Abbreviated Company Accounts - SAPHIRA JEWELLERS LIMITED

SAPHIRA JEWELLERS LIMITED - Company Information

06230283 SAPHIRA JEWELLERS LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 06230283 2013-05-01 2014-04-30 06230283 2014-04-30 06230283 2013-04-30 06230283 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 06230283 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 06230283

SAPHIRA JEWELLERS LIMITED

Abbreviated Accounts

30 April 2014

SAPHIRA JEWELLERS LIMITED Registered Number 06230283

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	126,950	126,950
Tangible assets	3	8,365	10,481
		135,315	137,431
Current assets
Stocks		94,000	101,000
Debtors		2,723	6,476
Cash at bank and in hand		1,278	264
		98,001	107,740
Creditors: amounts falling due within one year		(48,349)	(51,430)
Net current assets (liabilities)		49,652	56,310
Total assets less current liabilities		184,967	193,741
Creditors: amounts falling due after more than one year		(175,585)	(185,769)
Total net assets (liabilities)		9,382	7,972
Capital and reserves
Called up share capital	4	200	200
Profit and loss account		9,182	7,772
Shareholders' funds		9,382	7,972

For the year ending 30 April 2014 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 2015

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 2014

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 2013	126,950
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	126,950
Amortisation
At 1 May 2013	-
Charge for the year	-
On disposals	-
At 30 April 2014	-
Net book values
At 30 April 2014	126,950
At 30 April 2013	126,950

3Tangible fixed assets

	£
Cost
At 1 May 2013	32,393
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	32,393
Depreciation
At 1 May 2013	21,912
Charge for the year	2,116
On disposals	-
At 30 April 2014	24,028
Net book values
At 30 April 2014	8,365
At 30 April 2013	10,481

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

	2014 £	2013 £
200 Ordinary shares of £1 each	200	200