Roberts_Independent_Jewellers_Limited_31_Mar_2026_companies_house_set_of

Robert's Independent Jewellers Limited

Statement of Financial Position

31 March 2026

		2026		2025
	Note	£		£
Fixed assets
Tangible assets	5	6,076		1,061
Current assets
Stocks		210,541		204,468
Debtors	6	160,886		144,970
Investments	7	20,243		-
Cash at bank and in hand		103,453		168,760
		495,123		518,198
Creditors: amounts falling due within one year	8	(95,894	)	(98,391	)
Net current assets		399,229		419,807
Total assets less current liabilities		405,305		420,868
Creditors: amounts falling due after more than one year	9	-		(1,667	)
Net assets		405,305		419,201
Capital and reserves
Called up share capital		1,400		1,400
Profit and loss account		403,905		417,801
Shareholders funds		405,305		419,201

For the year ending

31 March 2026

, 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 financial statements for the year in question in accordance with section 476;
The director acknowledges their responsibilities for complying with the requirements of the Act 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.

In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.

These

financial statements

were approved by the board of directors and authorised for issue on

22 October 2026

, and are signed on behalf of the board by:

Mr R Wilson

Director

Company registration number:

07548197

Robert's Independent Jewellers Limited

Notes to the Financial Statements

Year ended

31 March 2026

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

18-20 High Street

Ringwood

Hampshire

BH24 1AF

, England.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Office equipment	33% straight line
Fixtures and fittings	20% straight line
Plant and machinery	20% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was

(2025:

1.00

5 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 April 2025	22,945
Additions	7,188
At 31 March 2026	30,133
Depreciation
At 1 April 2025	21,884
Charge	2,173
At 31 March 2026	24,057
Carrying amount
At 31 March 2026	6,076
At 31 March 2025	1,061

6 Debtors

	2026	2025
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	144,553	144,344
Other debtors	16,333	626
	160,886	144,970

7 Investments

	2026		2025
	£		£
Other current asset investments	20,243		-

8 Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	1,667	10,000
Trade creditors	32,739	16,999
Taxation and social security	58,202	66,440
Other creditors	3,286	4,952
	95,894	98,391

9 Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans and overdrafts	-		1,667