Abbreviated Company Accounts - Q CABS LTD

NI611507 Q CABS LTD 2016-03-31 false 2015-04-01 2016-03-31 true NI611507 2015-04-01 2016-03-31 NI611507 2016-03-31 NI611507 2015-03-31 NI611507 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 NI611507 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number NI611507

Q CABS LTD

Abbreviated Accounts

31 March 2016

Q CABS LTD Registered Number NI611507

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	21,600	25,200
Tangible assets	3	4,556	4,886
		26,156	30,086
Current assets
Cash at bank and in hand		-	258
		-	258
Creditors: amounts falling due within one year		(36,845)	(40,208)
Net current assets (liabilities)		(36,845)	(39,950)
Total assets less current liabilities		(10,689)	(9,864)
Provisions for liabilities		(180)	(246)
Total net assets (liabilities)		(10,869)	(10,110)
Capital and reserves
Called up share capital	4	4	4
Profit and loss account		(10,873)	(10,114)
Shareholders' funds		(10,869)	(10,110)

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 21 December 2016

And signed on their behalf by:
Terence Curran, Director

Q CABS LTD Registered Number NI611507

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Plant and machinery - 20% reducing balance
Fixtures, fittings and equipment - 20% reducing balance
Motor vehicles - 20% reducing balance

Intangible assets amortisation policy
Goodwill - 10% straight line

2Intangible fixed assets

	£
Cost
At 1 April 2015	36,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	36,000
Amortisation
At 1 April 2015	10,800
Charge for the year	3,600
On disposals	-
At 31 March 2016	14,400
Net book values
At 31 March 2016	21,600
At 31 March 2015	25,200

3Tangible fixed assets

	£
Cost
At 1 April 2015	7,825
Additions	3,210
Disposals	(3,000)
Revaluations	-
Transfers	-
At 31 March 2016	8,035
Depreciation
At 1 April 2015	2,939
Charge for the year	1,140
On disposals	(600)
At 31 March 2016	3,479
Net book values
At 31 March 2016	4,556
At 31 March 2015	4,886

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
4 Ordinary shares of £1 each	4	4