Company Registration No. 05758724 (England and Wales)
Ortons Jewellery Limited
Unaudited accounts
for the year ended 31 March 2020
Ortons Jewellery Limited
Unaudited accounts
Contents
Ortons Jewellery Limited
Company Information
for the year ended 31 March 2020
Company Number
05758724 (England and Wales)
Registered Office
6-7 Market Street
Bradford on Avon
Wiltshire
BA15 1LH
Accountants
Melanie Harrison Bookkeeping and Accountancy Services
6 Shakespeare Drive
Marlborough
Wiltshire
SN8 1UF
Ortons Jewellery Limited
Statement of financial position
as at
31 March 2020
Cash at bank and in hand
108,874
Creditors: amounts falling due within one year
(111,571)
Net current assets
164,238
Called up share capital
1,000
Profit and loss account
206,272
Shareholders' funds
207,272
For the year ending 31 March 2020 the company was entitled to exemption from audit 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 1 December 2020 and were signed on its behalf by
Lee Orton
Director
Company Registration No. 05758724
Ortons Jewellery Limited
Notes to the Accounts
for the year ended 31 March 2020
Ortons Jewellery Limited is a private company, limited by shares, registered in England and Wales, registration number 05758724. The registered office is 6-7 Market Street, Bradford on Avon, Wiltshire, BA15 1LH.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
4% Reducing Balance
Plant & machinery
25% Reducing Balance
Computer equipment
33% Straight ine
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Ortons Jewellery Limited
Notes to the Accounts
for the year ended 31 March 2020
5
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2019
5,975
41,686
-
47,661
Additions
-
6,630
1,185
7,815
At 31 March 2020
5,975
48,316
1,185
55,476
At 1 April 2019
1,690
24,142
-
25,832
Charge for the year
171
6,044
395
6,610
At 31 March 2020
1,861
30,186
395
32,442
At 31 March 2020
4,114
18,130
790
23,034
Accrued income and prepayments
3,203
8
Creditors: amounts falling due within one year
2020
Taxes and social security
27,443
Loans from directors
2,350
9
Average number of employees
During the year the average number of employees was 3.