Jonathan Harris (Jewellery) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00958925 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2014

FOR

JONATHAN HARRIS (JEWELLERY) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J A Harris

D R Harris

SECRETARY:

J A Harris

REGISTERED OFFICE:

11 Conway Street

London

W1T 6BL

REGISTERED NUMBER:

00958925 (England and Wales)

ACCOUNTANTS:

Jeremy Scholl and Company

Chartered Accountants

11 Conway Street

London

W1T 6BL

CURRENT ASSETS

Stocks

338,497

357,704

Debtors

13,987

17,553

Cash in hand

102,413

117,122

454,897

492,379

CREDITORS

Amounts falling due within one year

23,975

53,890

NET CURRENT ASSETS

430,922

438,489

TOTAL ASSETS LESS CURRENT LIABILITIES

430,922

438,489

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

430,822

438,389

SHAREHOLDERS' FUNDS

430,922

438,489

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 7 January 2015 and were signed on its behalf by:

J A Harris - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery 25% reducing balance

Fixtures, fittings & equipment 25% reducing balance

Stocks

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

slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

21,587

DEPRECIATION

At 1 May 2013

and 30 April 2014

21,587

NET BOOK VALUE

At 30 April 2014

-

At 30 April 2013

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

£

20

Ordinary shares

£1

20

20

60

Ordinary B shares

£1

60

60

20

Ordinary A Shares

£1

20

20

100

100