Abbreviated Company Accounts - SAPHIRA JEWELLERS LIMITED

SAPHIRA JEWELLERS LIMITED - Company Information

06230283 SAPHIRA JEWELLERS LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 06230283 2015-05-01 2016-04-30 06230283 2016-04-30 06230283 2015-04-30 06230283 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 06230283 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:GBP shares

Registered Number 06230283

SAPHIRA JEWELLERS LIMITED

Abbreviated Accounts

30 April 2016

SAPHIRA JEWELLERS LIMITED Registered Number 06230283

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	126,950	126,950
Tangible assets	3	6,388	6,678
		133,338	133,628
Current assets
Stocks		93,755	92,500
Debtors		2,028	1,771
Cash at bank and in hand		977	3,553
		96,760	97,824
Creditors: amounts falling due within one year		(38,466)	(54,156)
Net current assets (liabilities)		58,294	43,668
Total assets less current liabilities		191,632	177,296
Creditors: amounts falling due after more than one year		(178,965)	(165,940)
Total net assets (liabilities)		12,667	11,356
Capital and reserves
Called up share capital	4	200	200
Profit and loss account		12,467	11,156
Shareholders' funds		12,667	11,356

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:
Mr D Bond, Director

SAPHIRA JEWELLERS LIMITED Registered Number 06230283

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.

Turnover policy
Turnover represents net invoiced sales of goods, excluding VAT.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Fixtures and fittings - 20% on written down value
Equipment - 25% on written down value

2Intangible fixed assets

	£
Cost
At 1 May 2015	126,950
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	126,950
Amortisation
At 1 May 2015	-
Charge for the year	-
On disposals	-
At 30 April 2016	-
Net book values
At 30 April 2016	126,950
At 30 April 2015	126,950

3Tangible fixed assets

	£
Cost
At 1 May 2015	32,393
Additions	1,338
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	33,731
Depreciation
At 1 May 2015	25,715
Charge for the year	1,628
On disposals	-
At 30 April 2016	27,343
Net book values
At 30 April 2016	6,388
At 30 April 2015	6,678

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

	2016 £	2015 £
200 Ordinary shares of £1 each	200	200