Company registration number 08307303 (England and Wales)
MARGOT JEWELLERY LONDON LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
MARGOT JEWELLERY LONDON LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
MARGOT JEWELLERY LONDON LTD
BALANCE SHEET
AS AT 30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Stocks
1,356,855
1,370,755
Debtors
5
3,141
1,554
Cash at bank and in hand
3,193
17,765
1,363,189
1,390,074
Creditors: amounts falling due within one year
6
(2,124,947)
(2,135,864)
Net current liabilities
(761,758)
(745,790)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(761,759)
(745,791)
Total equity
(761,758)
(745,790)

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 26 August 2026 and are signed on its behalf by:
Mrs S M MacDonald-Hall
Director
Company registration number 08307303 (England and Wales)
MARGOT JEWELLERY LONDON LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 2 -
1
Accounting policies
Company information

Margot Jewellery London Ltd is a private company limited by shares incorporated in England and Wales. The registered office is C/O Azets, Carnac Place, Cams Hall Estate, Fareham, Hampshire, United Kingdom, PO16 8UY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The financial statements relate to Margot Jewellery London Limited as an individual entity.

1.2
Going concern

The financial statements have been prepared on the basis that the company is a going concern, although at the balance sheet date, current liabilities exceed total assets by £761,758 (2024: £745,790).true

The company is dependant on the continued support of the directors whose loan accounts are included within other creditors. Confirmation that support will not be withdrawn in the foreseeable future has been received from the directors.

1.3
Turnover

Jewellery sales are recognised at the fair value of the consideration received or receivable, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Rent receivable, which is included within other income, is recognised in the period in which it relates to.

1.4
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Software
33% straight line
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

MARGOT JEWELLERY LONDON LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 3 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

MARGOT JEWELLERY LONDON LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Employee benefits
1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
3
2
3
Intangible fixed assets
Other
£
Cost
At 1 December 2024 and 30 November 2025
2,450
Amortisation and impairment
At 1 December 2024 and 30 November 2025
2,450
Carrying amount
At 30 November 2025
-
0
At 30 November 2024
-
0
MARGOT JEWELLERY LONDON LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 5 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2024 and 30 November 2025
1,291
Depreciation and impairment
At 1 December 2024 and 30 November 2025
1,291
Carrying amount
At 30 November 2025
-
0
At 30 November 2024
-
0
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
3,141
1,554
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
0
300
Taxation and social security
7,159
7,163
Other creditors
2,117,788
2,128,401
2,124,947
2,135,864
2025-11-30 2024-12-01 false false false 26 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs S M MacDonald-Hall Mr C Macdonald-Hall Mr A G Assan Mr A Akpitidis 08307303 2024-12-01 2025-11-30 08307303 2025-11-30 08307303 2024-11-30 08307303 core:WithinOneYear 2025-11-30 08307303 core:WithinOneYear 2024-11-30 08307303 core:CurrentFinancialInstruments 2025-11-30 08307303 core:CurrentFinancialInstruments 2024-11-30 08307303 core:ShareCapital 2025-11-30 08307303 core:ShareCapital 2024-11-30 08307303 core:RetainedEarningsAccumulatedLosses 2025-11-30 08307303 core:RetainedEarningsAccumulatedLosses 2024-11-30 08307303 bus:Director1 2024-12-01 2025-11-30 08307303 core:IntangibleAssetsOtherThanGoodwill 2024-12-01 2025-11-30 08307303 core:ComputerSoftware 2024-12-01 2025-11-30 08307303 core:ComputerEquipment 2024-12-01 2025-11-30 08307303 2023-12-01 2024-11-30 08307303 core:IntangibleAssetsOtherThanGoodwill 2024-11-30 08307303 core:IntangibleAssetsOtherThanGoodwill 2025-11-30 08307303 core:IntangibleAssetsOtherThanGoodwill 2024-11-30 08307303 core:OtherPropertyPlantEquipment 2024-11-30 08307303 core:OtherPropertyPlantEquipment 2025-11-30 08307303 core:OtherPropertyPlantEquipment 2024-11-30 08307303 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 08307303 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 08307303 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 08307303 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 08307303 bus:FRS102 2024-12-01 2025-11-30 08307303 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 08307303 bus:Director2 2024-12-01 2025-11-30 08307303 bus:Director3 2024-12-01 2025-11-30 08307303 bus:Director4 2024-12-01 2025-11-30 08307303 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP