Abbreviated Company Accounts - QUOTEVINE LIMITED

Abbreviated Company Accounts - QUOTEVINE LIMITED


Registered Number 07877335

QUOTEVINE LIMITED

Abbreviated Accounts

31 December 2013

QUOTEVINE LIMITED Registered Number 07877335

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 1,627 763
1,627 763
Current assets
Debtors 23,467 10,961
Cash at bank and in hand - 24,889
23,467 35,850
Creditors: amounts falling due within one year (19,178) (5,623)
Net current assets (liabilities) 4,289 30,227
Total assets less current liabilities 5,916 30,990
Total net assets (liabilities) 5,916 30,990
Capital and reserves
Called up share capital 3 12 11
Share premium account 174,988 124,999
Other reserves - 50,000
Profit and loss account (169,084) (144,020)
Shareholders' funds 5,916 30,990
  • For the year ending 31 December 2013 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 30 September 2014

And signed on their behalf by:
D Layne, Director

QUOTEVINE LIMITED Registered Number 07877335

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the accounts represents amounts invoiced during the year exclusive of value added tax

Tangible assets depreciation policy
All assets are initially recorded at cost
Depreciation is charged at the following rates:

Office equipment - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 January 2013 1,017
Additions 1,407
Disposals -
Revaluations -
Transfers -
At 31 December 2013 2,424
Depreciation
At 1 January 2013 254
Charge for the year 543
On disposals -
At 31 December 2013 797
Net book values
At 31 December 2013 1,627
At 31 December 2012 763
3Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
1,169 Ordinary shares of £0.01 each (1,111 shares for 2012) 12 11

During the year a further 58 shares were issued