ZUZU JEWELLERY LIMITED


Silverfin false 29/09/2022 29/09/2022 30/09/2021 N Lyons 07/04/2018 28 June 2023 The principal activity of the Company during the financial year was that of wholesale trade of jewellery. 11297994 2022-09-29 11297994 bus:Director1 2022-09-29 11297994 2021-09-29 11297994 core:CurrentFinancialInstruments 2022-09-29 11297994 core:CurrentFinancialInstruments 2021-09-29 11297994 core:ShareCapital 2022-09-29 11297994 core:ShareCapital 2021-09-29 11297994 core:RetainedEarningsAccumulatedLosses 2022-09-29 11297994 core:RetainedEarningsAccumulatedLosses 2021-09-29 11297994 core:PatentsTrademarksLicencesConcessionsSimilar 2021-09-29 11297994 core:PatentsTrademarksLicencesConcessionsSimilar 2022-09-29 11297994 2021-09-30 2022-09-29 11297994 bus:FullAccounts 2021-09-30 2022-09-29 11297994 bus:SmallEntities 2021-09-30 2022-09-29 11297994 bus:AuditExemptWithAccountantsReport 2021-09-30 2022-09-29 11297994 bus:PrivateLimitedCompanyLtd 2021-09-30 2022-09-29 11297994 bus:Director1 2021-09-30 2022-09-29 11297994 2020-09-30 2021-09-29 iso4217:GBP xbrli:pure

Company No: 11297994 (England and Wales)

ZUZU JEWELLERY LIMITED

Unaudited Financial Statements
For the financial year ended 29 September 2022
Pages for filing with the registrar

ZUZU JEWELLERY LIMITED

Unaudited Financial Statements

For the financial year ended 29 September 2022

Contents

ZUZU JEWELLERY LIMITED

BALANCE SHEET

As at 29 September 2022
ZUZU JEWELLERY LIMITED

BALANCE SHEET (continued)

As at 29 September 2022
Note 2022 2021
£ £
Fixed assets
Intangible assets 3 4,114 4,114
4,114 4,114
Current assets
Cash at bank and in hand 103,515 87,272
103,515 87,272
Creditors: amounts falling due within one year 4 ( 89,978) ( 76,501)
Net current assets 13,537 10,771
Total assets less current liabilities 17,651 14,885
Net assets 17,651 14,885
Capital and reserves
Called-up share capital 100 100
Profit and loss account 17,551 14,785
Total shareholder's funds 17,651 14,885

For the financial year ending 29 September 2022 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

  • The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
  • These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Zuzu Jewellery Limited (registered number: 11297994) were approved and authorised for issue by the Director on 28 June 2023. They were signed on its behalf by:

N Lyons
Director
ZUZU JEWELLERY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 29 September 2022
ZUZU JEWELLERY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 29 September 2022
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Zuzu Jewellery Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom. The principal place of business is 19 Factory Road, Upton, Poole, Dorset, BH16 5SN.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Trademarks, patents and licences not amortised
Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2022 2021
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Intangible assets

Trademarks, patents
and licences
Total
£ £
Cost
At 30 September 2021 4,114 4,114
At 29 September 2022 4,114 4,114
Accumulated amortisation
At 30 September 2021 0 0
At 29 September 2022 0 0
Net book value
At 29 September 2022 4,114 4,114
At 29 September 2021 4,114 4,114

4. Creditors: amounts falling due within one year

2022 2021
£ £
Corporation tax 2,362 3,491
Other creditors 87,616 73,010
89,978 76,501