Abbreviated Company Accounts - SONA JEWELLERS LTD

SONA JEWELLERS LTD - Company Information

07567338 SONA JEWELLERS LTD 2016-03-31 false 2015-04-01 2016-03-31 true 07567338 2015-04-01 2016-03-31 07567338 2016-03-31 07567338 2015-03-31 07567338 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 07567338 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 07567338

SONA JEWELLERS LTD

Abbreviated Accounts

31 March 2016

SONA JEWELLERS LTD Registered Number 07567338

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	24,526	27,251
		24,526	27,251
Current assets
Debtors	3	23,750	23,750
Cash at bank and in hand		229	248
		23,979	23,998
Creditors: amounts falling due within one year	4	(48,575)	(47,945)
Net current assets (liabilities)		(24,596)	(23,947)
Total assets less current liabilities		(70)	3,304
Total net assets (liabilities)		(70)	3,304
Capital and reserves
Called up share capital	5	1	1
Profit and loss account		(71)	3,303
Shareholders' funds		(70)	3,304

For the year ending 31 March 2016 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 12 June 2017

And signed on their behalf by:
Jagrup Sadheura, Director

SONA JEWELLERS LTD Registered Number 07567338

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Long Leasehold Properties reducing balance 15%

2Tangible fixed assets

	£
Cost
At 1 April 2015	37,384
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	37,384
Depreciation
At 1 April 2015	10,133
Charge for the year	2,725
On disposals	-
At 31 March 2016	12,858
Net book values
At 31 March 2016	24,526
At 31 March 2015	27,251

3Debtors

	2016 £	2015 £
Debtors include the following amounts due after more than one year	23,750	23,750

4Creditors

	2016 £	2015 £
Secured Debts	48,575	47,945

5Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1