MORGANITE JEWELLERY LIMITED

MORGANITE JEWELLERY LIMITED
Contents Page
For the Period 23 October 2024 to 31 October 2025

Statement of Financial Position	1
Notes to the Financial Statements	2

MORGANITE JEWELLERY LIMITED
Statement of Financial Position
As at 31 October 2025

	Notes	2025 £
Fixed assets
Tangible fixed assets	3	825
		825
Current assets
Debtors		34,013
Creditors: amount falling due within one year		(165)
Net current assets		33,848

Total assets less current liabilities		34,673
Net assets		34,673

Capital and reserves
Called up share capital		40,000
Profit and loss account		(5,327)
Shareholders' funds		34,673

For the period ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 22 October 2026 and were signed by:

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Mohammed Hussein Ahmed AL-OBADI
Director

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MORGANITE JEWELLERY LIMITED
Notes to the Abridged Financial Statements
For the Period 23 October 2024 to 31 October 2025

General Information

MORGANITE JEWELLERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 16037266, registration address Unit 709 Jq Modern, 120 Vyse Street, Birmingham, B18 6NF.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

5 Reducing Balance

2.	Average number of employees Average number of employees during the period was 1.

3.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 23 October 2024	-	-
Additions	825	825
Disposals	-	-
At 31 October 2025	825	825
Depreciation
At 23 October 2024	-	-
Charge for period	-	-
On disposals	-	-
At 31 October 2025	-	-
Net book values
Closing balance as at 31 October 2025	825	825
Opening balance as at 23 October 2024	-	-

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