Diecast Gems Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08697021 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2018

for

Diecast Gems Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P J Silvester

Mrs R M Silvester

SECRETARY:

REGISTERED OFFICE:

Sunny Nook

Barhatch Road

Cranleigh

Surrey

GU6 7DJ

REGISTERED NUMBER:

08697021 (England and Wales)

ACCOUNTANTS:

Richard Symonds FCA FCCA

Symonds & Co Chartered Accountants

Sunny Nook

Barhatch Road

Cranleigh

Surrey

GU6 7DJ

CURRENT ASSETS

Stocks

3

65,269

55,512

Cash at bank

4,985

7,442

70,254

62,954

CREDITORS

Amounts falling due within one year

4

91,811

78,964

NET CURRENT LIABILITIES

(21,557

)

(16,010

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(21,557

)

(16,010

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(21,657

)

(16,110

)

SHAREHOLDERS' FUNDS

(21,557

)

(16,010

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 5 May 2019 and were signed on its behalf by:

P J Silvester - Director

1.	STATUTORY INFORMATION

Diecast Gems Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents the value, net of value added tax and discounts, of goods provided to customers.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

3.

STOCKS

30.9.18

30.9.17

£

£

Stocks

65,269

55,512

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade creditors

750

751

Other creditors

2,281

-

Directors' loan accounts

88,780

78,213

91,811

78,964

5.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed the directors £88,780 (2017 £78,213). This amount has been

included within creditors on the balance sheet.

During the year, the director received dividends totalling £nil

6.	ULTIMATE CONTROLLING PARTY

The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in

respect of the operational and financial policies of the company.