Abbreviated Company Accounts - ALBONE JEWELLERS (CROYDON) LTD

ALBONE JEWELLERS (CROYDON) LTD - Company Information

05341693 ALBONE JEWELLERS (CROYDON) LTD 2015-03-31 false 2014-04-01 2015-03-31 true 05341693 2014-04-01 2015-03-31 05341693 2015-03-31 05341693 2014-03-31 05341693 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 05341693 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 05341693

ALBONE JEWELLERS (CROYDON) LTD

Abbreviated Accounts

31 March 2015

ALBONE JEWELLERS (CROYDON) LTD Registered Number 05341693

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,573	6,585
		3,573	6,585
Current assets
Stocks		141,489	30,850
Debtors		97,869	178,836
Cash at bank and in hand		23,230	9,887
		262,588	219,573
Creditors: amounts falling due within one year		(196,653)	(166,362)
Net current assets (liabilities)		65,935	53,211
Total assets less current liabilities		69,508	59,796
Total net assets (liabilities)		69,508	59,796
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		69,408	59,696
Shareholders' funds		69,508	59,796

For the year ending 31 March 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 December 2015

And signed on their behalf by:
Steven Albone, Director

ALBONE JEWELLERS (CROYDON) LTD Registered Number 05341693

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods and services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
fixtures, fittings and equipment - 25% straight line

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 April 2014	19,998
Additions	489
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	20,487
Depreciation
At 1 April 2014	13,413
Charge for the year	3,501
On disposals	-
At 31 March 2015	16,914
Net book values
At 31 March 2015	3,573
At 31 March 2014	6,585

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100