Q8 Satellite & Aerial Services Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08523489 (England and Wales)

Q8 SATELLITE & AERIAL SERVICES LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Director:

Mr I Ahmed

Registered office:

534 Harrow Road

Harrow

London

W9 3QF

Registered number:

08523489 (England and Wales)

Accountants:

M. Parmar & Co.

Chartered Accountants

First Floor

244 Edgware Road

London

W2 1DS

Fixed assets

Tangible assets

2

2,572

2,256

Current assets

Stocks

385

290

Cash in hand

1,399

714

1,784

1,004

Creditors

Amounts falling due within one year

1,618

3,099

Net current assets/(liabilities)

166

(2,095

)

Total assets less current liabilities

2,738

161

Capital and reserves

Called up share capital

3

1

1

Profit and loss account

2,737

160

Shareholders' funds

2,738

161

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 29 July 2015 and were signed by:

Mr I Ahmed - Director

1.	Accounting policies

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents amounts receivable for services provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	Tangible fixed assets

Total

£

Cost

At 1 June 2014

2,820

Additions

959

At 31 May 2015

3,779

Depreciation

At 1 June 2014

564

Charge for year

643

At 31 May 2015

1,207

Net book value

At 31 May 2015

2,572

At 31 May 2014

2,256

3.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

1

1

1