Abbreviated Company Accounts - QHOR LIMITED

08651622 QHOR LIMITED 2014-08-31 false 2013-08-15 2014-08-31 true 08651622 2013-08-15 2014-08-31 08651622 2014-08-31 08651622 uk-gaap-cd-bus:Director1 2013-08-15 2014-08-31 08651622 uk-gaap-cd-bus:Director2 2013-08-15 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-15 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 08651622

QHOR LIMITED

Abbreviated Accounts

31 August 2014

QHOR LIMITED Registered Number 08651622

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	3,329
		3,329
Current assets
Debtors		345
Cash at bank and in hand		16,712
		17,057
Creditors: amounts falling due within one year		(15,991)
Net current assets (liabilities)		1,066
Total assets less current liabilities		4,395
Provisions for liabilities		(666)
Total net assets (liabilities)		3,729
Capital and reserves
Called up share capital	3	100
Profit and loss account		3,629
Shareholders' funds		3,729

For the year ending 31 August 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 14 May 2015

And signed on their behalf by:
M Qhoraish, Director

QHOR LIMITED Registered Number 08651622

Notes to the Abbreviated Accounts for the period ended 31 August 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
Turnover represents the total invoice value, excluding value added tax, of sales made during the period 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:

Computer equipment - 33% straight line
Fixtures, fittings and equipment - 25% reducing balance

Other accounting policies
Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax, with the following exceptions:
Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

2Tangible fixed assets

	£
Cost
Additions	4,781
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	4,781
Depreciation
Charge for the year	1,452
On disposals	-
At 31 August 2014	1,452
Net book values
At 31 August 2014	3,329

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

	2014 £
100 Ordinary shares of £1 each	100

Equity shares
100 Ordinary shares of £1 each 2014: £100