Cornerstone Jewellers (Goldthorpe) Ltd - Limited company - abbreviated - 11.0.0
Cornerstone Jewellers (Goldthorpe) Ltd - Limited company - abbreviated - 11.0.0
REGISTERED NUMBER: |
CORNERSTONE JEWELLERS (GOLDTHORPE) LTD |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 JULY 2014 |
CORNERSTONE JEWELLERS (GOLDTHORPE) LTD (REGISTERED NUMBER: 07313968) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 JULY 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
CORNERSTONE JEWELLERS (GOLDTHORPE) LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 JULY 2014 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
CORNERSTONE JEWELLERS (GOLDTHORPE) LTD (REGISTERED NUMBER: 07313968) |
ABBREVIATED BALANCE SHEET |
31 JULY 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors | 3 |
Cash in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET (LIABILITIES)/ASSETS | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
CORNERSTONE JEWELLERS (GOLDTHORPE) LTD (REGISTERED NUMBER: 07313968) |
ABBREVIATED BALANCE SHEET - continued |
31 JULY 2014 |
The financial statements were approved by the Board of Directors on |
CORNERSTONE JEWELLERS (GOLDTHORPE) LTD (REGISTERED NUMBER: 07313968) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 JULY 2014 |
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 |
Plant and machinery etc | - |
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. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 August 2013 |
and 31 July 2014 |
DEPRECIATION |
At 1 August 2013 |
Charge for year |
At 31 July 2014 |
NET BOOK VALUE |
At 31 July 2014 |
At 31 July 2013 |
3. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
The aggregate total of debtors falling due after more than one year is £ |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £1 |
CORNERSTONE JEWELLERS (GOLDTHORPE) LTD (REGISTERED NUMBER: 07313968) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 JULY 2014 |
5. | CONTROLLING PARTY |
The company is controlled by the directors who own 100% of the issued share capital. |
6. | GOING CONCERN |
The financial statements have been prepared on the going concern basis, notwithstanding net liabilities of £8,066 |
which the directors believe to be appropriate for the following reasons. The company is dependent for its |
working capital on funds provided to it by the directors and the support of the bank. The directors will continue |
to provide the company with an undertaking that for at least 12 months from the date of approval of these |
financial statements and will not seek repayment of the amounts currently made available. This should enable |
the company to continue in operational existence for the foreseeable future by meeting its liabilities as they fall |
due for payment. |
Based on this assurance the directors believe that it remains appropriate to prepare the financial statements on a |
going concern basis. The financial statements do not include any adjustments that would result from the basis of |
preparation being inappropriate. |