true
Argent Contemporary Jewellery Limited
07194951
2016-04-30
-33904
-42274
-33804
-42174
100
100
-33804
-42174
224379
162166
190575
119992
187511
107907
49167
137516
236678
245423
3823
3985
227273
240539
5582
899
3064
12085
0
8000
3064
4085
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover represents the value of goods sold and services provided net of
value added tax.
Amortisation
Amortisation is calculated so as to write off the cost of an asset over
the useful economic life of that asset as follows:
Goodwill-20% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed
at the balance sheet date where transactions or events have occurred at that date that will result in
an obligation to pay more, or a right to pay less or to receive more tax.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in
the periods in which the timing differences reverse, based on tax rates and laws enacted or substantively
enacted at the balance sheet date.
Tangible fixed assets
Tangible fixed assets are initially recorded at cost.
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Fixtures & Fittings
reducing balance
0.2500
80000
80000
80000
72000
8000
11549
11549
8485
7464
1021
91549
91549
88485
79464
9021
Ordinary
1000
1
1000
1000
Ordinary
1
100
100
100
Going concern
The director has indicated that she will provide adequate working capital to enable the company to continue to trade until at least 30 September 2016. Consequently, the accounts have been prepared on a going concern basis.
2016-12-01
Mrs C M Douglas
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Argent Contemporary Jewellery Limited
2015-05-01
2016-04-30
Argent Contemporary Jewellery Limited
2014-05-01
2015-04-30
Argent Contemporary Jewellery Limited
2014-04-30
Argent Contemporary Jewellery Limited
2015-04-30
Argent Contemporary Jewellery Limited
2015-04-30
Argent Contemporary Jewellery Limited
2016-04-30
2016-12-21