Abbreviated Company Accounts - QUALITY CARPET & FURNITURE LIMITED

Abbreviated Company Accounts - QUALITY CARPET & FURNITURE LIMITED

QUALITY CARPET & FURNITURE LIMITED - Company Information

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Registered Number 06780549

QUALITY CARPET & FURNITURE LIMITED

Abbreviated Accounts

31 December 2014

QUALITY CARPET & FURNITURE LIMITED Registered Number 06780549

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Called up share capital not paid 100 100
Fixed assets
Tangible assets 2 5,603 5,603
5,603 5,603
Current assets
Stocks 101,410 101,410
Cash at bank and in hand 2,616 2,616
104,026 104,026
Creditors: amounts falling due within one year (3,293) (3,293)
Net current assets (liabilities) 100,733 100,733
Total assets less current liabilities 106,436 106,436
Creditors: amounts falling due after more than one year (85,764) (85,764)
Total net assets (liabilities) 20,672 20,672
Capital and reserves
Called up share capital 100 100
Profit and loss account 20,572 20,572
Shareholders' funds 20,672 20,672
  • For the year ending 31 December 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 22 November 2015

And signed on their behalf by:
Tahir Mahmood, Director

QUALITY CARPET & FURNITURE LIMITED Registered Number 06780549

Notes to the Abbreviated Accounts for the period ended 31 December 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.

2Tangible fixed assets
£
Cost
At 1 January 2014 5,603
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 5,603
Depreciation
At 1 January 2014 -
Charge for the year -
On disposals -
At 31 December 2014 -
Net book values
At 31 December 2014 5,603
At 31 December 2013 5,603