Abbreviated Company Accounts - HAIDEH'S HAPPY GEMS LTD

HAIDEH'S HAPPY GEMS LTD - Company Information

04757510 HAIDEH'S HAPPY GEMS LTD 2016-05-31 false 2015-06-01 2016-05-31 true 04757510 2015-06-01 2016-05-31 04757510 2016-05-31 04757510 2015-05-31 04757510 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 04757510 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 04757510

HAIDEH'S HAPPY GEMS LTD

Abbreviated Accounts

31 May 2016

HAIDEH'S HAPPY GEMS LTD Registered Number 04757510

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	12,042	14,105
		12,042	14,105
Current assets
Stocks		21,350	22,700
Debtors		139	1,948
Cash at bank and in hand		19,137	14,182
		40,626	38,830
Creditors: amounts falling due within one year		(50,960)	(51,038)
Net current assets (liabilities)		(10,334)	(12,208)
Total assets less current liabilities		1,708	1,897
Total net assets (liabilities)		1,708	1,897
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		708	897
Shareholders' funds		1,708	1,897

For the year ending 31 May 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 29 November 2016

And signed on their behalf by:
Miss H.G. Tavackoli, Director

HAIDEH'S HAPPY GEMS LTD Registered Number 04757510

Notes to the Abbreviated Accounts for the period ended 31 May 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 the sale of goods, net of VAT where applicable.

Tangible assets depreciation policy
Fixed assets are stated at cost less depreciation.

Depreciation is provided at rates so as to write off the cost of the fixed assets less their estimated residual value over their anticipated useful lives:-

Fixtures and fittings - 15% per annum

Amortisation has been applied in respect of cost of goodwill at 1/7th.

Other accounting policies
Stock
Stock is valued by the director at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 June 2015	57,535
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	57,535
Depreciation
At 1 June 2015	43,430
Charge for the year	2,063
On disposals	-
At 31 May 2016	45,493
Net book values
At 31 May 2016	12,042
At 31 May 2015	14,105

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000