Beaconsfield Fine Jewellery LLP

REGISTERED NUMBER: OC361083 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31st January 2026

for

Page

General Information

1

Report of the Members

2

Chartered Certified Accountants' Report

3

Income Statement

4

Balance Sheet

5

Reconciliation of Members' Interests

6

Notes to the Financial Statements

8

DESIGNATED MEMBERS:

P Ungar

Mrs P Ungar

REGISTERED OFFICE:

The Lexicon

10-12 Mount Street

Manchester

M2 5NT

REGISTERED NUMBER:

OC361083 (England and Wales)

ACCOUNTANTS:

Veritas Accountants & Advisory Limited

The Lexicon

Mount Street

Manchester

M2 5NT

The members present their report with the financial statements of the LLP for the year ended 31st January 2026.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of jewellery retail.

During the year, the LLP closed its retail store and the director advised the entity is winding down the trade of the company.

DESIGNATED MEMBERS

The designated members during the year under review were:

P Ungar

Mrs P Ungar

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was £10,126 (2025 - £5,994 loss).

MEMBERS' INTERESTS

The members' drawing policy allows each member to draw a proportion of their profit share, subject to the cash requirements of the business.

A member's capital requirement is linked to their share of profit and the financing requirement of the limited liability partnership. There is no opportunity for appreciation of the capital subscribed. Just as incoming members introduce their capital at "par", so the retiring members are repaid their capital at "par".

ON BEHALF OF THE MEMBERS:

P Ungar - Designated member

31st October 2026

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Beaconsfield Fine Jewellery LLP for the year ended 31st January 2026 which comprise the Income Statement, Balance Sheet, Reconciliation of Members' Interests and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the members of Beaconsfield Fine Jewellery LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Beaconsfield Fine Jewellery LLP and state those matters that we have agreed to state to the members of Beaconsfield Fine Jewellery LLP, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Beaconsfield Fine Jewellery LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Beaconsfield Fine Jewellery LLP. You consider that Beaconsfield Fine Jewellery LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Beaconsfield Fine Jewellery LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Veritas Accountants & Advisory Limited

The Lexicon

Mount Street

Manchester

M2 5NT

31st October 2026

TURNOVER

-

17,902

Cost of sales

-

898

GROSS PROFIT

-

17,004

Administrative expenses

9,416

23,160

OPERATING LOSS

(9,416

)

(6,156

)

Interest receivable and similar income

2

1,874

(9,414

)

(4,282

)

Interest payable and similar expenses

712

1,712

LOSS FOR THE FINANCIAL YEAR BEFORE
MEMBERS' REMUNERATION AND PROFIT
SHARES

(10,126

)

(5,994

)

LOSS FOR THE FINANCIAL YEAR BEFORE
MEMBERS' REMUNERATION AND PROFIT
SHARES

(10,126

)

(5,994

)

Members' remuneration charged as an
expense

4

10,126

5,994

PROFIT FOR THE FINANCIAL YEAR
AVAILABLE FOR DISCRETIONARY DIVISION
AMONG MEMBERS

-

CURRENT ASSETS

Debtors

5

54,423

61,470

Cash at bank

-

107

54,423

61,577

CREDITORS

Amounts falling due within one year

6

48,548

48,580

NET CURRENT ASSETS

5,875

12,997

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,875

12,997

CREDITORS

Amounts falling due after more than one year

7

5,875

12,974

NET ASSETS ATTRIBUTABLE TO MEMBERS

-

23

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

-

23

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

-

23

Amounts due from members

5

(49,423

)

-

(49,423

)

23

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31st January 2026.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 31st October 2026 and were signed by:

P Ungar - Designated member

EQUITY

DEBT

TOTAL

Members'

Loans and other debts due to

MEMBERS'

other

members less any amounts due

INTERESTS

interests

from members in debtors

Other

reserves

amounts

Total

£

Amount due to members

23

Amount due from members

-

Balance at 1st February 2025

-

23

Members' remuneration charged as
an expense, including employment
and retirement benefit costs

-

(10,126

)

(10,126

)

Profit for the financial year available
for discretionary division among
members

-

Members' interests after profit for the
year

-

(10,103

)

(10,103

)

Drawings on account and
distributions of profit

-

(39,320

)

(39,320

)

Amount due to members

-

Amount due from members

(49,423

)

Balance at 31st January 2026

-

(49,423

)

(49,423

)

EQUITY

DEBT

TOTAL

Members'

Loans and other debts due to

MEMBERS'

other

members less any amounts due

INTERESTS

interests

from members in debtors

Other

reserves

amounts

Total

£

Amount due to members

-

Amount due from members

(23,011

)

Balance at 1st February 2024

-

(23,011

)

(23,011

)

Members' remuneration charged as
an expense, including employment
and retirement benefit costs

-

(5,994

)

(5,994

)

Profit for the financial year available
for discretionary division among
members

-

Members' interests after profit for the
year

-

(29,005

)

(29,005

)

Introduced by members

-

35,513

Drawings on account and
distributions of profit

-

(6,485

)

(6,485

)

Amount due to members

23

Amount due from members

-

Balance at 31st January 2025

-

23

1.	STATUTORY INFORMATION

Beaconsfield Fine Jewellery LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in December 2021, together 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 limited liability partnership. Monetary amounts 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.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the limited liability partnership’s accounting policies, the members are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Due to the timing of when these accounts were prepared, the entity had closed its shop for a considerable amount of time and the stock system records were lost. As such the stock figure included in the account is an estimate.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Going concern

During the year the LLP closed its retail store and sold all stock. The director advised the entity is repaying its debts and is winding down its trade. The director has advised that there is no intention to close the entity, as there may be opportunity to capitalise on the entity's contacts in the future.

Due to the above the members are of the opinion that the entity is a going concern for the foreseeable future.

Members' participating interests

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed remuneration and profits).

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member's participation rights including amounts subscribed or otherwise contributed by members, for example members' capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.

All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due to members' and, where such an amount relates to current year profits, they are recognised within ‘Members' remuneration charged as an expense’ in arriving at the relevant year’s result. Undivided amounts that are classified as equity are shown within ‘Members' other interests’. Amounts recoverable from members are presented as debtors and shown as amounts due from members within members’ interests.

Once an unavoidable obligation has been created in favour of members through allocation of profits or other means, any undrawn profits remaining at the reporting date are shown as ‘Loans and other debts due to members’ to the extent they exceed debts due from a specific member.

All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due to members' and, where such an amount relates to current year profits, they are recognised within ‘Members' remuneration charged as an expense’ in arriving at the relevant year’s result. Undivided amounts that are classified as equity are shown within ‘Members' other interests’. Amounts recoverable from members are presented as debtors and shown as amounts due from members within members’ interests.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INFORMATION IN RELATION TO MEMBERS

31.1.26

31.1.25

£

Members' remuneration charged as an expense

Automatic division of loss

(10,126

)

(5,994

)

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Amounts owed by joint ventures

-

56,470

Other debtors

54,423

5,000

54,423

61,470

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Bank loans and overdrafts

10,000

Trade creditors

4,580

16,316

Amounts owed to joint ventures

12,908

-

Taxation and social security

4,185

4,421

Other creditors

16,875

17,843

48,548

48,580

The entity was granted a Bounce Back Loan. The loan is unsecured.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

Bank loans

5,875

12,974

8.	SECURED DEBTS

At Companies House there is a debenture charge which entitles Lloyds TSB Bank plc security over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery. This was created on 4 March 2011 and is outstanding.

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.