Therma Q Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 09039607 (England and Wales)

Therma Q Limited

Abbreviated Accounts

for the period

14 May 2014 to 30 September 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr R C Marsden

Mrs D J Marsden

REGISTERED OFFICE:

Unit 3 Sandbeds Trading Estate

Dewsbury Road

Ossett

West Yorkshire

WF5 9ND

REGISTERED NUMBER:

09039607 (England and Wales)

ACCOUNTANTS:

Jolliffe Cork LLP

Chartered Accountants

33 George Street

Wakefield

West Yorkshire

WF1 1LX

FIXED ASSETS

Tangible assets

2

45,833

CURRENT ASSETS

Stocks

4,500

Debtors

1,082,152

Cash at bank

268,074

1,354,726

CREDITORS

Amounts falling due within one year

1,329,174

NET CURRENT ASSETS

25,552

TOTAL ASSETS LESS CURRENT LIABILITIES

71,385

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

71,384

SHAREHOLDERS' FUNDS

71,385

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 3 February 2016 and were signed on its behalf by:

Mrs D J Marsden - 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 net invoiced sales of goods, 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.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

20% on cost

Fixed assets are initially recorded at cost.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

54,968

At 30 September 2015

54,968

DEPRECIATION

Charge for period

9,135

At 30 September 2015

9,135

NET BOOK VALUE

At 30 September 2015

45,833

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

1 Ordinary share of £1 was issued during the period for cash of £ 1 .