Blesscharm Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 02810875 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2013

for

Blesscharm Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Miss T C Pobjoy

D C Pobjoy

SECRETARY:

T J Warner

REGISTERED OFFICE:

Millennia House

Kingswood Park

Bonsor Drive

Tadworth

Surrey

KT20 6AY

REGISTERED NUMBER:

02810875 (England and Wales)

ACCOUNTANTS:

Williams & Co

Chartered Accountants

8/10 South Street

Epsom

Surrey

KT18 7PF

BANKERS:

Barclays Bank Plc

8-9 Hanover Square

London

W1A 4ZW

CURRENT ASSETS

Debtors

2

674,456

809,613

Cash at bank

151,898

156,211

826,354

965,824

CREDITORS

Amounts falling due within one year

667,811

822,964

NET CURRENT ASSETS

158,543

142,860

TOTAL ASSETS LESS CURRENT LIABILITIES

158,543

142,860

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

157,543

141,860

SHAREHOLDERS' FUNDS

158,543

142,860

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14 August 2014 and were signed on its behalf by:

Miss T C Pobjoy - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

Turnover represents net invoiced leasing charges, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 660,429 (2012 - £ 800,604 )

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1,000

Ordinary

£1

1,000

1,000

4.	ULTIMATE PARENT COMPANY

The ultimate parent company is Pensioner Trustees Company (Guernsey) Limited.

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company has made a gold bullion loan of £660,225 (2012: £800,604) to Pobjoy Mint Limited, a

subsidiary company of a group controlled by the directors. The company has also received a gold

bullion loan of £660,225 (2012: £800,604) from a pension fund of which the directors are trustees. Both

transactions are within the normal terms of the company's business.

Included in other debtors is £12,590 (2012: creditor £11,813) due from Pobjoy Mint Limited, a

subsidiary company of a group controlled by the directors.

In the year Interest was invoiced to Pobjoy Mint Limited, a subsidiary company of a group controlled by

the directors of £19,756 (2012: £23,363).