Quality NDT Inspection Limited,Ltd - Accounts

QUALITY NDT INSPECTION LTD - Company Information

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Quality NDT Inspection Limited

For the year ended 31 August 2015

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 08185359

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Contents Page

Quality NDT Inspection Limited

For the year ended 31 August 2015

Accountants' Report

Balance Sheet

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Notes to the Abbreviated Financial Statements

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Quality NDT Inspection Limited

Accountants' Report

For the year ended 31 August 2015

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the

accounts of Quality NDT Inspection Limited for the year ended 31 August 2015 which comprise 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.

As a practising firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other

professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Quality NDT Inspection Limited, as a body, in accordance

with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval

the accounts of Quality NDT Inspection Limited and state those matters that we have agreed to state to the Board

of Directors of Quality NDT Inspection Limited, as a body, in this report in accordance with the requirements of the

Association of Chartered Certified Accountants and as detailed at http://www.accaglobal.com/factsheet163. To the

fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Quality NDT

Inspection Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Quality NDT Inspection Limited has kept adequate accounting records and to prepare

statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Quality NDT

Inspection Limited. You consider that Quality NDT Inspection Limited is exempt from the statutory audit requirement

for the year.

Hillman & Co

Technology Court

Bradbury Road

Newton Aycliffe

County Durham

DL5 6DA

27 May 2016

Dated:

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Abbreviated Balance Sheet

Quality NDT Inspection Limited

As at 31 August 2015

08185359

Registered Number :

2015

Notes

2014

Fixed assets

Tangible assets

600

810

600

810

Current assets

Debtors

7,344

11,377

Cash at bank and in hand

9,885

18,422

21,262

25,766

Creditors: amounts falling due within one year

(15,646)

(11,981)

10,120

9,281

Net current assets

Total assets less current liabilities

9,881

10,930

Creditors: amounts falling due after more than one year

(7,665)

(4,560)

5,321

Net assets

3,265

Capital and reserves

Called up share capital

Profit and loss account

5,311

3,255

5,321

3,265

Shareholders funds

For the year ended 31 August 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) The director acknowledges his 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.

Date approved by the board: 27 May 2016

Joseph Dodson Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

Quality NDT Inspection Limited

For the year ended 31 August 2015

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved

by the shareholders prior to the balance sheet date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

33% Straight line

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

1,246

At 01 September 2014

132

Additions

At 31 August 2015

1,378

Depreciation

436

At 01 September 2014

342

Charge for year

778

At 31 August 2015

Net book values

At 31 August 2015

600

810

At 31 August 2014

3 Share capital

Allotted called up and fully paid

2015

2014

1 Ordinary share of £1.00 each

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Notes to the Abbreviated Financial Statements

Quality NDT Inspection Limited

For the year ended 31 August 2015

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