Quick Deal Property's Ltd - Limited company - abbreviated - 11.6
Quick Deal Property's Ltd - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
Abbreviated Accounts for the Year Ended 30 June 2015 |
for |
Quick Deal Property's Ltd |
Quick Deal Property's Ltd (Registered number: 03590326) |
Contents of the Abbreviated Accounts |
for the Year Ended 30 June 2015 |
Page |
Company Information | 1 |
Accountants' Report | 2 |
Abbreviated Balance Sheet | 3 |
Notes to the Abbreviated Accounts | 5 |
Quick Deal Property's Ltd |
Company Information |
for the Year Ended 30 June 2015 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Accounting and Tax Solutions |
Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Quick Deal Property's Ltd |
The following reproduces the text of the report prepared for the directors in respect of the company's |
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on |
pages three to six) have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval |
the financial statements of Quick Deal Property's Ltd for the period ended 30 June 2015 which comprises the |
Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records |
and from information and explanations you have given us. |
This report is made solely to the Board of Directors of Quick Deal Property's Ltd, as a body, in accordance |
with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the |
financial statements of Quick Deal Property's Ltd and state those matters that we have agreed to state to the |
Board of Directors of Quick Deal Property's Ltd, as a body, and for no other purpose. To the fullest extent |
permitted by law, we do not accept or assume responsibility to anyone other than the company and the Board |
of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Quick Deal Property's Ltd has kept adequate accounting records and to prepare |
statutory financial statements that give a true and fair view of the assets, liabilities, financial position of profit |
or loss of Quick Deal Property's Ltd. You consider that Quick Deal Property's Ltd is exempt from the statutory |
audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Quick Deal |
Property's Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records |
or information and explanations you have given us and we do not, therefore, express any opinion on the |
statutory financial statements. |
Accounting and Tax Solutions |
18 March 2016 |
Quick Deal Property's Ltd (Registered number: 03590326) |
Abbreviated Balance Sheet |
30 June 2015 |
2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
3 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
Quick Deal Property's Ltd (Registered number: 03590326) |
Abbreviated Balance Sheet - continued |
30 June 2015 |
The financial statements were approved by the Board of Directors on behalf by: |
Quick Deal Property's Ltd (Registered number: 03590326) |
Notes to the Abbreviated Accounts |
for the Year Ended 30 June 2015 |
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 services, excluding value added tax. |
Tangible fixed assets |
Freehold property | - |
Fixtures and fittings | - |
Computer equipment | - |
Taxation |
Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that |
have been enacted or substantively enacted by the balance sheet date. |
Deferred taxation is accounted for at expected tax rates on all differences arising from the inclusion of |
items of income and expenditure in taxation computations in periods different from those in which they |
are included in the financial statements. A deferred tax asset is only recognised when it is more likely |
than not that the asset will be recoverable in the foreseeable future out of suitable taxable profits from |
which the underlying timing differences can be deducted. |
Going concern |
The financial statements have been prepared on a going concern basis. This may not be appropriate |
because the company's liabilities exceed its assets. |
In the opinion of the directors this basis is correct in that the company has adequate ongoing financial |
support from the creditors the largest of which is the bank who are owed £130,874 as at 30 June 2015. |
Should the company be unable to continue trading then adjustments would have to be made to reduce |
the value of the assets to their recoverable amount, provide for any further liabilities which arise and to |
reclassify fixed assets as current assets. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 July 2014 |
Additions |
At 30 June 2015 |
DEPRECIATION |
At 1 July 2014 |
Charge for year |
At 30 June 2015 |
NET BOOK VALUE |
At 30 June 2015 |
At 30 June 2014 |
Quick Deal Property's Ltd (Registered number: 03590326) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 30 June 2015 |
3. | CREDITORS |
Creditors include an amount of £ |
They also include the following debts falling due in more than five years: |
2015 | 2014 |
£ | £ |
Repayable otherwise than by instalments | 130,874 | 130,874 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
Ordinary shares | £1 |