Qualmark Limited Filleted accounts for Companies House (small and micro)
Qualmark Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
3017605
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FOR THE YEAR ENDED |
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STATEMENT OF FINANCIAL POSITION |
2020 |
2019 |
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Note |
£ |
£ |
£ |
£ |
FIXED ASSETS
Tangible assets |
5 |
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CURRENT ASSETS
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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---------- |
---------- |
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CREDITORS: amounts falling due within one year |
7 |
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---------- |
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NET CURRENT ASSETS |
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---------- |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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PROVISIONS
Taxation including deferred tax |
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NET ASSETS |
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---------- |
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STATEMENT OF FINANCIAL POSITION (continued) |
2020 |
2019 |
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Note |
£ |
£ |
£ |
£ |
CAPITAL AND RESERVES
Called up share capital |
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Profit and loss account |
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SHAREHOLDERS FUNDS |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
9 December 2020
, and are signed on behalf of the board by:
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Director |
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Company registration number:
3017605
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NOTES TO THE FINANCIAL STATEMENTS |
YEAR ENDED 29 FEBRUARY 2020
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England. The address of the registered office is Nyhavn Farm, Darrington Road, Carlton, Pontefract, WF8 3RY.
2.
STATEMENT OF COMPLIANCE
3.
ACCOUNTING POLICIES
(a)
Basis of preparation
(b)
Revenue recognition
(c)
Current & deferred tax
(d)
Tangible assets
(e)
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & Machinery |
- |
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Computer Equipment |
- |
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(f)
Stocks
(g)
Financial instruments
4.
EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to
2
(2019:
2
).
5.
TANGIBLE ASSETS
Plant and machinery |
Equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 March 2019 and 29 February 2020 |
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-------- |
------- |
-------- |
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Depreciation |
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At 1 March 2019 |
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Charge for the year |
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-------- |
------- |
-------- |
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At 29 February 2020 |
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-------- |
------- |
-------- |
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Carrying amount |
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At 29 February 2020 |
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-------- |
------- |
-------- |
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At 28 February 2019 |
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-------- |
------- |
-------- |
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6.
DEBTORS
2020 |
2019 |
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£ |
£ |
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Corporation tax repayable |
– |
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Other debtors |
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– |
------- |
------- |
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------- |
------- |
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7.
CREDITORS:
amounts falling due within one year
2020 |
2019 |
|
£ |
£ |
|
Accruals and deferred income |
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Corporation tax |
|
– |
Social security and other taxes |
– |
|
Directors current accounts |
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-------- |
-------- |
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-------- |
-------- |
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8.
EVENTS AFTER THE END OF THE REPORTING PERIOD
9.
DIRECTORS' ADVANCES, CREDITS AND GUARANTEES
During the year the directors entered into the following advances and credits with the company:
2020 |
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Balance brought forward |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
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– |
– |
– |
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– |
– |
– |
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---- |
---- |
---- |
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– |
– |
– |
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---- |
---- |
---- |
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2019 |
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Balance brought forward |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
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(
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– |
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(
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– |
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------- |
------- |
---- |
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(
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– |
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------- |
------- |
---- |
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10.
RELATED PARTY TRANSACTIONS
During the period the company made available loans to
the directors
. These loans were interest free and repayable on demand. The balance owed to the directors at the year end was £ 30,954
(2019: £ 28,219
).