Abbreviated Company Accounts - MIA JEWELS LTD

07042467 MIA JEWELS LTD 2015-10-31 false 2014-11-01 2015-10-31 true 07042467 2014-11-01 2015-10-31 07042467 2015-10-31 07042467 2014-10-31 07042467 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 07042467 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 07042467

MIA JEWELS LTD

Abbreviated Accounts

31 October 2015

MIA JEWELS LTD Registered Number 07042467

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,509	3,345
		2,509	3,345
Current assets
Stocks		57,500	49,200
Debtors		3,112	4,760
Cash at bank and in hand		137	277
		60,749	54,237
Creditors: amounts falling due within one year		(2,430)	(5,638)
Net current assets (liabilities)		58,319	48,599
Total assets less current liabilities		60,828	51,944
Creditors: amounts falling due after more than one year		(90,250)	(79,977)
Total net assets (liabilities)		(29,422)	(28,033)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(29,522)	(28,133)
Shareholders' funds		(29,422)	(28,033)

For the year ending 31 October 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 July 2016

And signed on their behalf by:
Hilda Rihon, Director

MIA JEWELS LTD Registered Number 07042467

Notes to the Abbreviated Accounts for the period ended 31 October 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 value, net of value added tax, of goods provided to customers.

Tangible assets depreciation policy
Plant and Machinery 25.00% Reducing Balance

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

2Tangible fixed assets

	£
Cost
At 1 November 2014	11,304
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	11,304
Depreciation
At 1 November 2014	7,959
Charge for the year	836
On disposals	-
At 31 October 2015	8,795
Net book values
At 31 October 2015	2,509
At 31 October 2014	3,345

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

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