J & D Duo Jewellery Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08796634

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		57,458		75,172
Investments			8		8

			57,466		75,180
CURRENT ASSETS
Stocks	5	-		28,368
Debtors	6	224,375		114,876
Cash at bank and in hand		197,435		161,105

		421,810		304,349
Creditors: Amounts Falling Due Within One Year	7	(314,252 )		(340,379 )

NET CURRENT ASSETS (LIABILITIES)			107,558		(36,030 )

TOTAL ASSETS LESS CURRENT LIABILITIES			165,024		39,150

NET ASSETS			165,024		39,150

CAPITAL AND RESERVES
Called up share capital	8		200		100
Share premium account			(299,900 )		(299,900 )
Profit and Loss Account			464,724		338,950

SHAREHOLDERS' FUNDS			165,024		39,150

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J & D Duo Jewellery Limited

Balance Sheet (continued)

As At 31 March 2026

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr D Gamble Director	Mrs G Lambert Director
06/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

J & D Duo Jewellery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08796634 . The registered office is B1 Redlands Business Centre, 3 - 5 Tapton House Road, Sheffield, South Yorkshire, United Kingdom, S10 5BY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Not depreciated
Motor Vehicles	20% Reducing
Fixtures & Fittings	25% Reducing

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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J & D Duo Jewellery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 3)

4. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2025	4,316	65,296	105,078	174,690

As at 31 March 2026	4,316	65,296	105,078	174,690

Depreciation
As at 1 April 2025	-	24,632	74,886	99,518
Provided during the period	-	10,166	7,548	17,714

As at 31 March 2026	-	34,798	82,434	117,232

Net Book Value
As at 31 March 2026	4,316	30,498	22,644	57,458

As at 1 April 2025	4,316	40,664	30,192	75,172

5. Stocks

	2026	2025
	£	£
Stock	-	28,368

6. Debtors

	2026	2025
	£	£
Due within one year
Amounts owed by group undertakings	103,547	52,069
Amounts owed by participating interests	119,410	62,807
Other debtors	1,418	-

	224,375	114,876

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	13,555	18,802
Trade creditors	95,100	140,441
Bank loans and overdrafts	1,570	10,933
Amounts owed to group undertakings	-	16,539
Other creditors	90,075	77,628
Taxation and social security	113,952	76,036

	314,252	340,379

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J & D Duo Jewellery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	200	100

9. Related Party Transactions

The company traded during the year with fellow group undertakings under common control, namely Eldon Square, Meadowhall, Trinity Walk and White Rose.

Sales to related parties

Sales to related parties during the year amounted to £1,377,676 (2025: £1,147,135), analysed as follows:

Eldon Square: £295,587

Meadowhall: £571,950

Trinity Walk: £151,501

White Rose: £358,638

Management fee income

Management fee income charged to related parties during the year amounted to £192,000 (2025: £186,000), analysed as follows:

Eldon Square: £49,500

Meadowhall: £52,500

Trinity Walk: £43,500

White Rose: £46,500

Directors’ bonuses

A provision of £40,000 was recognised in respect of directors’ bonuses, comprising £20,000 for each director (2025: £Nil).

Directors’ loan accounts

The combined directors’ loan account balance at 31 March 2026 was £87,285 (2025: £13,221).

Amounts due from related parties

At 31 March 2026, amounts due from related parties totalled £222,957 (2025: £98,338), analysed as follows:

Eldon Square: £6,861

Meadowhall: £96,686

Trinity Walk: £53,535

White Rose: £65,875

The balances are unsecured, interest-free and repayable on demand.

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