Abbreviated Company Accounts - GOLDCRAFT LIMITED

04603151 GOLDCRAFT LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 04603151 2015-05-01 2016-04-30 04603151 2016-04-30 04603151 2015-04-30 04603151 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 04603151 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:EUR shares

Registered Number 04603151

GOLDCRAFT LIMITED

Abbreviated Accounts

30 April 2016

GOLDCRAFT LIMITED Registered Number 04603151

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		€	€
Fixed assets
Tangible assets	2	224,027	256,031
		224,027	256,031
Creditors: amounts falling due within one year	3	(286,473)	(286,473)
Net current assets (liabilities)		(286,473)	(286,473)
Total assets less current liabilities		(62,446)	(30,442)
Total net assets (liabilities)		(62,446)	(30,442)
Capital and reserves
Called up share capital	4	1,562	1,562
Profit and loss account		(64,008)	(32,004)
Shareholders' funds		(62,446)	(30,442)

For the year ending 30 April 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 30 January 2017

And signed on their behalf by:
SAYIAS LOUCAS, Director

GOLDCRAFT LIMITED Registered Number 04603151

Notes to the Abbreviated Accounts for the period ended 30 April 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.

2Tangible fixed assets

	€
Cost
At 1 May 2015	640,078
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	640,078
Depreciation
At 1 May 2015	384,047
Charge for the year	32,004
On disposals	-
At 30 April 2016	416,051
Net book values
At 30 April 2016	224,027
At 30 April 2015	256,031

The company acquired a yacht on the 01 May 2004 which was not recorded in the books
and records along with the associated depreciation charge
in the Financial Years ended from the 01.06.2013 to 30.04.2016.
Under UK GAAP a prior year adjustment is made for a change in
accounting policy or for a fundamental error.
A fundamental error is defined by FRS 3 as an error of such significance as to destroy
the true and fair view of the Financial Statements.
The Prior year error was considered to be fundamental and was corrected by retrospective
restatement of the 2013 comparative numbers to address the acquisition of the yacht and the
recording of the associated depreciation charge.

3Creditors

	2016 €	2015 €
Secured Debts	286,473	286,473

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 €	2015 €
1,000 Ordinary shares of €1.56152 each	1,562	1,562

The exchange rate 1.56152 which was used to convert the Share Capital from GBP to EURO was taken from Oanda.com at historical rate, Date: 28 November 2002.