Questwell Ltd - Abbreviated accounts 16.1

Questwell Ltd - Abbreviated accounts 16.1

QUESTWELL LTD - Company Information

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REGISTERED NUMBER: 04524056 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

QUESTWELL LTD

QUESTWELL LTD (REGISTERED NUMBER: 04524056)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015

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Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

QUESTWELL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2015







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DIRECTOR: J Dreyfuss





SECRETARY: J Feldman





REGISTERED OFFICE: 214 Stamford Hill
London
N16 6RA





REGISTERED NUMBER: 04524056 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL
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QUESTWELL LTD (REGISTERED NUMBER: 04524056)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2015

30.9.15 30.9.14
Notes £    £    £    £   
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FIXED ASSETS
Investment property 2 80,001 80,001

CURRENT ASSETS
Debtors 102,560 94,915

CREDITORS
Amounts falling due within one year 4,425 1,970
NET CURRENT ASSETS 98,135 92,945
TOTAL ASSETS LESS CURRENT
LIABILITIES
178,136
172,946

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 178,036 172,846
SHAREHOLDERS' FUNDS 178,136 172,946

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 19 June 2016 and were signed by:





J Dreyfuss - Director


The notes form part of these abbreviated accounts

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QUESTWELL LTD (REGISTERED NUMBER: 04524056)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
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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 rent receivable, excluding value added tax.

Investment properties-depreciation
In accordance with Financial Reporting standard for Smaller Entities (effective April 2008), no depreciation or
amortisation is provided in respect of freehold investment properties nor on leasehold investment properties
having an unexpired term of more than twenty years. This departure from the requirements of the Companies Act
2006, for all properties to be depreciated, is necessary, as the directors consider that this accounting policy
results in the financial statements giving true and fair view.

Investment properties
Investment Properties are included in the Balance Sheet at historical cost, which is not in accordance with
Financial Reporting Standard for Smaller Entities(effective April 2008), which requires such properties to be
stated at current market value.

2. INVESTMENT PROPERTY
Total
£   
COST
At 1 October 2014
and 30 September 2015 80,001
NET BOOK VALUE
At 30 September 2015 80,001
At 30 September 2014 80,001

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.15 30.9.14
value: £    £   
100 Ordinary £1 100 100

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