Quaker Star Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05251358 (England and Wales)

Quaker Star Limited

Abbreviated Unaudited Accounts For The Year Ended 31 October 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr H Shuaib

SECRETARY:

Miss C De Souza

REGISTERED OFFICE:

Building 15, Gateway 1000

Arlington Business Park

Stevenage

Hertfordshire

SG1 2FP

REGISTERED NUMBER:

05251358 (England and Wales)

ACCOUNTANTS:

Streets ISA Limited

Building 15, Gateway 1000

Arlington Business Park

Stevenage

Hertfordshire

SG1 2FP

FIXED ASSETS

Tangible assets

2

4,754

1,201

CURRENT ASSETS

Debtors

950

2,764

Cash at bank

36,351

44,691

37,301

47,455

CREDITORS

Amounts falling due within one year

(29,158

)

(31,269

)

NET CURRENT ASSETS

8,143

16,186

TOTAL ASSETS LESS CURRENT LIABILITIES

12,897

17,387

PROVISIONS FOR LIABILITIES

-

(19

)

NET ASSETS

12,897

17,368

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

12,797

17,268

SHAREHOLDERS' FUNDS

12,897

17,368

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2013 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 23 July 2014 and were signed by:

Mr H Shuaib - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

In respect of long-term contracts for ongoing services, turnover represents the value of work done in the year,

including estimates of amounts invoiced. Turnover in respect of long-term contracts and contracts for ongoing

services is recognised by reference to the stage of completion.

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2012

9,414

Additions

5,517

At 31 October 2013

14,931

DEPRECIATION

At 1 November 2012

8,213

Charge for year

1,964

At 31 October 2013

10,177

NET BOOK VALUE

At 31 October 2013

4,754

At 31 October 2012

1,201

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

100

Ordinary

£1

100

100