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REGISTERED NUMBER: 04655931 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018

FOR

SCARLETT JEWELLERY LIMITED

SCARLETT JEWELLERY LIMITED (REGISTERED NUMBER: 04655931)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SCARLETT JEWELLERY LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2018







DIRECTORS: Miss S Holmes
T Norman





REGISTERED OFFICE: 4 Prince William Close
Worthing
West Sussex
BN14 0AZ





REGISTERED NUMBER: 04655931 (England and Wales)





ACCOUNTANTS: Badcock Business Solutions
Chartered Accountants
4 Prince William Close
Worthing
West Sussex
BN14 0AZ

SCARLETT JEWELLERY LIMITED (REGISTERED NUMBER: 04655931)

BALANCE SHEET
31 March 2018

31/3/18 31/3/17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,653 2,731

CURRENT ASSETS
Stocks 52,309 62,252
Debtors 5 9,206 16,699
Cash at bank and in hand 3,999 266
65,514 79,217
CREDITORS
Amounts falling due within one year 6 39,333 61,661
NET CURRENT ASSETS 26,181 17,556
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,834

20,287

CREDITORS
Amounts falling due after more than one
year

7

20,000

20,000
NET ASSETS 7,834 287

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 7,833 286
SHAREHOLDERS' FUNDS 7,834 287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

SCARLETT JEWELLERY LIMITED (REGISTERED NUMBER: 04655931)

BALANCE SHEET - continued
31 March 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 19 June 2018 and were signed on its behalf by:





Miss S Holmes - Director


SCARLETT JEWELLERY LIMITED (REGISTERED NUMBER: 04655931)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Scarlett Jewellery Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 5 ) .

SCARLETT JEWELLERY LIMITED (REGISTERED NUMBER: 04655931)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2018

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2017
and 31 March 2018 14,662 6,781 21,443
DEPRECIATION
At 1 April 2017 12,573 6,139 18,712
Charge for year 595 483 1,078
At 31 March 2018 13,168 6,622 19,790
NET BOOK VALUE
At 31 March 2018 1,494 159 1,653
At 31 March 2017 2,089 642 2,731

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/18 31/3/17
£    £   
Trade debtors 2,069 8,131
Other debtors 7,137 8,568
9,206 16,699

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/18 31/3/17
£    £   
Bank loans and overdrafts 3,892 19,827
Trade creditors 13,546 16,984
Taxation and social security 799 3,753
Other creditors 21,096 21,097
39,333 61,661

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/18 31/3/17
£    £   
Other creditors 20,000 20,000