Abbreviated Company Accounts - DONNELLS JEWELLERS LIMITED

DONNELLS JEWELLERS LIMITED - Company Information

Registered Number 08058291

DONNELLS JEWELLERS LIMITED

Abbreviated Accounts

30 September 2016

DONNELLS JEWELLERS LIMITED Registered Number 08058291

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	11,473	15,297
Tangible assets	3	9,878	11,079
		21,351	26,376
Current assets
Stocks		49,209	20,000
Debtors		42,131	31,589
Cash at bank and in hand		61,180	52,668
		152,520	104,257
Creditors: amounts falling due within one year		(15,839)	(112,587)
Net current assets (liabilities)		136,681	(8,330)
Total assets less current liabilities		158,032	18,046
Creditors: amounts falling due after more than one year		(105,713)	-
Total net assets (liabilities)		52,319	18,046
Capital and reserves
Called up share capital		1	1
Profit and loss account		52,318	18,045
Shareholders' funds		52,319	18,046

For the year ending 30 September 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 June 2017

And signed on their behalf by:
Mr D Stanton, Director

DONNELLS JEWELLERS LIMITED Registered Number 08058291

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

Tangible assets depreciation policy
Leasehold improvements - 15% reducing balance
Plant & machinery - 15% reducing balance
Fixtures, fittings, tools & equipment - 15% reducing balance

Intangible assets amortisation policy
Intangible assets are written off in equal annual installments over its estimated useful economic life of five years.

2Intangible fixed assets

	£
Cost
At 1 October 2015	19,121
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	19,121
Amortisation
At 1 October 2015	3,824
Charge for the year	3,824
On disposals	-
At 30 September 2016	7,648
Net book values
At 30 September 2016	11,473
At 30 September 2015	15,297

3Tangible fixed assets

	£
Cost
At 1 October 2015	15,626
Additions	504
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	16,130
Depreciation
At 1 October 2015	4,547
Charge for the year	1,705
On disposals	-
At 30 September 2016	6,252
Net book values
At 30 September 2016	9,878
At 30 September 2015	11,079