Qrometric Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08390588 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 29 FEBRUARY 2016

FOR

QROMETRIC LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

E M Hawes

R S Farley

B J Ramsey

REGISTERED OFFICE:

1st Floor Redington Court

69 Church Road

Hove

East Sussex

BN3 2BB

REGISTERED NUMBER:

08390588 (England and Wales)

ACCOUNTANTS:

Simon Winnard & Company

Redington Court

69 Church Road

Hove

East Sussex

BN3 2BB

CURRENT ASSETS

Debtors

90

6,297

Cash at bank

1,545

5,401

1,635

11,698

CREDITORS

Amounts falling due within one year

44,195

41,002

NET CURRENT LIABILITIES

(42,560

)

(29,304

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(42,560

)

(29,304

)

CAPITAL AND RESERVES

Called up share capital

2

90

Profit and loss account

(42,650

)

(29,394

)

SHAREHOLDERS' FUNDS

(42,560

)

(29,304

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 27 November 2016 and were signed on its behalf
by:

E M Hawes - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

At the balance sheet date, the company's liabilities exceeded it's assets by £42,560. Included within creditors are

loans to the company from Eagle-I Limited, VCT Ltd and RF Systems (H2O) Ltd of £10,150, £15,668 and

£15,900 respectively. Mr EM Hawes owns a controlling interest in Eagle-I Limited and Mr BJ Ramsey owns an

equal shareholding in VCT Limited and both are directors of the respective companies. Mr R Farley owns 100%

of the share capital in RF Systems (H2O) Ltd and is the company's sole director. They have each confirmed that

these companies will not seek repayment of the loans made to Qrometric Limited in the near future, and thus it is

the opinion of the directors that these accounts should be compared on a going concern basis.

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 January 2015).

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

90

Ordinary

£1

90