Abbreviated Company Accounts - CHELSEA GEMS LTD

Registered Number 05752632

CHELSEA GEMS LTD

Abbreviated Accounts

31 March 2014

CHELSEA GEMS LTD Registered Number 05752632

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	100,000	100,000
		100,000	100,000
Current assets
Cash at bank and in hand		500	500
		500	500
Creditors: amounts falling due within one year		(850)	(850)
Net current assets (liabilities)		(350)	(350)
Total assets less current liabilities		99,650	99,650
Total net assets (liabilities)		99,650	99,650
Capital and reserves
Called up share capital		100,000	100,000
Profit and loss account		(350)	(350)
Shareholders' funds		99,650	99,650

For the year ending 31 March 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 29 December 2014

And signed on their behalf by:
Mladen Hristov, Director

CHELSEA GEMS LTD Registered Number 05752632

Notes to the Abbreviated Accounts for the period ended 31 March 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
The company did not trade

2Fixed assets Investments
Chelsea Gems Ltd holds stock of an USA company