |  | 625 |  | 259,363 |  | 135,992 |  | 840,148 |  |

| Additions | - |  | - |  | - |  | 7,272 |  | 7,272 |  |

| At 28 February 2026 | 444,168 |  | 625 |  | 259,363 |  | 143,264 |  | 847,420 |  |

| DEPRECIATION

| At 1 March 2025 | 228,732 |  | 625 |  | 243,884 |  | 105,316 |  | 578,557 |  |

| Charge for year | 8,884 |  | - |  | 2,322 |  | 12,506 |  | 23,712 |  |

| At 28 February 2026 | 237,616 |  | 625 |  | 246,206 |  | 117,822 |  | 602,269 |  |

| NET BOOK VALUE

| At 28 February 2026 | 206,552 |  | - |  | 13,157 |  | 25,442 |  | 245,151 |  |

| At 28 February 2025 | 215,436 |  | - |  | 15,479 |  | 30,676 |  | 261,591 |  |

6. | STOCKS

2026 | 2025 |

£ | £ |

| Goods for resale | 671,278 |  | 807,265 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade debtors | 12,932 |  | 11,486 |  |

| Other debtors | 10,612 |  | 8,701 |  |

23,544 |  | 20,187 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans and overdrafts | 3,334 |  | 10,000 |  |

| Trade creditors | 17,353 |  | 28,984 |  |

| Taxation and social security | 62,926 |  | 80,543 |  |

| Other creditors | 118,065 |  | 48,710 |  |

201,678 |  | 168,237 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans | - |  | 2,500 |  |

| Jewellery World Limited (Registered number: 02703752) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

10. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2026 | 2025 |

£ | £ |

| Within one year | - |  | 1,500 |  |

11. | RELATED PARTY DISCLOSURES

| At 28 February 2026, other creditors included £62,347 (2025: £7,352) in respect of the directors' current accounts. The balances are interest free and payable on demand.

| At 28 February 2026, other creditors included a balance of £39,600 (2025: £48,000) due to a company related through common control.