Quality Surface Solutions Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08365458 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 FEBRUARY 2014 TO 31 MARCH 2015

FOR

QUALITY SURFACE SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C Browne

SECRETARY:

Y L Browne

REGISTERED OFFICE:

Argent House

5 Goldington Road

Bedford

Bedfordshire

MK40 3JY

REGISTERED NUMBER:

08365458 (England and Wales)

ACCOUNTANTS:

Rawlinson Pryde Limited

Chartered Accountants

Argent House

5 Goldington Road

Bedford

Bedfordshire

MK40 3JY

FIXED ASSETS

Intangible assets

2

130

-

Tangible assets

3

7,131

-

7,261

-

CURRENT ASSETS

Debtors

4

9

1

Cash at bank

27,049

-

27,058

1

CREDITORS

Amounts falling due within one year

32,268

-

NET CURRENT (LIABILITIES)/ASSETS

(5,210

)

1

TOTAL ASSETS LESS CURRENT LIABILITIES

2,051

1

CAPITAL AND RESERVES

Called up share capital

5

100

1

Profit and loss account

1,951

-

SHAREHOLDERS' FUNDS

2,051

1

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 28 January 2016 and were signed by:

C Browne - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The director considers the use of the going concern basis of accounting appropriate because there are no material

uncertainties related to events or conditions that may cast significant doubt about the ability of the company to

continue as a going concern. The director has agreed to support the company to ensure it has adequate financial

resources to continue in operational existence for the foreseeable future.

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 invoiced sales of services, excluding value added tax.

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

-

20% on cost

Computer equipment

-

33% on cost

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

130

At 31 March 2015

130

NET BOOK VALUE

At 31 March 2015

130

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

9,226

At 31 March 2015

9,226

DEPRECIATION

Charge for period

2,095

At 31 March 2015

2,095

NET BOOK VALUE

At 31 March 2015

7,131

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 0 (31.1.14 - £ 1 )

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.1.14

value:

£

£

100

Ordinary

£1

100

-

1

Preference

£1

-

1

100

1

99 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

At the start of the period, the preference share held was converted into a £1 Ordinary share.

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES