| QE Ltd |
| Trial balance |
AutoHide is on |
Current year |
Comparative |
| Enter debits as + and credits as - [assets and expenses are debits] |
£ |
£ |
|
| PROFIT AND LOSS ACCOUNT |
| Turnover |
Sales |
-59,500 |
|
-81,750 |
| Cost of sales |
Purchases |
0 |
|
Decrease in stocks |
|
Subcontractor costs |
43,900 |
|
61,100 |
x |
|
Direct labour |
|
Carriage |
|
Discounts allowed |
|
Commissions payable |
|
Other direct costs |
| Distribution costs |
Distribution costs |
| Employee costs |
Wages and salaries |
|
Directors' salaries |
|
Pensions |
|
Bonuses |
|
Employer's NI |
|
Temporary staff and recruitment |
|
Staff training and welfare |
|
Travel and subsistence |
10,477 |
|
9,930 |
|
Motor expenses |
|
Entertaining |
820 |
|
2,244 |
| Premises costs |
Rent |
|
Rates |
|
Service charges |
|
Light and heat |
|
Cleaning |
|
Use of home |
| General admin |
Telephone and internet |
1,645 |
|
1,370 |
|
Postage |
|
Stationery and printing |
814 |
|
845 |
x |
|
Courier services |
|
Information and publications |
|
Subscriptions |
|
Bank charges |
|
Insurance |
140 |
|
140 |
x |
|
Equipment expensed |
958 |
|
Equipment hire |
|
Software |
|
Repairs and maintenance |
|
Depreciation |
|
Amortisation of goodwill |
|
Bad debts |
|
Sundry expenses |
959 |
| Legal and professional costs |
Audit fees |
|
Accountancy fees |
1,040 |
|
500 |
x |
|
Solicitors fees |
|
Consultancy fees |
|
Management fees |
|
Advertising and PR |
3,751 |
|
3,600 |
|
Other legal and professional |
39 |
|
39 |
x |
| Other operating income |
Other operating income |
| Exceptional - p/l on disposal |
Land and buildings |
|
Plant & machinery |
|
Disposal of investments |
| Income from investments |
Income from investments |
| Interest receivable |
Interest receivable |
| Interest payable |
Interest payable |
|
Non-equity dividends |
| Taxation |
Corporation tax |
194 |
|
Corporation tax - prior year adjustments |
|
|
|
|
| Retained (profit)/loss |
4,084 |
|
-829 |
|
| BALANCE SHEET |
| Called up share capital not paid |
Called up share capital not paid |
| Intangible FA |
Cost - b/fwd |
|
Cost - additions |
|
Cost - disposals |
|
Amortisation - b/fwd |
|
Amortisation - provided in year |
|
Amortisation - disposals |
| Land & buildings |
Cost - b/fwd |
|
Cost - additions |
|
Cost - disposals |
|
Depn - b/fwd |
|
Depn - charge for the year |
|
Depn - disposals |
| Plant & machinery |
Cost - b/fwd |
|
Cost - additions |
|
Cost - disposals |
|
Depn - b/fwd |
|
Depn - provided in year |
|
Depn - disposals |
| Motor vehicles |
Cost - b/fwd |
|
Cost - additions |
|
Cost - disposals |
|
Depn - b/fwd |
|
Depn - provided in year |
|
Depn - disposals |
| Investments in subsidiaries |
B/fwd |
|
Additions |
|
Disposals |
| Other investments - listed |
B/fwd |
|
Additions |
|
Disposals |
| Other investments - unlisted |
B/fwd |
|
Additions |
|
Disposals |
| Stocks |
Stocks |
| Debtors |
Trade debtors |
|
Due from group undertakings |
|
Other debtors |
0 |
| Current asset investments |
Listed |
|
Unlisted |
| Cash at bank |
Cash at bank |
179 |
|
3,917 |
|
Overdrafts |
| Prepayments and accrued income |
Prepayments |
|
Accrued income |
| Creditors less than 1yr |
Bank loans |
|
Finance lease and HP contracts |
|
Trade creditors |
0 |
|
Due to group undertakings |
|
Corporation tax |
0 |
|
-194 |
x |
|
Other taxes and social security |
|
Proposed dividends |
|
Accrued preference dividends |
|
Non-equity preference shares |
|
Other creditors |
0 |
| Creditors greater than 1yr |
Bank loans |
|
Finance lease and HP contracts |
|
Trade creditors |
|
Due to group undertakings |
|
Non-equity preference shares |
|
Other creditors |
| Provisions for liabilities |
| Accruals and deferred income |
Accruals |
-540 |
|
0 |
|
Deferred income |
| Share capital |
B/fwd |
-1,000 |
|
-1,000 |
|
Shares issued |
|
Shares redeemed |
| Share premium |
B/fwd |
0 |
|
0 |
|
On shares issued |
|
Expenses of issue |
| Profit and loss account |
B/fwd |
-2,723 |
|
-1,894 |
|
Equity dividends |
|
|
|
|
|
| Totals (all should be zero) |
0 |
|
0 |
|
| QE Ltd |
| Registered number: |
05226262 |
| Balance Sheet |
| as at 30 September 2019 |
|
|
|
|
|
2019 |
|
|
2018 |
| £ |
£ |
|
| Current assets |
|
|
179 |
|
|
3,917 |
| Creditors: amounts falling due within one year |
|
|
- |
|
|
(194) |
| Net current assets |
|
|
|
179 |
|
|
3,723 |
| Total assets less current liabilities |
|
|
|
179 |
|
|
3,723 |
| Accruals and deferred income |
|
|
|
(540) |
|
|
- |
| Net (liabilities)/assets |
|
|
|
(361) |
|
|
3,723 |
|
|
|
|
|
|
|
|
| Capital and reserves |
|
|
|
(361) |
|
|
3,723 |
|
|
|
|
|
|
|
|
| Number |
Number |
| Average number of employees |
|
|
|
- |
|
|
- |
|
|
|
|
|
|
|
|
| The company is a private company limited by shares and incorporated in England. Its registered office is 85 Great Portland Street, London, England, W1W 7LT. |
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| M Medhat |
| Director |
| Approved by the board on 12 June 2020 |
