Accounts filed on 31-08-2021


Registered number: 04481439






Quoin Building Limited


ACCOUNTS

FOR THE YEAR ENDED 31/08/2021
























Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL


ACCOUNTS
FOR THE YEAR ENDED 31/08/2021





DIRECTORS
P Andrew


REGISTERED OFFICE
31-32 High Street
Wellingborough
Northamptonshire
NN8 4HL


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04481439



ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL


ACCOUNTS
FOR THEYEARENDED31/08/2021



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/08/2021

			2021		2020
	Notes		£		£

FIXED ASSETS
Intangible assets	3		2,100		2,850
Tangible assets	4		1,676		2,234

			3,776		5,084

CURRENT ASSETS
Stock		2,450		-
Debtors	6	38,768		25,466
Cash at bank and in hand		13,220		20,625
		54,438		46,091
CREDITORS: Amounts falling due within one year	7	17,981		4,667
NET CURRENT ASSETS			36,457		41,424
TOTAL ASSETS LESS CURRENT LIABILITIES			40,233		46,508

CAPITAL AND RESERVES

Called up share capital	8		1		1
Profit and loss account			40,232		46,507
SHAREHOLDERS' FUNDS			40,233		46,508

For the year ending 31/08/2021 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 21/04/2022 and signed on their behalf by



.............................
P Andrew
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Commercial Vehicles		reducing balance 25%
Equipment		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




6. DEBTORS	2021	2020
	£	£
Amounts falling due within one year
Trade debtors	38,768	25,466
	38,768	25,466




7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
	£	£
UK corporation tax	712	-
VAT	1,675	503
PAYE control	-	74
Directors current account	3,974	3,140
Trade creditors	10,630	-
Accruals	990	950
	17,981	4,667




8. SHARE CAPITAL	2021	2020
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1