QED ADVERTISING & MARKETING LIMITED

QED ADVERTISING & MARKETING LIMITED

QED ADVERTISING & MARKETING LIMITED - Company Information

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QED ADVERTISING & MARKETING LIMITED

Company Registration Number:
02198218 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2019

Period of accounts

Start date: 01 April 2018

End date: 31 March 2019

QED ADVERTISING & MARKETING LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2019

Balance sheet
Notes

QED ADVERTISING & MARKETING LIMITED

Balance sheet

As at 31 March 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 3 38,027 38,406
Total fixed assets: 38,027 38,406
Current assets
Stocks:   6,485
Debtors: 4 151,754 32,938
Cash at bank and in hand: 9,874 164,607
Total current assets: 161,628 204,030
Creditors: amounts falling due within one year: 5 (99,377) (111,476)
Net current assets (liabilities): 62,251 92,554
Total assets less current liabilities: 100,278 130,960
Total net assets (liabilities): 100,278 130,960
Capital and reserves
Called up share capital: 12,000 12,000
Profit and loss account: 88,278 118,960
Shareholders funds: 100,278 130,960

The notes form part of these financial statements

QED ADVERTISING & MARKETING LIMITED

Balance sheet statements

For the year ending 31 March 2019 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 July 2019
and signed on behalf of the board by:

Name: Mr K Leech
Status: Director

The notes form part of these financial statements

QED ADVERTISING & MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Long leasehold property - 2% straight lineFixtures & fittings - 20% reducing balanceMotor vehicles - 25% reducing balanceEquipment - 20% reducing balance

QED ADVERTISING & MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

2. Employees

2019 2018
Average number of employees during the period 5 6

QED ADVERTISING & MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

3. Tangible Assets

Total
Cost £
At 01 April 2018 311,650
Additions 13,699
Disposals (5,121)
At 31 March 2019 320,228
Depreciation
At 01 April 2018 273,244
Charge for year 10,621
On disposals (1,664)
At 31 March 2019 282,201
Net book value
At 31 March 2019 38,027
At 31 March 2018 38,406

QED ADVERTISING & MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

4. Debtors

2019 2018
££
Debtors due after more than one year: 151,754 32,938

QED ADVERTISING & MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

5. Creditors: amounts falling due within one year note

2019 - £99,3772018 - £111,476

QED ADVERTISING & MARKETING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

6. Related party transactions

Name of the related party: K Leech
Relationship:
Director
Description of the Transaction: Dividend
£
Balance at 01 April 2018 29,392
Balance at 31 March 2019 35,496
Name of the related party: J Leech
Relationship:
Director
Description of the Transaction: Dividend
£
Balance at 01 April 2018 34,392
Balance at 31 March 2019 35,496
Name of the related party: T Leech
Relationship:
Director
Description of the Transaction: Dividend
£
Balance at 01 April 2018 5,000
Balance at 31 March 2019 4,000
Name of the related party: G Leech
Relationship:
Director
Description of the Transaction: Dividend
£
Balance at 01 April 2018 5,000
Balance at 31 March 2019 4,000