Abbreviated Company Accounts - Q-BOX LIMITED

05592292 Q-BOX LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 05592292 2013-08-01 2014-07-31 05592292 2014-07-31 05592292 2013-07-31 05592292 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 05592292 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-07-31 iso4217:GBP shares

Registered Number 05592292

Q-BOX LIMITED

Abbreviated Accounts

31 July 2014

Q-BOX LIMITED Registered Number 05592292

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	5,052	4,536
		5,052	4,536
Current assets
Debtors		86,293	108,230
Cash at bank and in hand		60,160	42,719
		146,453	150,949
Creditors: amounts falling due within one year		(15,701)	(19,022)
Net current assets (liabilities)		130,752	131,927
Total assets less current liabilities		135,804	136,463
Total net assets (liabilities)		135,804	136,463
Capital and reserves
Called up share capital	3	200	200
Profit and loss account		135,604	136,263
Shareholders' funds		135,804	136,463

For the year ending 31 July 2014 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 30 April 2015

And signed on their behalf by:
A. Poonie, Director

Q-BOX LIMITED Registered Number 05592292

Notes to the Abbreviated Accounts for the period ended 31 July 2014

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - 25% per annum, reducing balance

Other accounting policies
Fixed assets

All fixed assets are initially recorded at cost.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 1 August 2013	24,953
Additions	2,200
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	27,153
Depreciation
At 1 August 2013	20,417
Charge for the year	1,684
On disposals	-
At 31 July 2014	22,101
Net book values
At 31 July 2014	5,052
At 31 July 2013	4,536

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

	2014 £	2013 £
100 A Ordinary shares of £1 each	100	100
100 B Ordinary shares of £1 each	100	100