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GEMSTONE DEVELOPMENTS LIMITED - Company Information

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Gemstone Developments Limited

Registered Number:08027334

For the year ended 30 April 2018

England and Wales

Unaudited Financial Statements

For the year ended 30 April 2018

Gemstone Developments Limited

Contents Page

Statement of Financial Position

Notes to the Financial Statements

As at 30 April 2018

Gemstone Developments Limited

Statement of Financial Position

Registered Number :

08027334

2017

2018

Fixed assets

440,000

Investment property

440,000

Current assets

550,040

Cash and cash equivalents

1,128,550

550,040

Trade and other payables: amounts falling due within one

year

(33,023)

(37,107)

517,017

1,091,443

Net current assets

Total assets less current liabilities

1,531,443

957,017

Trade and other payables: amounts falling due after more

than one year

(589,229)

(1,010,896)

520,547

Net assets

367,788

Capital and reserves

Called up share capital

Retained earnings

520,546

367,787

520,547

367,788

Shareholders' funds

For the year ended 30 April 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mr Bhupinder Singh Chana Director

These financial statements were approved and authorised for issue by the Board on 31 January 2019 and were signed by:

The notes form part of these financial statements

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For the year ended 30 April 2018

Gemstone Developments Limited

Notes to the Financial Statements

Statutory Information

Gemstone Developments Limited is a private limited company, limited by shares, domiciled in England and Wales,

registration number 08027334.

Registered address:

26 Plashet Grove

East Ham,

London United Kingd

Essex

IG7 6PJ

The presentation currency is £ sterling.

Full provision is made for deferred taxation resulting from timing differences between the

recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred

taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in

the periods when the timing differences will reverse.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

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