JC Jewels Limited - Filleted accounts

Registered number

09513386

JC Jewels Limited

Filleted Accounts

31 March 2026

JC Jewels Limited
Registered number:		09513386
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Current assets
Stocks		74,941			26,029
Debtors	4	6,516			10,829
Cash at bank and in hand		30,071			82,483
		111,528			119,341

Creditors: amounts falling due within one year	5	(73,845)			(81,409)

Net current assets			37,683			37,932

Total assets less current liabilities			37,683			37,932

Creditors: amounts falling due after more than one year	6		-			(1,530)



Net assets			37,683			36,402

Capital and reserves
Called up share capital			100			100
Profit and loss account			37,583			36,302

Shareholders' funds			37,683			36,402

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr K. Choksi
Director
Approved by the board on 9 October 2026

JC Jewels Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.







	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2025				544
	At 31 March 2026				544

	Depreciation
	At 1 April 2025				544
	At 31 March 2026				544

	Net book value
	At 31 March 2026				-


4	Debtors		2026		2025
£				£

	Trade debtors		3,216		7,529
	Other debtors		3,300		3,300
			6,516		10,829


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Bank loans		1,735		10,649
	Trade creditors		51,278		23,146
	Taxation and social security costs		10,162		13,562
	Other creditors		10,670		34,052
			73,845		81,409


6	Creditors: amounts falling due after one year		2026		2025
£				£

	Bank loans		-		1,530




7	Other financial commitments		2026		2025
£				£

	Total future minimum payments under non-cancellable operating leases		11,500		23,000


8	Controlling party

	The company is under the control of Mr K. Choksi, a sole director and a 50% shareholder.


9	Other information

	JC Jewels Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Suite 8
	88-90 Hatton Garden
	London
	EC1N 8PN