Quality Assured Valeting (Holdings) Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 09247822 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

3 OCTOBER 2014 TO 30 JUNE 2015

FOR

QUALITY ASSURED VALETING

(HOLDINGS) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr G D Ridgway

Mr T Rix

Mr K Churchill

Mr A J Welsh

REGISTERED OFFICE:

Unit 2 Grange Farm Business Park

Grange Road

Hugglescote

Leicestershire

LE67 2BT

REGISTERED NUMBER:

09247822 (England and Wales)

ACCOUNTANTS:

Mark J Rees LLP Chartered Accountants

Granville Hall

Granville Road

Leicester

Leicestershire

LE1 7RU

FIXED ASSETS

Investments

2

2,725,158

CURRENT ASSETS

Debtors

100

CREDITORS

Amounts falling due within one year

1,182,908

NET CURRENT LIABILITIES

(1,182,808

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,542,350

CREDITORS

Amounts falling due after more than one year

1,539,000

NET ASSETS

3,350

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

3,250

SHAREHOLDERS' FUNDS

3,350

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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 23 March 2016 and were signed on its behalf by:

Mr K Churchill - Director

Mr T Rix - Director

Mr A J Welsh - Director

Mr G D Ridgway - 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).

RELATED PARTY EXEMPTION

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related

Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.

TURNOVER

Turnover represents net invoiced sales of services, excluding value added tax.

DEFERRED TAX

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

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

2,725,158

At 30 June 2015

2,725,158

NET BOOK VALUE

At 30 June 2015

2,725,158

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Quality Assured Valeting Limited

Nature of business: Vehicle Valeting

%

Class of shares:

holding

Ordinary

100.00

2015

£

£

Aggregate capital and reserves

566,661

482,707

Profit for the period

175,251

425,396

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

200

Ordinary

£0.50

100