QA Primo Limited - Period Ending 2018-08-31
QA Primo Limited - Period Ending 2018-08-31
Registration number:
QA Primo Limited
for the Year Ended 31 August 2018
Pages for filing with Registrar
QA Primo Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
QA Primo Limited
Company Information
Director |
P W Scroggs |
Registered office |
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Registered number |
07278353 |
Accountants |
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QA Primo Limited
(Registration number: 07278353)
Balance Sheet as at 31 August 2018
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2018 |
2017 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Share premium reserve |
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Profit and loss account |
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Total equity |
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QA Primo Limited
(Registration number: 07278353)
Balance Sheet as at 31 August 2018
For the financial year ending 31 August 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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QA Primo Limited
Notes to the Financial Statements for the Year Ended 31 August 2018
Statutory information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
Accounting policies |
Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
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QA Primo Limited
Notes to the Financial Statements for the Year Ended 31 August 2018
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Taxation |
No liability to UK corporation tax arose on ordinary activities for the year ended
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QA Primo Limited
Notes to the Financial Statements for the Year Ended 31 August 2018
Investments |
2018 |
2017 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
Cost or valuation |
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At 1 September 2017 |
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Provision |
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Carrying amount |
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At 31 August 2018 |
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At 31 August 2017 |
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Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2018 |
2017 |
Subsidiary undertakings |
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Unit 83
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Ordinary |
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England |
The principal activity of QA Corporate Ltd is |
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QA Primo Limited
Notes to the Financial Statements for the Year Ended 31 August 2018
Debtors: amounts falling due within one year |
2018 |
2017 |
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Other debtors |
- |
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- |
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Creditors |
Creditors: amounts falling due within one year
Note |
2018 |
2017 |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Share capital |
Allotted, called up and fully paid shares
2018 |
2017 |
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No. |
£ |
No. |
£ |
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10,000 |
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10,000 |
Dividends |
Interim dividends paid
2018 |
2017 |
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Interim dividend of £ |
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