Qlence Ltd - Abbreviated accounts

Registered number

05900861

Qlence Ltd

Report and Accounts

30 September 2021

Qlence Ltd
Balance Sheet
as at 30 September 2021

		2021			2020
£			£

Fixed assets		411			810
Current assets	61,668			42,878
	61,668			42,878
Creditors: amounts falling due within one year	(43,097)			(29,338)
Net current assets		18,571			13,540
Total assets less current liabilities		18,982			14,350

Net assets		18,982			14,350

Capital and reserves		18,982			14,350

The director controls the company. During the year the company paid £312 (2020 : £208) to M Sinha for use of home as office. During the year M Sinha had a director's loan account with the company. The loan is interest free and there are no fixed terms of repayment. The balance outstanding at the balance sheet date was £7,993 (2020 : £6,696 ) and the maximum balance outstanding during the year was £7,993 (2020 : £6,696). To the extent that any part of the loan remains outstanding by 30 June 2022 the company would be required to pay 32.5% tax, subsequently recoverable on the repayment of the loan.

During the period there was 1 employee of the company.


The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.

The company's registered office is at SUITE 1 SECOND FLOOR EVERDENE HOUSE, DEANSLEIGH ROAD, BOURNEMOUTH, ENGLAND, BH7 7DU.


M Sinha
Director
Approved by the board on 3 July 2022