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REGISTERED NUMBER: 04965799 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

R J SPICER GOLDSMITH LIMITED

R J SPICER GOLDSMITH LIMITED (REGISTERED NUMBER: 04965799)






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


R J SPICER GOLDSMITH LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2018







DIRECTORS: Mr R Spicer
Mrs L Spicer





SECRETARY: Mrs L Spicer





REGISTERED OFFICE: 21 Suffolk Road
Cheltenham
Gloucestershire
GL50 2AF





REGISTERED NUMBER: 04965799 (England and Wales)





ACCOUNTANTS: Kingscott Dix (Cheltenham) Limited
Chartered Accountants
Malvern View Business Park
Stella Way
Bishops Cleeve
Cheltenham
Gloucestershire
GL52 7DQ

R J SPICER GOLDSMITH LIMITED (REGISTERED NUMBER: 04965799)

BALANCE SHEET
31 March 2018

2018 2017
Notes £    £   
FIXED ASSETS
Intangible assets 4 12,160 13,300
Tangible assets 5 4,399 4,916
16,559 18,216

CURRENT ASSETS
Stocks 21,592 20,312
Debtors 6 - 76
Cash at bank and in hand 364,281 269,740
385,873 290,128
CREDITORS
Amounts falling due within one year 7 (387,688 ) (99,517 )
NET CURRENT (LIABILITIES)/ASSETS (1,815 ) 190,611
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,744

208,827

PROVISIONS FOR LIABILITIES (730 ) (611 )
NET ASSETS 14,014 208,216

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 13,914 208,116
SHAREHOLDERS' FUNDS 14,014 208,216

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.

R J SPICER GOLDSMITH LIMITED (REGISTERED NUMBER: 04965799)

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors on 7 November 2018 and were signed on its behalf by:





Mr R Spicer - Director


R J SPICER GOLDSMITH LIMITED (REGISTERED NUMBER: 04965799)

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

1. STATUTORY INFORMATION

R J Spicer Goldsmith 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
The directors are of the opinion that there are no significant judgements or estimations used in preparing the
financial statements.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less
any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - in accordance with the property
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 10% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except
to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.


R J SPICER GOLDSMITH LIMITED (REGISTERED NUMBER: 04965799)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Financial instruments
The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments.
Basic financial instruments are initially recognised at transaction value and subsequently measured at their
settlement value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2017
and 31 March 2018 28,500
AMORTISATION
At 1 April 2017 15,200
Amortisation for year 1,140
At 31 March 2018 16,340
NET BOOK VALUE
At 31 March 2018 12,160
At 31 March 2017 13,300

R J SPICER GOLDSMITH LIMITED (REGISTERED NUMBER: 04965799)

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

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 April 2017
and 31 March 2018 4,898 4,429 9,884 19,211
DEPRECIATION
At 1 April 2017 3,874 3,925 6,496 14,295
Charge for year 102 76 339 517
At 31 March 2018 3,976 4,001 6,835 14,812
NET BOOK VALUE
At 31 March 2018 922 428 3,049 4,399
At 31 March 2017 1,024 504 3,388 4,916

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors - 76

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 28,164 36,248
Amounts owed to group undertakings 300,000 -
Tax 42,801 37,217
Social security and other taxes 9,501 6,560
Directors' current accounts 1,572 16,692
Accrued expenses 5,650 2,800
387,688 99,517

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party
transactions with wholly owned subsidiaries within the group.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is South Field Way (Cheltenham) Ltd.