| Registered number: 06417470 | ||||||||
| FOR THE YEAR ENDED 31 MARCH 2026 | ||||||||
| Prepared By: | ||||||||
| Lever Bros & Co | ||||||||
| Chartered Accountants | ||||||||
| First Floor, 690 Great West Road | ||||||||
| Osterley Village | ||||||||
| Isleworth | ||||||||
| TW7 4PU | ||||||||
| Yves Frey Diamonds Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31 MARCH 2026 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Middlesex | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 06417470 | ||||||||
| ACCOUNTANTS | ||||||||
| Lever Bros & Co | ||||||||
| Chartered Accountants | ||||||||
| First Floor, 690 Great West Road | ||||||||
| Osterley Village | ||||||||
| Isleworth | ||||||||
| TW7 4PU | ||||||||
| Yves Frey Diamonds Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31 MARCH 2026 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Yves Frey Diamonds Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2026 | 2025 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Intangible assets | 2 | 1,961 | ||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Stock | 4 | |||||||||
| Debtors | 5 | |||||||||
| Cash at bank and in hand | ||||||||||
| 220,867 | 236,550 | |||||||||
| CREDITORS: Amounts falling due within one year | 6 | |||||||||
| NET CURRENT ASSETS | 16,699 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 8 | |||||||||
| Profit and loss account | 27,624 | 20,272 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Yves Frey Diamonds Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31 MARCH 2026 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Plant and Machinery | reducing balance 15% - 25% | |||||||
| Fixtures and Fittings | reducing balance 25% | |||||||
| 1c. Stocks | ||||||||
| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
| When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. | ||||||||
| 1d. Taxation | ||||||||
| Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. | ||||||||
| 1e. Foreign Currency | ||||||||
| Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated. | ||||||||
| 1f. Turnover | ||||||||
| Turnover represents the value of goods and services supplied by the company, net of value added tax and trade discounts and is recognised when services are rendered or when goods delivered. | ||||||||
| 1g. Goodwill | ||||||||
| Yves Frey Diamonds Limited | ||||||||
| 1h. Leases | ||||||||
| Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term. | ||||||||
| 1i. Statutory Information | ||||||||
| Yves Frey Diamonds Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 06417470 and registered office address is First Floor 690 Great West Road, Osterley Village, Isleworth, United Kingdom, TW7 4PU. | ||||||||
| 1j. Financial Instruments | ||||||||
| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments. | ||||||||
| 2. INTANGIBLE FIXED ASSETS | ||||
| Purchased | ||||
| Goodwill | Total | |||
| £ | £ | |||
| Cost | ||||
| At 1 April 2025 | 20,000 | 20,000 | ||
| At 31 March 2026 | 20,000 | 20,000 | ||
| Depreciation | ||||
| At 1 April 2025 | 18,042 | 18,042 | ||
| For the year | 1,058 | 1,058 | ||
| At 31 March 2026 | 19,100 | 19,100 | ||
| Net Book Amounts | ||||
| At 31 March 2026 | ||||
| At 31 March 2025 | 1,958 | |||
| 3. TANGIBLE FIXED ASSETS | ||||||
| Plant and | Fixtures | |||||
| Machinery | and Fittings | Total | ||||
| £ | £ | £ | ||||
| Cost | ||||||
| At 1 April 2025 | 8,129 | 4,362 | 12,491 | |||
| At 31 March 2026 | 8,129 | 4,362 | 12,491 | |||
| Depreciation | ||||||
| At 1 April 2025 | 6,537 | 4,341 | 10,878 | |||
| For the year | 398 | 5 | 403 | |||
| At 31 March 2026 | 6,935 | 4,346 | 11,281 | |||
| Net Book Amounts | ||||||
| At 31 March 2026 | 1,210 | |||||
| At 31 March 2025 | 1,613 | |||||
| Yves Frey Diamonds Limited | ||||||||
| 4. STOCK | 2026 | 2025 | ||||
| £ | £ | |||||
| Stock comprises: | ||||||
| Stock | ||||||
| 5. DEBTORS | 2026 | 2025 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 30 | 18,484 | ||||||
| Other debtors | 725 | 725 | ||||||
| Prepayments | 1,273 | 1,273 | ||||||
| 2,028 | 20,482 | |||||||
| 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2026 | 2025 | |||||||
| £ | £ | |||||||
| Taxation and social security | 7,197 | 8,331 | ||||||
| Directors current account | 42,387 | 47,055 | ||||||
| Trade creditors | 144,348 | 163,215 | ||||||
| Accruals | 1,420 | 1,250 | ||||||
| 195,352 | 219,851 | |||||||
| 7. EMPLOYEES | ||||||
| 2026 | 2025 | |||||
| No. | No. | |||||
| Average number of employees | 1 | |||||
| 8. SHARE CAPITAL | 2026 | 2025 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 1 | 1 | |||||||
| 1 | 1 | |||||||