Accounts filed on 31-08-2015


Registered number: 04481439






Quoin Building Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31/08/2015
























Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31/08/2015

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 04481439


Registered Number: 04481439

BALANCE SHEET AT 31/08/2015

			2015		2014
	Notes		£		£

FIXED ASSETS
Intangible assets	2		6,600		7,350
Tangible assets	3		9,417		4,308

			16,017		11,658

CURRENT ASSETS
Stock		5,250		32,990
Debtors (amounts falling due within one year)	4	10,750		30,791
Cash at bank and in hand		116,073		40,456
		132,073		104,237
CREDITORS: Amounts falling due within one year		26,306		21,532
NET CURRENT ASSETS			105,767		82,705
TOTAL ASSETS LESS CURRENT LIABILITIES			121,784		94,363


CREDITORS: Amounts falling due after more than one year	5		6,635		-

NET ASSETS			115,149		94,363

CAPITAL AND RESERVES

Called up share capital	6		1		1
Profit and loss account			115,148		94,362
SHAREHOLDERS' FUNDS			115,149		94,363

For the year ending 31/08/2015 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 20/04/2016 and signed on their behalf by




P Andrew
Director

1. ACCOUNTING POLICIES


1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).


1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).


1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Commercial Vehicles		%
Equipment		%


1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.


1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.


1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.


1g. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.


4. DEBTORS	2015	2014
	£	£

Amounts falling due within one year:
Trade debtors	5,986	9,685
VAT	4,764	21,106
	10,750	30,791


5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2015	2014
	£	£
Other creditors	6,635	-
	6,635	-


Included in other creditors are:
Obligations under hire purchase	6,635	-


6. SHARE CAPITAL	2015	2014
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1