CREATIVE JEWELS LIMITED

CREATIVE JEWELS LIMITED

CREATIVE JEWELS LIMITED - Company Information

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CREATIVE JEWELS LIMITED

Company Registration Number:
00998086 (England and Wales)

Unaudited abridged accounts for the year ended 30 December 2018

Period of accounts

Start date: 01 January 2018

End date: 30 December 2018

CREATIVE JEWELS LIMITED

Contents of the Financial Statements

for the Period Ended 30 December 2018

Balance sheet
Notes

CREATIVE JEWELS LIMITED

Balance sheet

As at 30 December 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 16,266 16,687
Total fixed assets: 16,266 16,687
Current assets
Stocks: 79,671 97,067
Debtors: 4 27,363 32,968
Cash at bank and in hand:   5,152
Total current assets: 107,034 135,187
Creditors: amounts falling due within one year: 5 (37,474) (62,974)
Net current assets (liabilities): 69,560 72,213
Total assets less current liabilities: 85,826 88,900
Total net assets (liabilities): 85,826 88,900
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 85,726 88,800
Shareholders funds: 85,826 88,900

The notes form part of these financial statements

CREATIVE JEWELS LIMITED

Balance sheet statements

For the year ending 30 December 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 December 2019
and signed on behalf of the board by:

Name: M M FREILICH
Status: Director

The notes form part of these financial statements

CREATIVE JEWELS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

DEPRECIATION IS PROVIDED AT THE FOLLOWING ANNUAL RATES IN ORDER TO WRITE OFF EACH ASSET OVER ITS ESTIMATED USEFUL LIFE: LAND & BUILDINGS-NIL; OFFICE EQUIPMENT-25% NET BOOK VALUE

CREATIVE JEWELS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2018

2. Employees

2018 2017
Average number of employees during the period 5 4

CREATIVE JEWELS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2018

3. Tangible Assets

Total
Cost £
At 01 January 2018 17,250
At 30 December 2018 17,250
Depreciation
At 01 January 2018 563
Charge for year 421
At 30 December 2018 984
Net book value
At 30 December 2018 16,266
At 31 December 2017 16,687

CREATIVE JEWELS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2018

4. Debtors

Trade debtors £27,363 (2017: £32,968)

CREATIVE JEWELS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2018

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts:£23,822(2017:£29,970),Trade creditors:£5,708(2017:£13,866),Taxation and social security:£3,882(2017:£3,083),Accruals and deferred income:£4,040(2017:£4,000),Other creditors:£22(2017:£12,055),Total:£37,474(2017:£62,974)