Quick Move Property Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06994191 (England and Wales)

QUICK MOVE PROPERTY SERVICES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 SEPTEMBER 2017 TO 28 FEBRUARY 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

R A Tilley

REGISTERED OFFICE:

Unit 1

Brooklands Court

Kettering Venture Park

Kettering

Northamptonshire

NN15 6FD

REGISTERED NUMBER:

06994191 (England and Wales)

ACCOUNTANTS:

Haines Watts (SEM) Limited

Unit 1

Brooklands Court

Kettering Venture Park

Kettering

Northamptonshire

NN15 6FD

FIXED ASSETS

Tangible assets

4

-

1,024

CURRENT ASSETS

Debtors

5

-

75

Cash at bank and in hand

-

10,758

-

10,833

CREDITORS

Amounts falling due within one year

6

-

124,967

NET CURRENT LIABILITIES

-

(114,134

)

TOTAL ASSETS LESS CURRENT LIABILITIES

-

(113,110

)

CREDITORS

Amounts falling due after more than one year

7

-

700

NET LIABILITIES

-

(113,810

)

CAPITAL AND RESERVES

Called up share capital

-

200

Retained earnings

-

(114,010

)

-

(113,810

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director on 29 November 2019 and were signed by:

R A Tilley - Director

1.	STATUTORY INFORMATION

Quick Move Property Services Ltd 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 period 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.

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 period was 6 (2017 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 September 2017

1,616

3,890

5,506

Disposals

(1,616

)

(3,890

)

(5,506

)

At 28 February 2019

-

-

-

DEPRECIATION

At 1 September 2017

1,036

3,446

4,482

Charge for period

130

166

296

Eliminated on disposal

(1,166

)

(3,612

)

(4,778

)

At 28 February 2019

-

-

-

NET BOOK VALUE

At 28 February 2019

-

-

-

At 31 August 2017

580

444

1,024

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2017

£

£

Other debtors

-

75

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2017

£

£

Taxation and social security

-

1,937

Other creditors

-

123,030

-

124,967

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2017

£

£

Other creditors

-

700