Diecast Gems Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08697021 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

Diecast Gems Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P J Silvester

Mrs R M Silvester

SECRETARY:

REGISTERED OFFICE:

Sunny Nook

Barhatch Road

Cranleigh

Surrey

GU6 7DJ

REGISTERED NUMBER:

08697021 (England and Wales)

ACCOUNTANTS:

Richard Symonds ACA FCCA

Symonds & Co Chartered Accountants

Sunny Nook

Barhatch Road

Cranleigh

Surrey

GU6 7DJ

CURRENT ASSETS

Stocks

30,000

18,500

Cash at bank

6,456

9,525

36,456

28,025

CREDITORS

Amounts falling due within one year

40,760

27,637

NET CURRENT (LIABILITIES)/ASSETS

(4,304

)

388

TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,304

)

388

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

(4,404

)

288

SHAREHOLDERS' FUNDS

(4,304

)

388

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

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

The directors acknowledge their 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 Board of Directors on 11 March 2017 and were signed on its behalf by:

P J Silvester - Director

1.	ACCOUNTING POLICIES

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).

Turnover

Turnover represents the value, net of value added tax and discounts, of goods provided to customers.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

100

Ordinary shares

£1

100