Company Registration No. 07119543 (England and Wales)
Hands Personal Jewellers Ltd
Unaudited accounts
for the year ended 31 January 2019
Hands Personal Jewellers Ltd
Unaudited accounts
Contents
Hands Personal Jewellers Ltd
Company Information
for the year ended 31 January 2019
Directors
Bradley Hands
Kay Toni Hands
Company Number
07119543 (England and Wales)
Registered Office
3 TUDOR COURT TUDOR COURT ROAD
HAROLD PARK
ROMFORD
ESSEX
RM3 0AE
UK
Hands Personal Jewellers Ltd
Statement of financial position
as at
31 January 2019
Cash at bank and in hand
100
100
Net current assets
100
100
Called up share capital
100
100
Shareholders' funds
100
100
For the year ending 31 January 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 20 February 2019.
Bradley Hands
Director
Company Registration No. 07119543
Hands Personal Jewellers Ltd
Notes to the Accounts
for the year ended 31 January 2019
Hands Personal Jewellers Ltd is a private company, limited by shares, registered in England and Wales, registration number 07119543. The registered office is 3 TUDOR COURT TUDOR COURT ROAD, HAROLD PARK, ROMFORD, ESSEX, RM3 0AE, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Plant and Machinery - 20% on cost, Fixtures and fittings - 10% on cost, Motor vehicles - 20% on cost.
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Valuation information and policy
Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Other accounting policies
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. Research and Development Expenditure on research and development is written off in the year in which it is incurred.
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Share capital
2019
2018
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Hands Personal Jewellers Ltd
Notes to the Accounts
for the year ended 31 January 2019
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Average number of employees
During the year the average number of employees was 0 (2018: 0).