Quested Monitoring Systems Limited - Abbreviated accounts

Registered number

01911844

Quested Monitoring Systems Limited

Abbreviated Accounts

31 December 2015

Quested Monitoring Systems Limited
Registered number:		01911844
Abbreviated Balance Sheet
as at 31 December 2015

Notes			2015			2014
£				£
Current assets
Stocks		111,101			121,324
Debtors		8,844			6,692
Cash at bank and in hand		15,149			29,323
		135,094			157,339

Creditors: amounts falling due within one year		(61,369)			(67,766)

Net current assets			73,725			89,573

Net assets			73,725			89,573

Capital and reserves
Called up share capital	2		288,022			288,022
Profit and loss account			(214,297)			(198,449)

Shareholders' funds			73,725			89,573

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr R Quested
Director
Approved by the board on 22 June 2016

Quested Monitoring Systems Limited
Notes to the Abbreviated Accounts
for the year ended 31 December 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		288,022		288,022		288,022