W. Truman Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 01097111

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	19,670		21,802
Debtors	5	6,599		9,503
Cash at bank and in hand		91,015		104,332

		117,284		135,637
Creditors: Amounts Falling Due Within One Year	7	(9,007 )		(9,453 )

NET CURRENT ASSETS (LIABILITIES)			108,277		126,184

TOTAL ASSETS LESS CURRENT LIABILITIES			108,277		126,184

NET ASSETS			108,277		126,184

CAPITAL AND RESERVES
Called up share capital	8		68,000		68,000
Profit and Loss Account			40,277		58,184

SHAREHOLDERS' FUNDS			108,277		126,184

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W. Truman Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr E B Truman Director	Mrs J G Truman Director
17 August 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

W. Truman Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01097111 . The registered office is C/O Mcphersons Walpole Harding, Citibase Brighton, 95 Ditchling Road, Brighton, East Sussex, BN1 4ST.

2. Accounting Policies

2.1. Basis of Preparation of 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.

The presentation currency is £GBP.

2.2. Going Concern Disclosure

The company has restructured its affairs and reduced costs and overheads. Accordingly, the directors have considered the foreseeable future and consider that the comapny is able to continue as a going concern in that period and the accounts are therefore preopared on the going concern basis.

2.3. Turnover

The turnover shown in the profit & loss account represents amounts received and receivable from the sale of jewellery, pearls and precious stones during the year, exclusive of Value Added Tax or any similar taxes levied on foreign sales.

Revenue recognition

Revenue is recognised when invoiced goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Where items are sold directly to customers, revenues are recognised at the point of sale.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	In accordance with the lease
Plant & Machinery	20% & 10% on the straight line basis.

2.5. Stocks and Work in Progress

i) Purchased articles of jewellery

Stocks are stated at the lower of cost and estimated selling price less costs to sell.

ii) Loose stones & manufactured jewellery

Loose stones & manufactured jewellery are stated at the lower of the managing director's best estimate as to the costs and the estimated selling price after taking into accounts costs to sell.

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W. Truman Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Financial Instruments

Basic financial instruments are recognised at transaction price, less any impairment, with changes recognised in profit or loss.

Basic financial instruments used by the company include cash and bank deposits, trade debtors and trade creditors.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Stocks

	2025	2024
	£	£
Stock	19,670	21,802

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	5,816	8,488
Other debtors	783	1,015

	6,599	9,503

6. Current Asset Investments

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	6,704	5,604
Taxation and social security	2,303	3,849

	9,007	9,453

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	68,000	68,000

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