CASH4MYGOLD_LIMITED - Accounts

CASH4MYGOLD LIMITED - Company Information

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Company Registration No. 07069422 (England and Wales)

CASH4MYGOLD LIMITED

UNAUDITED ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

CASH4MYGOLD LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

CASH4MYGOLD LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2013

- 1 -

2013

2012

Notes

Current assets

Stocks

5,277

Debtors

5,703

17,184

Cash at bank and in hand

13,469

1,040

24,449

18,224

Creditors: amounts falling due within one year

(29,147)

(39,352)

Total assets less current liabilities

(4,698)

(21,128)

Capital and reserves

Called up share capital

100

Profit and loss account

(4,798)

(21,228)

Shareholders' funds

(4,698)

(21,128)

For the financial year ended 31 December 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 26 September 2014

S Dryer Esq

A Lazarus Esq

Director

Company Registration No. 07069422

CASH4MYGOLD LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

(COMPARATIVES ARE FOR THE 17 MONTH PERIOD ENDED 31 DECEMBER 2011)

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 April 2008).

At the year end the company had net current liabilities of £4,968 and total liabilities exceeded total assets by the same amount. The directors consider that it is appropriate for the financial statements to be drawn up on the going concern basis having regard to the ongoing support pledged by the parent company in order to allow the company to meet its liabilities as they fall due, until such time as alternative sources of finance become available. The financial statements do not include any adjustments that would be necessary in the event that the financial support of the parent company were to be withdrawn and the company were deemed as a result not to be a going concern.

1.2

Turnover

Turnover is net of value added tax, and represents the sale of precious metals and goods to customers during the year.

Share capital

2013

2012

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

Ultimate parent company

The company is a wholly owned subsidiary of AF Premier Limited, a company incorporated in the UK.