Abbreviated Company Accounts - QUEENSLAND HOUSE LTD

QUEENSLAND HOUSE LTD - Company Information

06594739 QUEENSLAND HOUSE LTD 2014-05-31 false 2013-06-01 2014-05-31 true 06594739 2013-06-01 2014-05-31 06594739 2014-05-31 06594739 2013-05-31 06594739 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 06594739 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 06594739

QUEENSLAND HOUSE LTD

Abbreviated Accounts

31 May 2014

QUEENSLAND HOUSE LTD Registered Number 06594739

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	71	95
		71	95
Current assets
Debtors		15,047	8,243
Cash at bank and in hand		10,289	5,949
		25,336	14,192
Creditors: amounts falling due within one year		(12,065)	(14,183)
Net current assets (liabilities)		13,271	9
Total assets less current liabilities		13,342	104
Provisions for liabilities		(14)	(19)
Total net assets (liabilities)		13,328	85
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		13,327	84
Shareholders' funds		13,328	85

For the year ending 31 May 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 3 September 2014

And signed on their behalf by:
Mr M W Haywood, Director

QUEENSLAND HOUSE LTD Registered Number 06594739

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

Despite an uncertain economic outlook inventory orders continue to be received and sales are expected to improve next year. The directors have therefore adopted the going concern basis of accounts preparation.

Turnover policy
Turnover represents amounts receivable for project consultancy services net of VAT.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment 25% Reducing Balance Method

2Tangible fixed assets

	£
Cost
At 1 June 2013	400
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	400
Depreciation
At 1 June 2013	305
Charge for the year	24
On disposals	-
At 31 May 2014	329
Net book values
At 31 May 2014	71
At 31 May 2013	95

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1