Abbreviated Company Accounts - QUARM SOLUTIONS LIMITED

QUARM SOLUTIONS LIMITED - Company Information

05247629 QUARM SOLUTIONS LIMITED 2013-10-31 false 2012-11-01 2013-10-31 true 05247629 2012-11-01 2013-10-31 05247629 2013-10-31 05247629 2012-10-31 05247629 uk-gaap-cd-bus:Director1 2012-11-01 2013-10-31 05247629 uk-gaap-cd-bus:Director2 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-31 iso4217:GBP shares

Registered Number 05247629

QUARM SOLUTIONS LIMITED

Abbreviated Accounts

31 October 2013

QUARM SOLUTIONS LIMITED Registered Number 05247629

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	291	388
		291	388
Current assets
Debtors		40,777	19,146
Cash at bank and in hand		27,666	44,008
		68,443	63,154
Creditors: amounts falling due within one year		(26,745)	(25,205)
Net current assets (liabilities)		41,698	37,949
Total assets less current liabilities		41,989	38,337
Accruals and deferred income		(58)	(78)
Total net assets (liabilities)		41,931	38,259
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		41,831	38,159
Shareholders' funds		41,931	38,259

For the year ending 31 October 2013 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 July 2014

And signed on their behalf by:
C R Brown, Director

QUARM SOLUTIONS LIMITED Registered Number 05247629

Notes to the Abbreviated Accounts for the period ended 31 October 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of services provided during the year and derives from the provision of services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% reducing-balance

2Tangible fixed assets

	£
Cost
At 1 November 2012	2,638
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	2,638
Depreciation
At 1 November 2012	2,250
Charge for the year	97
On disposals	-
At 31 October 2013	2,347
Net book values
At 31 October 2013	291
At 31 October 2012	388

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100