Registration number:
R S & J Limited
trading as
for the Year Ended 28 February 2017
R S & J Limited
trading as The Adam & Eve
Contents
Balance Sheet |
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Notes to the Financial Statements |
R S & J Limited
trading as The Adam & Eve
Registration number: 03904519
Balance Sheet as at 28 February 2017
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2017 |
2016 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current (liabilities)/assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Total equity |
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The director's statements required by sections 475 (2) and (3) are shown on the following page which forms part of this Balance Sheet.
Page 1 |
R S & J Limited
trading as The Adam & Eve
Registration number: 03904519
Balance Sheet as at 28 February 2017 (continued)
For the financial year ending 28 February 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
RE McCluskey
Director
Page 2 |
R S & J Limited
trading as The Adam & Eve
Notes to the Financial Statements for the Year Ended 28 February 2017
General information |
The company is a private company limited by share capital incorporated in United Kingdom.
The address of its registered office is:
England
The principal place of business is:
17 Bishopgate
Norwich
Norfolk
NR3 1RZ
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Page 3 |
R S & J Limited
trading as The Adam & Eve
Notes to the Financial Statements for the Year Ended 28 February 2017 (continued)
2 |
Accounting policies (continued) |
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Furniture and fittings |
15% Reducing balance method |
Short Leasehold Improvements |
5% Straight line method |
Leasehold Buildings |
5% Straight line method |
Equipment |
15% Reducing balance method |
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Page 4 |
R S & J Limited
trading as The Adam & Eve
Notes to the Financial Statements for the Year Ended 28 February 2017 (continued)
Tangible assets |
Land and buildings |
Furniture, fittings and equipment |
Other property, plant and equipment |
Total |
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Cost or valuation |
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At 1 March 2016 |
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Additions |
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At 28 February 2017 |
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Depreciation |
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At 1 March 2016 |
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Charge for the year |
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At 28 February 2017 |
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Carrying amount |
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At 28 February 2017 |
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At 29 February 2016 |
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Included within the net book value of land and buildings above is £Nil (2016 - £Nil) in respect of long leasehold land and buildings and £20,376 (2016 - £25,790) in respect of short leasehold land and buildings.
Stocks |
2017 |
2016 |
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Other inventories |
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Page 5 |
R S & J Limited
trading as The Adam & Eve
Notes to the Financial Statements for the Year Ended 28 February 2017 (continued)
Debtors |
2017 |
2016 |
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Trade debtors |
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Other debtors |
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Total current trade and other debtors |
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Creditors |
Note |
2017 |
2016 |
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Due within one year |
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Trade creditors |
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Director loan account |
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Taxation and social security |
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Other creditors |
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Page 6 |