Abbreviated Company Accounts - FOREVER DIAMONDS LTD

Abbreviated Company Accounts - FOREVER DIAMONDS LTD

FOREVER DIAMONDS LTD - Company Information

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Registered Number 05660515

FOREVER DIAMONDS LTD

Abbreviated Accounts

31 March 2016

FOREVER DIAMONDS LTD Registered Number 05660515

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 1,000 1,000
Tangible assets 3 108,226 84,860
109,226 85,860
Current assets
Stocks 1,700 1,200
Debtors 548 545
2,248 1,745
Creditors: amounts falling due within one year (63,292) (62,888)
Net current assets (liabilities) (61,044) (61,143)
Total assets less current liabilities 48,182 24,717
Creditors: amounts falling due after more than one year (135,425) (104,839)
Total net assets (liabilities) (87,243) (80,122)
Capital and reserves
Called up share capital 1 1
Profit and loss account (87,244) (80,123)
Shareholders' funds (87,243) (80,122)
  • For the year ending 31 March 2016 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 22 September 2016

And signed on their behalf by:
R.Uddin, Director

FOREVER DIAMONDS LTD Registered Number 05660515

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.

2Intangible fixed assets
£
Cost
At 1 April 2015 1,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 1,000
Amortisation
At 1 April 2015 -
Charge for the year -
On disposals -
At 31 March 2016 -
Net book values
At 31 March 2016 1,000
At 31 March 2015 1,000
3Tangible fixed assets
£
Cost
At 1 April 2015 126,843
Additions 32,301
Disposals -
Revaluations -
Transfers -
At 31 March 2016 159,144
Depreciation
At 1 April 2015 41,983
Charge for the year 8,935
On disposals -
At 31 March 2016 50,918
Net book values
At 31 March 2016 108,226
At 31 March 2015 84,860