H&A_JEWELLERY_LIMITED - Accounts

H & A JEWELLERY LIMITED - Company Information

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Company Registration No. 06132256 (England and Wales)

H&A JEWELLERY LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015

H&A JEWELLERY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

H&A JEWELLERY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Investments

666,268

Current assets

Debtors

1,977

3,223

Cash at bank and in hand

4,532

23,196

6,509

26,419

Creditors: amounts falling due within one year

(77,338)

(71,114)

Net current liabilities

(70,829)

(44,695)

Total assets less current liabilities

595,439

621,573

Capital and reserves

Called up share capital

100

Profit and loss account

595,339

621,473

Shareholders' funds

595,439

621,573

For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 22 September 2016

Mr A D Leake

Director

Company Registration No. 06132256

H&A JEWELLERY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.5

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Fixed assets

Investments

Cost

At 1 January 2015 & at 31 December 2015

2,412,000

Depreciation

At 1 January 2015 & at 31 December 2015

1,745,732

Net book value

At 31 December 2015

666,268

At 31 December 2014

666,268

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Herbert Marx Limited

England and Wales

Ordinary shares

100.00

H&A JEWELLERY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2015

Fixed assets

(Continued)

- 3 -

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2015

Principal activity

Herbert Marx Limited

Wholesale jewellers

1,208,052

125,115

Share capital

2015

2014

Allotted, called up and fully paid

80 "A" Shares of £1 each

20 "B" Shares of £1 each

100