Embellishments Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05286154 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Embellishments Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs A Hatton

SECRETARY:

T M Hatton

REGISTERED OFFICE:

Office 36

88-90 Hatton Garden

London

EC1N 8PN

REGISTERED NUMBER:

05286154 (England and Wales)

ACCOUNTANTS:

CW Accountancy

12 Highcliffe Close

Lympstone

Devon

EX8 5HF

FIXED ASSETS

Tangible assets

2

1

338

CURRENT ASSETS

Debtors

3,842

2,599

Cash at bank

10,380

11,448

14,222

14,047

CREDITORS

Amounts falling due within one year

20,499

21,337

NET CURRENT LIABILITIES

(6,277

)

(7,290

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,276

)

(6,952

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(6,376

)

(7,052

)

SHAREHOLDERS' FUNDS

(6,276

)

(6,952

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of each financial year and of its profit or loss for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 7 January 2017 and were signed by:

Mrs A Hatton - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Going concern basis of accounting

The accounts have been prepared on the assumption that the company is able to carry on

business as a going concern.

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the

company qualifies as a small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Loans by directors

All loans to the company by the directors are held at the original value of the loan.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

3,437

DEPRECIATION

At 1 May 2015

3,099

Charge for year

337

At 30 April 2016

3,436

NET BOOK VALUE

At 30 April 2016

1

At 30 April 2015

338

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100