Accounts filed on 31-03-2016

Accounts filed on 31-03-2016

CQ CONSULTANCY LIMITED - Company Information

Print Friendly Version

054188152015-04-012016-03-31falsetruehttp://www.companieshouse.gov.uk/2015-03-31http://www.companieshouse.gov.uk/cd:Director12015-04-012016-03-31http://www.companieshouse.gov.uk/pt:FixturesFittings2015-03-31http://www.companieshouse.gov.uk/pt:FixturesFittings2016-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-04-012016-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2016-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-03-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2015-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-03-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2016-03-31http://www.companieshouse.gov.uk/pt:FixturesFittings2015-04-012016-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-04-012016-03-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2015-04-012016-03-31http://www.companieshouse.gov.uk/2014-04-012015-03-31http://www.companieshouse.gov.uk/2015-04-012016-03-31http://www.companieshouse.gov.uk/2015-03-31http://www.companieshouse.gov.uk/2016-03-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-04-012016-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05418815
C Q Consultancy Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
Prepared By:
Stroud Accountancy and Taxation Services Ltd
Chartered Certified Accountants
Glenmore
Wells Road
Eastcombe, Stroud
Gloucestershire
GL6 7EE
C Q Consultancy Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 March 2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 05418815
C Q Consultancy Limited
Registered Number: 05418815
BALANCE SHEET AT 31 MARCH 2016
20162015
Notes££
FIXED ASSETS
Tangible assets32,0301,878
CURRENT ASSETS
Debtors (amounts falling due within one year)426,793122,534
Debtors (amounts falling due after more than one year)4-11,789
Cash at bank and in hand63,55213,919
90,345148,242
CREDITORS: Amounts falling due within one year9,78614,093
NET CURRENT ASSETS80,559134,149
TOTAL ASSETS LESS CURRENT LIABILITIES82,589136,027
CAPITAL AND RESERVES
Called up share capital5100100
Profit and loss account82,489135,927
SHAREHOLDERS' FUNDS82,589136,027
For the year ending 31 March 2016 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 17 October 2016 and signed on their behalf by
P Pivcevic
Director
C Q Consultancy Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
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 January 2015).
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 25%
Equipmentstraight line 25%
1c. 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.
1d. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
1f. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life of 10 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 1 April 201534,00034,000
At 31 March 201634,00034,000
Depreciation
At 1 April 201534,00034,000
At 31 March 201634,00034,000
Net Book Amounts
At 31 March 2016--
C Q Consultancy Limited
3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentTotal
£££
Cost
At 1 April 20151,1114,6745,785
Additions-1,6871,687
At 31 March 20161,1116,3617,472
Depreciation
At 1 April 20158683,0393,907
For the year611,4741,535
At 31 March 20169294,5135,442
Net Book Amounts
At 31 March 20161821,8482,030
At 31 March 20152431,6351,878
4. DEBTORS 20162015
££
Amounts falling due within one year:
Trade debtors25,50334,818
Other Tax1,290-
Other debtors-87,716
26,793122,534
Amounts falling due after more than one year:
Long term debtor-11,789
-11,789
5. SHARE CAPITAL 20162015
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
C Q Consultancy Limited
6. TRANSACTIONS WITH DIRECTORS
Included within other Creditors is an amount of £777 (2015: Other Debtor of £87,717) due to/from the director, P Pivcevic. The maximum amount outstanding during the year was £87,717. Repayments made totalled £178,268 and advances in the year totalled £89,774.
7. CONTROLLING PARTY
The company is controlled by the director, P Pivcevic, by virtue of his 67% interest in the ordinary share capital of the company.